Caprock Group LLC Buys New Holdings in Eni SpA $E

Caprock Group LLC purchased a new position in Eni SpA (NYSE:E) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 26,875 shares of the oil and gas exploration company’s stock, valued at approximately $961,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Royal Bank of Canada boosted its position in shares of ENI by 2.1% during 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 last quarter. AQR Capital Management LLC increased its holdings in ENI by 3.4% in the 1st quarter. AQR Capital Management LLC now owns 15,260 shares of the oil and gas exploration company’s stock valued at $472,000 after acquiring an additional 495 shares during the last quarter. MGO One Seven LLC purchased a new stake in ENI in the 2nd quarter worth $467,000. Yousif Capital Management LLC boosted its holdings in shares of ENI by 10.3% during the 2nd quarter. Yousif Capital Management LLC now owns 28,181 shares of the oil and gas exploration company’s stock valued at $914,000 after purchasing an additional 2,640 shares during the last quarter. Finally, Sagespring Wealth Partners LLC purchased a new position in shares of ENI during the second quarter valued at about $221,000. Institutional investors own 1.18% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on E. HSBC downgraded ENI from a “buy” rating to a “hold” rating in a research report on Tuesday, October 28th. JPMorgan Chase & Co. cut ENI from an “overweight” rating to an “underweight” rating in a report on Friday, December 5th. Barclays reiterated an “overweight” rating on shares of ENI in a research report on Friday, December 12th. UBS Group upgraded shares of ENI from a “neutral” rating to a “buy” rating in a research report on Tuesday, November 25th. Finally, Citigroup reaffirmed a “neutral” rating on shares of ENI in a research note on Tuesday, November 4th. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $34.60.

ENI Trading Up 1.2%

ENI stock opened at $43.40 on Monday. Eni SpA has a 12-month low of $24.65 and a 12-month high of $43.72. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.98 and a current ratio of 1.16. The firm has a 50-day moving average price of $39.08 and a 200-day moving average price of $36.94.

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.