Erste Group Bank Boosts Earnings Estimates for TotalEnergies

TotalEnergies SE Sponsored ADR (NYSE:TTE) – Erste Group Bank boosted their FY2026 earnings per share estimates for TotalEnergies in a research note issued on Thursday, October 8th. Erste Group Bank analyst H. Engel now expects that the company will earn $11.96 per share for the year, up from their previous estimate of $10.99. The consensus estimate for TotalEnergies’ current full-year earnings is $12.02 per share. Erste Group Bank also issued estimates for TotalEnergies’ FY2027 earnings at $10.92 EPS.

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

Other analysts also recently issued reports about the company. JPMorgan Chase & Co. downgraded TotalEnergies from an “overweight” rating to a “neutral” rating in a research report on Wednesday, September 23rd. Wall Street Zen upgraded shares of TotalEnergies from a “hold” rating to a “buy” rating in a report on Monday, August 31st. TD Cowen decreased their target price on shares of TotalEnergies from $108.00 to $105.00 and set a “buy” rating on the stock in a research report on Tuesday. HSBC raised shares of TotalEnergies from a “hold” rating to a “buy” rating in a research report on Friday, September 25th. Finally, CICC Research began coverage on shares of TotalEnergies in a research note on Tuesday, June 23rd. They set an “outperform” rating for the company. Ten analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $92.00.

TotalEnergies Stock Performance

Shares of TotalEnergies stock opened at $88.93 on Wednesday. TotalEnergies has a 52 week low of $57.44 and a 52 week high of $94.17. The business’s fifty day simple moving average is $88.58 and its 200-day simple moving average is $87.35. The firm has a market cap of $213.23 billion, a PE ratio of 10.24 and a beta of 0.18. The company has a quick ratio of 0.85, a current ratio of 1.06 and a debt-to-equity ratio of 0.38.

Hedge Funds Weigh In On TotalEnergies

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Allied Investment Advisors LLC grew its position in TotalEnergies by 1.6% in the 3rd quarter. Allied Investment Advisors LLC now owns 195,741 shares of the company’s stock valued at $16,736,000 after acquiring an additional 3,164 shares in the last quarter. Fragasso Financial Advisors Inc purchased a new stake in TotalEnergies during the third quarter worth about $228,000. JGP Wealth Management LLC increased its stake in TotalEnergies by 10.7% during the third quarter. JGP Wealth Management LLC now owns 5,340 shares of the company’s stock worth $457,000 after purchasing an additional 517 shares during the period. Sound Income Strategies LLC lifted its position in shares of TotalEnergies by 2.1% during the third quarter. Sound Income Strategies LLC now owns 295,717 shares of the company’s stock worth $25,438,000 after purchasing an additional 6,022 shares in the last quarter. Finally, GK Wealth Management LLC acquired a new stake in shares of TotalEnergies during the third quarter worth about $43,000. 16.53% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting TotalEnergies

Here are the key news stories impacting TotalEnergies this week:

• Positive Sentiment: U.S. solar portfolio expansion: TotalEnergies and KKR agreed to add 700 MW of utility-scale solar assets in Texas and Ohio to their 50/50 renewable-energy joint venture. The portfolio, valued at approximately $1.2 billion, would increase the JV’s holdings to 2.1 GW, with the projects expected to begin operations by the first quarter of 2027. Electricity from the assets has already been contracted to third parties, improving revenue visibility. TotalEnergies expands its joint venture with KKR
• Positive Sentiment: Long-term digital drilling agreement: TotalEnergies signed a 15-year agreement with SLB to expand use of its DrillPlan technology. The deal could improve drilling decisions, geological analysis and upstream operating efficiency while supporting the company’s digital-transformation strategy. SLB digital drilling agreement
• Positive Sentiment: AI adoption: TotalEnergies is among major oil and gas companies using NVIDIA-powered computing to accelerate subsurface analysis and improve drilling and operational efficiency. The initiative may support productivity and cost savings over time. Oil and gas firms using NVIDIA AI
• Neutral Sentiment: Valuation discussion: A Zacks analysis is examining whether investors are undervaluing TTE based on value, growth, momentum and earnings-estimate trends. The stock’s relatively modest valuation could attract value-oriented investors, but the article does not announce a specific estimate revision or rating change. TotalEnergies valuation analysis
• Negative Sentiment: French fuel-price cuts: The CEO pledged additional price reductions in France to ease pressure on diesel consumers. While the move may protect customer relationships and market share, it could reduce near-term fuel-retailing margins and earnings if costs are not fully offset. TotalEnergies France fuel-price cuts

About TotalEnergies

TotalEnergies SE is a France-based, integrated energy company that produces and markets oil, natural gas, liquefied natural gas (LNG), electricity and low-carbon energy. Its operations span the energy value chain, including exploration and production, refining, petrochemicals, fuel distribution, lubricants, and energy trading.

The company is also expanding its renewable and electricity businesses, with activities in solar and wind power, battery storage, electric-vehicle charging and other lower-carbon energy solutions.