Rockefeller Capital Management L.P. lifted its position in shares of TotalEnergies SE Sponsored ADR (NYSE:TTE – Free Report) by 8.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,155,764 shares of the company’s stock after purchasing an additional 93,385 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in TotalEnergies were worth $75,610,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MGO One Seven LLC lifted its position in TotalEnergies by 1.3% during the fourth quarter. MGO One Seven LLC now owns 10,410 shares of the company’s stock valued at $681,000 after buying an additional 137 shares during the period. Clear Creek Financial Management LLC increased its stake in shares of TotalEnergies by 2.4% in the 4th quarter. Clear Creek Financial Management LLC now owns 6,334 shares of the company’s stock worth $414,000 after acquiring an additional 150 shares in the last quarter. Bruce G. Allen Investments LLC increased its stake in shares of TotalEnergies by 4.4% in the 4th quarter. Bruce G. Allen Investments LLC now owns 4,091 shares of the company’s stock worth $268,000 after acquiring an additional 172 shares in the last quarter. SkyView Investment Advisors LLC lifted its position in TotalEnergies by 2.2% during the 2nd quarter. SkyView Investment Advisors LLC now owns 8,054 shares of the company’s stock valued at $495,000 after acquiring an additional 175 shares during the period. Finally, OLD National Bancorp IN lifted its position in TotalEnergies by 2.5% during the 4th quarter. OLD National Bancorp IN now owns 7,189 shares of the company’s stock valued at $470,000 after acquiring an additional 176 shares during the period. 16.53% of the stock is owned by hedge funds and other institutional investors.
TotalEnergies Price Performance
TTE opened at $80.47 on Friday. The firm has a market cap of $192.95 billion, a PE ratio of 11.92, a P/E/G ratio of 2.73 and a beta of 0.12. The stock has a 50-day moving average price of $89.34 and a 200-day moving average price of $79.66. TotalEnergies SE Sponsored ADR has a 1 year low of $57.39 and a 1 year high of $94.17. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.08 and a quick ratio of 0.85.
Analyst Upgrades and Downgrades
TTE has been the topic of several research reports. JPMorgan Chase & Co. raised shares of TotalEnergies from a “neutral” rating to an “overweight” rating in a research note on Monday, March 2nd. Weiss Ratings raised shares of TotalEnergies from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday, May 1st. Kepler Capital Markets upgraded shares of TotalEnergies from a “reduce” rating to a “hold” rating in a report on Thursday, April 23rd. Zacks Research cut TotalEnergies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Finally, Wall Street Zen upgraded TotalEnergies from a “hold” rating to a “buy” rating in a research note on Saturday. Nine equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, TotalEnergies currently has a consensus rating of “Hold” and a consensus price target of $84.33.
Check Out Our Latest Analysis on TTE
TotalEnergies Company Profile
TotalEnergies SE (NYSE: TTE) is a French multinational integrated energy company engaged across the full energy value chain. Founded in 1924 as Compagnie Française des Pétroles, the company grew through a series of mergers and expansions—most notably with Petrofina and Elf Aquitaine around the turn of the millennium—and rebranded to TotalEnergies in 2021 to reflect a broader focus on multiple energy sources. It is organized to operate across upstream and downstream activities while pursuing a transition toward lower-carbon energy solutions.
In upstream, TotalEnergies explores for and produces crude oil and natural gas globally.
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