57,683 Shares in Eni SpA $E Acquired by Integrated Quantitative Investments LLC

Integrated Quantitative Investments LLC purchased a new stake in shares of Eni SpA (NYSE:E) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 57,683 shares of the oil and gas exploration company’s stock, valued at approximately $2,016,000. ENI comprises approximately 0.6% of Integrated Quantitative Investments LLC’s investment portfolio, making the stock its 22nd largest holding.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Royal Bank of Canada grew its stake in ENI by 2.1% in 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 buying an additional 1,420 shares during the last quarter. AQR Capital Management LLC increased its position in ENI by 3.4% in the 1st quarter. AQR Capital Management LLC now owns 15,260 shares of the oil and gas exploration company’s stock worth $472,000 after buying an additional 495 shares during the period. Nisa Investment Advisors LLC lifted its holdings 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 buying an additional 750 shares during the last quarter. Simon Quick Advisors LLC bought a new stake in shares of ENI in the second quarter valued at approximately $209,000. Finally, NewSquare Capital LLC grew its stake in shares of ENI by 179.3% in the second quarter. NewSquare Capital LLC now owns 916 shares of the oil and gas exploration company’s stock worth $30,000 after acquiring an additional 588 shares during the last quarter. 1.18% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Zacks Research upgraded shares of ENI from a “strong sell” rating to a “hold” rating in a research note on Monday. Erste Group Bank raised ENI to a “strong-buy” rating in a research report on Wednesday, February 18th. Weiss Ratings restated a “hold (c)” rating on shares of ENI in a research note on Wednesday, January 21st. Barclays reiterated an “overweight” rating on shares of ENI in a research report on Friday, December 12th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of ENI in a report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $34.60.

ENI Stock Up 1.1%

Shares of E opened at $46.77 on Thursday. The stock has a 50 day simple moving average of $41.06 and a 200-day simple moving average of $37.88. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.16 and a quick ratio of 0.98. Eni SpA has a 1 year low of $24.65 and a 1 year high of $47.80.

ENI (NYSE:E) last released its quarterly earnings data on Thursday, February 26th. The oil and gas exploration company reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.09. ENI had a return on equity of 9.22% and a net margin of 3.07%.The firm had revenue of $24.33 billion during the quarter, compared to analyst estimates of $19.45 billion. As a group, equities research analysts expect that Eni SpA will post 3.74 earnings per share for the current fiscal year.

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.