Erste Group Bank Has Positive Opinion of ENI FY2027 Earnings

Eni SpA (NYSE:E) – Erste Group Bank lifted their FY2027 earnings per share estimates for shares of ENI in a research report issued on Wednesday, October 21st. Erste Group Bank analyst H. Engel now forecasts that the oil and gas exploration company will earn $5.84 per share for the year, up from their prior estimate of $5.55. The consensus estimate for ENI’s current full-year earnings is $6.52 per share.

Several other equities research analysts also recently commented on E. Royal Bank Of Canada restated a “neutral” rating on shares of ENI in a research note on Thursday, September 24th. UBS Group reiterated a “buy” rating on shares of ENI in a research report on Tuesday, October 6th. HSBC reissued a “hold” rating on shares of ENI in a report on Friday, September 25th. Weiss Ratings upgraded shares of ENI from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Finally, BNP Paribas Exane lowered shares of ENI from an “outperform” rating to a “neutral” rating and set a $56.30 price target on the stock. in a research report on Wednesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $58.45.

ENI Trading Down 2.7%

ENI stock opened at $58.89 on Wednesday. The stock has a fifty day moving average price of $55.90 and a two-hundred day moving average price of $51.42. ENI has a 52-week low of $36.13 and a 52-week high of $62.16.

ENI (NYSE:E) last posted its earnings results on Friday, October 23rd. The oil and gas exploration company reported $2.13 EPS for the quarter, topping the consensus estimate of $1.87 by $0.26. The company had revenue of $29.05 billion for the quarter, compared to the consensus estimate of $25.89 billion.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Sage Rhino Capital LLC bought a new stake in shares of ENI during the 3rd quarter valued at $203,000. Viewpoint Investment Partners Corp lifted its stake in shares of ENI by 40.9% in the 3rd quarter. Viewpoint Investment Partners Corp now owns 17,900 shares of the oil and gas exploration company’s stock valued at $972,000 after purchasing an additional 5,200 shares during the period. Signaturefd LLC boosted its position in shares of ENI by 5.7% in the 3rd quarter. Signaturefd LLC now owns 30,960 shares of the oil and gas exploration company’s stock worth $1,681,000 after purchasing an additional 1,683 shares during the last quarter. Evergreen Capital Management LLC boosted its position in shares of ENI by 12.8% in the 3rd quarter. Evergreen Capital Management LLC now owns 29,461 shares of the oil and gas exploration company’s stock worth $1,615,000 after purchasing an additional 3,336 shares during the last quarter. Finally, Inspire Investing LLC boosted its position in shares of ENI by 29.9% in the 3rd quarter. Inspire Investing LLC now owns 7,723 shares of the oil and gas exploration company’s stock worth $419,000 after purchasing an additional 1,778 shares during the last quarter. 1.18% of the stock is owned by institutional investors.

ENI Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 7th. Stockholders of record on Tuesday, November 24th will be paid a $0.6335 dividend. This represents a $2.53 dividend on an annualized basis and a dividend yield of 4.3%. This is a boost from ENI’s previous quarterly dividend of $0.6276. The ex-dividend date is Tuesday, November 24th.

Trending Headlines about ENI

Here are the key news stories impacting ENI this week:

• Positive Sentiment: Zacks added Eni to multiple Strong Buy lists. Eni was included in Zacks’ Rank #1 lists for overall strong buys, growth stocks, value stocks and income stocks, increasing its visibility among momentum, value and dividend-focused investors. New Strong Buy Stocks for October 28th Best Growth Stocks to Buy for October 28th
• Positive Sentiment: Higher cash flow and shareholder returns remain key catalysts. Eni raised its 2026 cash-flow outlook to €16.5 billion, increased its buyback target to €3.8 billion and plans approximately €8.2 billion in total shareholder distributions. The company also reaffirmed upstream growth plans while maintaining disciplined capital spending. Eni Q3 Earnings Call Highlights Higher Payouts and Growth Plans
• Positive Sentiment: New gas infrastructure could lift future production. Eni launched the Meleiha Phase 2 project in Egypt, adding 100 million cubic feet per day of gas-processing capacity. It also expects expanded offshore European gas drilling as supply concerns increase, and Cyprus is preparing infrastructure agreements worth up to $1.8 billion for the Cronos gas field. Eni Launches Start-Up of Meleiha Phase 2 Cyprus Signs Agreements With Eni for Cronos Gas Field Infrastructure
• Positive Sentiment: Analysts modestly raised earnings expectations. Erste Group increased its 2026 EPS forecast to $6.47 from $6.36, near the $6.52 consensus estimate, reinforcing the view that Eni’s earnings outlook is improving.
• Neutral Sentiment: Eni completed the sale of its Nigerian oil subsidiary to Apex Global. The transaction may simplify the portfolio and reduce exposure to Nigeria, although its financial impact was not provided. Eni Completes Sale of Nigerian Oil Subsidiary

ENI Company Profile

Eni S.p.A. is an integrated energy company headquartered in Rome, Italy. Founded in 1953, the company operates across the energy value chain, with activities spanning exploration and production, natural gas, liquefied natural gas, refining, chemicals, and energy-related services.

Eni explores for and produces oil and natural gas in several regions, including Europe, Africa, the Middle East, Asia, and the Americas. Through its downstream businesses, the company processes and markets fuels, develops chemical products, and supplies natural gas and electricity.