Norges Bank Purchases New Stake in TotalEnergies SE Sponsored ADR $TTE

Norges Bank acquired a new position in shares of TotalEnergies SE Sponsored ADR (NYSE:TTE) during the fourth quarter, Holdings Channel reports. The fund acquired 29,401,947 shares of the company’s stock, valued at approximately $1,917,626,000.

Other hedge funds have also recently bought and sold shares of the company. YANKCOM Partnership boosted its holdings in TotalEnergies by 146.8% during the 4th quarter. YANKCOM Partnership now owns 390 shares of the company’s stock worth $25,000 after acquiring an additional 232 shares during the last quarter. MH & Associates Securities Management Corp ADV purchased a new position in TotalEnergies during the 4th quarter worth $29,000. Lodestone Wealth Management LLC purchased a new position in TotalEnergies during the 4th quarter worth $32,000. Elyxium Wealth LLC purchased a new position in TotalEnergies during the 4th quarter worth $33,000. Finally, Colonial Trust Advisors boosted its holdings in TotalEnergies by 212.6% during the 3rd quarter. Colonial Trust Advisors now owns 619 shares of the company’s stock worth $37,000 after acquiring an additional 421 shares during the last quarter. 16.53% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting TotalEnergies

Here are the key news stories impacting TotalEnergies this week:

• Positive Sentiment: Shareholders approved all board-backed resolutions at the annual meeting, including a €3.40-per-share dividend for 2025, reinforcing TotalEnergies’ shareholder-return story. TotalEnergies SE: Ordinary and Extraordinary Shareholders’ Meeting on May 29, 2026
• Positive Sentiment: The company advanced its 1.5-GW, €4.5 billion offshore wind project in Normandy by filing for authorization, a milestone that supports its long-term transition and growth pipeline. TotalEnergies files for authorisation of €4.5 billion offshore wind project in Normandy
• Positive Sentiment: TotalEnergies said it made large Middle East crude purchases after detecting elevated U.S. Navy activity in the Gulf, a move that may have helped capture trading opportunities during recent supply risk volatility. TotalEnergies made Middle East oil mega-trades after noticing US Navy buildup in Gulf in February, CEO says
• Neutral Sentiment: Analyst commentary compared TotalEnergies with Occidental Petroleum, focusing on valuation, earnings revisions, leverage and dividend profile; this is more of a relative-stock-selection piece than a direct catalyst. OXY or TTE: Which Energy Stock Should Investors Choose for Now?
• Negative Sentiment: Climate activists protested outside the AGM over the French state’s surprise 1.33% stake in TotalEnergies, keeping political and governance scrutiny on the company in the spotlight. Activists protest French state’s surprise major stake in TotalEnergies outside AGM
• Negative Sentiment: One analyst downgrade argued that TotalEnergies’ recent run already reflects a strong oil “war premium,” while conflict-related upside could fade and raise the risk of future windfall taxes. TotalEnergies: Oil’s War Premium Won’t Last Forever (Downgrade)

Analyst Ratings Changes

A number of equities analysts have issued reports on TTE shares. BNP Paribas Exane raised shares of TotalEnergies from a “neutral” rating to an “outperform” rating in a report on Friday, April 17th. Kepler Capital Markets raised shares of TotalEnergies from a “reduce” rating to a “hold” rating in a report on Thursday, April 23rd. Weiss Ratings raised shares of TotalEnergies from a “hold (c)” rating to a “buy (b-)” rating in a report on Friday, May 1st. Piper Sandler lifted their price objective on shares of TotalEnergies from $74.00 to $92.00 and gave the stock a “neutral” rating in a report on Thursday, March 12th. Finally, Freedom Capital downgraded shares of TotalEnergies from a “strong-buy” rating to a “strong sell” rating in a report on Friday, February 13th. Ten analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, TotalEnergies has an average rating of “Moderate Buy” and an average price target of $84.33.

TotalEnergies Trading Up 0.2%

NYSE TTE opened at $87.39 on Friday. The stock has a market capitalization of $209.52 billion, a price-to-earnings ratio of 12.95, a PEG ratio of 3.10 and a beta of 0.14. TotalEnergies SE Sponsored ADR has a one year low of $57.39 and a one year high of $94.17. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.08 and a quick ratio of 0.85. The business’s fifty day moving average is $90.45 and its 200-day moving average is $77.35.

TotalEnergies (NYSE:TTE) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.22 by $0.23. TotalEnergies had a return on equity of 14.01% and a net margin of 7.43%.The business had revenue of $49.52 billion for the quarter, compared to analysts’ expectations of $44.58 billion. Equities research analysts predict that TotalEnergies SE Sponsored ADR will post 10.58 EPS for the current year.

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.