TotalEnergies’ (TTE) Neutral Rating Reiterated at Piper Sandler

Piper Sandler reiterated their neutral rating on shares of TotalEnergies (NYSE:TTE) in a research note released on Thursday,Benzinga reports. The brokerage currently has a $85.00 price objective on the stock.

A number of other research analysts have also weighed in on the stock. Mizuho initiated coverage on shares of TotalEnergies in a research report on Monday, July 20th. They set an “outperform” rating and a $103.00 price target on the stock. CICC Research started coverage on shares of TotalEnergies in a research report on Tuesday, June 23rd. They issued an “outperform” rating for the company. BNP Paribas Exane upgraded shares of TotalEnergies from a “neutral” rating to an “outperform” rating in a research note on Friday, April 17th. Wall Street Zen lowered shares of TotalEnergies from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Finally, Scotiabank lifted their target price on shares of TotalEnergies from $73.00 to $97.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 22nd. Eleven analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, TotalEnergies has a consensus rating of “Moderate Buy” and an average price target of $87.14.

TotalEnergies Price Performance

Shares of NYSE:TTE opened at $86.93 on Thursday. The company has a current ratio of 1.08, a quick ratio of 0.85 and a debt-to-equity ratio of 0.41. The stock’s fifty day simple moving average is $84.01 and its two-hundred day simple moving average is $82.14. TotalEnergies has a 1-year low of $57.39 and a 1-year high of $94.17. The stock has a market cap of $208.43 billion, a PE ratio of 10.88, a price-to-earnings-growth ratio of 3.10 and a beta of 0.14.

TotalEnergies (NYSE:TTE) last posted its quarterly earnings data on Tuesday, June 30th. The company reported $2.68 earnings per share (EPS) for the quarter. TotalEnergies had a net margin of 8.29% and a return on equity of 16.01%. The firm had revenue of $57.10 billion for the quarter. As a group, analysts forecast that TotalEnergies will post 10.57 EPS for the current fiscal year.

Institutional Trading of TotalEnergies

A number of large investors have recently bought and sold shares of TTE. Robinswood Financial LLC bought a new stake in shares of TotalEnergies in the first quarter valued at $27,000. YANKCOM Partnership grew its stake in shares of TotalEnergies by 146.8% during the 4th quarter. YANKCOM Partnership now owns 390 shares of the company’s stock worth $25,000 after acquiring an additional 232 shares during the period. Maseco LLP grew its stake in shares of TotalEnergies by 119.9% during the 1st quarter. Maseco LLP now owns 420 shares of the company’s stock worth $38,000 after acquiring an additional 229 shares during the period. Cassaday & Co Wealth Management LLC purchased a new stake in TotalEnergies in the 1st quarter worth about $39,000. Finally, MH & Associates Securities Management Corp ADV purchased a new stake in TotalEnergies in the 4th quarter worth about $29,000. 16.53% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting TotalEnergies

Here are the key news stories impacting TotalEnergies this week:

• Positive Sentiment: TotalEnergies reported second-quarter results that highlighted a 67%-68% jump in profit, driven by higher oil prices and strong refining/trading margins. The company also posted solid cash flow and reduced net debt, reinforcing balance-sheet strength. Reuters: TotalEnergies Q2 profit up 67% on higher oil price, strong refining margins
• Positive Sentiment: The board approved a second interim dividend of €0.90 per share, a 5.9% increase from last year, which should appeal to income-focused investors. Business Wire: Second interim dividend
• Positive Sentiment: Management said the company earned about $400 million annually from Russian LNG cargo sales, adding to near-term cash generation. Reuters: Russian LNG sales
• Positive Sentiment: TD Cowen raised its price target to $105 and kept a Buy rating, signaling further upside potential after the results. The Fly: TD Cowen price target increase
• Neutral Sentiment: One post-earnings note said Q2 earnings and sales missed estimates because lower production offset stronger cash flow and refining gains, so the market is balancing a mixed headline against better underlying profitability. Zacks: Q2 earnings and sales miss estimates
• Neutral Sentiment: Management also said it will exit its stake in the Arctic LNG 2 project in Russia, a strategic move that reduces exposure but may limit some future upside from that asset. Reuters: Exit Arctic LNG 2
• Negative Sentiment: Piper Sandler reiterated a Neutral rating with an $85 target, suggesting limited upside from current levels compared with more bullish analyst views. Benzinga: Piper Sandler rating

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.