Aberdeen Group plc Has $25.12 Million Stock Holdings in TotalEnergies SE Sponsored ADR $TTE

Key Points

• Aberdeen Group plc increased its stake in TotalEnergies by 14.5% in Q4, buying 48,640 shares to hold 384,040 shares worth $25.12 million.
• TotalEnergies shares traded down 1.9% to $89.62 mid-day, giving the company a market cap of $214.88 billion and a PE ratio of 15.48, with a 12‑month range of $52.78–$93.29.
• Analysts are mixed: the consensus rating is Hold with an average price target of $77.54, even as TotalEnergies slightly beat Q4 EPS and revenue estimates (EPS $1.73 vs $1.72; revenue $45.93B vs $36.69B).

Aberdeen Group plc grew its position in TotalEnergies SE Sponsored ADR (NYSE:TTE - Free Report) by 14.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 384,040 shares of the company's stock after purchasing an additional 48,640 shares during the period. Aberdeen Group plc's holdings in TotalEnergies were worth $25,124,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. First Horizon Corp acquired a new stake in shares of TotalEnergies in the 3rd quarter valued at $25,000. Grey Fox Wealth Advisors LLC acquired a new stake in shares of TotalEnergies in the 3rd quarter valued at $29,000. Lodestone Wealth Management LLC acquired a new stake in shares of TotalEnergies in the 4th quarter valued at $32,000. Salomon & Ludwin LLC boosted its stake in shares of TotalEnergies by 1,177.3% in the 3rd quarter. Salomon & Ludwin LLC now owns 562 shares of the company's stock valued at $34,000 after purchasing an additional 518 shares in the last quarter. Finally, Colonial Trust Advisors boosted 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 in the last quarter. Institutional investors and hedge funds own 16.53% of the company's stock.

TotalEnergies Trading Down 1.9%

Shares of NYSE:TTE traded down $1.75 during mid-day trading on Wednesday, reaching $89.62. The stock had a trading volume of 3,632,595 shares, compared to its average volume of 1,980,235. The firm has a market cap of $214.88 billion, a PE ratio of 15.48, a price-to-earnings-growth ratio of 4.19 and a beta of 0.13. The firm has a 50 day simple moving average of $65.19 and a two-hundred day simple moving average of $62.71. The company has a current ratio of 0.97, a quick ratio of 0.79 and a debt-to-equity ratio of 0.42. TotalEnergies SE Sponsored ADR has a twelve month low of $52.78 and a twelve month high of $93.29.

TotalEnergies (NYSE:TTE - Get Free Report) last announced its quarterly earnings results on Wednesday, February 11th. The company reported $1.73 earnings per share for the quarter, beating analysts' consensus estimates of $1.72 by $0.01. The business had revenue of $45.93 billion for the quarter, compared to the consensus estimate of $36.69 billion. TotalEnergies had a net margin of 6.52% and a return on equity of 13.14%. On average, research analysts predict that TotalEnergies SE Sponsored ADR will post 8.02 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently commented on TTE. Freedom Capital downgraded shares of TotalEnergies from a "strong-buy" rating to a "strong sell" rating in a research note on Friday, February 13th. TD Cowen raised shares of TotalEnergies from a "hold" rating to a "buy" rating and set a $97.00 price objective on the stock in a report on Wednesday, March 18th. Jefferies Financial Group raised shares of TotalEnergies from a "hold" rating to a "buy" rating in a report on Thursday, January 8th. Kepler Capital Markets lowered shares of TotalEnergies from a "hold" rating to a "reduce" rating in a report on Tuesday, January 27th. Finally, Scotiabank raised shares of TotalEnergies to a "hold" rating in a report on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $77.54.

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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