Royal Bank of Canada Has $16.63 Million Stake in ENI S.p.A. (E)

Royal Bank of Canada increased its stake in shares of ENI S.p.A. (NYSE:E) by 1.4% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 553,231 shares of the oil and gas exploration company’s stock after acquiring an additional 7,548 shares during the period. Royal Bank of Canada’s holdings in ENI S.p.A. were worth $16,632,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of E. Bessemer Group Inc. grew its holdings in ENI S.p.A. by 0.8% in the 2nd quarter. Bessemer Group Inc. now owns 3,922,724 shares of the oil and gas exploration company’s stock valued at $117,916,000 after buying an additional 33,023 shares during the last quarter. Brandes Investment Partners LP grew its holdings in ENI S.p.A. by 1.5% in the 2nd quarter. Brandes Investment Partners LP now owns 3,915,346 shares of the oil and gas exploration company’s stock valued at $117,695,000 after buying an additional 57,234 shares during the last quarter. Macquarie Group Ltd. grew its holdings in ENI S.p.A. by 2.7% in the 1st quarter. Macquarie Group Ltd. now owns 2,466,036 shares of the oil and gas exploration company’s stock valued at $80,713,000 after buying an additional 64,171 shares during the last quarter. Mondrian Investment Partners LTD grew its holdings in ENI S.p.A. by 19.6% in the 2nd quarter. Mondrian Investment Partners LTD now owns 1,713,077 shares of the oil and gas exploration company’s stock valued at $51,495,000 after buying an additional 281,160 shares during the last quarter. Finally, Federated Investors Inc. PA grew its holdings in ENI S.p.A. by 111.9% in the 2nd quarter. Federated Investors Inc. PA now owns 1,031,970 shares of the oil and gas exploration company’s stock valued at $31,021,000 after buying an additional 544,931 shares during the last quarter. 1.66% of the stock is currently owned by institutional investors and hedge funds.

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E has been the topic of a number of research analyst reports. Macquarie lowered ENI S.p.A. from an “outperform” rating to a “neutral” rating in a report on Wednesday, June 21st. BidaskClub downgraded ENI S.p.A. from a “sell” rating to a “strong sell” rating in a research report on Thursday, June 22nd. Zacks Investment Research downgraded ENI S.p.A. from a “hold” rating to a “sell” rating in a research report on Tuesday, July 18th. Societe Generale reiterated a “buy” rating on shares of ENI S.p.A. in a research report on Wednesday, July 26th. Finally, Credit Suisse Group downgraded ENI S.p.A. from an “outperform” rating to a “neutral” rating in a research report on Thursday, August 3rd. Six analysts have rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $16.00.

ENI S.p.A. (NYSE:E) last issued its quarterly earnings results on Friday, July 28th. The oil and gas exploration company reported $0.27 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.18. The business had revenue of $17.20 billion for the quarter. ENI S.p.A. had a return on equity of 2.23% and a net margin of 1.14%.

The business also recently declared a None dividend, which was paid on Friday, October 6th. Investors of record on Tuesday, September 19th were given a dividend of $0.676 per share. This represents a yield of 5.86%. The ex-dividend date of this dividend was Monday, September 18th. ENI S.p.A.’s dividend payout ratio is currently 319.52%.

ENI S.p.A. Company Profile

Eni SpA (Eni) is an Italy-based company engaged in the exploration, development and production of hydrocarbons, in the supply and marketing of gas, liquefied natural gas (LNG) and power, in the refining and marketing of petroleum products, in the production and marketing of basic petrochemicals, plastics and elastomers and in commodity trading.

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Institutional Ownership by Quarter for ENI S.p.A. (NYSE:E)

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