ENI S.p.A. (NYSE:E) has been given an average rating of “Hold” by the fourteen ratings firms that are presently covering the stock, Marketbeat Ratings reports. Four investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company.

Several research firms recently commented on E. BidaskClub upgraded shares of ENI S.p.A. from a “sell” rating to a “hold” rating in a research note on Friday, August 4th. Zacks Investment Research downgraded shares of ENI S.p.A. from a “buy” rating to a “hold” rating in a research note on Wednesday. Credit Suisse Group downgraded shares of ENI S.p.A. from an “outperform” rating to a “neutral” rating in a research note on Thursday, August 3rd. Societe Generale reiterated a “buy” rating on shares of ENI S.p.A. in a research note on Wednesday, July 26th. Finally, Macquarie downgraded shares of ENI S.p.A. from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 21st.

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Several hedge funds and other institutional investors have recently bought and sold shares of the company. Bessemer Group Inc. boosted its position in ENI S.p.A. by 0.8% in the second quarter. Bessemer Group Inc. now owns 3,922,724 shares of the oil and gas exploration company’s stock worth $117,916,000 after buying an additional 33,023 shares during the period. Brandes Investment Partners LP boosted its position in ENI S.p.A. by 1.5% in the second quarter. Brandes Investment Partners LP now owns 3,915,346 shares of the oil and gas exploration company’s stock worth $117,695,000 after buying an additional 57,234 shares during the period. Macquarie Group Ltd. boosted its position in ENI S.p.A. by 2.7% in the first quarter. Macquarie Group Ltd. now owns 2,466,036 shares of the oil and gas exploration company’s stock worth $80,713,000 after buying an additional 64,171 shares during the period. Mondrian Investment Partners LTD boosted its position in ENI S.p.A. by 19.6% in the second quarter. Mondrian Investment Partners LTD now owns 1,713,077 shares of the oil and gas exploration company’s stock worth $51,495,000 after buying an additional 281,160 shares during the period. Finally, Federated Investors Inc. PA boosted its position in ENI S.p.A. by 111.9% in the second quarter. Federated Investors Inc. PA now owns 1,031,970 shares of the oil and gas exploration company’s stock worth $31,021,000 after buying an additional 544,931 shares during the period. 1.69% of the stock is owned by hedge funds and other institutional investors.

ENI S.p.A. (E) traded down 0.22% during midday trading on Friday, reaching $31.52. 148,047 shares of the company’s stock were exchanged. The stock has a market cap of $57.38 billion, a P/E ratio of 63.55 and a beta of 0.77. The firm’s 50-day moving average is $30.79 and its 200 day moving average is $31.44. ENI S.p.A. has a 1-year low of $26.15 and a 1-year high of $34.62.

ENI S.p.A. (NYSE:E) last announced its quarterly earnings data on Friday, July 28th. The oil and gas exploration company reported $0.27 EPS for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.18. ENI S.p.A. had a net margin of 1.14% and a return on equity of 2.23%. The business had revenue of $17.20 billion for the quarter. Equities analysts anticipate that ENI S.p.A. will post $2.29 earnings per share for the current fiscal year.

The company also recently disclosed a None dividend, which will be paid on Friday, October 6th. Shareholders of record on Tuesday, September 19th will be paid a dividend of $0.676 per share. The ex-dividend date is Monday, September 18th. This represents a yield of 5.86%. ENI S.p.A.’s payout ratio is 309.76%.

About ENI S.p.A.

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.

Analyst Recommendations for ENI S.p.A. (NYSE:E)

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