DMKC Advisory Services LLC Grows Stock Holdings in TotalEnergies SE Sponsored ADR $TTE

DMKC Advisory Services LLC raised its holdings in shares of TotalEnergies SE Sponsored ADR (NYSE:TTE) by 15.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,092 shares of the company’s stock after acquiring an additional 5,627 shares during the quarter. DMKC Advisory Services LLC’s holdings in TotalEnergies were worth $2,688,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. First Horizon Corp purchased a new position in shares of TotalEnergies in the third quarter valued at $25,000. YANKCOM Partnership lifted 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 purchasing an additional 232 shares in the last quarter. Grey Fox Wealth Advisors LLC bought a new position in TotalEnergies in the 3rd quarter worth about $29,000. MH & Associates Securities Management Corp ADV bought a new position in TotalEnergies in the 4th quarter worth about $29,000. Finally, Lodestone Wealth Management LLC purchased a new position in TotalEnergies during the 4th quarter valued at about $32,000. Hedge funds and other institutional investors own 16.53% of the company’s stock.

TotalEnergies Stock Performance

Shares of TTE opened at $91.05 on Wednesday. TotalEnergies SE Sponsored ADR has a 12-month low of $56.31 and a 12-month high of $93.49. The company has a current ratio of 0.97, a quick ratio of 0.79 and a debt-to-equity ratio of 0.42. The company has a market cap of $218.31 billion, a PE ratio of 15.73, a price-to-earnings-growth ratio of 3.48 and a beta of 0.13. The stock has a 50-day moving average price of $85.91 and a 200-day moving average price of $73.08.

TotalEnergies (NYSE:TTE) last posted its quarterly earnings data on Wednesday, February 11th. The company reported $1.73 earnings per share for the quarter, topping the consensus estimate of $1.72 by $0.01. TotalEnergies had a net margin of 6.52% and a return on equity of 13.14%. The company had revenue of $45.93 billion for the quarter, compared to analysts’ expectations of $36.69 billion. As a group, equities analysts forecast that TotalEnergies SE Sponsored ADR will post 9.59 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on TTE shares. Kepler Capital Markets raised shares of TotalEnergies from a “reduce” rating to a “hold” rating in a report on Thursday, April 23rd. Citigroup reaffirmed a “buy” rating on shares of TotalEnergies in a research note on Thursday, February 12th. TD Cowen reaffirmed a “buy” rating on shares of TotalEnergies in a report on Monday, April 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of TotalEnergies in a research note on Wednesday, January 21st. Finally, Morgan Stanley reissued an “overweight” rating on shares of TotalEnergies in a report on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $80.97.

TotalEnergies Company Profile

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.