Piper Sandler Reiterates Neutral Rating for TotalEnergies (NYSE:TTE)

TotalEnergies (NYSE:TTE)‘s stock had its “neutral” rating reissued by equities research analysts at Piper Sandler in a research note issued on Thursday,Benzinga reports. They currently have a $85.00 price objective on the stock. Piper Sandler’s price objective would suggest a potential downside of 2.22% from the stock’s previous close.

Several other equities analysts also recently issued reports on TTE. Weiss Ratings raised TotalEnergies from a “hold (c)” rating to a “buy (b-)” rating in a research report on Friday, May 1st. BNP Paribas Exane upgraded shares of TotalEnergies from a “neutral” rating to an “outperform” rating in a report on Friday, April 17th. Mizuho initiated coverage on shares of TotalEnergies in a research report on Monday, July 20th. They set an “outperform” rating and a $103.00 price target for the company. CICC Research began coverage on TotalEnergies in a research report on Tuesday, June 23rd. They set an “outperform” rating on the stock. Finally, Kepler Capital Markets upgraded TotalEnergies from a “reduce” rating to a “hold” rating in a research note on Thursday, April 23rd. Eleven investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $87.14.

TotalEnergies Stock Up 0.8%

TotalEnergies stock opened at $86.93 on Thursday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.08 and a quick ratio of 0.85. The stock has a market capitalization of $208.43 billion, a price-to-earnings ratio of 10.88, a PEG ratio of 3.08 and a beta of 0.14. The business has a fifty day moving average price of $84.01 and a 200-day moving average price of $82.14. TotalEnergies has a 1-year low of $57.39 and a 1-year high of $94.17.

TotalEnergies (NYSE:TTE) last issued its quarterly earnings results on Tuesday, June 30th. The company reported $2.68 earnings per share for the quarter. The business had revenue of $57.10 billion for the quarter. TotalEnergies had a return on equity of 16.01% and a net margin of 8.29%. Equities research analysts forecast that TotalEnergies will post 10.54 EPS for the current fiscal year.

Institutional Investors Weigh In On TotalEnergies

Institutional investors have recently added to or reduced their stakes in the stock. Rosenberg Matthew Hamilton increased its stake in shares of TotalEnergies by 6.5% during the second quarter. Rosenberg Matthew Hamilton now owns 4,010 shares of the company’s stock worth $312,000 after purchasing an additional 244 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in TotalEnergies by 10.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 15,800 shares of the company’s stock valued at $1,229,000 after purchasing an additional 1,448 shares in the last quarter. Ballentine Partners LLC boosted its stake in TotalEnergies by 2.7% during the 2nd quarter. Ballentine Partners LLC now owns 14,220 shares of the company’s stock worth $1,106,000 after purchasing an additional 373 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in TotalEnergies by 3.4% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 29,900 shares of the company’s stock valued at $2,325,000 after acquiring an additional 995 shares in the last quarter. Finally, Crossmark Global Holdings Inc. lifted its stake in TotalEnergies by 18.0% in the 2nd quarter. Crossmark Global Holdings Inc. now owns 141,779 shares of the company’s stock worth $11,025,000 after purchasing an additional 21,633 shares in the last quarter. Institutional investors and hedge funds own 16.53% of the company’s stock.

TotalEnergies News Roundup

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

About TotalEnergies

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.