Erste Group Bank Has Negative Outlook of ENI FY2026 Earnings

Eni SpA (NYSE:E) – Erste Group Bank lowered their FY2026 earnings per share (EPS) estimates for shares of ENI in a research note issued on Wednesday, July 15th. Erste Group Bank analyst H. Engel now expects that the oil and gas exploration company will post earnings per share of $5.65 for the year, down from their previous forecast of $5.78. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for ENI’s current full-year earnings is $5.06 per share. Erste Group Bank also issued estimates for ENI’s FY2027 earnings at $5.38 EPS.

ENI (NYSE:E) last released its earnings results on Tuesday, March 31st. The oil and gas exploration company reported $0.79 earnings per share (EPS) for the quarter. The business had revenue of $23.22 billion for the quarter. ENI had a return on equity of 9.21% and a net margin of 3.37%.

Other equities research analysts also recently issued research reports about the company. Weiss Ratings downgraded ENI from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday. Royal Bank Of Canada boosted their target price on shares of ENI from $24.00 to $28.00 and gave the stock a “sector perform” rating in a report on Thursday, April 9th. Zacks Research lowered shares of ENI from a “hold” rating to a “strong sell” rating in a research report on Friday, July 10th. Rothschild & Co Redburn upgraded shares of ENI from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 9th. Finally, BNP Paribas Exane raised shares of ENI from a “neutral” rating to an “outperform” rating and set a $64.30 price objective for the company in a research report on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $42.30.

ENI Stock Up 3.5%

NYSE:E opened at $49.72 on Friday. The firm has a market capitalization of $83.92 billion, a price-to-earnings ratio of 28.57, a price-to-earnings-growth ratio of 0.27 and a beta of 0.40. ENI has a twelve month low of $32.85 and a twelve month high of $58.00. The stock’s 50 day moving average price is $51.24 and its two-hundred day moving average price is $48.67. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 0.40.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in E. Royal Bank of Canada lifted its holdings 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 valued at $2,141,000 after purchasing an additional 1,420 shares during the last quarter. AQR Capital Management LLC boosted its position in ENI by 3.4% during 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 purchasing an additional 495 shares during the period. Cetera Investment Advisers increased its holdings in shares of ENI by 8.4% in the second quarter. Cetera Investment Advisers now owns 11,232 shares of the oil and gas exploration company’s stock valued at $364,000 after purchasing an additional 870 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of ENI by 60.7% in the second quarter. JPMorgan Chase & Co. now owns 45,348 shares of the oil and gas exploration company’s stock valued at $1,470,000 after purchasing an additional 17,133 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its position in shares of ENI by 60.7% in the second quarter. Russell Investments Group Ltd. now owns 15,437 shares of the oil and gas exploration company’s stock valued at $500,000 after purchasing an additional 5,831 shares during the period. 1.18% of the stock is currently owned by institutional investors.

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.