ENI (NYSE:E) Upgraded to Buy at Wall Street Zen

ENI (NYSE:E) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.

Several other brokerages also recently commented on E. Citigroup reiterated a “neutral” rating on shares of ENI in a report on Tuesday, November 4th. Barclays reiterated an “overweight” rating on shares of ENI in a research report on Friday, December 12th. Weiss Ratings restated a “hold (c)” rating on shares of ENI in a report on Wednesday, January 21st. Erste Group Bank raised shares of ENI to a “strong-buy” rating in a research note on Wednesday, February 18th. Finally, Zacks Research cut shares of ENI from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $34.60.

ENI Stock Up 2.8%

Shares of E opened at $46.81 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.16 and a debt-to-equity ratio of 0.37. ENI has a 1 year low of $24.65 and a 1 year high of $46.95. The business’s 50 day simple moving average is $40.52 and its 200-day simple moving average is $37.61.

ENI (NYSE:E) last announced its quarterly earnings results on Thursday, February 26th. The oil and gas exploration company reported $0.87 earnings per share 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 9.22%. The company had revenue of $24.33 billion for the quarter, compared to analysts’ expectations of $19.45 billion. Equities research analysts anticipate that ENI will post 3.74 EPS for the current year.

Institutional Trading of ENI

A number of institutional investors have recently made changes to their positions in E. Royal Bank of Canada grew its stake in ENI by 2.1% during the 1st quarter. Royal Bank of Canada now owns 69,243 shares of the oil and gas exploration company’s stock worth $2,141,000 after buying an additional 1,420 shares during the last quarter. AQR Capital Management LLC boosted its holdings in ENI by 3.4% in the first quarter. AQR Capital Management LLC now owns 15,260 shares of the oil and gas exploration company’s stock worth $472,000 after acquiring an additional 495 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in ENI by 3.0% in the second quarter. Oppenheimer Asset Management Inc. now owns 11,284 shares of the oil and gas exploration company’s stock worth $366,000 after acquiring an additional 326 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in shares of ENI by 100.0% during the second quarter. Nisa Investment Advisors LLC now owns 1,500 shares of the oil and gas exploration company’s stock worth $49,000 after acquiring an additional 750 shares during the last quarter. Finally, Bessemer Group Inc. increased its holdings in shares of ENI by 65.1% during the second quarter. Bessemer Group Inc. now owns 5,620 shares of the oil and gas exploration company’s stock valued at $182,000 after acquiring an additional 2,215 shares in the last quarter. 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: Q4 beat and strong revenue: Eni reported $0.87 EPS vs. $0.78 expected and revenue of $24.3B vs. $19.45B consensus, signaling upside to analyst estimates and supporting near‑term earnings momentum. MarketBeat Press Release
• Positive Sentiment: Production and profits rising: Adjusted net profit jumped ~35% year/year and oil & gas production rose >7%, driven by six new projects — supports cash generation and upstream outlook. Reuters: 35% rise
• Positive Sentiment: Strategic progress and capital returns: Management highlighted 4% production growth in 2025, >160% reserves replacement, near‑100% exploration success, a major JV with Petronas, Plenitude renewables expansion and increased buybacks funded by capex efficiency — a multi‑pronged value‑creation story. Seeking Alpha: Strategic Progress
• Positive Sentiment: Venezuela exposure eased: With U.S. sanctions relaxed, Eni can now accept oil as payment for gas and is exploring JVs with U.S. firms — this unlocks previously trapped receivables and potential incremental barrels. Reuters: Venezuela payment
• Neutral Sentiment: Earnings call transcript available for detail: The Q4 earnings call transcript provides management color on production drivers, capex guidance and buyback sizing — useful for modeling but not new headline news. Seeking Alpha: Earnings Transcript
• Neutral Sentiment: Local/regulatory watch — Cyprus meeting: Eni’s CEO met Cyprus leadership on the Kronos project decision, a local permit/regulatory outcome to monitor for regional project timing but currently unresolved. Cyprus Mail: Kronos meeting

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.