Cohen Investment Advisors LLC Has $421,000 Stock Holdings in TotalEnergies SE Sponsored ADR $TTE

Cohen Investment Advisors LLC lowered its stake in TotalEnergies SE Sponsored ADR (NYSE:TTE) by 5.2% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 6,850 shares of the company’s stock after selling 376 shares during the period. Cohen Investment Advisors LLC’s holdings in TotalEnergies were worth $421,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of TTE. Clear Creek Financial Management LLC increased its position in TotalEnergies by 2.8% during the second quarter. Clear Creek Financial Management LLC now owns 6,184 shares of the company’s stock worth $380,000 after acquiring an additional 169 shares during the period. Abel Hall LLC increased its position in TotalEnergies by 37.3% during the second quarter. Abel Hall LLC now owns 10,500 shares of the company’s stock worth $645,000 after acquiring an additional 2,851 shares during the period. Valeo Financial Advisors LLC increased its position in TotalEnergies by 3.8% during the second quarter. Valeo Financial Advisors LLC now owns 10,234 shares of the company’s stock worth $628,000 after acquiring an additional 379 shares during the period. Simplicity Wealth LLC increased its position in TotalEnergies by 184.6% during the second quarter. Simplicity Wealth LLC now owns 8,810 shares of the company’s stock worth $541,000 after acquiring an additional 5,714 shares during the period. Finally, Clarius Group LLC increased its position in TotalEnergies by 12.4% during the second quarter. Clarius Group LLC now owns 8,603 shares of the company’s stock worth $528,000 after acquiring an additional 952 shares during the period. Institutional investors and hedge funds own 16.53% of the company’s stock.

TotalEnergies Trading Down 0.4%

TTE opened at $59.13 on Thursday. The company’s 50 day moving average is $61.38 and its 200-day moving average is $60.58. TotalEnergies SE Sponsored ADR has a 1-year low of $52.78 and a 1-year high of $68.58. The company has a current ratio of 1.00, a quick ratio of 0.81 and a debt-to-equity ratio of 0.40. The company has a market cap of $141.77 billion, a P/E ratio of 10.73, a PEG ratio of 1.40 and a beta of 0.53.

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

Analyst Upgrades and Downgrades

A number of research firms recently commented on TTE. BNP Paribas Exane reaffirmed a “neutral” rating on shares of TotalEnergies in a research report on Tuesday, September 23rd. Piper Sandler increased their price objective on shares of TotalEnergies from $66.00 to $68.00 and gave the stock a “neutral” rating in a research note on Monday, August 18th. Weiss Ratings reiterated a “hold (c)” rating on shares of TotalEnergies in a research note on Wednesday. Sanford C. Bernstein upgraded shares of TotalEnergies from a “market perform” rating to an “outperform” rating in a research note on Monday, June 16th. Finally, Berenberg Bank downgraded shares of TotalEnergies from a “buy” rating to a “hold” rating and set a $64.00 price objective on the stock. in a research note on Thursday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, TotalEnergies presently has a consensus rating of “Moderate Buy” and an average price target of $64.45.

TotalEnergies Company 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.