Campbell & CO Investment Adviser LLC Buys 3,677 Shares of TotalEnergies SE Sponsored ADR $TTE

Campbell & CO Investment Adviser LLC boosted its stake in shares of TotalEnergies SE Sponsored ADR (NYSE:TTE) by 84.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,054 shares of the company’s stock after buying an additional 3,677 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in TotalEnergies were worth $494,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. NewSquare Capital LLC increased its position in shares of TotalEnergies by 141.5% during the second quarter. NewSquare Capital LLC now owns 495 shares of the company’s stock worth $30,000 after acquiring an additional 290 shares during the period. Costello Asset Management INC bought a new position in TotalEnergies in the first quarter worth approximately $32,000. Trust Co. of Toledo NA OH purchased a new position in TotalEnergies during the 2nd quarter worth $34,000. SouthState Corp increased its holdings in TotalEnergies by 126.1% during the 1st quarter. SouthState Corp now owns 572 shares of the company’s stock worth $37,000 after purchasing an additional 319 shares during the period. Finally, Brentview Investment Management LLC purchased a new stake in shares of TotalEnergies in the 1st quarter worth $45,000. 16.53% of the stock is owned by hedge funds and other institutional investors.

TotalEnergies Stock Performance

TTE stock opened at $65.34 on Friday. TotalEnergies SE Sponsored ADR has a one year low of $52.78 and a one year high of $65.76. The firm has a market cap of $156.65 billion, a price-to-earnings ratio of 11.86, a PEG ratio of 1.50 and a beta of 0.50. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 1.00. The firm has a 50-day simple moving average of $61.34 and a two-hundred day simple moving average of $61.00.

TotalEnergies (NYSE:TTE) last posted its quarterly earnings data on Thursday, October 30th. The company reported $1.77 EPS for the quarter, missing the consensus estimate of $1.81 by ($0.04). TotalEnergies had a return on equity of 13.59% and a net margin of 6.20%.The firm had revenue of $43.84 billion for the quarter, compared to the consensus estimate of $43.66 billion. On average, equities analysts forecast that TotalEnergies SE Sponsored ADR will post 8.02 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently commented on TTE. Piper Sandler raised their price target on TotalEnergies from $69.00 to $70.00 and gave the company a “neutral” rating in a research note on Monday, November 10th. BNP Paribas Exane reissued a “neutral” rating on shares of TotalEnergies in a research report on Tuesday, September 23rd. Weiss Ratings restated a “hold (c)” rating on shares of TotalEnergies in a report on Wednesday, October 8th. Scotiabank increased their price objective on shares of TotalEnergies from $65.00 to $67.00 and gave the company a “sector perform” rating in a research note on Thursday, October 9th. Finally, BNP Paribas lowered shares of TotalEnergies from an “outperform” rating to a “hold” rating in a report on Tuesday, September 23rd. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $66.96.

TotalEnergies 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.