Crossmark Global Holdings Inc. Sells 19,918 Shares of Eni SpA $E

Crossmark Global Holdings Inc. reduced its holdings in shares of Eni SpA (NYSE:E) by 18.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 88,829 shares of the oil and gas exploration company’s stock after selling 19,918 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in ENI were worth $3,105,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of E. New York State Common Retirement Fund bought a new stake in shares of ENI during the 3rd quarter valued at $2,016,000. RD Lewis Holdings Inc. bought a new position in ENI in the 2nd quarter worth about $2,316,000. Trek Financial LLC bought a new position in ENI in the 3rd quarter worth about $4,128,000. Fisher Asset Management LLC grew its holdings in ENI by 25.2% during the 2nd quarter. Fisher Asset Management LLC now owns 143,622 shares of the oil and gas exploration company’s stock valued at $4,656,000 after buying an additional 28,926 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of ENI during the second quarter valued at about $3,982,000. 1.18% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on E. Weiss Ratings reissued a “hold (c)” rating on shares of ENI in a report on Wednesday, January 21st. Zacks Research raised shares of ENI from a “strong sell” rating to a “hold” rating in a research note on Monday, March 2nd. JPMorgan Chase & Co. raised shares of ENI from an “underweight” rating to an “overweight” rating in a report on Monday, March 2nd. Erste Group Bank upgraded shares of ENI to a “strong-buy” rating in a research note on Wednesday, February 18th. Finally, Wall Street Zen raised shares of ENI from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $34.60.

ENI Stock Performance

Shares of E opened at $47.78 on Friday. Eni SpA has a 12-month low of $24.65 and a 12-month high of $47.93. The company has a current ratio of 1.17, a quick ratio of 0.98 and a debt-to-equity ratio of 0.38. The company has a market cap of $80.65 billion, a PE ratio of 28.11 and a beta of 0.57. The stock has a 50-day moving average price of $41.44 and a 200-day moving average price of $38.05.

ENI (NYSE:E) last posted its quarterly earnings data on Thursday, February 26th. The oil and gas exploration company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.09. The company had revenue of $24.33 billion for the quarter, compared to analysts’ expectations of $19.45 billion. ENI had a net margin of 3.07% and a return on equity of 9.27%. As a group, equities analysts forecast that Eni SpA will post 3.74 earnings per share for the current fiscal year.

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.