Bank of New York Mellon Corp Purchases 234,084 Shares of T1 Energy Inc $TE

Key Points

• Bank of New York Mellon increased its T1 Energy stake by 63.3% in the first quarter, purchasing 234,084 shares to own 604,176 shares valued at approximately $2.65 million. Institutional investors collectively hold 52.31% of the company.
• Major shareholder Solar (Schweiz) AG Trina sold 9.5 million shares for about $77.3 million, reducing its ownership by 23.66%; company insiders still own 22.44% of the stock.
• Analyst sentiment remains cautiously positive, with a consensus “Moderate Buy” rating and a $9 price target, although ratings range from “Strong Buy” to “Sell.” T1 remains unprofitable, carries a debt-to-equity ratio of 2.05, and faces execution and funding risks tied to its solar expansion projects.

Bank of New York Mellon Corp raised its holdings in T1 Energy Inc (NYSE:TE - Free Report) by 63.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 604,176 shares of the utilities provider's stock after purchasing an additional 234,084 shares during the quarter. Bank of New York Mellon Corp owned 0.22% of T1 Energy worth $2,652,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Strs Ohio acquired a new stake in shares of T1 Energy in the 1st quarter valued at approximately $26,000. Envestnet Asset Management Inc. acquired a new stake in T1 Energy in the second quarter valued at approximately $27,000. NBC Securities Inc. acquired a new stake in T1 Energy in the fourth quarter valued at approximately $28,000. First PREMIER Bank acquired a new stake in T1 Energy in the fourth quarter valued at approximately $30,000. Finally, Blackhawk Capital Partners LLC bought a new stake in shares of T1 Energy during the first quarter worth $44,000. Institutional investors and hedge funds own 52.31% of the company's stock.

Insiders Place Their Bets

In other T1 Energy news, major shareholder Solar (Schweiz) Ag Trina sold 9,500,000 shares of T1 Energy stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $8.14, for a total value of $77,330,000.00. Following the completion of the sale, the insider directly owned 30,652,664 shares of the company's stock, valued at approximately $249,512,684.96. The trade was a 23.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 22.44% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on TE shares. Northland Securities initiated coverage on shares of T1 Energy in a report on Wednesday, June 3rd. They set an "outperform" rating and a $16.00 price target for the company. BTIG Research boosted their price objective on T1 Energy from $7.00 to $8.00 and gave the stock a "buy" rating in a research report on Tuesday, May 12th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of T1 Energy in a report on Wednesday, July 8th. Sanford C. Bernstein began coverage on T1 Energy in a report on Tuesday, June 16th. They issued a "market perform" rating and a $9.00 target price for the company. Finally, Needham & Company LLC dropped their target price on T1 Energy from $8.00 to $7.00 and set a "buy" rating for the company in a research report on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $9.00.

Trending Headlines about T1 Energy

Here are the key news stories impacting T1 Energy this week:

• Positive Sentiment: U.S. solar-policy support: T1 endorsed the Trump administration’s decision, following a Section 232 investigation, to establish a minimum import price for polysilicon and related products. The company said the measure should help limit dumping, strengthen domestic supply chains, and improve the competitiveness of American solar manufacturers. American Solar Supported by Polysilicon Proclamation
• Positive Sentiment: Clearway supply agreement: T1’s recently announced 641-megawatt agreement to supply Clearway with solar modules made using domestic cells from its G2_Austin facility provides a visible customer and revenue opportunity for future production. The deal reinforces the company’s vertically integrated U.S. solar strategy. T1 Energy Lands Clearway Deal
• Positive Sentiment: Improving operating outlook: Preliminary second-quarter sales were estimated at approximately $245 million to $255 million, while full-year G1_Dallas production is expected toward the high end of the company’s prior range. These updates support the view that demand and operations are advancing.
• Neutral Sentiment: Upcoming earnings catalyst: T1 will release second-quarter 2026 results before the market opens on August 12 and hold a conference call afterward. Investors will be watching production, cash usage, project spending, and the timeline for G2_Austin’s first cell production. T1 Energy Announces Second-Quarter Earnings Schedule
• Neutral Sentiment: Evervolt share clarification: T1 addressed the legal status of Evervolt shares and referenced its automatic shelf registration statement. The clarification may reduce uncertainty, although registration-related disclosures can also raise questions about future financing or potential dilution. T1 Energy Clarifies Legal Status of Evervolt Shares
• Negative Sentiment: Investor litigation investigation: Block & Leviton announced an investigation into possible securities-law violations involving T1. Although this is not an allegation proven in court, the announcement adds reputational and legal overhang. Block and Leviton T1 Energy Investigation
• Negative Sentiment: Execution and funding risks remain: T1 has disclosed higher project capital expenditures, a later-than-previously-expected G2_Austin first-cell timeline of the first quarter of 2027, and recent convertible-note financing used as bridge capital. The company also remains unprofitable, making successful execution and access to capital important for the stock’s outlook.

T1 Energy Stock Performance

Shares of TE stock opened at $5.88 on Friday. T1 Energy Inc has a one year low of $1.20 and a one year high of $12.49. The company has a debt-to-equity ratio of 2.05, a current ratio of 1.25 and a quick ratio of 0.98. The business's 50 day simple moving average is $7.57 and its 200 day simple moving average is $7.01. The stock has a market capitalization of $1.64 billion, a PE ratio of -2.89 and a beta of 2.23.

T1 Energy (NYSE:TE - Get Free Report) last announced its earnings results on Wednesday, May 13th. The utilities provider reported ($0.08) earnings per share for the quarter, topping analysts' consensus estimates of ($0.21) by $0.13. T1 Energy had a negative net margin of 42.30% and a negative return on equity of 150.51%. The business had revenue of $177.65 million during the quarter. During the same period in the prior year, the business earned ($0.11) EPS. As a group, research analysts forecast that T1 Energy Inc will post -0.2 earnings per share for the current year.

T1 Energy Company Profile

T1 Energy Inc is an energy solutions provider building an integrated supply chain for solar and batteries. T1 Energy Inc , formerly known as FREYR Battery, is based in NEW YORK.

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