Persium Advisors LLC Makes New $1.15 Million Investment in TotalEnergies SE Sponsored ADR $TTE

Persium Advisors LLC purchased a new stake in shares of TotalEnergies SE Sponsored ADR (NYSE:TTE) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 12,673 shares of the company’s stock, valued at approximately $1,153,000. TotalEnergies comprises about 0.9% of Persium Advisors LLC’s portfolio, making the stock its 10th largest position.

Several other institutional investors also recently modified their holdings of the business. YANKCOM Partnership lifted its holdings in TotalEnergies by 146.8% during the 4th quarter. YANKCOM Partnership now owns 390 shares of the company’s stock worth $25,000 after buying an additional 232 shares during the period. MH & Associates Securities Management Corp ADV bought a new position in shares of TotalEnergies during the fourth quarter worth about $29,000. Lodestone Wealth Management LLC acquired a new position in shares of TotalEnergies in the fourth quarter worth approximately $32,000. Elyxium Wealth LLC bought a new stake in TotalEnergies in the fourth quarter valued at approximately $33,000. Finally, SHP Wealth Management acquired a new stake in TotalEnergies during the 4th quarter valued at approximately $37,000. Institutional investors own 16.53% of the company’s stock.

TotalEnergies Price Performance

Shares of NYSE TTE opened at $78.45 on Monday. The firm has a market capitalization of $188.09 billion, a P/E ratio of 11.62, a P/E/G ratio of 2.79 and a beta of 0.14. The firm’s 50-day moving average price is $85.72 and its 200-day moving average price is $81.07. 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 1-year low of $57.39 and a 1-year high of $94.17.

TotalEnergies (NYSE:TTE) last issued its earnings results on Wednesday, April 29th. The company reported $2.45 EPS for the quarter, beating 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 company had revenue of $49.52 billion during the quarter, compared to the consensus estimate of $44.58 billion. Equities research analysts anticipate that TotalEnergies SE Sponsored ADR will post 10.58 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TTE. CICC Research assumed coverage on shares of TotalEnergies in a research report on Tuesday, June 23rd. They issued an “outperform” rating on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of TotalEnergies in a research report on Tuesday, May 12th. BNP Paribas Exane raised TotalEnergies from a “neutral” rating to an “outperform” rating in a research report on Friday, April 17th. Zacks Research lowered TotalEnergies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Finally, Weiss Ratings raised TotalEnergies from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday, May 1st. Ten analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus 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.