
Eni SpA (NYSE:E – Free Report) – Equities research analysts at Erste Group Bank boosted their FY2026 EPS estimates for ENI in a report issued on Tuesday, September 8th. Erste Group Bank analyst H. Engel now forecasts that the oil and gas exploration company will post earnings of $6.18 per share for the year, up from their previous forecast of $6.12. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for ENI’s current full-year earnings is $6.03 per share. Erste Group Bank also issued estimates for ENI’s FY2027 earnings at $5.67 EPS.
ENI (NYSE:E – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The oil and gas exploration company reported $1.76 EPS for the quarter, topping the consensus estimate of $1.66 by $0.10. ENI had a return on equity of 11.27% and a net margin of 6.51%.The firm had revenue of $25.87 billion for the quarter, compared to the consensus estimate of $27.93 billion.
Read Our Latest Analysis on ENI
ENI Trading Up 0.4%
Shares of E stock opened at $56.30 on Friday. The stock has a market capitalization of $95.03 billion, a PE ratio of 14.40, a P/E/G ratio of 0.24 and a beta of 0.38. ENI has a 1-year low of $34.03 and a 1-year high of $58.00. The business has a 50-day moving average of $52.81 and a 200 day moving average of $52.53. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.23 and a quick ratio of 1.05.
ENI Cuts Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Tuesday, September 22nd will be issued a $0.6276 dividend. The ex-dividend date is Tuesday, September 22nd. This represents a $2.51 dividend on an annualized basis and a yield of 4.5%. ENI’s dividend payout ratio is 44.25%.
Institutional Trading of ENI
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Integrated Wealth Concepts LLC lifted its position in ENI by 83.9% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 8,321 shares of the oil and gas exploration company’s stock valued at $390,000 after acquiring an additional 3,797 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of ENI by 23,909.6% during the second quarter. NewEdge Advisors LLC now owns 12,485 shares of the oil and gas exploration company’s stock valued at $585,000 after purchasing an additional 12,433 shares during the last quarter. IFP Advisors Inc increased its position in ENI by 111.2% during the 2nd quarter. IFP Advisors Inc now owns 659 shares of the oil and gas exploration company’s stock valued at $31,000 after buying an additional 347 shares in the last quarter. HB Wealth Management LLC grew its stake in shares of ENI by 18.8% in the second quarter. HB Wealth Management LLC now owns 6,193 shares of the oil and gas exploration company’s stock worth $290,000 after acquiring an additional 982 shares during the last quarter. Finally, Oakmont Investment Advisors Inc. purchased a new position in shares of ENI in the 2nd quarter worth about $394,000. 1.18% of the stock is owned by hedge funds and other institutional investors.
ENI Company Profile
Eni S.p.A. is an Italian integrated energy company headquartered in Rome. Founded in 1953, the company operates across the energy value chain, including the exploration, development and production of oil and natural gas, as well as natural gas marketing and liquefied natural gas activities.
Eni also operates refining and chemicals businesses and has expanded into lower-carbon energy and related services. Through businesses such as Plenitude and Enilive, it provides renewable power, energy retail, electric-vehicle charging, mobility services, biofuels and other products designed to support the energy transition.
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