Erste Group Bank Estimates TotalEnergies FY2026 Earnings

TotalEnergies SE Sponsored ADR (NYSE:TTE – Free Report) – Equities researchers at Erste Group Bank increased their FY2026 earnings per share estimates for shares of TotalEnergies in a note issued to investors on Wednesday, October 21st. Erste Group Bank analyst H. Engel now expects that the company will post earnings of $12.58 per share for the year, up from their previous forecast of $11.96. The consensus estimate for TotalEnergies’ current full-year earnings is $12.60 per share. Erste Group Bank also issued estimates for TotalEnergies’ FY2027 earnings at $11.01 EPS.

TTE has been the subject of several other research reports. Piper Sandler raised their price target on TotalEnergies from $84.00 to $93.00 and gave the stock a “neutral” rating in a report on Thursday, September 3rd. Mizuho set a $108.00 price objective on shares of TotalEnergies in a report on Friday, October 16th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of TotalEnergies in a research report on Thursday. Morgan Stanley set a $90.00 target price on shares of TotalEnergies and gave the stock an “equal weight” rating in a research note on Thursday, September 3rd. Finally, Zacks Research upgraded shares of TotalEnergies from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 19th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, TotalEnergies presently has an average rating of “Moderate Buy” and a consensus target price of $92.71.

Check Out Our Latest Stock Analysis on TTE

TotalEnergies Trading Up 1.0%

Shares of NYSE:TTE opened at $93.67 on Tuesday. The business’s 50-day moving average is $89.14 and its 200 day moving average is $84.31. 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 1 year low of $60.58 and a 1 year high of $94.17. The firm has a market capitalization of $224.60 billion, a P/E ratio of 11.72 and a beta of 0.18.

Institutional Trading of TotalEnergies

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Amundi purchased a new stake in TotalEnergies during the 1st quarter valued at about $18,868,822,000. DekaBank Deutsche Girozentrale acquired a new position in shares of TotalEnergies in the first quarter valued at about $1,103,799,000. Janus Henderson Group PLC raised its stake in shares of TotalEnergies by 25.2% in the first quarter. Janus Henderson Group PLC now owns 11,349,122 shares of the company’s stock worth $1,055,775,000 after purchasing an additional 2,287,500 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of TotalEnergies by 8.3% in the first quarter. Bank of New York Mellon Corp now owns 11,514,654 shares of the company’s stock worth $1,047,603,000 after purchasing an additional 881,889 shares during the last quarter. Finally, Groupe la Francaise lifted its holdings in shares of TotalEnergies by 8.9% during the first quarter. Groupe la Francaise now owns 7,617,900 shares of the company’s stock worth $683,234,000 after purchasing an additional 624,764 shares during the period. Institutional investors and hedge funds own 16.53% of the company’s stock.

TotalEnergies Company Profile

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TotalEnergies SE is a French multinational energy company that explores for, produces, processes and markets oil and natural gas. Established in 1924 as the Compagnie française des pétroles, the company adopted the TotalEnergies name in 2021 to reflect its broader focus on multiple forms of energy.

The company’s activities include liquefied natural gas, refining and petrochemicals, fuels, lubricants, and the operation of service stations. TotalEnergies also develops and sells electricity from renewable and other power-generation sources, including solar and wind projects, as well as energy-storage and electric-vehicle charging solutions.

TotalEnergies serves customers and operates projects across numerous regions, including Europe, Africa, the Middle East, the Americas and the Asia-Pacific region.

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Earnings History and Estimates for TotalEnergies (NYSE:TTE)

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