Advisors Asset Management Inc. raised its stake in shares of ENI S.p.A. (NYSE:E) by 34.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 87,546 shares of the oil and gas exploration company’s stock after buying an additional 22,276 shares during the quarter. Advisors Asset Management Inc.’s holdings in ENI S.p.A. were worth $2,895,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Oppenheimer Asset Management Inc. raised its stake in ENI S.p.A. by 10.4% during the second quarter. Oppenheimer Asset Management Inc. now owns 172,181 shares of the oil and gas exploration company’s stock valued at $5,176,000 after buying an additional 16,275 shares during the last quarter. Macquarie Group Ltd. raised its stake in ENI S.p.A. by 16.4% during the second quarter. Macquarie Group Ltd. now owns 2,871,258 shares of the oil and gas exploration company’s stock valued at $86,310,000 after buying an additional 405,222 shares during the last quarter. Crossmark Global Holdings Inc. purchased a new position in ENI S.p.A. during the third quarter valued at $3,667,000. First Trust Advisors LP purchased a new position in ENI S.p.A. during the second quarter valued at $415,000. Finally, Goldman Sachs Group Inc. raised its stake in shares of ENI S.p.A. by 17.6% in the second quarter. Goldman Sachs Group Inc. now owns 366,764 shares of the oil and gas exploration company’s stock worth $11,025,000 after purchasing an additional 54,997 shares during the last quarter. Institutional investors and hedge funds own 1.68% of the company’s stock.

ENI S.p.A. (NYSE:E) opened at $32.96 on Friday. ENI S.p.A. has a one year low of $26.37 and a one year high of $34.62. The company has a quick ratio of 1.10, a current ratio of 1.27 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $59,964.07, a price-to-earnings ratio of 29.20 and a beta of 0.82.

ENI S.p.A. (NYSE:E) last posted its quarterly earnings results on Friday, October 27th. The oil and gas exploration company reported $0.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by ($0.07). ENI S.p.A. had a return on equity of 3.69% and a net margin of 2.50%. The business had revenue of $18.42 billion during the quarter. research analysts expect that ENI S.p.A. will post 1.28 EPS for the current fiscal year.

E has been the subject of several recent analyst reports. Citigroup Inc. restated a “buy” rating on shares of ENI S.p.A. in a research note on Wednesday, August 30th. upgraded ENI S.p.A. from a “hold” rating to a “buy” rating in a research note on Tuesday, November 7th. Goldman Sachs Group Inc restated a “buy” rating on shares of ENI S.p.A. in a research note on Monday, October 2nd. Barclays PLC cut ENI S.p.A. from an “equal weight” rating to an “underweight” rating and set a $16.00 price target for the company. in a research note on Monday, August 21st. Finally, BidaskClub cut ENI S.p.A. from a “hold” rating to a “sell” rating in a research note on Thursday, August 17th. Five research analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company’s stock. ENI S.p.A. presently has a consensus rating of “Hold” and an average target price of $16.00.

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ENI S.p.A. Profile

Eni SpA (Eni) is an Italy-based company engaged in the exploration, development and production of hydrocarbons, in the supply and marketing of gas, liquefied natural gas (LNG) and power, in the refining and marketing of petroleum products, in the production and marketing of basic petrochemicals, plastics and elastomers and in commodity trading.

Institutional Ownership by Quarter for ENI S.p.A. (NYSE:E)

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