TotalEnergies SE Sponsored ADR (NYSE:TTE) Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC lifted its holdings in shares of TotalEnergies SE Sponsored ADR (NYSE:TTE) by 17.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,160,096 shares of the company’s stock after buying an additional 318,225 shares during the period. Natixis Advisors LLC owned approximately 0.09% of TotalEnergies worth $139,737,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in TTE. Thrivent Financial for Lutherans raised its holdings in TotalEnergies by 139.5% during the fourth quarter. Thrivent Financial for Lutherans now owns 7,862 shares of the company’s stock worth $452,000 after purchasing an additional 4,579 shares in the last quarter. Blair William & Co. IL raised its holdings in TotalEnergies by 5.4% during the fourth quarter. Blair William & Co. IL now owns 70,456 shares of the company’s stock worth $3,840,000 after purchasing an additional 3,592 shares in the last quarter. Orion Portfolio Solutions LLC raised its holdings in TotalEnergies by 4.0% during the fourth quarter. Orion Portfolio Solutions LLC now owns 55,940 shares of the company’s stock worth $3,049,000 after purchasing an additional 2,166 shares in the last quarter. Summit Financial LLC bought a new stake in TotalEnergies during the fourth quarter worth approximately $307,000. Finally, Franklin Resources Inc. raised its holdings in TotalEnergies by 41.7% during the fourth quarter. Franklin Resources Inc. now owns 5,685,348 shares of the company’s stock worth $309,851,000 after purchasing an additional 1,672,387 shares in the last quarter. 16.53% of the stock is currently owned by institutional investors and hedge funds.

TotalEnergies Price Performance

Shares of NYSE:TTE opened at $61.48 on Wednesday. The company’s fifty day moving average is $61.11 and its two-hundred day moving average is $60.23. The company has a quick ratio of 0.81, a current ratio of 1.00 and a debt-to-equity ratio of 0.40. TotalEnergies SE Sponsored ADR has a 12-month low of $52.78 and a 12-month high of $70.50. The company has a market cap of $147.40 billion, a P/E ratio of 11.16, a price-to-earnings-growth ratio of 1.06 and a beta of 0.57.

TotalEnergies (NYSE:TTE) last announced its earnings results on Thursday, July 24th. The company reported $1.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.62 by ($0.05). TotalEnergies had a net margin of 6.20% and a return on equity of 13.59%. The firm had revenue of $44.68 billion for the quarter, compared to analyst estimates of $42.44 billion. Equities analysts expect that TotalEnergies SE Sponsored ADR will post 8.02 earnings per share for the current fiscal year.

TotalEnergies Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, July 11th. Shareholders of record on Thursday, June 19th were paid a dividend of $0.7108 per share. This represents a yield of 4.54%. The ex-dividend date of this dividend was Wednesday, June 18th. TotalEnergies’s dividend payout ratio (DPR) is currently 53.72%.

Analyst Ratings Changes

Several equities research analysts recently commented on TTE shares. Scotiabank set a $65.00 target price on TotalEnergies and gave the stock a “sector perform” rating in a report on Friday, July 11th. Dbs Bank raised TotalEnergies from a “hold” rating to a “buy” rating in a report on Wednesday, May 7th. HSBC reaffirmed a “buy” rating on shares of TotalEnergies in a report on Tuesday, May 13th. Sanford C. Bernstein raised TotalEnergies from a “market perform” rating to an “outperform” rating in a report on Monday, June 16th. Finally, BNP Paribas raised TotalEnergies from a “neutral” rating to an “outperform” rating in a report on Tuesday, April 15th. Four analysts have rated the stock with a hold rating, seven have assigned a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, TotalEnergies presently has an average rating of “Moderate Buy” and an average price target of $66.45.

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.