Eagle Asset Management Inc. raised its stake in shares of ENI S.p.A. (NYSE:E) by 11.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,090 shares of the oil and gas exploration company’s stock after buying an additional 996 shares during the quarter. Eagle Asset Management Inc.’s holdings in ENI S.p.A. were worth $303,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Creative Planning boosted its holdings in shares of ENI S.p.A. by 41.0% during the second quarter. Creative Planning now owns 4,391 shares of the oil and gas exploration company’s stock worth $132,000 after purchasing an additional 1,277 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of ENI S.p.A. by 35.5% during the first quarter. Sei Investments Co. now owns 4,249 shares of the oil and gas exploration company’s stock worth $139,000 after purchasing an additional 1,114 shares during the last quarter. Pacad Investment Ltd. acquired a new stake in shares of ENI S.p.A. during the second quarter worth $189,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of ENI S.p.A. during the first quarter worth $215,000. Finally, US Bancorp DE boosted its holdings in shares of ENI S.p.A. by 38.0% during the first quarter. US Bancorp DE now owns 7,523 shares of the oil and gas exploration company’s stock worth $246,000 after purchasing an additional 2,072 shares during the last quarter. Hedge funds and other institutional investors own 1.66% of the company’s stock.
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A number of research analysts recently weighed in on E shares. Citigroup Inc. reiterated a “buy” rating on shares of ENI S.p.A. in a report on Wednesday, August 30th. Zacks Investment Research cut ENI S.p.A. from a “hold” rating to a “sell” rating in a report on Tuesday, July 18th. BNP Paribas cut ENI S.p.A. from a “neutral” rating to an “underperform” rating in a report on Sunday, May 28th. Credit Suisse Group cut ENI S.p.A. from an “outperform” rating to a “neutral” rating in a report on Thursday, August 3rd. Finally, Societe Generale reiterated a “buy” rating on shares of ENI S.p.A. in a report on Wednesday, July 26th. Six analysts have rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $26.00.
ENI S.p.A. (E) opened at 32.48 on Wednesday. The stock has a market capitalization of $59.13 billion, a price-to-earnings ratio of 66.02 and a beta of 0.75. The firm has a 50-day moving average price of $31.55 and a 200 day moving average price of $31.54. ENI S.p.A. has a 52-week low of $26.15 and a 52-week high of $34.62.
ENI S.p.A. (NYSE:E) last issued its quarterly earnings data on Friday, July 28th. The oil and gas exploration company reported $0.27 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.18. The firm had revenue of $17.20 billion during the quarter. ENI S.p.A. had a net margin of 1.14% and a return on equity of 2.23%. On average, equities research analysts predict that ENI S.p.A. will post $2.29 EPS for the current year.
The firm also recently disclosed a None dividend, which will be paid on Friday, October 6th. Investors of record on Tuesday, September 19th will be issued a $0.676 dividend. This represents a yield of 5.86%. The ex-dividend date of this dividend is Monday, September 18th. ENI S.p.A.’s dividend payout ratio is presently 309.76%.
ENI S.p.A. Company Profile
Eni SpA (Eni) is an Italy-based company engaged in the exploration, development and production of hydrocarbons, in the supply and marketing of gas, liquefied natural gas (LNG) and power, in the refining and marketing of petroleum products, in the production and marketing of basic petrochemicals, plastics and elastomers and in commodity trading.
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