TD Cowen Boosts TotalEnergies (NYSE:TTE) Price Target to $105.00

TotalEnergies (NYSE:TTE) had its target price upped by TD Cowen from $102.00 to $105.00 in a research report issued to clients and investors on Friday, Marketbeat.com reports. The brokerage currently has a “buy” rating on the stock. TD Cowen’s target price suggests a potential upside of 20.79% from the company’s current price.

Several other research firms have also commented on TTE. Scotiabank raised their target price on shares of TotalEnergies from $73.00 to $97.00 and gave the company a “sector perform” rating in a report on Wednesday, April 22nd. BNP Paribas Exane raised shares of TotalEnergies from a “neutral” rating to an “outperform” rating in a report on Friday, April 17th. CICC Research assumed coverage on shares of TotalEnergies in a report on Tuesday, June 23rd. They set an “outperform” rating for the company. Zacks Research lowered shares of TotalEnergies from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 25th. Finally, Mizuho started coverage on shares of TotalEnergies in a research note on Monday, July 20th. They issued an “outperform” rating and a $103.00 price objective on the stock. Eleven equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, TotalEnergies has an average rating of “Moderate Buy” and a consensus price target of $87.14.

TotalEnergies Stock Performance

TTE opened at $86.93 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.85 and a current ratio of 1.08. TotalEnergies has a 52-week low of $57.39 and a 52-week high of $94.17. The firm has a market cap of $208.43 billion, a P/E ratio of 10.88, a price-to-earnings-growth ratio of 3.10 and a beta of 0.14. The business’s fifty day moving average is $84.01 and its 200-day moving average is $82.14.

TotalEnergies (NYSE:TTE) last posted its quarterly earnings results on Tuesday, June 30th. The company reported $2.68 EPS for the quarter. TotalEnergies had a return on equity of 16.01% and a net margin of 8.29%.The business had revenue of $57.10 billion during the quarter. Sell-side analysts expect that TotalEnergies will post 10.57 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of TTE. YANKCOM Partnership boosted its stake in shares of TotalEnergies by 146.8% in the 4th quarter. YANKCOM Partnership now owns 390 shares of the company’s stock valued at $25,000 after purchasing an additional 232 shares in the last quarter. Robinswood Financial LLC acquired a new position in TotalEnergies during the 1st quarter worth approximately $27,000. MH & Associates Securities Management Corp ADV bought a new position in TotalEnergies in the 4th quarter valued at approximately $29,000. Lodestone Wealth Management LLC bought a new position in TotalEnergies in the 4th quarter valued at approximately $32,000. Finally, Elyxium Wealth LLC acquired a new stake in TotalEnergies in the fourth quarter valued at approximately $33,000. Institutional investors and hedge funds own 16.53% of the company’s stock.

TotalEnergies News Summary

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.