TotalEnergies SE Sponsored ADR $TTE Shares Purchased by Aventail Capital Group LP

Aventail Capital Group LP boosted its stake in TotalEnergies SE Sponsored ADR (NYSE:TTE) by 123.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 212,913 shares of the company’s stock after acquiring an additional 117,776 shares during the period. Aventail Capital Group LP’s holdings in TotalEnergies were worth $13,929,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. YANKCOM Partnership increased its position in TotalEnergies by 146.8% in the 4th quarter. YANKCOM Partnership now owns 390 shares of the company’s stock valued at $25,000 after acquiring an additional 232 shares during the period. MH & Associates Securities Management Corp ADV purchased a new stake in TotalEnergies in the 4th quarter valued at approximately $29,000. Lodestone Wealth Management LLC purchased a new stake in TotalEnergies in the 4th quarter valued at approximately $32,000. Elyxium Wealth LLC purchased a new stake in TotalEnergies in the 4th quarter valued at approximately $33,000. Finally, Colonial Trust Advisors boosted its holdings in TotalEnergies by 212.6% in the 3rd quarter. Colonial Trust Advisors now owns 619 shares of the company’s stock valued at $37,000 after purchasing an additional 421 shares in the last quarter. Institutional investors and hedge funds own 16.53% of the company’s stock.

TotalEnergies Price Performance

Shares of NYSE:TTE opened at $82.26 on Thursday. The business’s 50 day simple moving average is $89.73 and its 200-day simple moving average is $79.55. The firm has a market capitalization of $197.23 billion, a price-to-earnings ratio of 12.19, a price-to-earnings-growth ratio of 2.85 and a beta of 0.12. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.08 and a quick ratio of 0.85. TotalEnergies SE Sponsored ADR has a 12 month low of $57.39 and a 12 month high of $94.17.

TotalEnergies (NYSE:TTE) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $2.45 EPS for the quarter, topping the consensus estimate of $2.22 by $0.23. TotalEnergies had a return on equity of 14.01% and a net margin of 7.43%.The business had revenue of $49.52 billion for the quarter, compared to analyst estimates of $44.58 billion. As a group, equities analysts forecast that TotalEnergies SE Sponsored ADR will post 11.09 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Kepler Capital Markets raised TotalEnergies from a “reduce” rating to a “hold” rating in a report on Thursday, April 23rd. Piper Sandler lifted their price objective on TotalEnergies from $74.00 to $92.00 and gave the company a “neutral” rating in a report on Thursday, March 12th. JPMorgan Chase & Co. raised TotalEnergies from a “neutral” rating to an “overweight” rating in a report on Monday, March 2nd. TD Cowen reaffirmed a “buy” rating on shares of TotalEnergies in a report on Monday, April 20th. Finally, Weiss Ratings raised TotalEnergies from a “hold (c)” rating to a “buy (b-)” rating in a report on Friday, May 1st. Nine equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $84.33.

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.