Shell PLC Unsponsored ADR $SHEL Shares Sold by Ieq Capital LLC

Ieq Capital LLC trimmed its holdings in Shell PLC Unsponsored ADR (NYSE:SHEL) by 14.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 57,229 shares of the energy company’s stock after selling 9,663 shares during the quarter. Ieq Capital LLC’s holdings in Shell were worth $4,438,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Great Lakes Advisors LLC lifted its position in shares of Shell by 2.3% during the 2nd quarter. Great Lakes Advisors LLC now owns 385,622 shares of the energy company’s stock worth $29,901,000 after buying an additional 8,659 shares during the last quarter. Allied Investment Advisors LLC grew its position 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 valued at $14,435,000 after buying an additional 4,720 shares during the last quarter. Captrust Financial Advisors raised its stake in Shell by 30.4% during the 4th quarter. Captrust Financial Advisors now owns 180,630 shares of the energy company’s stock worth $13,273,000 after acquiring an additional 42,129 shares in the last quarter. Adell Harriman & Carpenter Inc. lifted its position in Shell by 4.7% in the fourth quarter. Adell Harriman & Carpenter Inc. now owns 156,733 shares of the energy company’s stock valued at $11,517,000 after acquiring an additional 7,083 shares during the last quarter. Finally, Callan Family Office LLC boosted its stake in Shell by 1.4% in the second quarter. Callan Family Office LLC now owns 133,184 shares of the energy company’s stock valued at $10,327,000 after acquiring an additional 1,793 shares in the last quarter. Institutional investors and hedge funds own 28.60% of the company’s stock.

Shell Stock Performance

NYSE:SHEL opened at $93.39 on Monday. The firm has a market cap of $261.82 billion, a price-to-earnings ratio of 10.31, a price-to-earnings-growth ratio of 0.61 and a beta of 0.05. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.43 and a quick ratio of 1.12. Shell PLC Unsponsored ADR has a 1-year low of $68.63 and a 1-year high of $94.90. The firm’s fifty day moving average price is $85.10 and its 200 day moving average price is $85.88.

Shell (NYSE:SHEL) last released its earnings results on Friday, July 31st. The energy company reported $3.52 EPS for the quarter, topping the consensus estimate of $3.23 by $0.29. The company had revenue of $94.66 billion during the quarter, compared to analysts’ expectations of $86.22 billion. Shell had a net margin of 8.55% and a return on equity of 14.34%. On average, sell-side analysts expect that Shell PLC Unsponsored ADR will post 10.36 EPS for the current year.

Shell News Roundup

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

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on SHEL. HSBC upgraded Shell from a “hold” rating to a “buy” rating in a research report on Monday, May 18th. TD Cowen restated a “buy” rating on shares of Shell in a research note on Thursday, July 2nd. Mizuho initiated coverage on Shell in a research note on Monday, July 20th. They issued a “neutral” rating and a $98.00 price objective for the company. Erste Group Bank reissued a “hold” rating on shares of Shell in a report on Tuesday, May 5th. Finally, Wells Fargo & Company lifted their target price on shares of Shell from $100.00 to $105.00 and gave the company an “equal weight” rating in a report on Friday, July 31st. Five analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $106.77.

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.