Saudi Central Bank Acquires New Shares in TotalEnergies SE Sponsored ADR $TTE
MarketBeat
The Saudi Central Bank recently acquired 490,410 shares of TotalEnergies SE Sponsored ADR (NYSE:TTE), valued at approximately $42.2 million, during the second quarter. This new position contributes to institutional investors owning 16.53% of the company's stock. Analyst sentiment for TotalEnergies is mixed, with a consensus "Hold" rating and an average price target of $88.50, following recent earnings of $2.68 per share on $57.1 billion in revenue.
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