Erste Group Bank Weighs in on TotalEnergies FY2027 Earnings

TotalEnergies SE Sponsored ADR (NYSE:TTEFree Report) – Equities researchers at Erste Group Bank decreased their FY2027 earnings estimates for TotalEnergies in a report released on Wednesday, August 5th. Erste Group Bank analyst H. Engel now expects that the company will post earnings per share of $9.48 for the year, down from their previous forecast of $9.59. The consensus estimate for TotalEnergies’ current full-year earnings is $10.62 per share.

TotalEnergies (NYSE:TTEGet Free Report) 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 15.66%. The company had revenue of $57.10 billion for the quarter.

Other equities analysts have also issued research reports about the stock. Mizuho began coverage on shares of TotalEnergies in a report on Monday, July 20th. They issued an “outperform” rating and a $103.00 price objective on the stock. Kepler Capital Markets raised TotalEnergies from a “reduce” rating to a “hold” rating in a research report on Thursday, April 23rd. Morgan Stanley reaffirmed an “overweight” rating on shares of TotalEnergies in a research report on Tuesday, May 12th. BNP Paribas Exane upgraded TotalEnergies from a “neutral” rating to an “outperform” rating in a research note on Friday, April 17th. Finally, CICC Research initiated coverage on TotalEnergies in a report on Tuesday, June 23rd. They issued an “outperform” rating for the company. Eleven investment 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. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $87.14.

Read Our Latest Stock Report on TotalEnergies

TotalEnergies Price Performance

TTE opened at $87.84 on Monday. TotalEnergies has a twelve month low of $57.39 and a twelve month high of $94.17. The firm has a market cap of $210.61 billion, a price-to-earnings ratio of 10.99, a PEG ratio of 3.04 and a beta of 0.13. The company has a current ratio of 1.06, a quick ratio of 0.85 and a debt-to-equity ratio of 0.38. The company has a fifty day simple moving average of $83.06 and a 200 day simple moving average of $83.88.

Institutional Investors Weigh In On TotalEnergies

Several hedge funds and other institutional investors have recently modified their holdings of the stock. MGO One Seven LLC boosted its position in shares of TotalEnergies by 1.3% in the fourth quarter. MGO One Seven LLC now owns 10,410 shares of the company’s stock worth $681,000 after buying an additional 137 shares during the period. Clear Creek Financial Management LLC lifted its position in shares of TotalEnergies by 2.4% in the fourth quarter. Clear Creek Financial Management LLC now owns 6,334 shares of the company’s stock worth $414,000 after purchasing an additional 150 shares in the last quarter. Fiduciary Financial Group LLC boosted its holdings in shares of TotalEnergies by 5.9% during the second quarter. Fiduciary Financial Group LLC now owns 2,767 shares of the company’s stock worth $215,000 after purchasing an additional 154 shares during the period. Financial Management Professionals Inc. lifted its position in TotalEnergies by 36.0% in the 2nd quarter. Financial Management Professionals Inc. now owns 589 shares of the company’s stock worth $46,000 after buying an additional 156 shares in the last quarter. Finally, World Investment Advisors lifted its position in TotalEnergies by 2.0% in the 1st quarter. World Investment Advisors now owns 8,448 shares of the company’s stock worth $771,000 after buying an additional 165 shares in the last quarter. Institutional investors own 16.53% of the company’s stock.

About TotalEnergies

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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.

Further Reading

Earnings History and Estimates for TotalEnergies (NYSE:TTE)

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