TotalEnergies SE Sponsored ADR (NYSE:TTE) Given Consensus Rating of “Hold” by Analysts

TotalEnergies SE Sponsored ADR (NYSE:TTE) has earned a consensus rating of “Hold” from the nineteen brokerages that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and ten have assigned a buy rating to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $88.50.

A number of analysts have recently commented on the company. Weiss Ratings upgraded TotalEnergies from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 24th. Wall Street Zen upgraded TotalEnergies from a “hold” rating to a “buy” rating in a report on Monday, August 31st. Zacks Research lowered TotalEnergies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Piper Sandler boosted their target price on TotalEnergies from $84.00 to $93.00 and gave the company a “neutral” rating in a research note on Thursday. Finally, Morgan Stanley set a $90.00 price target on TotalEnergies and gave the stock an “equal weight” rating in a research report on Thursday.

TotalEnergies Stock Down 0.7%

Shares of TTE stock opened at $88.63 on Friday. TotalEnergies has a 12-month low of $57.39 and a 12-month high of $94.17. The company has a quick ratio of 0.85, a current ratio of 1.06 and a debt-to-equity ratio of 0.38. The firm has a fifty day moving average of $84.63 and a 200-day moving average of $85.91. The company has a market capitalization of $212.51 billion, a price-to-earnings ratio of 11.09, a P/E/G ratio of 3.15 and a beta of 0.13.

TotalEnergies (NYSE:TTE) last posted its quarterly earnings data on Tuesday, June 30th. The company reported $2.68 EPS for the quarter. The business had revenue of $57.10 billion for the quarter. TotalEnergies had a net margin of 8.29% and a return on equity of 15.66%. As a group, equities research analysts predict that TotalEnergies will post 10.65 earnings per share for the current fiscal year.

Institutional Trading of TotalEnergies

A number of institutional investors have recently made changes to their positions in TTE. Robinswood Financial LLC bought a new position in TotalEnergies in the first quarter valued at $27,000. Pin Oak Investment Advisors Inc. acquired a new stake in TotalEnergies in the 2nd quarter valued at $30,000. Maseco LLP lifted its position in TotalEnergies by 119.9% during the 1st quarter. Maseco LLP now owns 420 shares of the company’s stock worth $38,000 after buying an additional 229 shares in the last quarter. Cassaday & Co Wealth Management LLC bought a new stake in TotalEnergies during the 1st quarter worth about $39,000. Finally, Elyxium Wealth LLC acquired a new position in shares of TotalEnergies during the 4th quarter worth about $33,000. Institutional investors own 16.53% of the company’s stock.

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.