Cambiar Investors LLC Reduces Stock Position in Eni SpA $E

Cambiar Investors LLC cut its position in Eni SpA (NYSE:E) by 81.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,115 shares of the oil and gas exploration company’s stock after selling 112,355 shares during the period. Cambiar Investors LLC’s holdings in ENI were worth $878,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of E. NewSquare Capital LLC boosted its position in ENI by 179.3% in the second quarter. NewSquare Capital LLC now owns 916 shares of the oil and gas exploration company’s stock valued at $30,000 after buying an additional 588 shares during the last quarter. MAI Capital Management lifted its stake in ENI by 2,488.4% during the 2nd quarter. MAI Capital Management now owns 1,113 shares of the oil and gas exploration company’s stock valued at $36,000 after acquiring an additional 1,070 shares during the period. Nisa Investment Advisors LLC boosted its holdings in shares of ENI by 100.0% in the 2nd quarter. Nisa Investment Advisors LLC now owns 1,500 shares of the oil and gas exploration company’s stock valued at $49,000 after acquiring an additional 750 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of ENI by 84.0% in the third quarter. Farther Finance Advisors LLC now owns 1,525 shares of the oil and gas exploration company’s stock worth $53,000 after acquiring an additional 696 shares during the period. Finally, Hilltop National Bank purchased a new position in shares of ENI during the second quarter worth $139,000. Institutional investors and hedge funds own 1.18% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of ENI in a report on Thursday, January 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of ENI in a report on Wednesday, January 21st. Wall Street Zen cut ENI from a “buy” rating to a “hold” rating in a research report on Monday, January 12th. HSBC lowered shares of ENI from a “buy” rating to a “hold” rating in a report on Tuesday, October 28th. Finally, Hsbc Global Res downgraded shares of ENI from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 28th. Three investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, ENI currently has an average rating of “Hold” and a consensus target price of $34.60.

ENI Price Performance

ENI stock opened at $40.95 on Thursday. The stock has a market capitalization of $69.19 billion, a P/E ratio of 22.38 and a beta of 0.61. The company’s fifty day moving average price is $37.92 and its 200 day moving average price is $36.21. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.98 and a current ratio of 1.16. Eni SpA has a 1 year low of $24.65 and a 1 year high of $41.08.

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.