Erste Group Bank Cuts Earnings Estimates for TotalEnergies

TotalEnergies SE Sponsored ADR (NYSE:TTE) – Stock analysts at Erste Group Bank decreased their FY2026 EPS estimates for TotalEnergies in a report released on Tuesday, May 12th. Erste Group Bank analyst H. Engel now expects that the company will post earnings per share of $10.88 for the year, down from their previous forecast of $10.93. The consensus estimate for TotalEnergies’ current full-year earnings is $10.59 per share.

TotalEnergies (NYSE:TTE) last posted its earnings results on Wednesday, April 29th. The company reported $2.45 earnings per share for the quarter, topping the consensus estimate of $2.22 by $0.23. The firm had revenue of $49.52 billion during the quarter, compared to the consensus estimate of $44.58 billion. TotalEnergies had a net margin of 7.43% and a return on equity of 14.01%.

A number of other equities analysts have also commented on the stock. Citigroup restated a “buy” rating on shares of TotalEnergies in a research report on Thursday, February 12th. Zacks Research upgraded shares of TotalEnergies from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 30th. Weiss Ratings upgraded shares of TotalEnergies from a “hold (c)” rating to a “buy (b-)” rating in a research report on Friday, May 1st. Morgan Stanley restated an “overweight” rating on shares of TotalEnergies in a research report on Tuesday, May 12th. Finally, Scotiabank raised their price objective on shares of TotalEnergies from $73.00 to $97.00 and gave the company a “sector perform” rating in a research report on Wednesday, April 22nd. 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. Based on data from MarketBeat.com, TotalEnergies has an average rating of “Moderate Buy” and a consensus price target of $84.33.

TotalEnergies Price Performance

TTE opened at $92.97 on Wednesday. The firm has a 50-day moving average price of $89.27 and a 200-day moving average price of $75.86. The company has a quick ratio of 0.85, a current ratio of 1.08 and a debt-to-equity ratio of 0.41. TotalEnergies has a twelve month low of $57.26 and a twelve month high of $94.17. The company has a market capitalization of $222.92 billion, a price-to-earnings ratio of 13.77, a PEG ratio of 3.32 and a beta of 0.14.

Institutional Trading of TotalEnergies

Institutional investors and hedge funds have recently modified their holdings of the business. Aberdeen Group plc grew its position in TotalEnergies by 14.5% in the fourth quarter. Aberdeen Group plc now owns 384,040 shares of the company’s stock worth $25,124,000 after acquiring an additional 48,640 shares in the last quarter. Assetmark Inc. grew its position in TotalEnergies by 8.1% in the fourth quarter. Assetmark Inc. now owns 246,475 shares of the company’s stock worth $16,124,000 after acquiring an additional 18,480 shares in the last quarter. Vanguard Group Inc. purchased a new position in TotalEnergies in the fourth quarter worth $5,337,330,000. ABN AMRO Bank N.V. purchased a new position in TotalEnergies in the fourth quarter worth $122,831,000. Finally, Bank of Italy purchased a new position in TotalEnergies in the fourth quarter worth $422,957,000. 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.