106,385 TotalEnergies SE Sponsored ADR $TTE Shares Sold by Generali Asset Management SPA SGR

Key Points

• Generali Asset Management reduced its TotalEnergies stake by 8.4%, selling 106,385 shares and retaining 1.16 million shares worth approximately $99.4 million. TotalEnergies remains about 1.7% of the firm’s portfolio.
• TotalEnergies shares opened at $92.29, near their 52-week high of $94.17, with a market capitalization of $221.3 billion and a P/E ratio of 11.55.
• Analyst sentiment remains favorable, with a consensus rating of “Moderate Buy” and an average price target of $92.71; recent ratings included upgrades from Zacks and an “overweight” reiteration from Barclays.

Generali Asset Management SPA SGR reduced its position in TotalEnergies SE Sponsored ADR (NYSE:TTE - Free Report) by 8.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,162,304 shares of the company's stock after selling 106,385 shares during the quarter. TotalEnergies comprises approximately 1.7% of Generali Asset Management SPA SGR's portfolio, making the stock its 10th biggest position. Generali Asset Management SPA SGR's holdings in TotalEnergies were worth $99,377,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. QRG Capital Management Inc. grew its position in TotalEnergies by 47.9% during the 2nd quarter. QRG Capital Management Inc. now owns 114,663 shares of the company's stock worth $8,916,000 after purchasing an additional 37,112 shares during the last quarter. Generali Investments CEE investicni spolecnost a.s. increased its stake in TotalEnergies by 16.9% in the second quarter. Generali Investments CEE investicni spolecnost a.s. now owns 153,140 shares of the company's stock valued at $11,900,000 after purchasing an additional 22,103 shares during the period. Plato Investment Management Ltd purchased a new stake in shares of TotalEnergies in the second quarter valued at about $1,349,000. Flossbach Von Storch SE purchased a new stake in shares of TotalEnergies in the second quarter valued at about $30,877,000. Finally, Groupe la Francaise raised its holdings in shares of TotalEnergies by 8.9% in the first quarter. Groupe la Francaise now owns 7,617,900 shares of the company's stock valued at $683,234,000 after buying an additional 624,764 shares during the last quarter. 16.53% of the stock is currently owned by hedge funds and other institutional investors.

TotalEnergies Stock Performance

Shares of TotalEnergies stock opened at $92.29 on Wednesday. The company has a market cap of $221.29 billion, a P/E ratio of 11.55 and a beta of 0.18. TotalEnergies SE Sponsored ADR has a one year low of $60.58 and a one year high of $94.17. The firm has a fifty day moving average of $89.32 and a two-hundred day moving average of $84.61.

Analyst Ratings Changes

A number of research firms recently issued reports on TTE. Barclays reissued an "overweight" rating on shares of TotalEnergies in a report on Monday, October 5th. Zacks Research upgraded TotalEnergies from a "hold" rating to a "strong-buy" rating in a research report on Monday, October 19th. TD Cowen reduced their price objective on TotalEnergies from $108.00 to $105.00 and set a "buy" rating for the company in a research note on Tuesday, October 13th. Mizuho set a $108.00 price objective on TotalEnergies in a research note on Friday, October 16th. Finally, Piper Sandler increased their price objective on TotalEnergies from $84.00 to $93.00 and gave the stock a "neutral" rating in a research report on Thursday, September 3rd. 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, TotalEnergies currently has a consensus rating of "Moderate Buy" and an average target price of $92.71.

TotalEnergies News Summary

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.