TotalEnergies (NYSE:TTE) Price Target Raised to $105.00

TotalEnergies (NYSE:TTE) had its target price boosted by TD Cowen from $102.00 to $105.00 in a report released on Friday, Marketbeat reports. TD Cowen currently has a buy rating on the stock.

Other equities analysts have also recently issued reports about the company. BNP Paribas Exane upgraded TotalEnergies from a “neutral” rating to an “outperform” rating in a report on Friday, April 17th. Weiss Ratings raised shares of TotalEnergies from a “hold (c)” rating to a “buy (b-)” rating in a research report on Friday, May 1st. Kepler Capital Markets raised shares of TotalEnergies from a “reduce” rating to a “hold” rating in a research note on Thursday, April 23rd. CICC Research started coverage on shares of TotalEnergies in a report on Tuesday, June 23rd. They issued an “outperform” rating for the company. Finally, Wall Street Zen downgraded shares of TotalEnergies from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Eleven analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $87.14.

TotalEnergies Stock Up 0.1%

NYSE:TTE opened at $86.93 on Friday. TotalEnergies has a 52 week low of $57.39 and a 52 week high of $94.17. The stock’s fifty day moving average is $84.01 and its two-hundred day moving average is $82.25. The stock has a market capitalization of $208.43 billion, a price-to-earnings ratio of 10.88, a price-to-earnings-growth ratio of 3.09 and a beta of 0.14. The company has a quick ratio of 0.85, a current ratio of 1.06 and a debt-to-equity ratio of 0.38.

TotalEnergies (NYSE:TTE) last issued its quarterly earnings data on Tuesday, June 30th. The company reported $2.68 earnings per share for the quarter. The business had revenue of $57.10 billion during the quarter. TotalEnergies had a return on equity of 15.66% and a net margin of 8.29%. Research analysts anticipate that TotalEnergies will post 10.57 EPS for the current year.

Institutional Trading of TotalEnergies

A number of large investors have recently made changes to their positions in the company. YANKCOM Partnership lifted its stake in TotalEnergies by 146.8% in the fourth quarter. YANKCOM Partnership now owns 390 shares of the company’s stock worth $25,000 after acquiring an additional 232 shares during the last quarter. Robinswood Financial LLC acquired a new stake in shares of TotalEnergies in the 1st quarter valued at $27,000. MH & Associates Securities Management Corp ADV purchased a new stake in shares of TotalEnergies during the 4th quarter worth $29,000. Lodestone Wealth Management LLC purchased a new stake in shares of TotalEnergies during the 4th quarter worth $32,000. Finally, Elyxium Wealth LLC acquired a new position in shares of TotalEnergies during the fourth quarter worth $33,000. 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: 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.