Erste Group Bank Raises Earnings Estimates for TotalEnergies

TotalEnergies SE Sponsored ADR (NYSE:TTE) – Equities research analysts at Erste Group Bank increased their FY2026 EPS estimates for TotalEnergies in a report released on Tuesday, September 8th. Erste Group Bank analyst H. Engel now expects that the company will post earnings of $10.99 per share for the year, up from their prior forecast of $10.85. The consensus estimate for TotalEnergies’ current full-year earnings is $11.06 per share. Erste Group Bank also issued estimates for TotalEnergies’ FY2027 earnings at $9.74 EPS.

TotalEnergies (NYSE:TTE) last released its earnings results on Tuesday, June 30th. The company reported $2.68 earnings per share (EPS) for the quarter. TotalEnergies had a net margin of 8.29% and a return on equity of 15.66%. The firm had revenue of $57.10 billion during the quarter.

Several other analysts also recently issued reports on TTE. CICC Research assumed coverage on shares of TotalEnergies in a research note on Tuesday, June 23rd. They issued an “outperform” rating for the company. Zacks Research cut TotalEnergies from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. Mizuho assumed coverage on TotalEnergies in a report on Monday, July 20th. They issued an “outperform” rating and a $103.00 price target on the stock. Morgan Stanley set a $90.00 price target on TotalEnergies and gave the stock an “equal weight” rating in a research note on Thursday, September 3rd. Finally, TD Cowen boosted their price objective on TotalEnergies from $102.00 to $105.00 and gave the company a “buy” rating in a report on Friday, July 24th. Ten analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $88.50.

TotalEnergies Stock Performance

Shares of NYSE:TTE opened at $93.17 on Monday. The company has a market capitalization of $223.38 billion, a price-to-earnings ratio of 11.66, a PEG ratio of 3.10 and a beta of 0.13. TotalEnergies has a 12 month low of $57.39 and a 12 month high of $94.17. The firm’s 50-day moving average is $86.62 and its 200 day moving average is $86.62. The company has a current ratio of 1.06, a quick ratio of 0.85 and a debt-to-equity ratio of 0.38.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of TTE. Robinswood Financial LLC bought a new position in shares of TotalEnergies during the 1st quarter worth $27,000. Pin Oak Investment Advisors Inc. bought a new stake in shares of TotalEnergies in the second quarter valued at about $30,000. Elyxium Wealth LLC bought a new stake in shares of TotalEnergies in the fourth quarter valued at about $33,000. SHP Wealth Management purchased a new stake in TotalEnergies in the fourth quarter worth about $37,000. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new stake in TotalEnergies in the fourth quarter worth about $38,000. 16.53% of the stock is currently owned by hedge funds and other institutional investors.

TotalEnergies Company Profile

TotalEnergies SE (NYSE:TTE) is a French multinational energy company engaged in the production, processing and distribution of energy. Its operations span oil and natural gas exploration and production, liquefied natural gas, refining, petrochemicals, fuels, lubricants and other petroleum products.

The company is also expanding its electricity and renewable energy businesses, including solar and wind power, battery storage and electric-vehicle charging services. TotalEnergies serves customers across international markets through activities covering the energy supply chain, from upstream production to transportation, refining, marketing and power generation.

Founded in 1924 as Compagnie française des pétroles, the company operated under the Total name for many years before adopting the TotalEnergies name in 2021 to reflect its broader focus on multiple forms of energy.