American Century Companies Inc. Has $99.06 Million Stock Holdings in TotalEnergies SE Sponsored ADR $TTE

Key Points

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American Century Companies Inc. raised its holdings in TotalEnergies SE Sponsored ADR (NYSE:TTE - Free Report) by 6.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,531,284 shares of the company's stock after buying an additional 87,768 shares during the quarter. American Century Companies Inc. owned 0.06% of TotalEnergies worth $99,059,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. HighTower Advisors LLC grew its holdings in shares of TotalEnergies by 2.5% in the 1st quarter. HighTower Advisors LLC now owns 768,826 shares of the company's stock worth $49,735,000 after purchasing an additional 19,043 shares during the last quarter. Sowell Financial Services LLC bought a new stake in shares of TotalEnergies in the 1st quarter worth about $280,000. Leo Wealth LLC grew its holdings in shares of TotalEnergies by 106.7% in the 1st quarter. Leo Wealth LLC now owns 20,931 shares of the company's stock worth $1,354,000 after purchasing an additional 10,805 shares during the last quarter. Banco Santander S.A. grew its holdings in shares of TotalEnergies by 26.1% in the 1st quarter. Banco Santander S.A. now owns 66,888 shares of the company's stock worth $4,327,000 after purchasing an additional 13,850 shares during the last quarter. Finally, Royal Bank of Canada grew its holdings in shares of TotalEnergies by 10.0% in the 4th quarter. Royal Bank of Canada now owns 2,917,438 shares of the company's stock worth $159,000,000 after purchasing an additional 265,251 shares during the last quarter. Institutional investors own 16.53% of the company's stock.

Analyst Ratings Changes

TTE has been the topic of several analyst reports. Morgan Stanley raised shares of TotalEnergies from an "equal weight" rating to an "overweight" rating and set a $60.80 target price on the stock in a report on Monday, May 12th. Scotiabank set a $65.00 target price on shares of TotalEnergies and gave the stock a "sector perform" rating in a report on Friday, July 11th. Sanford C. Bernstein raised shares of TotalEnergies from a "market perform" rating to an "outperform" rating in a report on Monday, June 16th. Dbs Bank raised shares of TotalEnergies from a "hold" rating to a "buy" rating in a report on Wednesday, May 7th. Finally, Piper Sandler increased their price objective on shares of TotalEnergies from $66.00 to $68.00 and gave the stock a "neutral" rating in a report on Monday. Three investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $66.95.

TotalEnergies Trading Up 1.1%

Shares of TotalEnergies stock traded up $0.6850 on Wednesday, hitting $63.0050. 1,245,879 shares of the company's stock traded hands, compared to its average volume of 1,536,016. TotalEnergies SE Sponsored ADR has a one year low of $52.78 and a one year high of $70.50. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.00 and a quick ratio of 0.81. The stock has a market capitalization of $151.07 billion, a PE ratio of 11.43, a price-to-earnings-growth ratio of 1.07 and a beta of 0.59. The firm's 50-day moving average price is $61.67 and its two-hundred day moving average price is $60.49.

TotalEnergies (NYSE:TTE - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The company reported $1.57 EPS for the quarter, missing analysts' consensus estimates of $1.62 by ($0.05). TotalEnergies had a net margin of 6.20% and a return on equity of 13.59%. The company had revenue of $44.68 billion during the quarter, compared to the consensus estimate of $42.44 billion. On average, research analysts expect that TotalEnergies SE Sponsored ADR will post 8.02 EPS for the current fiscal year.

TotalEnergies Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, July 11th. Investors of record on Thursday, June 19th were given a $0.7108 dividend. This represents a dividend yield of 454.0%. The ex-dividend date was Wednesday, June 18th. TotalEnergies's dividend payout ratio (DPR) is currently 53.72%.

TotalEnergies Profile

TotalEnergies SE, a multi-energy company, produces and markets oil and biofuels, natural gas, green gases, renewables, and electricity in France, rest of Europe, North America, Africa, and internationally. It operates through five segments: Exploration & Production, Integrated LNG, Integrated Power, Refining & Chemicals, and Marketing & Services.