Erste Group Bank Comments on TotalEnergies FY2027 Earnings

TotalEnergies SE Sponsored ADR (NYSE:TTE) – Analysts at Erste Group Bank reduced their FY2027 earnings per share estimates for shares of TotalEnergies in a research report issued to clients and investors on Wednesday, August 5th. Erste Group Bank analyst H. Engel now expects that the company will earn $9.48 per share for the year, down from their prior estimate of $9.59. The consensus estimate for TotalEnergies’ current full-year earnings is $10.65 per share.

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

TTE has been the subject of several other research reports. Weiss Ratings upgraded shares of TotalEnergies from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 24th. Kepler Capital Markets raised shares of TotalEnergies from a “reduce” rating to a “hold” rating in a research report on Thursday, April 23rd. CICC Research started coverage on shares of TotalEnergies in a report on Tuesday, June 23rd. They set an “outperform” rating on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of TotalEnergies in a research report on Tuesday, May 12th. Finally, Zacks Research downgraded shares of TotalEnergies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Eleven equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, TotalEnergies presently has a consensus rating of “Moderate Buy” and a consensus target price of $87.14.

TotalEnergies Trading Up 0.1%

TTE opened at $88.04 on Monday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.06 and a quick ratio of 0.85. TotalEnergies has a fifty-two week low of $57.39 and a fifty-two week high of $94.17. The firm has a market capitalization of $211.10 billion, a PE ratio of 11.02, a P/E/G ratio of 3.10 and a beta of 0.14. The company’s 50-day moving average is $83.03 and its 200 day moving average is $84.02.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in TTE. Amundi bought a new stake in shares of TotalEnergies during the first quarter valued at about $18,868,822,000. Vanguard Group Inc. purchased a new position in TotalEnergies during the fourth quarter valued at approximately $5,337,330,000. Capital International Investors increased its holdings in TotalEnergies by 1,438.5% during the 4th quarter. Capital International Investors now owns 52,668,676 shares of the company’s stock worth $3,435,988,000 after acquiring an additional 49,245,192 shares during the period. Caisse Des Depots ET Consignations purchased a new stake in TotalEnergies in the 4th quarter worth approximately $1,982,676,000. Finally, Norges Bank bought a new position in TotalEnergies in the 4th quarter valued at $1,917,626,000. Institutional investors own 16.53% of the company’s stock.

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.