Erste Group Bank Forecasts TotalEnergies FY2027 Earnings

TotalEnergies SE Sponsored ADR (NYSE:TTE) – Investment analysts at Erste Group Bank dropped their FY2027 EPS estimates for TotalEnergies in a research note issued to investors on Monday, July 27th. Erste Group Bank analyst H. Engel now expects that the company will post earnings of $9.59 per share for the year, down from their previous estimate of $9.63. The consensus estimate for TotalEnergies’ current full-year earnings is $10.61 per share.

TTE has been the subject of several other reports. Scotiabank boosted their price objective on TotalEnergies from $73.00 to $97.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 22nd. Wall Street Zen lowered TotalEnergies from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Kepler Capital Markets raised TotalEnergies from a “reduce” rating to a “hold” rating in a report on Thursday, April 23rd. CICC Research initiated coverage on shares of TotalEnergies in a research note on Tuesday, June 23rd. They set an “outperform” rating on the stock. Finally, TD Cowen increased their target price on shares of TotalEnergies from $102.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Eleven research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $87.14.

TotalEnergies Price Performance

NYSE TTE opened at $84.25 on Wednesday. The company has a 50-day moving average price of $83.65 and a two-hundred day moving average price of $82.55. TotalEnergies has a 52 week low of $57.39 and a 52 week high of $94.17. The stock has a market cap of $202.00 billion, a price-to-earnings ratio of 10.54, a price-to-earnings-growth ratio of 2.98 and a beta of 0.14. The company has a current ratio of 1.06, a quick ratio of 0.85 and a debt-to-equity ratio of 0.38.

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

Institutional Trading of TotalEnergies

Hedge funds and other institutional investors have recently modified their holdings of the company. AQR Capital Management LLC lifted its holdings in shares of TotalEnergies by 151.0% in the first quarter. AQR Capital Management LLC now owns 67,461 shares of the company’s stock valued at $4,364,000 after buying an additional 40,586 shares during the period. Empowered Funds LLC raised its position in TotalEnergies by 2.1% in the first quarter. Empowered Funds LLC now owns 40,988 shares of the company’s stock worth $2,652,000 after acquiring an additional 835 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in TotalEnergies by 17.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,136 shares of the company’s stock valued at $315,000 after acquiring an additional 774 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in TotalEnergies by 14.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 24,274 shares of the company’s stock valued at $1,490,000 after acquiring an additional 3,151 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in TotalEnergies by 7.3% in the 2nd quarter. Invesco Ltd. now owns 198,215 shares of the company’s stock valued at $12,168,000 after acquiring an additional 13,536 shares during the last quarter. 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.