ENI (NYSE:E) Stock Rating Upgraded by Zacks Research

ENI (NYSE:E) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Wednesday, Zacks reports.

E has been the topic of a number of other research reports. Wall Street Zen upgraded shares of ENI from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Weiss Ratings lowered shares of ENI from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, August 18th. Finally, Erste Group Bank cut ENI from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, ENI presently has an average rating of “Moderate Buy” and an average target price of $46.15.

ENI Stock Up 0.4%

NYSE:E opened at $56.30 on Wednesday. The firm’s 50-day moving average price is $52.81 and its 200-day moving average price is $52.53. The company has a market capitalization of $95.03 billion, a PE ratio of 14.40, a P/E/G ratio of 0.24 and a beta of 0.38. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.23 and a quick ratio of 1.05. ENI has a 1-year low of $34.03 and a 1-year high of $58.00.

ENI (NYSE:E) last issued its quarterly earnings results on Tuesday, July 28th. 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. ENI had a net margin of 6.51% and a return on equity of 11.27%. The company had revenue of $25.87 billion during the quarter, compared to analyst estimates of $27.93 billion. On average, equities analysts predict that ENI will post 6.03 EPS for the current fiscal year.

Institutional Trading of ENI

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC lifted its stake in shares of ENI by 83.9% in the second quarter. Integrated Wealth Concepts LLC now owns 8,321 shares of the oil and gas exploration company’s stock worth $390,000 after buying an additional 3,797 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of ENI by 23,909.6% during the second quarter. NewEdge Advisors LLC now owns 12,485 shares of the oil and gas exploration company’s stock valued at $585,000 after acquiring an additional 12,433 shares in the last quarter. IFP Advisors Inc increased its position in shares of ENI by 111.2% during the second quarter. IFP Advisors Inc now owns 659 shares of the oil and gas exploration company’s stock valued at $31,000 after acquiring an additional 347 shares in the last quarter. HB Wealth Management LLC raised its holdings in ENI by 18.8% in the 2nd quarter. HB Wealth Management LLC now owns 6,193 shares of the oil and gas exploration company’s stock worth $290,000 after acquiring an additional 982 shares during the last quarter. Finally, Oakmont Investment Advisors Inc. purchased a new position in ENI in the 2nd quarter worth approximately $394,000. 1.18% of the stock is currently owned by institutional investors.

ENI News Roundup

Here are the key news stories impacting ENI this week:

• Positive Sentiment: Zacks upgraded Eni from “Hold” to “Strong Buy,” providing the most direct positive catalyst and potentially attracting additional momentum-oriented investors.
• Positive Sentiment: Erste Group Bank raised its FY2026 EPS forecast to $6.18 from $6.12 and its FY2027 estimate to $5.67 from $5.59. Although Erste retained a “Hold” rating, the upward revisions suggest better expected profitability and compare favorably with the current-year consensus estimate of $6.03 per share.
• Positive Sentiment: Eni was added to Zacks’ Rank #1 “Strong Buy” lists for value, income and new Strong Buy stocks. The combination of valuation, income and momentum appeal may broaden interest among different investor groups. Best Value Stocks to Buy for September 10th
• Positive Sentiment: Eni and Vitol reportedly moved closer to finalizing petroleum agreements for two Ghanaian blocks. If completed, the agreements could support Eni’s future exploration and production portfolio, though financial details and timing remain unclear. Eni, Vitol move closer to finalising petroleum agreements for two Ghanaian blocks

ENI Company Profile

Eni S.p.A. is an Italian integrated energy company headquartered in Rome. Founded in 1953, the company operates across the energy value chain, including the exploration, development and production of oil and natural gas, as well as natural gas marketing and liquefied natural gas activities.

Eni also operates refining and chemicals businesses and has expanded into lower-carbon energy and related services. Through businesses such as Plenitude and Enilive, it provides renewable power, energy retail, electric-vehicle charging, mobility services, biofuels and other products designed to support the energy transition.