Callan Capital LLC Purchases 11,426 Shares of Eni SpA (NYSE:E)

Callan Capital LLC raised its holdings in Eni SpA (NYSE:E - Free Report) by 76.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,328 shares of the oil and gas exploration company's stock after purchasing an additional 11,426 shares during the quarter. Callan Capital LLC's holdings in ENI were worth $814,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of E. Envestnet Portfolio Solutions Inc. raised its position in ENI by 7.1% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 7,341 shares of the oil and gas exploration company's stock worth $201,000 after purchasing an additional 484 shares during the last quarter. Corient Private Wealth LLC grew its position in ENI by 1.0% in the fourth quarter. Corient Private Wealth LLC now owns 49,250 shares of the oil and gas exploration company's stock valued at $1,347,000 after purchasing an additional 488 shares in the last quarter. Signaturefd LLC grew its stake in shares of ENI by 2.1% in the fourth quarter. Signaturefd LLC now owns 26,189 shares of the oil and gas exploration company's stock valued at $717,000 after buying an additional 532 shares in the last quarter. Golden State Wealth Management LLC boosted its stake in shares of ENI by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 1,202 shares of the oil and gas exploration company's stock worth $37,000 after acquiring an additional 601 shares during the period. Finally, Quadrant Capital Group LLC boosted its holdings in shares of ENI by 4.0% during the 4th quarter. Quadrant Capital Group LLC now owns 16,034 shares of the oil and gas exploration company's stock worth $439,000 after buying an additional 622 shares during the period. Institutional investors own 1.18% of the company's stock.

ENI Price Performance

NYSE:E opened at $32.50 on Tuesday. The firm has a market capitalization of $54.86 billion, a price-to-earnings ratio of 19.46 and a beta of 0.90. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.00 and a current ratio of 1.16. The stock has a fifty day moving average of $30.62 and a 200 day moving average of $29.32. Eni SpA has a 52-week low of $24.65 and a 52-week high of $33.35.

ENI (NYSE:E - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The oil and gas exploration company reported $0.92 earnings per share for the quarter, topping analysts' consensus estimates of $0.91 by $0.01. ENI had a net margin of 2.85% and a return on equity of 9.16%. The firm had revenue of $25.61 billion during the quarter, compared to analyst estimates of $25.52 billion. On average, research analysts expect that Eni SpA will post 3.74 EPS for the current fiscal year.

ENI Increases Dividend

The business also recently declared a -- dividend, which was paid on Monday, June 9th. Stockholders of record on Tuesday, May 20th were issued a dividend of $0.5391 per share. The ex-dividend date was Tuesday, May 20th. This is an increase from ENI's previous -- dividend of $0.35. This represents a dividend yield of 5.5%. ENI's dividend payout ratio (DPR) is presently 94.01%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on E. Kepler Capital Markets downgraded ENI from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 20th. Redburn Atlantic lowered shares of ENI from a "buy" rating to a "neutral" rating in a report on Wednesday, April 23rd. Finally, Citigroup reaffirmed a "neutral" rating on shares of ENI in a research report on Friday, April 25th. Nine analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $31.60.

ENI Company Profile

Eni SpA engages in the exploration, production, refining, and sale of oil, gas, electricity, and chemicals. It operates through the following segments: Exploration and Production, Global Gas and LNG Portfolio, Refining & Marketing and Chemicals, Power & Renewables, and Corporate and Other Activities.

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