Natixis Advisors LLC Purchases 192,646 Shares of Eni SpA $E

Natixis Advisors LLC boosted its holdings in Eni SpA (NYSE:E) by 6.6% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 3,113,710 shares of the oil and gas exploration company’s stock after buying an additional 192,646 shares during the period. Natixis Advisors LLC’s holdings in ENI were worth $108,824,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. American Century Companies Inc. lifted its position in shares of ENI by 33.2% in the third quarter. American Century Companies Inc. now owns 636,891 shares of the oil and gas exploration company’s stock valued at $22,259,000 after acquiring an additional 158,699 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of ENI during the second quarter worth about $3,982,000. Trek Financial LLC purchased a new stake in shares of ENI during the third quarter worth about $4,128,000. RD Lewis Holdings Inc. bought a new stake in ENI during the 2nd quarter valued at approximately $2,316,000. Finally, Quantinno Capital Management LP raised its stake in ENI by 44.9% during the 2nd quarter. Quantinno Capital Management LP now owns 202,792 shares of the oil and gas exploration company’s stock valued at $6,575,000 after purchasing an additional 62,834 shares during the period. 1.18% of the stock is owned by institutional investors.

ENI Trading Up 2.4%

E stock opened at $47.78 on Monday. The company has a quick ratio of 1.02, a current ratio of 1.17 and a debt-to-equity ratio of 0.38. Eni SpA has a twelve month low of $24.65 and a twelve month high of $47.93. The stock has a market capitalization of $80.65 billion, a price-to-earnings ratio of 28.11 and a beta of 0.57. The firm’s fifty day simple moving average is $41.44 and its two-hundred day simple moving average is $38.07.

ENI (NYSE:E) last released its earnings results on Thursday, February 26th. The oil and gas exploration company reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.09. ENI had a net margin of 3.07% and a return on equity of 9.27%. The firm had revenue of $24.33 billion during the quarter, compared to analyst estimates of $19.45 billion. As a group, analysts anticipate that Eni SpA will post 3.74 earnings per share for the current year.

Analyst Ratings Changes

E has been the subject of several recent analyst reports. Barclays restated an “overweight” rating on shares of ENI in a research note on Friday, December 12th. JPMorgan Chase & Co. upgraded shares of ENI from an “underweight” rating to an “overweight” rating in a research report on Monday, March 2nd. UBS Group raised shares of ENI from a “neutral” rating to a “buy” rating in a report on Tuesday, November 25th. Jefferies Financial Group restated a “buy” rating on shares of ENI in a research report on Thursday, January 8th. Finally, Erste Group Bank raised shares of ENI to a “strong-buy” rating in a research note on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $34.60.

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.