Shell PLC Unsponsored ADR (NYSE:SHEL) Short Interest Up 73.3% in April

Shell PLC Unsponsored ADR (NYSE:SHELGet Free Report) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 21,220,132 shares, a growth of 73.3% from the April 15th total of 12,246,376 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily volume of 9,043,681 shares, the days-to-cover ratio is currently 2.3 days.

Shell Stock Down 0.2%

Shares of NYSE SHEL opened at $88.43 on Wednesday. Shell has a 1 year low of $65.38 and a 1 year high of $94.90. The firm’s 50 day moving average price is $89.53 and its 200 day moving average price is $80.37. The firm has a market cap of $247.92 billion, a P/E ratio of 13.77, a price-to-earnings-growth ratio of 0.47 and a beta of 0.08. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.97 and a current ratio of 1.27.

Shell (NYSE:SHELGet Free Report) last announced its earnings results on Friday, May 8th. The energy company reported $2.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.14 by $0.30. Shell had a net margin of 6.85% and a return on equity of 11.18%. The firm had revenue of $69.69 billion for the quarter, compared to analyst estimates of $77.54 billion. As a group, sell-side analysts anticipate that Shell will post 10.28 earnings per share for the current year.

Institutional Trading of Shell

A number of hedge funds have recently bought and sold shares of the company. Strategic Investment Advisors MI purchased a new position in Shell during the first quarter worth approximately $108,000. EverSource Wealth Advisors LLC raised its stake in Shell by 18.4% during the first quarter. EverSource Wealth Advisors LLC now owns 8,530 shares of the energy company’s stock worth $793,000 after purchasing an additional 1,323 shares during the period. Madison Asset Management LLC raised its stake in Shell by 7.9% during the first quarter. Madison Asset Management LLC now owns 16,114 shares of the energy company’s stock worth $1,499,000 after purchasing an additional 1,185 shares during the period. Cornerstone Planning Group LLC raised its stake in Shell by 14.1% during the first quarter. Cornerstone Planning Group LLC now owns 1,215 shares of the energy company’s stock worth $109,000 after purchasing an additional 150 shares during the period. Finally, Archer Investment Corp raised its stake in Shell by 89.0% during the first quarter. Archer Investment Corp now owns 5,811 shares of the energy company’s stock worth $540,000 after purchasing an additional 2,737 shares during the period. Institutional investors and hedge funds own 28.60% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on SHEL. Morgan Stanley lowered shares of Shell from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, March 24th. Wall Street Zen upgraded shares of Shell from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Wells Fargo & Company increased their price target on shares of Shell from $77.00 to $94.00 and gave the company an “equal weight” rating in a research report on Thursday, April 9th. BNP Paribas Exane set a $101.00 price target on shares of Shell and gave the company a “neutral” rating in a research report on Friday, April 17th. Finally, Rothschild & Co Redburn lowered shares of Shell from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and fourteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Shell currently has a consensus rating of “Hold” and a consensus price target of $97.33.

Read Our Latest Stock Analysis on Shell

Key Shell News

Here are the key news stories impacting Shell this week:

  • Positive Sentiment: Shell continued buying back shares, with the company reporting another round of stock repurchases for cancellation and reinforcing its capital return program. Transaction in Own Shares
  • Positive Sentiment: Shell shareholders rejected a green activist resolution at the annual meeting, which supports management’s current oil-and-gas investment strategy and suggests less pressure to shift capital away from core businesses. Shell shareholders reject green activist resolution
  • Positive Sentiment: Shell’s CEO told shareholders that oil demand will remain essential for decades, and the company is publicly defending continued upstream investment, which may reassure investors who favor its traditional energy cash flow model. Meeting oil demand will be essential for decades, Shell CEO says
  • Positive Sentiment: Analysts and market commentary highlighted Shell’s momentum, LNG growth, and potential for higher cash flow, while some reports also pointed to a $3 billion buyback program and an attractive dividend yield. Here’s Why Shell (SHEL) is a Strong Momentum Stock
  • Neutral Sentiment: Shell’s annual general meeting approved most resolutions, but one proposal was not carried; the outcome appears routine overall and is unlikely to materially change the near-term investment case. Result of AGM
  • Neutral Sentiment: One research note modestly raised FY2026 earnings estimates, but kept a Hold rating, so the update is supportive but not a major catalyst. Transaction in Own Shares
  • Negative Sentiment: Some investors are challenging Shell over its long-term fossil-fuel outlook and continued oil-and-gas spending, which shows there is still debate about the company’s transition strategy. Investors challenge Shell over plans for long-term decline in fossil fuel demand
  • Negative Sentiment: Morgan Stanley lowered its price target despite Shell’s earnings beat, which may weigh on sentiment by signaling less upside in the stock. Shell (SHEL) Price Target Lowered Despite Q1 Earnings Beat

About Shell

(Get Free Report)

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.

Further Reading

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