Generali Asset Management SPA SGR cut its holdings in TotalEnergies SE Sponsored ADR (NYSE:TTE – Free Report) by 8.4% during the third quarter, Holdings Channel reports. The institutional investor owned 1,162,304 shares of the company’s stock after selling 106,385 shares during the quarter. TotalEnergies comprises 1.7% of Generali Asset Management SPA SGR’s investment portfolio, making the stock its 10th biggest holding. Generali Asset Management SPA SGR’s holdings in TotalEnergies were worth $99,377,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Amundi purchased a new position in TotalEnergies in the first quarter worth $18,868,822,000. DekaBank Deutsche Girozentrale acquired a new stake in TotalEnergies in the first quarter valued at $1,103,799,000. Bank of New York Mellon Corp lifted its holdings in TotalEnergies by 8.3% in the first quarter. Bank of New York Mellon Corp now owns 11,514,654 shares of the company’s stock valued at $1,047,603,000 after acquiring an additional 881,889 shares during the period. Janus Henderson Group PLC boosted its position in shares of TotalEnergies by 25.2% during the 1st quarter. Janus Henderson Group PLC now owns 11,349,122 shares of the company’s stock worth $1,055,775,000 after purchasing an additional 2,287,500 shares in the last quarter. Finally, Groupe la Francaise boosted its position in shares of TotalEnergies by 8.9% during the 1st quarter. Groupe la Francaise now owns 7,617,900 shares of the company’s stock worth $683,234,000 after purchasing an additional 624,764 shares in the last quarter. Institutional investors and hedge funds own 16.53% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on the stock. HSBC raised shares of TotalEnergies from a “hold” rating to a “buy” rating in a research note on Friday, September 25th. JPMorgan Chase & Co. cut shares of TotalEnergies from an “overweight” rating to a “neutral” rating in a research note on Wednesday, September 23rd. Morgan Stanley set a $90.00 price objective on shares of TotalEnergies and gave the stock an “equal weight” rating in a report on Thursday, September 3rd. Piper Sandler boosted their price objective on shares of TotalEnergies from $84.00 to $93.00 and gave the stock a “neutral” rating in a report on Thursday, September 3rd. Finally, Zacks Research upgraded shares of TotalEnergies from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 19th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $92.71.
TotalEnergies Price Performance
NYSE TTE opened at $92.29 on Wednesday. TotalEnergies SE Sponsored ADR has a 1-year low of $60.58 and a 1-year high of $94.17. The company has a market capitalization of $221.29 billion, a P/E ratio of 11.55 and a beta of 0.18. The business has a 50 day moving average price of $89.32 and a 200 day moving average price of $84.61.
Trending Headlines about TotalEnergies
Here are the key news stories impacting TotalEnergies this week:
- Positive Sentiment: Erste Group Bank raised its FY2026 EPS forecast to $12.58 from $11.96, broadly in line with the $12.60 consensus estimate, and increased its FY2027 forecast to $11.01 from $10.92. The revisions suggest improved expectations for TotalEnergies’ earnings outlook. MarketBeat earnings estimate report
- Positive Sentiment: TotalEnergies completed the sale of its 10% non-operated interest in Nigeria’s Renaissance joint venture for $800 million. The transaction provides cash and reduces exposure to Nigerian oil operations, while the company retains its full economic interest in three gas licenses supplying 50% of Nigeria LNG’s gas. Nigeria divestment announcement
- Neutral Sentiment: Wall Street projections for the quarter ended September 2026 focus on key operating metrics, but the article does not provide actual results or a clear estimate surprise. Investors may remain cautious ahead of TotalEnergies’ quarterly report. Q3 Wall Street projections
- Neutral Sentiment: Zacks highlighted TotalEnergies as a highly rated momentum stock, which may support investor interest, although the commentary is based on screening factors rather than a new fundamental catalyst. Momentum stock analysis
- Negative Sentiment: The company plans an exceptional value-sharing bonus for eligible employees and additional support for energy purchasing power. While positive for employees, the measures could increase near-term expenses and weigh modestly on earnings. Employee value-sharing announcement
- Negative Sentiment: Broader weakness in France’s CAC 40, linked to protests and rising bond yields, is creating a less supportive market backdrop for TotalEnergies and other French-listed companies. CAC 40 market outlook
About TotalEnergies
TotalEnergies SE is a French multinational energy company that explores for, produces, processes and markets oil and natural gas. Established in 1924 as the Compagnie française des pétroles, the company adopted the TotalEnergies name in 2021 to reflect its broader focus on multiple forms of energy.
The company’s activities include liquefied natural gas, refining and petrochemicals, fuels, lubricants, and the operation of service stations. TotalEnergies also develops and sells electricity from renewable and other power-generation sources, including solar and wind projects, as well as energy-storage and electric-vehicle charging solutions.
TotalEnergies serves customers and operates projects across numerous regions, including Europe, Africa, the Middle East, the Americas and the Asia-Pacific region.
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