Shell PLC Unsponsored ADR $SHEL Stock Holdings Lifted by Intrua Financial LLC

Intrua Financial LLC lifted its position in Shell PLC Unsponsored ADR (NYSE:SHEL) by 4.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,851 shares of the energy company’s stock after acquiring an additional 697 shares during the period. Intrua Financial LLC’s holdings in Shell were worth $1,088,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in SHEL. GQG Partners LLC boosted its holdings in shares of Shell by 42,743.3% during the first quarter. GQG Partners LLC now owns 2,867,929 shares of the energy company’s stock worth $210,162,000 after purchasing an additional 2,861,235 shares during the period. Nuveen LLC acquired a new stake in shares of Shell during the first quarter worth approximately $180,366,000. Voloridge Investment Management LLC boosted its holdings in shares of Shell by 170.3% during the fourth quarter. Voloridge Investment Management LLC now owns 3,463,372 shares of the energy company’s stock worth $216,980,000 after purchasing an additional 2,182,253 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of Shell by 102.6% during the first quarter. Raymond James Financial Inc. now owns 2,965,812 shares of the energy company’s stock worth $217,335,000 after purchasing an additional 1,501,866 shares during the period. Finally, Deutsche Bank AG boosted its holdings in shares of Shell by 2,096.7% during the first quarter. Deutsche Bank AG now owns 1,217,115 shares of the energy company’s stock worth $89,190,000 after purchasing an additional 1,161,709 shares during the period. 28.60% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have issued reports on SHEL shares. Melius started coverage on shares of Shell in a research note on Wednesday, August 20th. They issued a “hold” rating and a $70.00 target price for the company. Hsbc Global Res cut shares of Shell from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 4th. Sanford C. Bernstein cut shares of Shell from an “outperform” rating to a “market perform” rating in a research note on Monday, June 16th. Piper Sandler reduced their target price on shares of Shell from $84.00 to $82.00 and set an “overweight” rating for the company in a research note on Monday, August 18th. Finally, Scotiabank reiterated an “outperform” rating on shares of Shell in a research note on Friday, July 11th. Ten research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $76.71.

Shell Price Performance

Shares of Shell stock opened at $72.54 on Thursday. The firm has a fifty day simple moving average of $72.09 and a 200-day simple moving average of $69.15. The company has a current ratio of 1.32, a quick ratio of 1.07 and a debt-to-equity ratio of 0.36. Shell PLC Unsponsored ADR has a 1-year low of $58.54 and a 1-year high of $74.21. The stock has a market capitalization of $213.13 billion, a price-to-earnings ratio of 16.34, a PEG ratio of 1.89 and a beta of 0.46.

Shell (NYSE:SHEL) last released its earnings results on Thursday, July 31st. The energy company reported $1.42 EPS for the quarter, beating the consensus estimate of $1.13 by $0.29. The firm had revenue of $66.44 billion during the quarter, compared to analysts’ expectations of $69.31 billion. Shell had a net margin of 4.93% and a return on equity of 10.67%. On average, sell-side analysts expect that Shell PLC Unsponsored ADR will post 7.67 earnings per share for the current year.

Shell Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 22nd. Investors of record on Friday, August 15th will be paid a dividend of $0.716 per share. This represents a $2.86 annualized dividend and a yield of 3.9%. The ex-dividend date is Friday, August 15th. Shell’s dividend payout ratio is presently 64.41%.

Shell Company Profile

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.