Shares of ENI S.p.A. (NYSE:E) have been given an average recommendation of “Hold” by the fourteen brokerages that are currently covering the firm, Marketbeat reports. Four research analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company.

E has been the topic of several research reports. Zacks Investment Research lowered shares of ENI S.p.A. from a “buy” rating to a “hold” rating in a research note on Wednesday. BidaskClub upgraded shares of ENI S.p.A. from a “sell” rating to a “hold” rating in a research report on Friday, August 4th. Credit Suisse Group cut shares of ENI S.p.A. from an “outperform” rating to a “neutral” rating in a research report on Thursday, August 3rd. Societe Generale reiterated a “buy” rating on shares of ENI S.p.A. in a report on Wednesday, July 26th. Finally, Macquarie cut shares of ENI S.p.A. from an “outperform” rating to a “neutral” rating in a report on Wednesday, June 21st.

Hedge funds have recently modified their holdings of the company. Checchi Capital Advisers LLC boosted its stake in shares of ENI S.p.A. by 3.3% in the first quarter. Checchi Capital Advisers LLC now owns 10,171 shares of the oil and gas exploration company’s stock worth $333,000 after buying an additional 329 shares during the last quarter. M&T Bank Corp boosted its stake in shares of ENI S.p.A. by 2.0% in the first quarter. M&T Bank Corp now owns 22,159 shares of the oil and gas exploration company’s stock worth $725,000 after buying an additional 437 shares during the last quarter. KCG Holdings Inc. increased its stake in shares of ENI S.p.A. by 5.4% in the first quarter. KCG Holdings Inc. now owns 9,759 shares of the oil and gas exploration company’s stock valued at $319,000 after buying an additional 502 shares during the period. CIBC World Markets Inc. increased its stake in shares of ENI S.p.A. by 0.3% in the first quarter. CIBC World Markets Inc. now owns 205,309 shares of the oil and gas exploration company’s stock valued at $6,720,000 after buying an additional 607 shares during the period. Finally, Eagle Asset Management Inc. increased its stake in shares of ENI S.p.A. by 11.0% in the second quarter. Eagle Asset Management Inc. now owns 10,090 shares of the oil and gas exploration company’s stock valued at $303,000 after buying an additional 996 shares during the period. Hedge funds and other institutional investors own 1.69% of the company’s stock.

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Shares of ENI S.p.A. (NYSE:E) traded down 0.22% during mid-day trading on Friday, hitting $31.52. The stock had a trading volume of 148,047 shares. The stock has a market cap of $57.38 billion, a P/E ratio of 63.55 and a beta of 0.77. The company’s 50 day moving average price is $30.79 and its 200 day moving average price is $31.44. ENI S.p.A. has a 12-month low of $26.15 and a 12-month high of $34.62.

ENI S.p.A. (NYSE:E) last posted its quarterly earnings data on Friday, July 28th. The oil and gas exploration company reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.18. The company had revenue of $17.20 billion during the quarter. ENI S.p.A. had a net margin of 1.14% and a return on equity of 2.23%. Equities research analysts predict that ENI S.p.A. will post $2.29 EPS for the current fiscal year.

The firm also recently announced a None dividend, which will be paid on Friday, October 6th. Investors of record on Tuesday, September 19th will be issued a dividend of $0.676 per share. This represents a yield of 5.86%. The ex-dividend date of this dividend is Monday, September 18th. ENI S.p.A.’s payout ratio is 309.76%.

ENI S.p.A. Company Profile

Eni SpA (Eni) is an Italy-based company engaged in the exploration, development and production of hydrocarbons, in the supply and marketing of gas, liquefied natural gas (LNG) and power, in the refining and marketing of petroleum products, in the production and marketing of basic petrochemicals, plastics and elastomers and in commodity trading.

Analyst Recommendations for ENI S.p.A. (NYSE:E)

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