Stock Yards Bank & Trust Co. Sells 1,801 Shares of Shell plc (NYSE:SHEL)

Stock Yards Bank & Trust Co. lowered its position in Shell plc (NYSE:SHEL) by 8.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,513 shares of the energy company’s stock after selling 1,801 shares during the period. Stock Yards Bank & Trust Co.’s holdings in Shell were worth $1,350,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. FAS Wealth Partners Inc. lifted its position in Shell by 2.8% during the third quarter. FAS Wealth Partners Inc. now owns 6,179 shares of the energy company’s stock valued at $398,000 after purchasing an additional 168 shares in the last quarter. Founders Capital Management increased its holdings in Shell by 25.4% in the 4th quarter. Founders Capital Management now owns 830 shares of the energy company’s stock worth $55,000 after acquiring an additional 168 shares in the last quarter. Osborne Partners Capital Management LLC lifted its holdings in Shell by 1.0% during the third quarter. Osborne Partners Capital Management LLC now owns 16,417 shares of the energy company’s stock valued at $1,057,000 after purchasing an additional 169 shares in the last quarter. Abacus Planning Group Inc. lifted its position in shares of Shell by 3.5% in the fourth quarter. Abacus Planning Group Inc. now owns 5,003 shares of the energy company’s stock valued at $329,000 after acquiring an additional 169 shares in the last quarter. Finally, Roberts Wealth Advisors LLC grew its holdings in Shell by 0.7% during the 4th quarter. Roberts Wealth Advisors LLC now owns 26,574 shares of the energy company’s stock valued at $1,749,000 after buying an additional 172 shares in the last quarter. Institutional investors own 28.60% of the company’s stock.

Shell Stock Performance

NYSE SHEL opened at $72.76 on Wednesday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.40 and a quick ratio of 1.13. The stock has a market capitalization of $234.11 billion, a PE ratio of 12.86, a P/E/G ratio of 2.22 and a beta of 0.62. Shell plc has a 1-year low of $55.78 and a 1-year high of $73.94. The business has a 50 day simple moving average of $67.03 and a two-hundred day simple moving average of $65.72.

Shell (NYSE:SHEL) last released its quarterly earnings data on Thursday, February 1st. The energy company reported $2.22 EPS for the quarter, beating the consensus estimate of $1.94 by $0.28. The business had revenue of $80.13 billion during the quarter, compared to analyst estimates of $89.59 billion. Shell had a net margin of 5.99% and a return on equity of 14.69%. During the same quarter last year, the business earned $2.76 earnings per share. On average, research analysts predict that Shell plc will post 8.16 EPS for the current fiscal year.

Shell Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Friday, February 16th were paid a dividend of $0.662 per share. The ex-dividend date was Thursday, February 15th. This represents a $2.65 dividend on an annualized basis and a dividend yield of 3.64%. Shell’s dividend payout ratio is presently 48.59%.

Wall Street Analysts Forecast Growth

Separately, TheStreet raised shares of Shell from a “c” rating to a “b-” rating in a research note on Monday, January 29th.

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.