Flossbach Von Storch SE Takes Position in TotalEnergies SE Sponsored ADR $TTE

Key Points

• Flossbach Von Storch SE established a new position in TotalEnergies ADR, acquiring 953,936 shares in the fourth quarter valued at approximately $62.29 million.
• TotalEnergies beat Q4 estimates with $1.73 EPS (vs. $1.72) and revenue of $45.93 billion (vs. $36.69 billion), and several brokers have recently upgraded the stock; MarketBeat's consensus rating is a Moderate Buy with a $80.97 target.
• The stock trades with a market cap of about $213.05 billion and a P/E of 15.35, a 12‑month range of $56.31–$93.49, and roughly 16.53% institutional ownership.

Flossbach Von Storch SE acquired a new position in TotalEnergies SE Sponsored ADR (NYSE:TTE - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 953,936 shares of the company's stock, valued at approximately $62,288,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. YANKCOM Partnership raised its holdings in shares of TotalEnergies by 146.8% in the 4th quarter. YANKCOM Partnership now owns 390 shares of the company's stock valued at $25,000 after purchasing an additional 232 shares in the last quarter. First Horizon Corp purchased a new stake in shares of TotalEnergies in the 3rd quarter worth approximately $25,000. MH & Associates Securities Management Corp ADV bought a new position in shares of TotalEnergies during the fourth quarter valued at approximately $29,000. Grey Fox Wealth Advisors LLC bought a new position in shares of TotalEnergies during the third quarter valued at approximately $29,000. Finally, Lodestone Wealth Management LLC purchased a new position in TotalEnergies during the fourth quarter valued at approximately $32,000. 16.53% of the stock is currently owned by institutional investors.

TotalEnergies Trading Down 1.0%

TotalEnergies stock opened at $88.86 on Tuesday. The firm has a market cap of $213.05 billion, a PE ratio of 15.35, a P/E/G ratio of 3.90 and a beta of 0.13. TotalEnergies SE Sponsored ADR has a 12 month low of $56.31 and a 12 month high of $93.49. The stock's 50 day simple moving average is $85.62 and its two-hundred day simple moving average is $72.85. 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 (NYSE:TTE - Get Free Report) last posted its earnings results on Wednesday, February 11th. The company reported $1.73 earnings per share for the quarter, beating the consensus estimate of $1.72 by $0.01. TotalEnergies had a net margin of 6.52% and a return on equity of 13.14%. The firm had revenue of $45.93 billion during the quarter, compared to analyst estimates of $36.69 billion. Analysts anticipate that TotalEnergies SE Sponsored ADR will post 8.65 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on TTE. JPMorgan Chase & Co. raised TotalEnergies from a "neutral" rating to an "overweight" rating in a research report on Monday, March 2nd. Citigroup restated a "buy" rating on shares of TotalEnergies in a report on Thursday, February 12th. Zacks Research upgraded shares of TotalEnergies from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 30th. Morgan Stanley reissued an "overweight" rating on shares of TotalEnergies in a report on Tuesday, January 6th. Finally, BNP Paribas Exane raised shares of TotalEnergies from a "neutral" rating to an "outperform" rating in a report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $80.97.

TotalEnergies Company 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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