ENI (NYSE:E) Upgraded to “Strong-Buy” at Rothschild & Co Redburn
by Tristan Rich · The Markets DailyRothschild & Co Redburn upgraded shares of ENI (NYSE:E – Free Report) from a hold rating to a strong-buy rating in a research note issued to investors on Thursday morning,Zacks.com reports.
A number of other research firms have also issued reports on E. Jefferies Financial Group restated a “buy” rating on shares of ENI in a report on Thursday, January 8th. JPMorgan Chase & Co. upgraded shares of ENI from an “underweight” rating to an “overweight” rating in a report on Monday, March 2nd. Weiss Ratings restated a “hold (c)” rating on shares of ENI in a report on Wednesday, January 21st. Wall Street Zen lowered shares of ENI from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. Finally, Zacks Research upgraded shares of ENI from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st. Three investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, ENI has an average rating of “Moderate Buy” and an average price target of $31.30.
Get Our Latest Analysis on ENI
ENI Price Performance
E stock opened at $55.76 on Thursday. ENI has a one year low of $25.27 and a one year high of $58.00. The firm has a 50-day moving average of $48.70 and a two-hundred day moving average of $41.13. The firm has a market capitalization of $94.11 billion, a PE ratio of 32.80, a P/E/G ratio of 0.26 and a beta of 0.44. The company has a current ratio of 1.19, a quick ratio of 1.04 and a debt-to-equity ratio of 0.38.
ENI (NYSE:E – Get Free Report) last released its earnings results on Saturday, February 14th. The oil and gas exploration company reported $0.02 earnings per share for the quarter. ENI had a net margin of 3.07% and a return on equity of 9.27%. The business had revenue of $24.64 billion for the quarter. On average, analysts forecast that ENI will post 3.74 earnings per share for the current year.
ENI Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Tuesday, March 24th were paid a $0.6137 dividend. The ex-dividend date was Tuesday, March 24th. This represents a $2.45 annualized dividend and a yield of 4.4%. This is a boost from ENI’s previous quarterly dividend of $0.58. ENI’s dividend payout ratio (DPR) is currently 97.65%.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the stock. Larry Mathis Financial Planning LLC acquired a new position in ENI in the 4th quarter valued at approximately $268,000. Corient Private Wealth LLC increased its stake in ENI by 4.0% in the 4th quarter. Corient Private Wealth LLC now owns 55,003 shares of the oil and gas exploration company’s stock valued at $2,087,000 after buying an additional 2,117 shares during the period. Compound Planning Inc. increased its stake in ENI by 7.3% in the 4th quarter. Compound Planning Inc. now owns 10,667 shares of the oil and gas exploration company’s stock valued at $405,000 after buying an additional 724 shares during the period. EP Wealth Advisors LLC acquired a new position in ENI in the 4th quarter valued at approximately $275,000. Finally, Inspire Investing LLC increased its stake in ENI by 6.6% in the 4th quarter. Inspire Investing LLC now owns 7,961 shares of the oil and gas exploration company’s stock valued at $302,000 after buying an additional 493 shares during the period. Institutional investors and hedge funds own 1.18% of the company’s stock.
More ENI News
Here are the key news stories impacting ENI this week:
- Positive Sentiment: Major new upstream targets: Libya announced new oil and gas discoveries involving Eni alongside Repsol and Sonatrach — a near‑term production upside and strategic presence boost in North Africa if appraisal/development proceeds. Libya unveils oil and gas discoveries with Eni, Repsol, and Sonatrach
- Positive Sentiment: Material Egypt gas find: Eni reported ~2 Tcf of gas in the Temsah concession offshore Egypt, described as fast‑track development potential — that raises near/medium‑term production and cash‑flow prospects. Eni finds 2 Tcf gas offshore Egypt
- Positive Sentiment: Political/board continuity: Italy’s government confirmed Eni CEO Claudio Descalzi will remain in place (Meloni reappointed Eni’s head) — reduces governance uncertainty and supports execution of ongoing projects. Italy proposes Mariani as Leonardo CEO, confirms Eni’s Descalzi
- Positive Sentiment: Analyst model lifts: Erste Group increased FY2026/27 EPS forecasts and maintains a “Strong‑Buy” stance, implying analysts see higher earnings power than consensus — supportive for long‑term valuation. MarketBeat summary of analyst changes
- Neutral Sentiment: Investor commentary: A Seeking Alpha piece outlines historical gains and potential upside from here — useful for sentiment but primarily opinion rather than news that changes fundamentals. Eni Returned Over 100% Since My Buy Call
- Neutral Sentiment: Talent & outreach: Eni is promoting energy training and graduate programs — positive for long‑term talent pipeline but not immediate earnings relevant. Energy training promoted by Eni
- Negative Sentiment: Contrarian analyst target: Benzinga cites an RBC note raising its internal target to $28 (still implying a large downside vs. current levels) and keeps a “sector perform” stance — could weigh on sentiment given the gap between sell‑side targets. Benzinga coverage of RBC target
- Negative Sentiment: Sector headwinds: Macro/geopolitical easing (tentative U.S.–Iran ceasefire) has reduced the energy risk premium and led some analysts to warn the sector is overbought — a potential short‑term cap on multiple expansion for Eni. Market commentary on energy being overbought
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.