E has been the subject of a number of other research reports. Zacks Investment Research downgraded Eni SpA from a hold rating to a sell rating in a research report on Wednesday, September 14th. JPMorgan Chase & Co. reiterated a neutral rating on shares of Eni SpA in a research report on Thursday, July 21st. One analyst has rated the stock with a sell rating, ten have issued a hold rating and five have issued a buy rating to the stock. Eni SpA currently has a consensus rating of Hold and a consensus price target of $25.99.
Eni SpA (NYSE:E) opened at 30.17 on Wednesday. The company’s 50-day moving average price is $29.56 and its 200-day moving average price is $30.55. The company’s market capitalization is $56.07 billion. Eni SpA has a 52 week low of $24.73 and a 52 week high of $36.02.
The business also recently announced a dividend, which was paid on Friday, October 7th. Stockholders of record on Tuesday, September 20th were issued a $0.648 dividend. The ex-dividend date was Friday, September 16th. This is a boost from Eni SpA’s previous dividend of $0.64. Eni SpA’s dividend payout ratio is presently -19.75%.
Several institutional investors have recently modified their holdings of the company. JFS Wealth Advisors LLC boosted its stake in Eni SpA by 10.3% in the second quarter. JFS Wealth Advisors LLC now owns 4,598 shares of the oil and gas exploration company’s stock worth $149,000 after buying an additional 428 shares in the last quarter. US Bancorp DE boosted its stake in Eni SpA by 1.0% in the second quarter. US Bancorp DE now owns 7,196 shares of the oil and gas exploration company’s stock worth $232,000 after buying an additional 73 shares in the last quarter. Connable Office Inc. acquired a new stake in Eni SpA during the second quarter worth $238,000. Brinker Capital Inc. acquired a new stake in Eni SpA during the second quarter worth $245,000. Finally, Advisor Group Inc. acquired a new stake in Eni SpA during the second quarter worth $248,000. 1.74% of the stock is owned by institutional investors and hedge funds.
About Eni SpA
Eni SpA (Eni) is engaged in oil and gas exploration, development and production, marketing of gas, electricity and liquefied natural gas (LNG), power generation, refining and marketing of petroleum products, production and marketing of petrochemical products and commodity trading. The Company’s segments include Exploration & Production, Gas & Power, and Refining & Marketing.
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