ENI (NYSE:E) Shares Cross Above 200 Day Moving Average – Time to Sell?

04 Oct 2026, 09:00 by Teresa Graham · The Cerbat Gem

Shares of Eni SpA (NYSE:E – Get Free Report) crossed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $53.35 and traded as high as $55.01. ENI shares last traded at $54.73, with a volume of 365,458 shares trading hands.

Analysts Set New Price Targets

A number of research firms have weighed in on E. Wall Street Zen upgraded ENI from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Zacks Research upgraded ENI from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 9th. UBS Group set a $90.00 price objective on ENI in a research report on Friday, September 25th. Erste Group Bank lowered ENI from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Finally, HSBC reiterated a “hold” rating on shares of ENI in a report on Friday, September 25th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $60.77.

Check Out Our Latest Report on ENI

ENI Stock Up 0.6%

The company’s fifty day simple moving average is $54.68 and its 200-day simple moving average is $53.35. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.23 and a quick ratio of 1.05. The firm has a market capitalization of $92.38 billion, a PE ratio of 14.00, a price-to-earnings-growth ratio of 0.23 and a beta of 0.44.

ENI (NYSE:E – Get Free Report) 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 analysts’ consensus estimates of $1.66 by $0.10. The business had revenue of $25.87 billion for the quarter, compared to the consensus estimate of $27.93 billion. ENI had a return on equity of 11.27% and a net margin of 6.51%. On average, analysts forecast that Eni SpA will post 6.29 EPS for the current year.

ENI Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Tuesday, September 22nd will be paid a $0.6276 dividend. This represents a $2.51 dividend on an annualized basis and a yield of 4.6%. This is a drop from ENI’s previous quarterly dividend of $0.6313. The ex-dividend date is Tuesday, September 22nd. ENI’s dividend payout ratio (DPR) is 44.50%.

Institutional Investors Weigh In On ENI

A number of large investors have recently modified their holdings of the business. Sei Investments Co. increased its stake in shares of ENI by 1.7% during the first quarter. Sei Investments Co. now owns 12,011 shares of the oil and gas exploration company’s stock worth $680,000 after purchasing an additional 204 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in ENI by 2.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 7,401 shares of the oil and gas exploration company’s stock valued at $419,000 after buying an additional 210 shares in the last quarter. Checchi Capital Advisers LLC lifted its stake in ENI by 2.0% in the 1st quarter. Checchi Capital Advisers LLC now owns 11,071 shares of the oil and gas exploration company’s stock valued at $627,000 after buying an additional 213 shares in the last quarter. Gallacher Capital Management LLC boosted its holdings in ENI by 1.2% in the 1st quarter. Gallacher Capital Management LLC now owns 21,356 shares of the oil and gas exploration company’s stock worth $1,209,000 after buying an additional 254 shares during the last quarter. Finally, IFP Advisors Inc boosted its holdings in ENI by 111.2% in the 2nd quarter. IFP Advisors Inc now owns 659 shares of the oil and gas exploration company’s stock worth $31,000 after buying an additional 347 shares during the last quarter. Hedge funds and other institutional investors own 1.18% of the company’s stock.

ENI Company Profile

(Get Free Report)

Eni S.p.A. is an Italian integrated energy company headquartered in Rome. Established in 1953, the company operates across the energy value chain, with activities spanning oil and natural gas exploration and production, natural gas and liquefied natural gas, refining, chemicals, power generation and energy retail.