TrueMark Investments LLC lifted its holdings in shares of TotalEnergies SE Sponsored ADR (NYSE:TTE – Free Report) by 61.6% in the first quarter, according to its most recent filing with the SEC. The firm owned 55,539 shares of the company’s stock after acquiring an additional 21,167 shares during the period. TrueMark Investments LLC’s holdings in TotalEnergies were worth $5,053,000 as of its most recent filing with the SEC.
Several other institutional investors have also made changes to their positions in the business. YANKCOM Partnership raised its position in TotalEnergies by 146.8% in the fourth quarter. YANKCOM Partnership now owns 390 shares of the company’s stock worth $25,000 after purchasing an additional 232 shares in the last quarter. MH & Associates Securities Management Corp ADV acquired a new stake in TotalEnergies during the fourth quarter valued at approximately $29,000. Lodestone Wealth Management LLC acquired a new stake in TotalEnergies during the fourth quarter valued at approximately $32,000. Elyxium Wealth LLC acquired a new stake in TotalEnergies during the fourth quarter valued at approximately $33,000. Finally, Colonial Trust Advisors grew its stake in shares of TotalEnergies by 212.6% in the 3rd quarter. Colonial Trust Advisors now owns 619 shares of the company’s stock valued at $37,000 after purchasing an additional 421 shares during the period. 16.53% of the stock is currently owned by institutional investors and hedge funds.
TotalEnergies Stock Performance
NYSE TTE opened at $78.75 on Thursday. The firm has a market cap of $188.81 billion, a price-to-earnings ratio of 11.67, a PEG ratio of 2.72 and a beta of 0.12. The company has a 50 day moving average of $88.61 and a 200-day moving average of $80.05. The company has a current ratio of 1.08, a quick ratio of 0.85 and a debt-to-equity ratio of 0.41. TotalEnergies SE Sponsored ADR has a 1-year low of $57.39 and a 1-year high of $94.17.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on the company. Weiss Ratings raised TotalEnergies from a “hold (c)” rating to a “buy (b-)” rating in a report on Friday, May 1st. Scotiabank boosted their price target on TotalEnergies from $73.00 to $97.00 and gave the company a “sector perform” rating in a research note on Wednesday, April 22nd. TD Cowen reiterated a “buy” rating on shares of TotalEnergies in a research report on Monday, April 20th. Morgan Stanley reiterated an “overweight” rating on shares of TotalEnergies in a research note on Tuesday, May 12th. Finally, Kepler Capital Markets raised TotalEnergies from a “reduce” rating to a “hold” rating in a report on Thursday, April 23rd. Ten investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $84.33.
Read Our Latest Stock Analysis on TTE
TotalEnergies 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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