Prospera Financial Services Inc Has $1.56 Million Holdings in TotalEnergies SE Sponsored ADR $TTE

Prospera Financial Services Inc cut its holdings in shares of TotalEnergies SE Sponsored ADR (NYSE:TTEFree Report) by 28.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 20,126 shares of the company’s stock after selling 8,182 shares during the period. Prospera Financial Services Inc’s holdings in TotalEnergies were worth $1,565,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Robinswood Financial LLC bought a new stake in shares of TotalEnergies in the first quarter worth about $27,000. Elyxium Wealth LLC acquired a new stake in shares of TotalEnergies during the fourth quarter worth about $33,000. SHP Wealth Management bought a new position in shares of TotalEnergies during the 4th quarter valued at about $37,000. Annis Gardner Whiting Capital Advisors LLC bought a new position in shares of TotalEnergies during the 4th quarter valued at about $38,000. Finally, Maseco LLP grew its position in shares of TotalEnergies by 119.9% in the 1st quarter. Maseco LLP now owns 420 shares of the company’s stock valued at $38,000 after purchasing an additional 229 shares during the period. 16.53% of the stock is owned by institutional investors and hedge funds.

TotalEnergies Trading Down 0.4%

NYSE:TTE opened at $87.61 on Thursday. TotalEnergies SE Sponsored ADR has a twelve month low of $57.39 and a twelve month high of $94.17. The company has a quick ratio of 0.85, a current ratio of 1.06 and a debt-to-equity ratio of 0.38. The business has a 50 day moving average price of $82.98 and a two-hundred day moving average price of $84.16. The company has a market cap of $210.06 billion, a P/E ratio of 10.96, a price-to-earnings-growth ratio of 3.10 and a beta of 0.14.

TotalEnergies (NYSE:TTEGet Free Report) last posted its quarterly earnings data on Tuesday, June 30th. The company reported $2.68 earnings per share (EPS) for the quarter. The company had revenue of $57.10 billion for the quarter. TotalEnergies had a net margin of 8.29% and a return on equity of 15.66%. As a group, analysts expect that TotalEnergies SE Sponsored ADR will post 10.65 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Wall Street Zen cut TotalEnergies from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Zacks Research cut shares of TotalEnergies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. TD Cowen upped their price target on shares of TotalEnergies from $102.00 to $105.00 and gave the company a “buy” rating in a report on Friday, July 24th. Kepler Capital Markets raised shares of TotalEnergies from a “reduce” rating to a “hold” rating in a research report on Thursday, April 23rd. Finally, Weiss Ratings upgraded shares of TotalEnergies from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 24th. Eleven research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, TotalEnergies presently has an average rating of “Moderate Buy” and a consensus target price of $87.14.

Check Out Our Latest Analysis on TotalEnergies

TotalEnergies Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding TTE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TotalEnergies SE Sponsored ADR (NYSE:TTEFree Report).

Institutional Ownership by Quarter for TotalEnergies (NYSE:TTE)

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