Brokerages Set Eni SpA (NYSE:E) Target Price at $34.60

Eni SpA (NYSE:E) has received an average rating of “Moderate Buy” from the twelve analysts that are presently covering the stock, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $34.60.

A number of analysts have recently issued reports on E shares. Erste Group Bank upgraded ENI to a “strong-buy” rating in a report on Wednesday, February 18th. Weiss Ratings restated a “hold (c)” rating on shares of ENI in a research note on Wednesday, January 21st. Zacks Research raised ENI from a “strong sell” rating to a “hold” rating in a research report on Monday, March 2nd. Barclays reiterated an “overweight” rating on shares of ENI in a report on Friday, December 12th. Finally, Wall Street Zen raised ENI from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th.

ENI News Roundup

Here are the key news stories impacting ENI this week:

• Positive Sentiment: Management raised its distribution policy and launched a ~€1.7–1.8 billion buyback while trimming capex and signaling higher near‑term oil & gas production — measures that support cash returns and EPS. Eni Increases Distribution Policy, Launches $1.72 Billion Buyback (WSJ)
• Positive Sentiment: Company reiterated production targets — aiming for up to ~4% production growth by 2030 — which underpins higher upstream cash flow expectations. Eni targets up to 4% production growth by 2030
• Positive Sentiment: Eni struck a deal to share control of Plenitude with Ares and boosted its distribution framework; the transaction is designed to raise fresh capital and free value while keeping Plenitude commercially tied to Eni. Eni boosts distribution policy, reaches deal with Ares (Seeking Alpha)
• Positive Sentiment: Analyst commentary and screeners have recently flagged Eni as a low‑beta, momentum name — which may attract risk‑averse income and momentum investors amid macro volatility. Why Eni is a Top Momentum Stock (Zacks)
• Neutral Sentiment: Investor/Analyst Day materials (slides and full transcript) provide detail on strategy to 2030 — useful for modeling cash flows and capital return assumptions but no surprise guidance that materially changes consensus yet. Eni Analyst/Investor Day Transcript (Seeking Alpha)
• Negative Sentiment: Eni has deconsolidated Plenitude from its accounts as part of the Ares transaction; while this raises cash and supports returns, it reduces renewables exposure on Eni’s balance sheet and may concern ESG-focused investors or reduce visible growth in the green segment. Italy’s Eni deconsolidates renewable unit Plenitude (Reuters)

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in E. DV Equities LLC acquired a new position in shares of ENI in the 4th quarter worth approximately $35,000. MAI Capital Management grew its holdings 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 worth $36,000 after acquiring an additional 1,070 shares during the last quarter. Manchester Capital Management LLC grew its holdings in ENI by 56.8% during the 4th quarter. Manchester Capital Management LLC now owns 1,206 shares of the oil and gas exploration company’s stock worth $46,000 after acquiring an additional 437 shares during the last quarter. Advisory Services Network LLC acquired a new position in shares of ENI during the third quarter worth approximately $47,000. Finally, Larson Financial Group LLC grew its stake in shares of ENI by 37.5% during the third quarter. Larson Financial Group LLC now owns 1,387 shares of the oil and gas exploration company’s stock valued at $48,000 after purchasing an additional 378 shares during the last quarter. Institutional investors and hedge funds own 1.18% of the company’s stock.

ENI Trading Down 0.5%

NYSE:E opened at $54.44 on Friday. The stock has a market cap of $91.89 billion, a price-to-earnings ratio of 32.02 and a beta of 0.57. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.02 and a current ratio of 1.17. ENI has a 1 year low of $24.65 and a 1 year high of $55.38. The business has a fifty day moving average of $44.17 and a 200-day moving average of $39.19.

ENI (NYSE:E) last issued its quarterly earnings results on Thursday, February 26th. The oil and gas exploration company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.09. ENI had a net margin of 3.07% and a return on equity of 9.27%. The company had revenue of $24.33 billion during the quarter, compared to analyst estimates of $19.45 billion. Equities analysts predict that ENI will post 3.74 earnings per share for the current year.

ENI Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Tuesday, March 24th will be issued a $0.6137 dividend. This is a boost from ENI’s previous quarterly dividend of $0.58. The ex-dividend date is Tuesday, March 24th. This represents a $2.45 annualized dividend and a yield of 4.5%. ENI’s payout ratio is 98.24%.

About ENI

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.