TotalEnergies SE (NYSE:TTE – Free Report) – Scotiabank issued their FY2026 earnings estimates for TotalEnergies in a report issued on Wednesday, January 8th. Scotiabank analyst P. Cheng forecasts that the company will post earnings of $7.15 per share for the year. Scotiabank currently has a “Sector Perform” rating and a $75.00 target price on the stock. The consensus estimate for TotalEnergies’ current full-year earnings is $7.94 per share.
A number of other brokerages have also weighed in on TTE. Piper Sandler cut their price objective on TotalEnergies from $77.00 to $62.00 and set a “neutral” rating for the company in a research report on Thursday, December 19th. The Goldman Sachs Group raised TotalEnergies to a “hold” rating in a research note on Thursday, October 3rd. Morgan Stanley reiterated an “equal weight” rating and set a $64.10 target price (down from $70.40) on shares of TotalEnergies in a research report on Tuesday, January 7th. Barclays raised shares of TotalEnergies to a “strong-buy” rating in a report on Wednesday, October 2nd. Finally, BNP Paribas downgraded shares of TotalEnergies from an “outperform” rating to a “neutral” rating in a research note on Wednesday, November 27th. Six research analysts have rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, TotalEnergies currently has an average rating of “Moderate Buy” and an average price target of $72.42.
TotalEnergies Stock Performance
Shares of NYSE TTE opened at $56.75 on Friday. The company has a market cap of $134.01 billion, a P/E ratio of 8.05, a P/E/G ratio of 1.93 and a beta of 0.61. TotalEnergies has a 52-week low of $53.29 and a 52-week high of $74.97. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.88 and a current ratio of 1.10. The firm’s fifty day moving average is $57.44 and its two-hundred day moving average is $63.92.
TotalEnergies Cuts Dividend
The business also recently declared a dividend, which will be paid on Tuesday, January 21st. Investors of record on Tuesday, December 31st will be issued a dividend of $0.8308 per share. The ex-dividend date of this dividend is Tuesday, December 31st. TotalEnergies’s payout ratio is presently 34.75%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. FMR LLC lifted its holdings in shares of TotalEnergies by 2.7% in the 3rd quarter. FMR LLC now owns 12,445,228 shares of the company’s stock worth $804,211,000 after acquiring an additional 324,033 shares during the last quarter. Franklin Resources Inc. raised its position in TotalEnergies by 62.7% in the 3rd quarter. Franklin Resources Inc. now owns 4,012,961 shares of the company’s stock worth $273,323,000 after purchasing an additional 1,546,866 shares during the period. Raymond James & Associates lifted its stake in TotalEnergies by 0.6% in the third quarter. Raymond James & Associates now owns 2,320,091 shares of the company’s stock worth $149,924,000 after purchasing an additional 13,022 shares during the last quarter. Natixis Advisors LLC boosted its position in shares of TotalEnergies by 4.9% during the third quarter. Natixis Advisors LLC now owns 2,266,950 shares of the company’s stock valued at $146,490,000 after buying an additional 106,347 shares during the period. Finally, Equity Investment Corp grew its stake in shares of TotalEnergies by 2.3% during the third quarter. Equity Investment Corp now owns 1,862,312 shares of the company’s stock valued at $120,343,000 after buying an additional 41,564 shares during the last quarter. 16.53% of the stock is owned by hedge funds and other institutional investors.
About TotalEnergies
TotalEnergies SE, a multi-energy company, produces and markets oil and biofuels, natural gas, green gases, renewables, and electricity in France, rest of Europe, North America, Africa, and internationally. It operates through five segments: Exploration & Production, Integrated LNG, Integrated Power, Refining & Chemicals, and Marketing & Services.
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