Dynasty Wealth Management LLC Acquires New Shares in Eni SpA $E

Dynasty Wealth Management LLC bought a new position in Eni SpA (NYSE:E) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 25,142 shares of the oil and gas exploration company’s stock, valued at approximately $879,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Royal Bank of Canada grew its stake in shares of ENI by 2.1% in the first quarter. Royal Bank of Canada now owns 69,243 shares of the oil and gas exploration company’s stock worth $2,141,000 after acquiring an additional 1,420 shares during the period. AQR Capital Management LLC boosted its holdings in ENI by 3.4% in the first quarter. AQR Capital Management LLC now owns 15,260 shares of the oil and gas exploration company’s stock worth $472,000 after purchasing an additional 495 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in ENI in the second quarter worth approximately $280,000. Park Avenue Securities LLC bought a new stake in ENI in the 2nd quarter worth approximately $262,000. Finally, GAMMA Investing LLC raised its stake in ENI by 44.2% during the 2nd quarter. GAMMA Investing LLC now owns 4,869 shares of the oil and gas exploration company’s stock valued at $158,000 after buying an additional 1,493 shares during the last quarter. Institutional investors own 1.18% of the company’s stock.

ENI Stock Down 1.0%

Shares of E stock opened at $38.32 on Wednesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.16 and a quick ratio of 0.98. Eni SpA has a one year low of $24.65 and a one year high of $39.41. The company’s fifty day moving average price is $37.69 and its 200-day moving average price is $35.94. The company has a market capitalization of $65.32 billion, a price-to-earnings ratio of 20.94 and a beta of 0.61.

ENI (NYSE:E) last issued its earnings results on Friday, October 24th. The oil and gas exploration company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.17. The company had revenue of $24.11 billion during the quarter, compared to the consensus estimate of $19.88 billion. ENI had a net margin of 3.20% and a return on equity of 8.53%. Sell-side analysts expect that Eni SpA will post 3.74 EPS for the current fiscal year.

Analyst Ratings Changes

E has been the subject of several research analyst reports. Jefferies Financial Group reaffirmed a “buy” rating on shares of ENI in a report on Thursday, January 8th. Hsbc Global Res cut ENI from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 28th. JPMorgan Chase & Co. lowered shares of ENI from an “overweight” rating to an “underweight” rating in a research report on Friday, December 5th. UBS Group upgraded shares of ENI from a “neutral” rating to a “buy” rating in a research note on Tuesday, November 25th. Finally, Zacks Research lowered shares of ENI from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 23rd. Three analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, ENI has a consensus rating of “Hold” and a consensus target price of $34.60.

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.