TotalEnergies (NYSE:TTE) Given New $105.00 Price Target at TD Cowen

TotalEnergies (NYSE:TTE) had its price objective lifted by TD Cowen from $102.00 to $105.00 in a research report sent to investors on Friday, MarketBeat Ratings reports. TD Cowen currently has a buy rating on the stock.

Other research analysts also recently issued research reports about the stock. Mizuho began coverage on shares of TotalEnergies in a research report on Monday, July 20th. They issued an “outperform” rating and a $103.00 target price for the company. 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 upgraded shares of TotalEnergies from a “reduce” rating to a “hold” rating in a research note on Thursday, April 23rd. Wall Street Zen cut TotalEnergies from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Finally, Zacks Research downgraded TotalEnergies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. 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. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $87.14.

TotalEnergies Trading Up 0.8%

NYSE:TTE opened at $86.93 on Friday. The company has a market cap of $208.43 billion, a P/E ratio of 10.88, a price-to-earnings-growth ratio of 3.08 and a beta of 0.14. TotalEnergies has a twelve month low of $57.39 and a twelve month high of $94.17. The business has a 50 day moving average price of $84.01 and a two-hundred day moving average price of $82.14. The company has a quick ratio of 0.85, a current ratio of 1.08 and a debt-to-equity ratio of 0.41.

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. The company had revenue of $57.10 billion for the quarter. TotalEnergies had a net margin of 8.29% and a return on equity of 16.01%. As a group, analysts expect that TotalEnergies will post 10.54 EPS for the current fiscal year.

Institutional Trading of TotalEnergies

A number of hedge funds have recently modified their holdings of the stock. YANKCOM Partnership grew its stake in TotalEnergies by 146.8% in the 4th quarter. YANKCOM Partnership now owns 390 shares of the company’s stock valued at $25,000 after buying an additional 232 shares during the last quarter. Robinswood Financial LLC acquired a new stake in TotalEnergies during the first quarter worth approximately $27,000. MH & Associates Securities Management Corp ADV bought a new stake in shares of TotalEnergies during the fourth quarter worth approximately $29,000. Lodestone Wealth Management LLC bought a new stake in shares of TotalEnergies during the fourth quarter worth approximately $32,000. Finally, Elyxium Wealth LLC acquired a new position in shares of TotalEnergies in the fourth quarter valued at approximately $33,000. Institutional investors and hedge funds own 16.53% of the company’s stock.

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.