13,985 Shares in Eni SpA $E Acquired by Syon Capital LLC

Syon Capital LLC bought a new position in shares of Eni SpA (NYSE:E) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 13,985 shares of the oil and gas exploration company’s stock, valued at approximately $489,000.

Several other institutional investors have also added to or reduced their stakes in E. JPMorgan Chase & Co. lifted its stake in ENI by 52.9% in the third quarter. JPMorgan Chase & Co. now owns 69,354 shares of the oil and gas exploration company’s stock worth $2,424,000 after purchasing an additional 24,006 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of ENI by 6.7% in the third quarter. PNC Financial Services Group Inc. now owns 35,247 shares of the oil and gas exploration company’s stock worth $1,232,000 after buying an additional 2,200 shares during the period. Cibc World Market Inc. boosted its position in ENI by 1.1% during the 3rd quarter. Cibc World Market Inc. now owns 132,363 shares of the oil and gas exploration company’s stock valued at $4,626,000 after buying an additional 1,440 shares during the period. Caprock Group LLC bought a new stake in shares of ENI in the third quarter worth about $961,000. Finally, Rhumbline Advisers grew its position in shares of ENI by 10.3% in the 3rd quarter. Rhumbline Advisers now owns 4,637 shares of the oil and gas exploration company’s stock worth $162,000 after buying an additional 433 shares during the last quarter. 1.18% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Barclays reiterated an “overweight” rating on shares of ENI in a research report on Friday, December 12th. Wall Street Zen cut ENI from a “buy” rating to a “hold” rating in a research note on Monday, January 12th. HSBC cut shares of ENI from a “buy” rating to a “hold” rating in a report on Tuesday, October 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of ENI in a research report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. downgraded ENI from an “overweight” rating to an “underweight” rating in a report on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $34.60.

ENI Stock Performance

NYSE E opened at $44.14 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 SpA has a twelve month low of $24.65 and a twelve month high of $44.20. The business has a 50-day moving average price of $39.71 and a 200-day moving average price of $37.26.

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.