Erste Group Bank Predicts Lower Earnings for TotalEnergies

TotalEnergies SE Sponsored ADR (NYSE:TTE) – Investment analysts at Erste Group Bank dropped their FY2026 EPS estimates for TotalEnergies in a report released on Thursday, August 27th. Erste Group Bank analyst H. Engel now expects that the company will earn $10.85 per share for the year, down from their prior estimate of $10.87. The consensus estimate for TotalEnergies’ current full-year earnings is $10.65 per share.

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

TTE has been the subject of a number of other research reports. Morgan Stanley restated an “overweight” rating on shares of TotalEnergies in a research report on Tuesday, May 12th. Wall Street Zen raised TotalEnergies from a “hold” rating to a “buy” rating in a report on Monday. Piper Sandler reissued a “neutral” rating and issued a $85.00 target price on shares of TotalEnergies in a report on Thursday, July 23rd. Zacks Research cut shares of TotalEnergies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Finally, Mizuho initiated coverage on shares of TotalEnergies in a research note on Monday, July 20th. They issued an “outperform” rating and a $103.00 price objective for the company. Eleven equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $87.14.

TotalEnergies Stock Up 2.4%

Shares of TTE stock opened at $88.42 on Tuesday. The company’s fifty day simple moving average is $83.74 and its two-hundred day simple moving average is $85.61. TotalEnergies has a 52 week low of $57.39 and a 52 week high of $94.17. The stock has a market cap of $212.00 billion, a P/E ratio of 11.07, a PEG ratio of 3.05 and a beta of 0.13. The company has a quick ratio of 0.85, a current ratio of 1.06 and a debt-to-equity ratio of 0.38.

Institutional Trading of TotalEnergies

Several hedge funds and other institutional investors have recently bought and sold shares of TTE. Amundi purchased a new position in TotalEnergies during the first quarter worth $18,868,822,000. Capital International Investors raised its stake in shares of TotalEnergies by 1,438.5% in the fourth quarter. Capital International Investors now owns 52,668,676 shares of the company’s stock valued at $3,435,988,000 after acquiring an additional 49,245,192 shares during the period. Norges Bank bought a new stake in shares of TotalEnergies in the 4th quarter worth about $1,917,626,000. Legal & General Group Plc bought a new stake in shares of TotalEnergies in the 4th quarter worth about $967,692,000. Finally, FIL Ltd purchased a new position in shares of TotalEnergies during the 4th quarter worth about $943,077,000. Hedge funds and other institutional investors own 16.53% of the company’s stock.

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.