Eni S.p.A. (NYSE:E) Shares Acquired by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. raised its position in shares of Eni S.p.A. (NYSE:E - Free Report) by 50.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 108,821 shares of the oil and gas exploration company's stock after purchasing an additional 36,646 shares during the period. Crossmark Global Holdings Inc.'s holdings in ENI were worth $3,298,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC bought a new stake in shares of ENI in the first quarter worth about $74,000. GAMMA Investing LLC raised its stake in ENI by 19.8% during the 2nd quarter. GAMMA Investing LLC now owns 2,442 shares of the oil and gas exploration company's stock valued at $75,000 after buying an additional 404 shares during the last quarter. Toronto Dominion Bank purchased a new stake in ENI during the 1st quarter valued at $172,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of ENI during the 3rd quarter valued at $212,000. Finally, Pitcairn Co. bought a new stake in shares of ENI during the 1st quarter valued at $218,000. Hedge funds and other institutional investors own 1.18% of the company's stock.

ENI Stock Performance

ENI stock traded down $0.73 during mid-day trading on Tuesday, hitting $29.20. The company had a trading volume of 145,265 shares, compared to its average volume of 290,893. The company has a current ratio of 1.27, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. Eni S.p.A. has a 12-month low of $28.82 and a 12-month high of $34.30. The company's fifty day moving average is $30.91 and its 200-day moving average is $31.16. The company has a market capitalization of $49.29 billion, a price-to-earnings ratio of 17.92, a P/E/G ratio of 1.41 and a beta of 0.95.

Analyst Upgrades and Downgrades

Several research analysts have commented on E shares. Morgan Stanley raised shares of ENI from an "equal weight" rating to an "overweight" rating and set a $39.60 price objective for the company in a report on Thursday, August 29th. Sanford C. Bernstein downgraded shares of ENI from an "outperform" rating to a "market perform" rating in a research note on Monday, September 23rd. Jefferies Financial Group restated a "buy" rating on shares of ENI in a research note on Tuesday, October 15th. BNP Paribas raised ENI from an "underperform" rating to a "neutral" rating in a research report on Friday, September 13th. Finally, Royal Bank of Canada upgraded shares of ENI from a "sector perform" rating to an "outperform" rating in a report on Monday, July 29th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $39.60.

ENI Profile

Eni S.p.A. operates as an integrated energy company worldwide. The company engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. It operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Enilive, Refining and Chemicals; Plenitude & Power; and Corporate and Other Activities segments.