Vestmark Advisory Solutions Inc. reduced its position in shares of Eni SpA (NYSE:E – Free Report) by 75.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,137 shares of the oil and gas exploration company’s stock after selling 18,611 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in ENI were worth $214,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently modified their holdings of E. Bessemer Group Inc. raised its stake in shares of ENI by 5.1% during the third quarter. Bessemer Group Inc. now owns 5,904 shares of the oil and gas exploration company’s stock worth $206,000 after buying an additional 284 shares during the last quarter. DAVENPORT & Co LLC raised its position in shares of ENI by 2.8% during the 3rd quarter. DAVENPORT & Co LLC now owns 10,667 shares of the oil and gas exploration company’s stock valued at $373,000 after acquiring an additional 294 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its position in shares of ENI by 3.0% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 11,284 shares of the oil and gas exploration company’s stock worth $366,000 after purchasing an additional 326 shares during the last quarter. Checchi Capital Advisers LLC increased its holdings in ENI by 3.6% in the third quarter. Checchi Capital Advisers LLC now owns 10,970 shares of the oil and gas exploration company’s stock valued at $383,000 after purchasing an additional 377 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in ENI by 2.4% in the third quarter. Blue Trust Inc. now owns 16,834 shares of the oil and gas exploration company’s stock valued at $588,000 after buying an additional 400 shares during the period. Institutional investors own 1.18% of the company’s stock.
ENI News Roundup
Here are the key news stories impacting ENI this week:
- Positive Sentiment: Q4 beat and strong revenue: Eni reported $0.87 EPS vs. $0.78 expected and revenue of $24.3B vs. $19.45B consensus, signaling upside to analyst estimates and supporting near‑term earnings momentum. MarketBeat Press Release
- Positive Sentiment: Production and profits rising: Adjusted net profit jumped ~35% year/year and oil & gas production rose >7%, driven by six new projects — supports cash generation and upstream outlook. Reuters: 35% rise
- Positive Sentiment: Strategic progress and capital returns: Management highlighted 4% production growth in 2025, >160% reserves replacement, near‑100% exploration success, a major JV with Petronas, Plenitude renewables expansion and increased buybacks funded by capex efficiency — a multi‑pronged value‑creation story. Seeking Alpha: Strategic Progress
- Positive Sentiment: Venezuela exposure eased: With U.S. sanctions relaxed, Eni can now accept oil as payment for gas and is exploring JVs with U.S. firms — this unlocks previously trapped receivables and potential incremental barrels. Reuters: Venezuela payment
- Neutral Sentiment: Earnings call transcript available for detail: The Q4 earnings call transcript provides management color on production drivers, capex guidance and buyback sizing — useful for modeling but not new headline news. Seeking Alpha: Earnings Transcript
- Neutral Sentiment: Local/regulatory watch — Cyprus meeting: Eni’s CEO met Cyprus leadership on the Kronos project decision, a local permit/regulatory outcome to monitor for regional project timing but currently unresolved. Cyprus Mail: Kronos meeting
ENI Stock Up 2.8%
ENI (NYSE:E – Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The oil and gas exploration company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.09. The firm had revenue of $24.33 billion for the quarter, compared to the consensus estimate of $19.45 billion. ENI had a return on equity of 9.22% and a net margin of 3.07%. As a group, equities research analysts predict that Eni SpA will post 3.74 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
E has been the subject of several analyst reports. JPMorgan Chase & Co. lowered ENI from an “overweight” rating to an “underweight” rating in a research report on Friday, December 5th. Zacks Research lowered shares of ENI from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 21st. Jefferies Financial Group reissued a “buy” rating on shares of ENI in a research report on Thursday, January 8th. UBS Group upgraded shares of ENI from a “neutral” rating to a “buy” rating in a research report on Tuesday, November 25th. Finally, Citigroup reiterated a “neutral” rating on shares of ENI in a report on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $34.60.
View Our Latest Research Report on E
ENI Profile
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.
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