XY Capital Ltd Invests $769,000 in Eni SpA $E

XY Capital Ltd bought a new position in shares of Eni SpA (NYSE:E) in the 1st quarter, HoldingsChannel reports. The institutional investor bought 13,582 shares of the oil and gas exploration company’s stock, valued at approximately $769,000. ENI accounts for about 0.8% of XY Capital Ltd’s portfolio, making the stock its 28th biggest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in E. Natixis Advisors LLC boosted its holdings in ENI by 5.3% in the fourth quarter. Natixis Advisors LLC now owns 3,279,164 shares of the oil and gas exploration company’s stock valued at $124,411,000 after purchasing an additional 165,454 shares during the last quarter. Capital Wealth Planning LLC raised its stake in shares of ENI by 109.7% during the 4th quarter. Capital Wealth Planning LLC now owns 306,408 shares of the oil and gas exploration company’s stock valued at $11,962,000 after buying an additional 160,324 shares during the last quarter. Arosa Capital Management LP purchased a new position in shares of ENI during the 4th quarter valued at about $4,173,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of ENI by 16,704.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 92,422 shares of the oil and gas exploration company’s stock valued at $3,506,000 after buying an additional 91,872 shares during the period. Finally, LFG Wealth Partners LLC purchased a new stake in shares of ENI in the fourth quarter worth about $2,975,000. 1.18% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently commented on E. Weiss Ratings lowered ENI from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday. Royal Bank Of Canada boosted their price target on ENI from $24.00 to $28.00 and gave the company a “sector perform” rating in a report on Thursday, April 9th. Rothschild & Co Redburn upgraded ENI from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 9th. BNP Paribas Exane raised shares of ENI from a “neutral” rating to an “outperform” rating and set a $64.30 price objective on the stock in a research note on Friday, April 17th. Finally, Dbs Bank raised shares of ENI from a “hold” rating to a “moderate buy” rating in a report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $42.30.

ENI Price Performance

NYSE:E opened at $50.09 on Wednesday. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 0.40. Eni SpA has a 52 week low of $33.10 and a 52 week high of $58.00. The stock’s 50-day moving average price is $51.01 and its 200-day moving average price is $48.92. The stock has a market capitalization of $84.54 billion, a PE ratio of 28.79, a price-to-earnings-growth ratio of 0.27 and a beta of 0.40.

ENI (NYSE:E) last released its quarterly earnings results on Tuesday, March 31st. The oil and gas exploration company reported $0.79 earnings per share for the quarter. The company had revenue of $23.22 billion during the quarter. ENI had a return on equity of 9.21% and a net margin of 3.37%. As a group, equities analysts expect that Eni SpA will post 5.06 EPS 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.