Optiver Holding B.V. Purchases New Shares in Eni SpA $E

Optiver Holding B.V. acquired a new stake in shares of Eni SpA (NYSE:E) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 116,338 shares of the oil and gas exploration company’s stock, valued at approximately $6,586,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Arrowstreet Capital Limited Partnership purchased a new stake in shares of ENI during the 1st quarter valued at about $63,334,000. Natixis Advisors LLC lifted its holdings in shares of ENI by 5.3% in the 4th quarter. Natixis Advisors LLC now owns 3,279,164 shares of the oil and gas exploration company’s stock valued at $124,411,000 after acquiring an additional 165,454 shares during the last quarter. Capital Wealth Planning LLC grew its position in ENI by 109.7% in the fourth quarter. Capital Wealth Planning LLC now owns 306,408 shares of the oil and gas exploration company’s stock worth $11,962,000 after acquiring an additional 160,324 shares in the last quarter. Arosa Capital Management LP purchased a new position in ENI in the fourth quarter worth about $4,173,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in ENI by 16,704.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 92,422 shares of the oil and gas exploration company’s stock worth $3,506,000 after acquiring an additional 91,872 shares during the last quarter. 1.18% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on E. Erste Group Bank downgraded ENI from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Dbs Bank upgraded ENI from a “hold” rating to a “moderate buy” rating in a report on Tuesday, April 28th. Zacks Research downgraded ENI from a “hold” rating to a “strong sell” rating in a research report on Friday, July 10th. Rothschild & Co Redburn upgraded ENI from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 9th. Finally, Weiss Ratings downgraded ENI from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $42.30.

ENI Stock Performance

ENI stock opened at $55.60 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.02 and a current ratio of 1.16. The company has a market capitalization of $93.85 billion, a PE ratio of 14.22, a P/E/G ratio of 0.30 and a beta of 0.40. The company has a 50 day moving average price of $50.59 and a 200-day moving average price of $49.67. Eni SpA has a fifty-two week low of $33.74 and a fifty-two week high of $58.00.

ENI (NYSE:E) last announced its quarterly earnings data on Wednesday, July 29th. The oil and gas exploration company reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.66 by $0.10. The company had revenue of $25.87 billion for the quarter, compared to analysts’ expectations of $27.93 billion. ENI had a return on equity of 11.48% and a net margin of 6.51%. As a group, equities analysts forecast that Eni SpA will post 5.56 earnings per share for the current year.

ENI 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.