What is Erste Group Bank’s Estimate for ENI FY2026 Earnings?

Eni SpA (NYSE:E) – Investment analysts at Erste Group Bank increased their FY2026 earnings estimates for ENI in a report issued on Tuesday, May 12th. Erste Group Bank analyst H. Engel now expects that the oil and gas exploration company will earn $5.96 per share for the year, up from their prior estimate of $5.94. Erste Group Bank currently has a “Strong-Buy” rating on the stock. The consensus estimate for ENI’s current full-year earnings is $6.08 per share. Erste Group Bank also issued estimates for ENI’s FY2027 earnings at $5.58 EPS.

A number of other analysts have also weighed in on the stock. Rothschild & Co Redburn upgraded shares of ENI from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 9th. Weiss Ratings restated a “hold (c)” rating on shares of ENI in a research note on Monday, April 20th. BNP Paribas Exane upgraded shares of ENI from a “neutral” rating to an “outperform” rating and set a $64.30 target price on the stock in a research note on Friday, April 17th. Zacks Research upgraded shares of ENI from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 31st. Finally, JPMorgan Chase & Co. upgraded shares of ENI from an “underweight” rating to an “overweight” rating in a research note on Monday, March 2nd. Three research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, ENI currently has an average rating of “Moderate Buy” and a consensus target price of $42.30.

ENI Stock Down 1.2%

E stock opened at $55.72 on Wednesday. The company’s 50 day moving average price is $54.32 and its 200 day moving average price is $44.77. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.02 and a current ratio of 1.16. ENI has a fifty-two week low of $28.78 and a fifty-two week high of $58.00. The firm has a market capitalization of $94.05 billion, a price-to-earnings ratio of 32.02, a PEG ratio of 0.24 and a beta of 0.41.

ENI (NYSE:E) last released its earnings results on Tuesday, March 31st. The oil and gas exploration company reported $0.79 earnings per share for the quarter. ENI had a net margin of 3.37% and a return on equity of 9.21%.

ENI Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 5th. Investors of record on Tuesday, May 19th will be issued a $0.6313 dividend. This represents a $2.53 dividend on an annualized basis and a yield of 4.5%. This is a positive change from ENI’s previous quarterly dividend of $0.61. The ex-dividend date of this dividend is Tuesday, May 19th. ENI’s dividend payout ratio is currently 95.40%.

Hedge Funds Weigh In On ENI

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Natixis Advisors LLC boosted its holdings in ENI by 5.3% in the fourth quarter. Natixis Advisors LLC now owns 3,279,164 shares of the oil and gas exploration company’s stock valued at $124,411,000 after purchasing an additional 165,454 shares in the last quarter. Morgan Stanley boosted its holdings in ENI by 0.6% in the fourth quarter. Morgan Stanley now owns 3,019,566 shares of the oil and gas exploration company’s stock valued at $114,562,000 after purchasing an additional 16,671 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in ENI by 2.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,353,911 shares of the oil and gas exploration company’s stock valued at $51,367,000 after purchasing an additional 38,688 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in ENI in the first quarter valued at approximately $63,334,000. Finally, American Century Companies Inc. boosted its holdings in ENI by 33.2% in the third quarter. American Century Companies Inc. now owns 636,891 shares of the oil and gas exploration company’s stock valued at $22,259,000 after purchasing an additional 158,699 shares in the last quarter. 1.18% of the stock is owned by institutional investors and hedge funds.

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.