Crossmark Global Holdings Inc. raised its stake in shares of Eni SpA (NYSE:E) by 23.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 91,608 shares of the oil and gas exploration company’s stock after purchasing an additional 17,211 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in ENI were worth $3,450,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Eagle Asset Management Inc. grew its holdings in shares of ENI by 83.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 20,833 shares of the oil and gas exploration company’s stock valued at $784,000 after buying an additional 9,451 shares during the period. Teachers Retirement System of The State of Kentucky grew its holdings in shares of ENI by 215.8% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 379,000 shares of the oil and gas exploration company’s stock valued at $14,273,000 after buying an additional 259,000 shares during the period. South State Corp grew its holdings in shares of ENI by 5.1% in the 3rd quarter. South State Corp now owns 110,657 shares of the oil and gas exploration company’s stock valued at $4,168,000 after buying an additional 5,414 shares during the period. Advisor Partners LLC acquired a new position in shares of ENI in the 3rd quarter valued at $228,000. Finally, O Shaughnessy Asset Management LLC grew its holdings in shares of ENI by 1,118.7% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 5,801 shares of the oil and gas exploration company’s stock valued at $218,000 after buying an additional 5,325 shares during the period. 1.70% of the stock is currently owned by institutional investors.

Several equities analysts have recently issued reports on the stock. Sanford C. Bernstein reissued a “buy” rating on shares of ENI in a report on Friday, July 27th. JPMorgan Chase & Co. reissued a “sell” rating on shares of ENI in a report on Tuesday, August 7th. Bank of America raised shares of ENI from a “neutral” rating to a “buy” rating in a report on Friday, October 5th. Barclays lowered shares of ENI from an “equal weight” rating to an “underweight” rating in a report on Tuesday, September 11th. Finally, Berenberg Bank began coverage on shares of ENI in a research note on Tuesday, September 11th. They issued a “hold” rating for the company. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $37.12.

Shares of NYSE E opened at $33.29 on Thursday. The firm has a market capitalization of $59.38 billion, a P/E ratio of 22.05, a P/E/G ratio of 0.52 and a beta of 0.76. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.40 and a quick ratio of 1.24. Eni SpA has a 1-year low of $32.13 and a 1-year high of $40.15.

ENI (NYSE:E) last announced its earnings results on Wednesday, November 7th. The oil and gas exploration company reported $0.91 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.68 by $0.23. The firm had revenue of $23.14 billion during the quarter. ENI had a net margin of 7.47% and a return on equity of 8.38%. Sell-side analysts expect that Eni SpA will post 3.15 earnings per share for the current year.

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ENI Profile

Eni S.p.A. engages in the oil and gas, electricity generation and sale, and petrochemicals businesses. The company is involved in the oil and natural gas exploration, and field development and production activities, as well as liquefied natural gas (LNG) operations in 46 countries, including Italy, Libya, Egypt, Norway, the United Kingdom, Angola, Congo, Nigeria, the United States, Kazakhstan, Algeria, Australia, Venezuela, Iraq, Indonesia, Ghana, and Mozambique.

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Institutional Ownership by Quarter for ENI (NYSE:E)

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