Erste Group Bank Brokers Increase Earnings Estimates for ENI

Eni SpA (NYSE:E) – Stock analysts at Erste Group Bank upped their FY2026 earnings per share (EPS) estimates for ENI in a report released on Thursday, April 2nd. Erste Group Bank analyst H. Engel now expects that the oil and gas exploration company will post earnings of $4.32 per share for the year, up from their prior forecast of $4.29. Erste Group Bank currently has a “Strong-Buy” rating on the stock. The consensus estimate for ENI’s current full-year earnings is $3.74 per share. Erste Group Bank also issued estimates for ENI’s FY2027 earnings at $4.80 EPS.

ENI (NYSE:E) last released its quarterly earnings results on Saturday, February 14th. The oil and gas exploration company reported $0.02 earnings per share for the quarter. The company had revenue of $24.64 billion during the quarter. ENI had a return on equity of 9.27% and a net margin of 3.07%.

Other equities research analysts also recently issued research reports about the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of ENI in a research report on Wednesday, January 21st. Wall Street Zen downgraded ENI from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. JPMorgan Chase & Co. raised ENI from an “underweight” rating to an “overweight” rating in a research report on Monday, March 2nd. Jefferies Financial Group reaffirmed a “buy” rating on shares of ENI in a research report on Thursday, January 8th. Finally, Zacks Research raised ENI from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, ENI currently has an average rating of “Moderate Buy” and a consensus target price of $34.60.

ENI Price Performance

Shares of NYSE:E opened at $57.52 on Wednesday. The company has a market cap of $97.10 billion, a P/E ratio of 33.84, a P/E/G ratio of 0.28 and a beta of 0.44. The company has a quick ratio of 1.04, a current ratio of 1.19 and a debt-to-equity ratio of 0.38. ENI has a 52 week low of $24.65 and a 52 week high of $58.00. The business has a fifty day simple moving average of $48.13 and a 200-day simple moving average of $40.92.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in E. Larry Mathis Financial Planning LLC acquired a new position in shares of ENI during the fourth quarter worth $268,000. Corient Private Wealth LLC lifted its position in shares of ENI by 4.0% during the fourth quarter. Corient Private Wealth LLC now owns 55,003 shares of the oil and gas exploration company’s stock worth $2,087,000 after purchasing an additional 2,117 shares in the last quarter. Compound Planning Inc. lifted its position in shares of ENI by 7.3% during the fourth quarter. Compound Planning Inc. now owns 10,667 shares of the oil and gas exploration company’s stock worth $405,000 after purchasing an additional 724 shares in the last quarter. EP Wealth Advisors LLC acquired a new position in shares of ENI during the fourth quarter worth $275,000. Finally, Inspire Investing LLC lifted its position in shares of ENI by 6.6% during the fourth quarter. Inspire Investing LLC now owns 7,961 shares of the oil and gas exploration company’s stock worth $302,000 after purchasing an additional 493 shares in the last quarter. 1.18% of the stock is owned by institutional investors and hedge funds.

ENI Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Tuesday, March 24th will be paid a $0.6137 dividend. This represents a $2.45 dividend on an annualized basis and a dividend yield of 4.3%. This is an increase from ENI’s previous quarterly dividend of $0.58. The ex-dividend date is Tuesday, March 24th. ENI’s payout ratio is 97.65%.

ENI Company Profile

ENI S.p.A. is an integrated energy company headquartered in Rome, Italy, founded in 1953 as a state-established hydrocarbon entity and later transformed into a publicly traded multinational. The firm’s activities span the full hydrocarbon value chain and extend into power generation and low‑carbon energy solutions. ENI maintains a long history in exploration and production, engineering and project development, and downstream operations that include refining, petrochemicals and retail fuel distribution.

Core businesses include upstream exploration and production of oil and natural gas, midstream and liquefied natural gas (LNG) handling, and downstream refining and marketing of petroleum products and lubricants.