Sei Investments Co. Has $89.05 Million Position in TotalEnergies SE Sponsored ADR $TTE

Sei Investments Co. boosted its stake in shares of TotalEnergies SE Sponsored ADR (NYSE:TTEFree Report) by 8.6% in the first quarter, Holdings Channel reports. The firm owned 978,796 shares of the company’s stock after acquiring an additional 77,297 shares during the period. Sei Investments Co.’s holdings in TotalEnergies were worth $89,051,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. YANKCOM Partnership lifted its stake in shares of TotalEnergies by 146.8% in the fourth quarter. YANKCOM Partnership now owns 390 shares of the company’s stock worth $25,000 after buying an additional 232 shares during the last quarter. Maseco LLP boosted its holdings in shares of TotalEnergies by 119.9% during the 1st quarter. Maseco LLP now owns 420 shares of the company’s stock worth $38,000 after buying an additional 229 shares during the period. Cassaday & Co Wealth Management LLC acquired a new position in TotalEnergies in the 1st quarter valued at $39,000. MH & Associates Securities Management Corp ADV acquired a new position in TotalEnergies in the 4th quarter valued at $29,000. Finally, Lodestone Wealth Management LLC acquired a new position in TotalEnergies in the 4th quarter valued at $32,000. Institutional investors and hedge funds own 16.53% of the company’s stock.

TotalEnergies Trading Up 0.8%

Shares of TTE stock opened at $86.93 on Friday. TotalEnergies SE Sponsored ADR has a 1 year low of $57.39 and a 1 year high of $94.17. The firm’s fifty day simple moving average is $84.01 and its 200 day simple moving average is $82.14. The firm has a market capitalization of $208.43 billion, a P/E ratio of 10.88, a price-to-earnings-growth ratio of 3.08 and a beta of 0.14. 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 (NYSE:TTEGet Free Report) last issued its quarterly earnings results on Tuesday, June 30th. The company reported $2.68 earnings per share for the quarter. TotalEnergies had a net margin of 8.29% and a return on equity of 16.01%. The firm had revenue of $57.10 billion during the quarter. As a group, sell-side analysts predict that TotalEnergies SE Sponsored ADR will post 10.54 EPS for the current year.

More TotalEnergies News

Here are the key news stories impacting TotalEnergies this week:

  • Positive Sentiment: TotalEnergies reported second-quarter results that highlighted a 67%-68% jump in profit, driven by higher oil prices and strong refining/trading margins. The company also posted solid cash flow and reduced net debt, reinforcing balance-sheet strength. Reuters: TotalEnergies Q2 profit up 67% on higher oil price, strong refining margins
  • Positive Sentiment: The board approved a second interim dividend of €0.90 per share, a 5.9% increase from last year, which should appeal to income-focused investors. Business Wire: Second interim dividend
  • Positive Sentiment: Management said the company earned about $400 million annually from Russian LNG cargo sales, adding to near-term cash generation. Reuters: Russian LNG sales
  • Positive Sentiment: TD Cowen raised its price target to $105 and kept a Buy rating, signaling further upside potential after the results. The Fly: TD Cowen price target increase
  • Neutral Sentiment: One post-earnings note said Q2 earnings and sales missed estimates because lower production offset stronger cash flow and refining gains, so the market is balancing a mixed headline against better underlying profitability. Zacks: Q2 earnings and sales miss estimates
  • Neutral Sentiment: Management also said it will exit its stake in the Arctic LNG 2 project in Russia, a strategic move that reduces exposure but may limit some future upside from that asset. Reuters: Exit Arctic LNG 2
  • Negative Sentiment: Piper Sandler reiterated a Neutral rating with an $85 target, suggesting limited upside from current levels compared with more bullish analyst views. Benzinga: Piper Sandler rating

Analyst Ratings Changes

TTE has been the subject of a number of research analyst reports. Zacks Research lowered shares of TotalEnergies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. TD Cowen raised their price target on TotalEnergies from $102.00 to $105.00 and gave the company a “buy” rating in a research report on Friday. Scotiabank lifted their price objective on TotalEnergies from $73.00 to $97.00 and gave the stock a “sector perform” rating in a research note on Wednesday, April 22nd. BNP Paribas Exane upgraded TotalEnergies from a “neutral” rating to an “outperform” rating in a research note on Friday, April 17th. Finally, CICC Research began coverage on TotalEnergies in a research report on Tuesday, June 23rd. They set an “outperform” rating for the company. Eleven investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $87.14.

Check Out Our Latest Report on TotalEnergies

About TotalEnergies

(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.

See Also

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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