Erste Group Bank Analysts Lift Earnings Estimates for Shell

Shell PLC Unsponsored ADR (NYSE:SHEL) – Stock analysts at Erste Group Bank boosted their FY2026 EPS estimates for shares of Shell in a research report issued to clients and investors on Wednesday, August 5th. Erste Group Bank analyst H. Engel now expects that the energy company will post earnings of $11.08 per share for the year, up from their previous forecast of $10.30. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for Shell’s current full-year earnings is $10.31 per share.

SHEL has been the subject of a number of other research reports. Mizuho assumed coverage on shares of Shell in a research note on Monday, July 20th. They issued a “neutral” rating and a $98.00 price objective for the company. Scotiabank boosted their target price on shares of Shell from $91.00 to $122.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, April 22nd. TD Cowen restated a “buy” rating on shares of Shell in a research note on Thursday, July 2nd. Weiss Ratings raised shares of Shell from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 28th. Finally, Wall Street Zen raised shares of Shell from a “buy” rating to a “strong-buy” rating in a report on Saturday. Five equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $102.17.

Shell Stock Performance

SHEL stock opened at $89.97 on Tuesday. The business has a 50-day moving average price of $84.11 and a 200 day moving average price of $84.82. Shell has a 1-year low of $68.63 and a 1-year high of $94.90. The company has a market capitalization of $252.23 billion, a P/E ratio of 9.93, a PEG ratio of 0.58 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 (NYSE:SHEL) last issued its earnings results on Friday, July 31st. The energy company reported $3.52 EPS for the quarter, topping analysts’ consensus estimates of $3.23 by $0.29. The business had revenue of $94.66 billion for the quarter, compared to the consensus estimate of $86.22 billion. Shell had a net margin of 8.55% and a return on equity of 14.34%.

Institutional Trading of Shell

Several hedge funds have recently modified their holdings of SHEL. XY Capital Ltd raised its position in Shell by 139.1% in the 2nd quarter. XY Capital Ltd now owns 42,854 shares of the energy company’s stock valued at $3,323,000 after purchasing an additional 24,932 shares in the last quarter. Foresight Global Investors Inc. boosted its holdings in shares of Shell by 0.4% in the 2nd quarter. Foresight Global Investors Inc. now owns 96,767 shares of the energy company’s stock valued at $7,503,000 after buying an additional 362 shares in the last quarter. MSH Capital Advisors LLC grew its holdings in shares of Shell by 30.5% during the second quarter. MSH Capital Advisors LLC now owns 14,774 shares of the energy company’s stock worth $1,146,000 after purchasing an additional 3,457 shares during the last quarter. Uptick Partners LLC grew its stake in Shell by 5.1% during the 2nd quarter. Uptick Partners LLC now owns 6,373 shares of the energy company’s stock worth $494,000 after buying an additional 310 shares during the last quarter. Finally, Madison Asset Management LLC increased its holdings in shares of Shell by 22.5% in the 2nd quarter. Madison Asset Management LLC now owns 19,742 shares of the energy company’s stock valued at $1,531,000 after acquiring an additional 3,628 shares during the period. 28.60% of the stock is currently owned by institutional investors and hedge funds.

Shell Company Profile

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.