Elevation Point Wealth Partners LLC increased its position in Shell PLC Unsponsored ADR (NYSE:SHEL – Free Report) by 18.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 45,721 shares of the energy company’s stock after purchasing an additional 7,233 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in Shell were worth $3,545,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. W1M Asset Management Ltd lifted its position in Shell by 17.2% during the second quarter. W1M Asset Management Ltd now owns 13,261 shares of the energy company’s stock valued at $1,028,000 after buying an additional 1,945 shares during the period. Emerald Investment Advisers LLC lifted its position in Shell by 90.6% during the 2nd quarter. Emerald Investment Advisers LLC now owns 26,510 shares of the energy company’s stock valued at $2,056,000 after acquiring an additional 12,599 shares during the period. EP Wealth Advisors LLC boosted its stake in Shell by 12.3% during the second quarter. EP Wealth Advisors LLC now owns 32,522 shares of the energy company’s stock worth $2,522,000 after acquiring an additional 3,562 shares in the last quarter. Callan Family Office LLC lifted its holdings in shares of Shell by 1.4% during the second quarter. Callan Family Office LLC now owns 133,184 shares of the energy company’s stock valued at $10,327,000 after purchasing an additional 1,793 shares during the last quarter. Finally, Keebeck Wealth Management boosted its position in shares of Shell by 28.1% in the 2nd quarter. Keebeck Wealth Management now owns 4,266 shares of the energy company’s stock worth $331,000 after purchasing an additional 937 shares in the last quarter. 28.60% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on SHEL shares. Weiss Ratings upgraded Shell from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 28th. Piper Sandler lifted their target price on shares of Shell from $88.00 to $89.00 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Erste Group Bank reiterated a “hold” rating on shares of Shell in a research note on Tuesday, May 5th. TD Cowen reaffirmed a “buy” rating on shares of Shell in a research report on Thursday, July 2nd. Finally, Zacks Research lowered shares of Shell from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. Five research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. According to MarketBeat.com, Shell currently has a consensus rating of “Hold” and an average target price of $106.77.
Shell News Summary
Here are the key news stories impacting Shell this week:
- Positive Sentiment: Shell and INDYCAR will introduce an updated 100% renewable race fuel in 2027, with production sourced from Indiana. The initiative strengthens Shell’s renewable-fuels technology profile, supports its energy-transition strategy, and provides high-visibility branding through motorsports. INDYCAR To Introduce Updated Shell 100% Renewable Race Fuel in 2027
- Positive Sentiment: An analysis of Shell’s acquisition of ARC Resources argues that the deal demonstrates portfolio flexibility amid Middle Eastern disruptions. ARC’s low-cost condensate production could improve supply resilience and help Shell adapt to geopolitical shocks, although the article does not provide new guidance on earnings or the transaction’s financial returns. Shell: ARC Acquisition Shows The Flexibility When Responding To The Middle East Situation
- Neutral Sentiment: Shell reiterated its safety commitment at a forum for contractors and company executives in Nigeria. The focus on operational safety may support Shell’s reputation and reduce long-term execution and liability risks, but no specific financial targets or new projects were announced. Shell reinforces safety commitment at CEO contractors forum
Shell Stock Down 0.3%
NYSE SHEL opened at $93.39 on Friday. The company has a market capitalization of $261.82 billion, a P/E ratio of 10.31, a price-to-earnings-growth ratio of 0.61 and a beta of 0.05. The company has a quick ratio of 1.12, a current ratio of 1.43 and a debt-to-equity ratio of 0.36. The stock’s 50-day moving average price is $85.10 and its 200-day moving average price is $85.81. Shell PLC Unsponsored ADR has a 52 week low of $68.63 and a 52 week high of $94.90.
Shell (NYSE:SHEL – Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The energy company reported $3.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.23 by $0.29. The business had revenue of $94.66 billion during the quarter, compared to analyst estimates of $86.22 billion. Shell had a return on equity of 14.34% and a net margin of 8.55%. On average, equities research analysts predict that Shell PLC Unsponsored ADR will post 10.36 earnings per share for the current year.
Shell Profile
Shell plc (NYSE: SHEL) is a global integrated energy company that operates across the full oil and gas value chain as well as in developing lower-carbon energy solutions. The company traces its roots to the early 20th century merger of Royal Dutch Petroleum and Shell Transport and Trading, and today it is organized to explore for and produce hydrocarbons, process and refine them, manufacture petrochemicals, and market fuel, lubricants and related products under the Shell brand around the world.
Shell’s principal activities include upstream exploration and production of oil and natural gas, integrated gas operations including liquefied natural gas (LNG), and downstream refining, supply and marketing.
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