Vanguard Personalized Indexing Management LLC Grows Stock Holdings in Eni SpA $E

Vanguard Personalized Indexing Management LLC boosted its stake in shares of Eni SpA (NYSE:E) by 8.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 79,836 shares of the oil and gas exploration company’s stock after purchasing an additional 6,489 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in ENI were worth $2,588,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its stake in ENI by 76.8% during the first quarter. GAMMA Investing LLC now owns 3,376 shares of the oil and gas exploration company’s stock worth $104,000 after buying an additional 1,467 shares during the period. Janney Montgomery Scott LLC boosted its position in shares of ENI by 10.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 9,936 shares of the oil and gas exploration company’s stock worth $307,000 after purchasing an additional 937 shares in the last quarter. Blue Trust Inc. raised its stake in ENI by 45.5% in the 1st quarter. Blue Trust Inc. now owns 16,638 shares of the oil and gas exploration company’s stock valued at $515,000 after purchasing an additional 5,206 shares during the last quarter. Oppenheimer Asset Management Inc. increased its stake in shares of ENI by 10.5% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 10,958 shares of the oil and gas exploration company’s stock valued at $339,000 after acquiring an additional 1,043 shares during the last quarter. Finally, Bessemer Group Inc. boosted its holdings in ENI by 45.4% in the 1st quarter. Bessemer Group Inc. now owns 3,405 shares of the oil and gas exploration company’s stock worth $106,000 after acquiring an additional 1,063 shares during the period. 1.18% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on E. Weiss Ratings reiterated a “hold (c)” rating on shares of ENI in a research report on Wednesday, October 8th. Morgan Stanley set a $34.60 price objective on ENI in a research report on Wednesday, September 3rd. Jefferies Financial Group upgraded ENI to a “strong-buy” rating in a research note on Friday, October 10th. Royal Bank Of Canada downgraded ENI from an “outperform” rating to a “sector perform” rating in a report on Tuesday, September 2nd. Finally, Zacks Research lowered ENI from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 27th. One research analyst has rated the stock with a Strong Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, ENI has an average rating of “Hold” and a consensus target price of $34.60.

ENI Stock Performance

Shares of NYSE:E opened at $34.31 on Thursday. The company has a current ratio of 1.18, a quick ratio of 1.02 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $57.91 billion, a price-to-earnings ratio of 21.18 and a beta of 0.90. The firm’s 50-day moving average is $35.10 and its 200 day moving average is $32.20. Eni SpA has a 12 month low of $24.65 and a 12 month high of $36.05.

ENI (NYSE:E) last released its quarterly earnings data on Friday, July 25th. The oil and gas exploration company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.12. The firm had revenue of $22.08 billion for the quarter, compared to analyst estimates of $23.54 billion. ENI had a net margin of 2.84% and a return on equity of 8.53%. Research analysts predict that Eni SpA will post 3.74 EPS for the current year.

ENI Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 5th. Investors of record on Tuesday, November 25th will be given a $0.5814 dividend. The ex-dividend date of this dividend is Tuesday, November 25th. This represents a $2.33 annualized dividend and a dividend yield of 6.8%. ENI’s dividend payout ratio (DPR) is currently 104.32%.

About ENI

Eni SpA engages in the exploration, production, refining, and sale of oil, gas, electricity, and chemicals. It operates through the following segments: Exploration and Production, Global Gas and LNG Portfolio, Refining & Marketing and Chemicals, Power & Renewables, and Corporate and Other Activities.