Ieq Capital LLC Trims Stock Holdings in Shell PLC Unsponsored ADR $SHEL

Ieq Capital LLC lessened its stake in shares of Shell PLC Unsponsored ADR (NYSE:SHEL) by 14.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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 institutional investors and hedge funds have also made changes to their positions in the stock. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Shell in the 4th quarter worth approximately $26,000. Zions Bancorporation National Association UT increased its holdings in Shell by 186.7% in the 4th quarter. Zions Bancorporation National Association UT now owns 473 shares of the energy company’s stock valued at $35,000 after purchasing an additional 308 shares during the last quarter. Nalls Sherbakoff Group LLC purchased a new stake in Shell in the fourth quarter valued at approximately $36,000. Ares Financial Consulting LLC acquired a new position in Shell during the fourth quarter worth $38,000. Finally, Kilter Group LLC boosted its position in shares of Shell by 83.1% during the second quarter. Kilter Group LLC now owns 498 shares of the energy company’s stock worth $39,000 after buying an additional 226 shares during the period. 28.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on SHEL shares. Piper Sandler boosted their price target on shares of Shell from $88.00 to $89.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Jefferies Financial Group upped their target price on shares of Shell to $122.40 and gave the stock a “buy” rating in a research note on Thursday, May 21st. HSBC upgraded shares of Shell from a “hold” rating to a “buy” rating in a report on Monday, May 18th. Erste Group Bank restated a “hold” rating on shares of Shell in a research note on Tuesday, May 5th. Finally, TD Cowen reiterated a “buy” rating on shares of Shell in a research note on Thursday, July 2nd. Five investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. According to MarketBeat.com, Shell currently has an average rating of “Hold” and an average target price of $106.77.

Shell News Summary

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

Shell Stock Up 0.1%

SHEL stock opened at $93.39 on Monday. The company’s 50 day moving average price is $85.10 and its 200 day moving average price is $85.88. The firm has a market capitalization of $261.82 billion, a price-to-earnings ratio of 10.31, a PEG ratio of 0.61 and a beta of 0.05. Shell PLC Unsponsored ADR has a fifty-two week low of $68.63 and a fifty-two week high of $94.90. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.12 and a current ratio of 1.43.

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

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.