Raleigh Capital Management Inc. acquired a new stake in shares of Shell PLC Unsponsored ADR (NYSE:SHEL – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 30,404 shares of the energy company’s stock, valued at approximately $2,890,000. Shell makes up approximately 0.9% of Raleigh Capital Management Inc.’s portfolio, making the stock its 22nd largest position.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Charles Schwab Trust Co increased its holdings in shares of Shell by 3.3% in the third quarter. Charles Schwab Trust Co now owns 3,148 shares of the energy company’s stock worth $299,000 after purchasing an additional 100 shares during the period. Ferguson Wellman Capital Management Inc. boosted its stake in Shell by 0.6% during the third quarter. Ferguson Wellman Capital Management Inc. now owns 17,771 shares of the energy company’s stock valued at $1,689,000 after buying an additional 106 shares during the period. CWA Asset Management Group LLC boosted its stake in Shell by 4.1% during the third quarter. CWA Asset Management Group LLC now owns 2,821 shares of the energy company’s stock valued at $268,000 after buying an additional 110 shares during the period. Vista Investment Partners LLC grew its position in Shell by 2.1% during the third quarter. Vista Investment Partners LLC now owns 5,651 shares of the energy company’s stock worth $537,000 after buying an additional 116 shares in the last quarter. Finally, Frank Rimerman Advisors LLC grew its position in Shell by 0.6% during the third quarter. Frank Rimerman Advisors LLC now owns 21,404 shares of the energy company’s stock worth $2,034,000 after buying an additional 123 shares in the last quarter. Institutional investors own 28.60% of the company’s stock.
Analyst Ratings Changes
Several analysts have weighed in on SHEL shares. Zacks Research raised Shell from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 6th. Wells Fargo & Company boosted their price objective on Shell from $105.00 to $116.00 and gave the stock an “equal weight” rating in a report on Friday. Barclays restated an “overweight” rating on shares of Shell in a research report on Monday, October 5th. TD Cowen raised their target price on shares of Shell from $107.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, September 28th. Finally, UBS Group set a $90.00 target price on shares of Shell in a research report on Friday, September 25th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $107.86.
View Our Latest Analysis on Shell
Shell News Roundup
Here are the key news stories impacting Shell this week:
- Positive Sentiment: Major earnings beat: Shell reported third-quarter adjusted earnings of approximately $10.8 billion, more than double the year-earlier result and above expectations. Record refining margins, along with stronger gas and LNG prices, drove the improvement. Reported EPS of $3.86 also exceeded the $3.54 consensus, although revenue was slightly below estimates. Reuters earnings report
- Positive Sentiment: $5 billion share buyback: Shell authorized repurchases of up to 1.7% of its shares, signaling confidence in cash flow and potentially supporting per-share earnings. The larger buyback was enabled by higher quarterly cash generation. Zacks earnings call highlights
- Positive Sentiment: LNG growth remains a strategic tailwind: Management highlighted expansion in liquefied natural gas and continued operational execution, reinforcing Shell’s position in a business expected to provide relatively resilient long-term energy demand. Zacks LNG and buyback article
- Positive Sentiment: Analyst price-target increase: Wells Fargo raised its target from $105 to $116 while retaining an “equal weight” rating, implying additional potential upside but also signaling that valuation is becoming more balanced. Wells Fargo analyst recommendations
- Neutral Sentiment: Shell declared a quarterly interim dividend of $0.3906 per share and published the 2027 dividend timetable, providing continued visibility for income-focused investors. Shell dividend announcement
- Negative Sentiment: Earnings quality and geopolitical risks warrant caution: Refining margins are unusually high and could retreat, while Middle East disruptions are supporting prices but creating operational and demand uncertainty. CEO Wael Sawan said it is too early to assess the disruptions’ long-term effect on oil demand. Shell CEO comments on supply disruptions
Shell Trading Up 1.0%
NYSE SHEL opened at $108.76 on Friday. 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 simple moving average is $98.10 and its two-hundred day simple moving average is $88.17. Shell PLC Unsponsored ADR has a twelve month low of $68.63 and a twelve month high of $109.37. The company has a market capitalization of $311.57 billion, a price-to-earnings ratio of 9.82, a PEG ratio of 0.88 and a beta of 0.10.
Shell (NYSE:SHEL – Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The energy company reported $3.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.54 by $0.32. The firm had revenue of $92.85 billion during the quarter, compared to analysts’ expectations of $93.25 billion. Shell had a return on equity of 17.39% and a net margin of 9.96%. Research analysts forecast that Shell PLC Unsponsored ADR will post 11.94 EPS for the current fiscal year.
Shell declared that its board has approved a stock repurchase program on Thursday, October 29th that allows the company to buy back $5 billion in shares. This buyback authorization allows the energy company to repurchase up to 1.7% of its shares through open market purchases. Share buyback programs are generally an indication that the company’s board believes its shares are undervalued.
Shell Company Profile
Shell plc is a global energy company headquartered in London, England. Its operations span the energy value chain, including the exploration, production, processing, trading and marketing of oil and natural gas. The company is also a major participant in liquefied natural gas (LNG), refining, chemicals and energy-related products.
Shell sells fuels, lubricants and other petroleum products through branded retail and commercial businesses, while also providing services to industrial, marine and aviation customers.
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