Shell PLC Unsponsored ADR (NYSE:SHEL) Given Consensus Recommendation of “Hold” by Analysts

Shares of Shell PLC Unsponsored ADR (NYSE:SHEL) have received an average rating of “Hold” from the twenty research firms that are presently covering the firm, MarketBeat.com reports. Fourteen equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $100.4625.

Several equities analysts recently weighed in on the company. BNP Paribas Exane set a $101.00 price objective on Shell and gave the stock a “neutral” rating in a research report on Friday, April 17th. Rothschild & Co Redburn cut Shell from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 9th. TD Cowen decreased their target price on Shell from $112.00 to $110.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Weiss Ratings cut Shell from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 1st. Finally, Jefferies Financial Group upped their price target on Shell to $122.40 and gave the company a “buy” rating in a report on Thursday, May 21st.

Hedge Funds Weigh In On Shell

A number of hedge funds have recently modified their holdings of the stock. Natixis Advisors LLC raised its holdings in shares of Shell by 13.2% in the 3rd quarter. Natixis Advisors LLC now owns 1,445,346 shares of the energy company’s stock worth $103,386,000 after buying an additional 167,983 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of Shell by 187.5% in the 4th quarter. SG Americas Securities LLC now owns 316,216 shares of the energy company’s stock worth $23,236,000 after buying an additional 677,746 shares in the last quarter. Allied Investment Advisors LLC raised its holdings in shares of Shell by 2.5% in the 4th quarter. Allied Investment Advisors LLC now owns 196,452 shares of the energy company’s stock worth $14,435,000 after buying an additional 4,720 shares in the last quarter. Captrust Financial Advisors raised its holdings in shares of Shell by 30.4% in the 4th quarter. Captrust Financial Advisors now owns 180,630 shares of the energy company’s stock worth $13,273,000 after buying an additional 42,129 shares in the last quarter. Finally, Adell Harriman & Carpenter Inc. raised its holdings in shares of Shell by 4.7% in the 4th quarter. Adell Harriman & Carpenter Inc. now owns 156,733 shares of the energy company’s stock worth $11,517,000 after buying an additional 7,083 shares in the last quarter. 28.60% of the stock is owned by institutional investors and hedge funds.

Shell Price Performance

Shares of NYSE:SHEL opened at $85.43 on Monday. Shell has a fifty-two week low of $67.25 and a fifty-two week high of $94.90. The business has a 50-day moving average of $88.47 and a two-hundred day moving average of $81.32. The stock has a market capitalization of $239.49 billion, a P/E ratio of 13.31, a P/E/G ratio of 0.45 and a beta of 0.05. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.27 and a quick ratio of 0.97.

Shell (NYSE:SHEL) last announced its quarterly earnings results on Friday, May 8th. The energy company reported $2.44 earnings per share for the quarter, topping analysts’ consensus estimates of $2.14 by $0.30. Shell had a return on equity of 11.18% and a net margin of 6.85%.The company had revenue of $69.69 billion during the quarter, compared to analysts’ expectations of $77.54 billion. On average, equities research analysts predict that Shell will post 10.28 EPS for the current fiscal year.

More Shell News

Here are the key news stories impacting Shell this week:

• Positive Sentiment: Shell continued buying back shares for cancellation, with 1.02 million shares repurchased on June 4, reinforcing its capital return program and signaling management confidence in cash generation. Transaction in Own Shares
• Positive Sentiment: Raizen, Shell’s joint venture with Cosan, agreed to sell its Argentina downstream business for about $1.4 billion, a move that should sharpen portfolio focus and improve financial flexibility. Shell-Backed Raizen Streamlines Portfolio With Argentina Asset Sale
• Neutral Sentiment: Several articles highlighted Shell as a momentum stock and discussed bullish energy-sector themes, but these were largely style-score or market commentary pieces rather than new company-specific catalysts. Why Shell (SHEL) is a Top Momentum Stock for the Long-Term
• Neutral Sentiment: JPMorgan-related coverage suggested European oil majors like Shell could be vulnerable if a ceasefire deal eases crude-price support, which is more of a sector headwind than an immediate company-specific event. Shell, BP and other oil giants vulnerable to ceasefire deal, says JPMorgan
• Negative Sentiment: Fresh reports alleged Shell executives mishandled Nigeria oil spill risks and kept compromised pipelines operating despite internal warnings, raising potential reputational and regulatory overhangs. BBC report: Shell kept Niger Delta oil pipeline running despite internal pollution warnings

About Shell

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.