Strengthening Families & Communities LLC Sells 6,191 Shares of TotalEnergies SE Sponsored ADR $TTE

Strengthening Families & Communities LLC decreased its holdings in TotalEnergies SE Sponsored ADR (NYSE:TTE) by 30.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,288 shares of the company’s stock after selling 6,191 shares during the quarter. Strengthening Families & Communities LLC’s holdings in TotalEnergies were worth $935,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. MGO One Seven LLC raised its position in TotalEnergies by 1.3% in the 4th quarter. MGO One Seven LLC now owns 10,410 shares of the company’s stock valued at $681,000 after purchasing an additional 137 shares during the last quarter. Clear Creek Financial Management LLC raised its position in shares of TotalEnergies by 2.4% during the fourth quarter. Clear Creek Financial Management LLC now owns 6,334 shares of the company’s stock worth $414,000 after acquiring an additional 150 shares during the last quarter. Bruce G. Allen Investments LLC raised its position in shares of TotalEnergies by 4.5% during the third quarter. Bruce G. Allen Investments LLC now owns 3,919 shares of the company’s stock worth $234,000 after acquiring an additional 167 shares during the last quarter. SkyView Investment Advisors LLC raised its position in shares of TotalEnergies by 2.2% during the second quarter. SkyView Investment Advisors LLC now owns 8,054 shares of the company’s stock worth $495,000 after acquiring an additional 175 shares during the last quarter. Finally, OLD National Bancorp IN raised its position in shares of TotalEnergies by 2.5% during the fourth quarter. OLD National Bancorp IN now owns 7,189 shares of the company’s stock worth $470,000 after acquiring an additional 176 shares during the last quarter. Institutional investors own 16.53% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Jefferies Financial Group upgraded TotalEnergies from a “hold” rating to a “buy” rating in a research report on Thursday, January 8th. Freedom Capital downgraded TotalEnergies from a “strong-buy” rating to a “strong sell” rating in a research report on Friday, February 13th. Kepler Capital Markets upgraded TotalEnergies from a “reduce” rating to a “hold” rating in a research report on Thursday, April 23rd. Wolfe Research restated an “outperform” rating and set a $83.00 target price on shares of TotalEnergies in a research report on Wednesday, January 21st. Finally, Weiss Ratings upgraded TotalEnergies from a “hold (c)” rating to a “buy (b-)” rating in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $80.97.

TotalEnergies Trading Down 1.6%

NYSE TTE opened at $88.54 on Friday. The stock has a 50-day simple moving average of $87.25 and a 200 day simple moving average of $74.20. The company has a market capitalization of $212.29 billion, a PE ratio of 13.12, a P/E/G ratio of 3.26 and a beta of 0.14. The company has a current ratio of 1.08, a quick ratio of 0.85 and a debt-to-equity ratio of 0.41. TotalEnergies SE Sponsored ADR has a 12 month low of $57.19 and a 12 month high of $93.67.

TotalEnergies (NYSE:TTE) last released its quarterly earnings data on Wednesday, April 29th. The company reported $2.45 EPS for the quarter, beating analysts’ consensus estimates of $2.22 by $0.23. The business 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%. Research analysts forecast that TotalEnergies SE Sponsored ADR will post 10.38 EPS for the current year.

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.