TotalEnergies SE Sponsored ADR $TTE Shares Acquired by M&T Bank Corp

Key Points

• M&T Bank Corp increased its stake in TotalEnergies by 25.7% in Q4, buying 56,912 shares to hold 278,756 shares worth about $18.22 million, according to its latest 13F filing.
• Other large institutional moves included Vanguard taking a new stake valued at roughly $5.34 billion and Massachusetts Financial Services adding 40,192,677 shares to own 40,380,511 shares (≈$2.64 billion), signaling significant institutional reallocation into TTE.
• TotalEnergies reported an earnings beat (EPS $2.45 vs. $2.22 expected; revenue $49.52B vs. $44.58B expected), trades near its 52‑week high with a market cap of about $221.3 billion, and carries an average analyst rating of "Moderate Buy" with an average price target of $80.97.

M&T Bank Corp lifted its stake in shares of TotalEnergies SE Sponsored ADR (NYSE:TTE - Free Report) by 25.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 278,756 shares of the company's stock after buying an additional 56,912 shares during the quarter. M&T Bank Corp's holdings in TotalEnergies were worth $18,221,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TTE. Vanguard Group Inc. acquired a new stake in TotalEnergies in the fourth quarter valued at approximately $5,337,330,000. Massachusetts Financial Services Co. MA lifted its position in shares of TotalEnergies by 21,398.0% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 40,380,511 shares of the company's stock worth $2,641,693,000 after purchasing an additional 40,192,677 shares in the last quarter. Bank of America Corp DE lifted its position in shares of TotalEnergies by 10.0% during the second quarter. Bank of America Corp DE now owns 9,802,968 shares of the company's stock worth $601,804,000 after purchasing an additional 888,574 shares in the last quarter. Bank of Italy purchased a new position in shares of TotalEnergies in the fourth quarter valued at $422,957,000. Finally, Federated Hermes Inc. boosted its stake in shares of TotalEnergies by 7.3% in the third quarter. Federated Hermes Inc. now owns 3,842,244 shares of the company's stock valued at $229,344,000 after purchasing an additional 260,117 shares during the period. 16.53% of the stock is owned by institutional investors and hedge funds.

TotalEnergies Price Performance

TTE opened at $92.29 on Tuesday. The company has a quick ratio of 0.85, a current ratio of 1.08 and a debt-to-equity ratio of 0.41. The company's 50-day moving average price is $86.51 and its 200 day moving average price is $73.57. TotalEnergies SE Sponsored ADR has a fifty-two week low of $57.08 and a fifty-two week high of $93.67. The firm has a market cap of $221.29 billion, a price-to-earnings ratio of 13.67, a price-to-earnings-growth ratio of 3.49 and a beta of 0.14.

TotalEnergies (NYSE:TTE - Get Free Report) last issued its earnings results on Wednesday, April 29th. The company reported $2.45 EPS for the quarter, beating analysts' consensus estimates of $2.22 by $0.23. The company had revenue of $49.52 billion during the quarter, compared to the consensus estimate of $44.58 billion. TotalEnergies had a return on equity of 14.01% and a net margin of 7.43%. As a group, sell-side analysts expect that TotalEnergies SE Sponsored ADR will post 10 earnings per share for the current year.

Analysts Set New Price Targets

TTE has been the topic of several analyst reports. Weiss Ratings raised shares of TotalEnergies from a "hold (c)" rating to a "buy (b-)" rating in a research note on Friday. Zacks Research upgraded TotalEnergies from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 30th. Citigroup reaffirmed a "buy" rating on shares of TotalEnergies in a research report on Thursday, February 12th. JPMorgan Chase & Co. raised shares of TotalEnergies from a "neutral" rating to an "overweight" rating in a research report on Monday, March 2nd. Finally, Kepler Capital Markets upgraded TotalEnergies from a "reduce" rating to a "hold" rating in a research note on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, TotalEnergies has an average rating of "Moderate Buy" and an average price target of $80.97.

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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