ENI (NYSE:E) Upgraded to Strong-Buy at Zacks Research

Zacks Research upgraded shares of ENI (NYSE:E) from a hold rating to a strong-buy rating in a research note issued to investors on Wednesday,Zacks reports.

A number of other equities analysts have also recently commented on the stock. Erste Group Bank cut shares of ENI from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Weiss Ratings lowered shares of ENI from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, August 18th. Finally, Wall Street Zen raised ENI from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $46.15.

ENI Stock Up 0.4%

Shares of NYSE E opened at $56.30 on Wednesday. The stock has a market capitalization of $95.03 billion, a P/E ratio of 14.40, a PEG ratio of 0.24 and a beta of 0.38. ENI has a one year low of $34.03 and a one year high of $58.00. The firm’s 50 day simple moving average is $52.81 and its two-hundred day simple moving average is $52.53. 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 (NYSE:E) last announced its quarterly earnings data on Tuesday, July 28th. The oil and gas exploration company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.66 by $0.10. ENI had a net margin of 6.51% and a return on equity of 11.27%. The firm had revenue of $25.87 billion during the quarter, compared to analyst estimates of $27.93 billion. As a group, analysts expect that ENI will post 6.03 EPS for the current fiscal year.

ENI Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Tuesday, September 22nd will be paid a dividend of $0.6276 per share. This represents a $2.51 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Tuesday, September 22nd. ENI’s dividend payout ratio is 44.25%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership bought a new stake in ENI in the first quarter valued at $63,334,000. Natixis Advisors LLC boosted its stake in shares of ENI by 5.3% during 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 purchasing an additional 165,454 shares in the last quarter. Capital Wealth Planning LLC boosted its stake in shares of ENI by 109.7% during the 4th quarter. Capital Wealth Planning LLC now owns 306,408 shares of the oil and gas exploration company’s stock valued at $11,962,000 after purchasing an additional 160,324 shares in the last quarter. Optiver Holding B.V. purchased a new position in shares of ENI during the first quarter valued at about $6,586,000. Finally, Arosa Capital Management LP bought a new position in ENI in the fourth quarter worth about $4,173,000. 1.18% of the stock is owned by hedge funds and other institutional investors.

More ENI News

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.