Lido Advisors LLC Invests $902,000 in TotalEnergies SE Sponsored ADR $TTE

Lido Advisors LLC bought a new position in TotalEnergies SE Sponsored ADR (NYSE:TTE) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 9,914 shares of the company’s stock, valued at approximately $902,000.

A number of other large investors have also recently added to or reduced their stakes in TTE. YANKCOM Partnership grew its position in TotalEnergies by 146.8% in the fourth quarter. YANKCOM Partnership now owns 390 shares of the company’s stock worth $25,000 after buying an additional 232 shares during the last quarter. Maseco LLP boosted its stake in shares of TotalEnergies by 119.9% during the 1st quarter. Maseco LLP now owns 420 shares of the company’s stock worth $38,000 after acquiring an additional 229 shares in the last quarter. Cassaday & Co Wealth Management LLC bought a new stake in shares of TotalEnergies during the 1st quarter worth $39,000. MH & Associates Securities Management Corp ADV acquired a new position in shares of TotalEnergies in the 4th quarter worth $29,000. Finally, Lodestone Wealth Management LLC acquired a new position in shares of TotalEnergies in the 4th quarter worth $32,000. 16.53% of the stock is currently owned by institutional investors.

TotalEnergies Stock Performance

Shares of TTE stock opened at $84.25 on Wednesday. TotalEnergies SE Sponsored ADR has a 1-year low of $57.39 and a 1-year high of $94.17. The company has a current ratio of 1.06, a quick ratio of 0.85 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $202.00 billion, a price-to-earnings ratio of 10.54, a P/E/G ratio of 2.98 and a beta of 0.14. The stock’s fifty day simple moving average is $83.65 and its 200-day simple moving average is $82.55.

TotalEnergies (NYSE:TTE) last announced its quarterly earnings data on Tuesday, June 30th. The company reported $2.68 earnings per share (EPS) for the quarter. TotalEnergies had a return on equity of 15.66% and a net margin of 8.29%.The firm had revenue of $57.10 billion during the quarter. On average, sell-side analysts predict that TotalEnergies SE Sponsored ADR will post 10.61 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TTE. Weiss Ratings upgraded TotalEnergies from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday. Wall Street Zen downgraded TotalEnergies from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. TD Cowen upped their price objective on shares of TotalEnergies from $102.00 to $105.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Mizuho started coverage on shares of TotalEnergies in a report on Monday, July 20th. They issued an “outperform” rating and a $103.00 target price for the company. Finally, Morgan Stanley reissued an “overweight” rating on shares of TotalEnergies in a research report on Tuesday, May 12th. Eleven investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, TotalEnergies has a consensus rating of “Moderate Buy” and an average target price of $87.14.

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.