PDS Planning Inc Has $450,000 Position in TotalEnergies SE Sponsored ADR $TTE

PDS Planning Inc cut its holdings in shares of TotalEnergies SE Sponsored ADR (NYSE:TTE) by 4.5% during the second quarter, Holdings Channel reports. The fund owned 7,335 shares of the company’s stock after selling 344 shares during the quarter. PDS Planning Inc’s holdings in TotalEnergies were worth $450,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Clear Creek Financial Management LLC grew its holdings in TotalEnergies by 2.8% in the 2nd quarter. Clear Creek Financial Management LLC now owns 6,184 shares of the company’s stock valued at $380,000 after buying an additional 169 shares in the last quarter. UMB Bank n.a. grew its holdings in TotalEnergies by 4.3% in the 2nd quarter. UMB Bank n.a. now owns 4,107 shares of the company’s stock valued at $252,000 after buying an additional 171 shares in the last quarter. Cyndeo Wealth Partners LLC grew its holdings in TotalEnergies by 0.5% in the 2nd quarter. Cyndeo Wealth Partners LLC now owns 35,125 shares of the company’s stock valued at $2,156,000 after buying an additional 174 shares in the last quarter. Mayflower Financial Advisors LLC grew its holdings in TotalEnergies by 1.2% in the 1st quarter. Mayflower Financial Advisors LLC now owns 14,646 shares of the company’s stock valued at $947,000 after buying an additional 176 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC grew its holdings in TotalEnergies by 1.9% in the 1st quarter. Dorsey & Whitney Trust CO LLC now owns 9,814 shares of the company’s stock valued at $635,000 after buying an additional 185 shares in the last quarter. 16.53% of the stock is owned by institutional investors and hedge funds.

TotalEnergies Stock Performance

NYSE:TTE opened at $57.47 on Friday. The stock has a fifty day moving average price of $61.33 and a 200-day moving average price of $60.48. The company has a market cap of $137.79 billion, a price-to-earnings ratio of 10.43, a PEG ratio of 1.35 and a beta of 0.53. 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 fifty-two week low of $52.78 and a fifty-two week high of $68.58.

TotalEnergies (NYSE:TTE) last announced its quarterly earnings data on Thursday, July 24th. The company reported $1.57 earnings per share 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 the consensus estimate of $42.44 billion. As a group, equities analysts anticipate that TotalEnergies SE Sponsored ADR will post 8.02 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have commented on TTE. Scotiabank upped their price objective on TotalEnergies from $65.00 to $67.00 and gave the company a “sector perform” rating in a report on Thursday. Sanford C. Bernstein raised TotalEnergies from a “market perform” rating to an “outperform” rating in a report on Monday, June 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of TotalEnergies in a research report on Wednesday. BNP Paribas downgraded TotalEnergies from an “outperform” rating to a “hold” rating in a research report on Tuesday, September 23rd. Finally, Berenberg Bank downgraded TotalEnergies from a “buy” rating to a “hold” rating and set a $64.00 target price for the company. in a research report on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $64.95.

TotalEnergies Company 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.