18,844 Shares in Eni SpA $E Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio bought a new stake in shares of Eni SpA (NYSE:E) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 18,844 shares of the oil and gas exploration company’s stock, valued at approximately $1,067,000.

Several other institutional investors also recently bought and sold shares of E. Royal Bank of Canada lifted its holdings in shares of ENI by 2.1% during the 1st quarter. Royal Bank of Canada now owns 69,243 shares of the oil and gas exploration company’s stock valued at $2,141,000 after purchasing an additional 1,420 shares during the last quarter. AQR Capital Management LLC increased its position in ENI by 3.4% during the 1st quarter. AQR Capital Management LLC now owns 15,260 shares of the oil and gas exploration company’s stock valued at $472,000 after buying an additional 495 shares in the last quarter. Cetera Investment Advisers raised its stake in ENI by 8.4% in the second quarter. Cetera Investment Advisers now owns 11,232 shares of the oil and gas exploration company’s stock valued at $364,000 after buying an additional 870 shares during the last quarter. JPMorgan Chase & Co. raised its stake in ENI by 60.7% in the second quarter. JPMorgan Chase & Co. now owns 45,348 shares of the oil and gas exploration company’s stock valued at $1,470,000 after buying an additional 17,133 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in ENI by 60.7% in the second quarter. Russell Investments Group Ltd. now owns 15,437 shares of the oil and gas exploration company’s stock worth $500,000 after acquiring an additional 5,831 shares in the last quarter. 1.18% of the stock is currently owned by institutional investors and hedge funds.

ENI Stock Down 1.9%

ENI stock opened at $54.51 on Tuesday. 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 business’s 50-day simple moving average is $50.59 and its two-hundred day simple moving average is $49.87. The company has a market cap of $92.01 billion, a PE ratio of 13.94, a PEG ratio of 0.26 and a beta of 0.39. Eni SpA has a fifty-two week low of $33.86 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 for the quarter, beating analysts’ consensus estimates of $1.66 by $0.10. ENI had a return on equity of 11.48% and a net margin of 6.51%.The business had revenue of $25.87 billion for the quarter, compared to analyst estimates of $27.93 billion. Equities analysts anticipate that Eni SpA will post 5.56 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on E shares. Rothschild & Co Redburn upgraded ENI from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 9th. BNP Paribas Exane raised shares of ENI from a “neutral” rating to an “outperform” rating and set a $64.30 price objective for the company in a research report on Friday, April 17th. Royal Bank Of Canada lifted their target price on shares of ENI from $24.00 to $28.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 9th. Erste Group Bank downgraded shares of ENI from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Finally, Zacks Research lowered shares of ENI from a “hold” rating to a “strong sell” rating in a research note on Friday, July 10th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $42.30.

About ENI

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.