Yousif Capital Management LLC Lowers Holdings in TotalEnergies SE Sponsored ADR $TTE

Key Points

• Yousif Capital Management LLC reduced its stake by 43.2% in TotalEnergies in Q4, selling 23,091 shares and ending the period with 30,411 shares worth about $2.04 million.
• Several large institutions increased positions—Bank of America lifted its stake to 9.80 million shares (+10%) and JPMorgan added 24.5% to 2.80 million shares—while hedge funds and other institutional investors now own about 16.53% of the company.
• Analyst sentiment is mixed with a consensus rating of "Hold" and a $77.54 target; the stock trades near its 52‑week high (~$93), has a P/E of 16.13, and TotalEnergies recently beat EPS and revenue estimates for the quarter.

Yousif Capital Management LLC decreased its holdings in TotalEnergies SE Sponsored ADR (NYSE:TTE - Free Report) by 43.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 30,411 shares of the company's stock after selling 23,091 shares during the quarter. Yousif Capital Management LLC's holdings in TotalEnergies were worth $2,044,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Bank of America Corp DE lifted its stake in TotalEnergies by 10.0% in the second quarter. Bank of America Corp DE now owns 9,802,968 shares of the company's stock worth $601,804,000 after acquiring an additional 888,574 shares during the last quarter. Federated Hermes Inc. lifted its stake in TotalEnergies by 7.3% in the third quarter. Federated Hermes Inc. now owns 3,842,244 shares of the company's stock worth $229,344,000 after acquiring an additional 260,117 shares during the last quarter. Capital International Investors lifted its stake in TotalEnergies by 0.8% in the third quarter. Capital International Investors now owns 3,423,484 shares of the company's stock worth $211,297,000 after acquiring an additional 27,614 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in TotalEnergies by 4.8% in the third quarter. Envestnet Asset Management Inc. now owns 2,903,334 shares of the company's stock worth $173,300,000 after acquiring an additional 133,659 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in TotalEnergies by 24.5% in the third quarter. JPMorgan Chase & Co. now owns 2,803,259 shares of the company's stock worth $167,327,000 after acquiring an additional 552,414 shares during the last quarter. Hedge funds and other institutional investors own 16.53% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Jefferies Financial Group upgraded shares of TotalEnergies from a "hold" rating to a "buy" rating in a research note on Thursday, January 8th. Kepler Capital Markets downgraded shares of TotalEnergies from a "hold" rating to a "reduce" rating in a research note on Tuesday, January 27th. Wall Street Zen upgraded shares of TotalEnergies to a "hold" rating in a research note on Saturday, January 17th. Piper Sandler lifted their price target on shares of TotalEnergies from $74.00 to $92.00 and gave the stock a "neutral" rating in a research note on Thursday, March 12th. Finally, Citigroup reiterated a "buy" rating on shares of TotalEnergies in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $77.54.

TotalEnergies Stock Up 0.8%

TTE stock opened at $93.39 on Tuesday. 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 SE Sponsored ADR has a twelve month low of $56.31 and a twelve month high of $93.49. The company's 50 day moving average is $82.87 and its two-hundred day moving average is $70.81. The stock has a market cap of $223.92 billion, a P/E ratio of 16.13, a PEG ratio of 3.95 and a beta of 0.13.

TotalEnergies (NYSE:TTE - Get Free Report) last released its quarterly earnings data on Wednesday, February 11th. The company reported $1.73 earnings per share for the quarter, topping analysts' consensus estimates of $1.72 by $0.01. The company had revenue of $45.93 billion for the quarter, compared to analysts' expectations of $36.69 billion. TotalEnergies had a net margin of 6.52% and a return on equity of 13.14%. Research analysts expect that TotalEnergies SE Sponsored ADR will post 8.02 earnings per share for the current fiscal year.

About TotalEnergies

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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