PBU The Pension Fund of Early Childhood & Youth Educators Makes New Investment in TotalEnergies SE Sponsored ADR $TTE

PBU The Pension Fund of Early Childhood & Youth Educators acquired a new position in shares of TotalEnergies SE Sponsored ADR (NYSE:TTE) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 168,548 shares of the company’s stock, valued at approximately $11,026,000.

Several other large investors have also recently added to or reduced their stakes in the company. YANKCOM Partnership lifted its holdings in TotalEnergies by 146.8% in the fourth quarter. YANKCOM Partnership now owns 390 shares of the company’s stock valued at $25,000 after buying an additional 232 shares during the period. MH & Associates Securities Management Corp ADV bought a new stake in TotalEnergies in the fourth quarter valued at approximately $29,000. Lodestone Wealth Management LLC bought a new stake in TotalEnergies in the fourth quarter valued at approximately $32,000. Elyxium Wealth LLC bought a new stake in TotalEnergies in the fourth quarter valued at approximately $33,000. Finally, Colonial Trust Advisors increased its stake in TotalEnergies by 212.6% in the third 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. 16.53% of the stock is owned by institutional investors.

TotalEnergies Stock Performance

NYSE TTE opened at $88.53 on Friday. The firm has a 50-day moving average of $90.47 and a 200-day moving average of $78.23. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.85 and a current ratio of 1.08. The stock has a market cap of $212.27 billion, a PE ratio of 13.12, a P/E/G ratio of 3.20 and a beta of 0.12. TotalEnergies SE Sponsored ADR has a 52-week low of $57.39 and a 52-week high of $94.17.

TotalEnergies (NYSE:TTE) last posted its earnings results on Wednesday, April 29th. The company reported $2.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.22 by $0.23. TotalEnergies had a net margin of 7.43% and a return on equity of 14.01%. The company had revenue of $49.52 billion during the quarter, compared to analysts’ expectations of $44.58 billion. On average, sell-side analysts anticipate that TotalEnergies SE Sponsored ADR will post 10.58 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Scotiabank upped their target price on shares of TotalEnergies from $73.00 to $97.00 and gave the company a “sector perform” rating in a research note on Wednesday, April 22nd. Wall Street Zen downgraded shares of TotalEnergies from a “buy” rating to a “hold” rating in a research report on Saturday, May 30th. Kepler Capital Markets raised shares of TotalEnergies from a “reduce” rating to a “hold” rating in a research report on Thursday, April 23rd. Weiss Ratings raised shares of TotalEnergies from a “hold (c)” rating to a “buy (b-)” rating in a research report on Friday, May 1st. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of TotalEnergies in a research report on Tuesday, May 12th. Ten analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $84.33.

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.