Erste Group Bank Comments on ENI's FY2026 Earnings (NYSE:E)

Key Points

• Erste Group Bank lowered its FY2026 EPS estimate for ENI to $5.94 from $6.06, while keeping a Strong-Buy rating on the stock. It also projected FY2027 earnings of $5.57 per share.
• ENI continues to draw mixed-but-generally positive analyst views, with recent upgrades from JPMorgan and Zacks, and MarketBeat data showing a Moderate Buy consensus price target of $42.30.
• The company recently raised its quarterly dividend to $0.6313 per share, implying an annualized yield of about 4.7%. ENI also reported quarterly EPS of $0.79 in its latest results.

Eni SpA (NYSE:E - Free Report) - Erste Group Bank decreased their FY2026 EPS estimates for shares of ENI in a report issued on Tuesday, May 5th. Erste Group Bank analyst H. Engel now expects that the oil and gas exploration company will post earnings of $5.94 per share for the year, down from their prior estimate of $6.06. Erste Group Bank currently has a "Strong-Buy" rating on the stock. The consensus estimate for ENI's current full-year earnings is $6.11 per share. Erste Group Bank also issued estimates for ENI's FY2027 earnings at $5.57 EPS.

Other equities research analysts have also issued research reports about the stock. JPMorgan Chase & Co. raised shares of ENI from an "underweight" rating to an "overweight" rating in a research note on Monday, March 2nd. Zacks Research raised shares of ENI from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 31st. Weiss Ratings reissued a "hold (c)" rating on shares of ENI in a research note on Monday, April 20th. Royal Bank Of Canada boosted their price objective on shares of ENI from $24.00 to $28.00 and gave the stock a "sector perform" rating in a research note on Thursday, April 9th. Finally, Wall Street Zen lowered shares of ENI from a "buy" rating to a "hold" rating in a research note on Saturday, March 28th. Three equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat, ENI has a consensus rating of "Moderate Buy" and a consensus target price of $42.30.

ENI Trading Down 0.2%

Shares of E opened at $53.34 on Monday. The firm's 50-day moving average price is $52.90 and its 200-day moving average price is $43.69. The firm has a market capitalization of $90.04 billion, a price-to-earnings ratio of 30.66, a PEG ratio of 0.22 and a beta of 0.41. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 0.40. ENI has a 1-year low of $28.78 and a 1-year high of $58.00.

ENI (NYSE:E - Get Free Report) last announced its earnings results on Tuesday, March 31st. The oil and gas exploration company reported $0.79 earnings per share for the quarter. ENI had a net margin of 3.37% and a return on equity of 9.21%.

ENI Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Tuesday, May 19th will be paid a dividend of $0.6313 per share. The ex-dividend date of this dividend is Tuesday, May 19th. This is an increase from ENI's previous quarterly dividend of $0.61. This represents a $2.53 annualized dividend and a yield of 4.7%. ENI's payout ratio is presently 95.40%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in E. Natixis Advisors LLC lifted its stake 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 buying an additional 192,646 shares in the last quarter. Capital Wealth Planning LLC lifted its stake 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 buying an additional 160,324 shares in the last quarter. American Century Companies Inc. lifted its stake 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 buying an additional 158,699 shares in the last quarter. Trek Financial LLC bought a new position in shares of ENI in the third quarter worth approximately $4,128,000. Finally, Arosa Capital Management LP bought a new position in shares of ENI in the fourth quarter worth approximately $4,173,000. Institutional investors own 1.18% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.