Erste Group Bank Brokers Increase Earnings Estimates for ENI

Key Points

• Erste Group Bank raised its FY2026 EPS estimate for ENI to $4.32 (from $4.29) and maintains a "Strong-Buy" rating, also forecasting FY2027 EPS of $4.80 versus a consensus full-year estimate of $3.74.
• ENI increased its quarterly dividend to $0.6137 (annualized $2.45), implying a 4.3% yield and a payout ratio of 97.65%, with the ex-dividend date March 24 and payment on April 8.
• The stock shows mixed analyst sentiment—MarketBeat lists an average rating of "Moderate Buy" with a consensus target of $34.60—while ENI was trading near $57.52 and has a market cap of about $97.1 billion.

Eni SpA (NYSE:E - Free Report) - Erste Group Bank boosted their FY2026 earnings per share estimates for ENI in a report issued on Thursday, April 2nd. Erste Group Bank analyst H. Engel now forecasts that the oil and gas exploration company will post earnings of $4.32 per share for the year, up from their prior forecast of $4.29. Erste Group Bank currently has a "Strong-Buy" rating on the stock. The consensus estimate for ENI's current full-year earnings is $3.74 per share. Erste Group Bank also issued estimates for ENI's FY2027 earnings at $4.80 EPS.

Several other equities analysts have also recently issued reports on E. Jefferies Financial Group reaffirmed a "buy" rating on shares of ENI in a report on Thursday, January 8th. Wall Street Zen cut ENI from a "buy" rating to a "hold" rating in a report on Saturday, March 28th. Barclays reaffirmed an "overweight" rating on shares of ENI in a report on Friday, December 12th. JPMorgan Chase & Co. raised ENI from an "underweight" rating to an "overweight" rating in a report on Monday, March 2nd. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of ENI in a report on Wednesday, January 21st. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $34.60.

ENI Stock Down 0.1%

ENI stock opened at $57.52 on Wednesday. The stock's 50 day moving average price is $48.13 and its 200 day moving average price is $40.92. The company has a market cap of $97.10 billion, a PE ratio of 33.84, a price-to-earnings-growth ratio of 0.28 and a beta of 0.44. ENI has a 1-year low of $24.65 and a 1-year high of $58.00. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.19 and a quick ratio of 1.04.

ENI (NYSE:E - Get Free Report) last posted its quarterly earnings results on Saturday, February 14th. The oil and gas exploration company reported $0.02 earnings per share for the quarter. ENI had a return on equity of 9.27% and a net margin of 3.07%.The firm had revenue of $24.64 billion for the quarter.

Hedge Funds Weigh In On ENI

A number of institutional investors have recently made changes to their positions in E. Natixis Advisors LLC raised its holdings in shares of ENI by 6.6% in the third quarter. Natixis Advisors LLC now owns 3,113,710 shares of the oil and gas exploration company's stock worth $108,824,000 after acquiring an additional 192,646 shares during the last quarter. Capital Wealth Planning LLC raised its holdings in shares of ENI by 109.7% in the fourth quarter. Capital Wealth Planning LLC now owns 306,408 shares of the oil and gas exploration company's stock worth $11,962,000 after acquiring an additional 160,324 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of ENI by 33.2% in the third quarter. American Century Companies Inc. now owns 636,891 shares of the oil and gas exploration company's stock worth $22,259,000 after acquiring an additional 158,699 shares during the last quarter. Trek Financial LLC acquired a new position in shares of ENI in the third quarter worth $4,128,000. Finally, Arosa Capital Management LP acquired a new position in shares of ENI in the fourth quarter worth $4,173,000. 1.18% of the stock is owned by institutional investors and hedge funds.

ENI Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Tuesday, March 24th will be issued a $0.6137 dividend. This represents a $2.45 dividend on an annualized basis and a dividend yield of 4.3%. This is a positive change from ENI's previous quarterly dividend of $0.58. The ex-dividend date of this dividend is Tuesday, March 24th. ENI's payout ratio is presently 97.65%.

ENI Company 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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