Blair William & Co. IL Boosts Stock Holdings in TotalEnergies SE Sponsored ADR $TTE

Key Points

• Blair William & Co. IL increased its stake in TotalEnergies SE Sponsored ADR by 11.1%, now holding 75,227 shares valued at $4.62 million.
• Analysts have mixed reviews, with BNP Paribas downgrading TotalEnergies to a "hold" while Piper Sandler raised its price target from $66 to $68.
• TotalEnergies reported $1.57 EPS in its latest earnings, missing estimates by $0.05, despite a revenue of $44.68 billion for the quarter.

Blair William & Co. IL grew its position in shares of TotalEnergies SE Sponsored ADR (NYSE:TTE - Free Report) by 11.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,227 shares of the company's stock after purchasing an additional 7,512 shares during the quarter. Blair William & Co. IL's holdings in TotalEnergies were worth $4,618,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in TTE. Farther Finance Advisors LLC increased its holdings in shares of TotalEnergies by 54.1% during the 1st quarter. Farther Finance Advisors LLC now owns 6,897 shares of the company's stock valued at $445,000 after purchasing an additional 2,421 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of TotalEnergies by 16.9% during the 1st quarter. GAMMA Investing LLC now owns 3,455 shares of the company's stock valued at $224,000 after purchasing an additional 499 shares in the last quarter. CX Institutional purchased a new position in shares of TotalEnergies during the 1st quarter valued at approximately $74,000. Simon Quick Advisors LLC purchased a new position in shares of TotalEnergies during the 1st quarter valued at approximately $219,000. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of TotalEnergies by 34.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 71,856 shares of the company's stock valued at $4,648,000 after purchasing an additional 18,446 shares in the last quarter. 16.53% of the stock is owned by hedge funds and other institutional investors.

TotalEnergies Price Performance

Shares of NYSE TTE opened at $57.47 on Monday. The firm has a market cap of $137.79 billion, a PE ratio of 10.43, a PEG ratio of 1.35 and a beta of 0.53. The firm has a fifty day moving average of $61.33 and a 200 day moving average of $60.44. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 1.00. TotalEnergies SE Sponsored ADR has a one year low of $52.78 and a one year high of $68.58.

TotalEnergies (NYSE:TTE - Get Free Report) last announced its earnings results on Thursday, July 24th. The company reported $1.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.62 by ($0.05). TotalEnergies had a return on equity of 13.59% and a net margin of 6.20%.The business had revenue of $44.68 billion for the quarter, compared to analyst estimates of $42.44 billion. As a group, research analysts predict that TotalEnergies SE Sponsored ADR will post 8.02 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. BNP Paribas lowered shares of TotalEnergies from an "outperform" rating to a "hold" rating in a report on Tuesday, September 23rd. Royal Bank Of Canada reissued an "outperform" rating on shares of TotalEnergies in a report on Tuesday, September 30th. BNP Paribas Exane reissued a "neutral" rating on shares of TotalEnergies in a report on Tuesday, September 23rd. Piper Sandler boosted their price target on shares of TotalEnergies from $66.00 to $68.00 and gave the stock a "neutral" rating in a report on Monday, August 18th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of TotalEnergies in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $64.95.

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.

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