Connor Clark & Lunn Investment Management Ltd. Sells 1,052,101 Shares of Shell PLC Unsponsored ADR $SHEL

Key Points

• Connor Clark & Lunn Investment Management cut its Shell stake by 73.5% in the second quarter, selling 1,052,101 shares and retaining 379,130 shares valued at approximately $29.4 million.
• Shell is pursuing portfolio and cost reductions, including potential sales of its U.S. chemical assets—reportedly worth up to $8 billion—and its Houston headquarters for about $325 million.
• Shell exceeded quarterly earnings and revenue expectations, while analysts maintain a consensus “Hold” rating with an average price target of $106.77; the stock recently traded near its 12-month high.

Connor Clark & Lunn Investment Management Ltd. decreased its stake in shares of Shell PLC Unsponsored ADR (NYSE:SHEL - Free Report) by 73.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 379,130 shares of the energy company's stock after selling 1,052,101 shares during the period. Connor Clark & Lunn Investment Management Ltd.'s holdings in Shell were worth $29,398,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in SHEL. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Shell during the 4th quarter worth $26,000. Zions Bancorporation National Association UT lifted its stake in shares of Shell by 186.7% in the fourth quarter. Zions Bancorporation National Association UT now owns 473 shares of the energy company's stock valued at $35,000 after buying an additional 308 shares in the last quarter. Nalls Sherbakoff Group LLC purchased a new position in shares of Shell in the 4th quarter worth approximately $36,000. Kilter Group LLC raised its holdings in shares of Shell by 83.1% in the 2nd quarter. Kilter Group LLC now owns 498 shares of the energy company's stock worth $39,000 after purchasing an additional 226 shares during the period. Finally, Ares Financial Consulting LLC bought a new stake in Shell in the 4th quarter valued at about $38,000. Institutional investors and hedge funds own 28.60% of the company's stock.

Key Headlines Impacting Shell

Here are the key news stories impacting Shell this week:

• Positive Sentiment: Shell’s U.S. chemical assets have attracted interest from Exxon Mobil and LyondellBasell. The portfolio could be valued at as much as $8 billion, potentially giving Shell significant cash to reduce debt, return capital to shareholders, or invest in higher-return energy businesses. The report reflects continued progress in Shell’s effort to simplify its portfolio and exit less strategic operations. Shell draws interest from bidders including Exxon for $8 billion US chemical assets
• Positive Sentiment: Shell has placed its longtime U.S. headquarters in Houston on the market for approximately $325 million as it reduces its Houston footprint. While the sale highlights ongoing cost and asset rationalization, proceeds could support Shell’s capital-allocation priorities and the move may lower future overhead. Shell puts longtime U.S. headquarters on the market for $325 million
• Neutral Sentiment: A Zacks analysis identifies Shell as a highly ranked value stock, supporting the case for investors focused on valuation, momentum and income. The assessment is research-based rather than a new company announcement, so its direct near-term effect may be limited. Shell is a Top-Ranked Value Stock
• Negative Sentiment: A separate Zacks comparison favors Chevron over Shell, citing stronger expected 2026 earnings growth, production momentum and greater exposure to Guyana. That relative assessment could weigh on Shell among investors seeking faster growth, despite Shell’s asset-sale potential and value appeal. Chevron vs. Shell: Which Energy Major Offers a Better Bet?

Shell Stock Performance

Shares of SHEL stock opened at $93.04 on Tuesday. The company has a current ratio of 1.43, a quick ratio of 1.12 and a debt-to-equity ratio of 0.36. The business's 50 day moving average is $85.30 and its two-hundred day moving average is $85.99. The company has a market capitalization of $260.83 billion, a P/E ratio of 10.27, a P/E/G ratio of 0.61 and a beta of 0.05. Shell PLC Unsponsored ADR has a 12-month low of $68.63 and a 12-month high of $94.90.

Shell (NYSE:SHEL - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $94.66 billion for the quarter, compared to the consensus estimate of $86.22 billion. Shell had a return on equity of 14.34% and a net margin of 8.55%. Analysts expect that Shell PLC Unsponsored ADR will post 10.36 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have commented on SHEL shares. Erste Group Bank reissued a "hold" rating on shares of Shell in a research note on Tuesday, May 5th. Wells Fargo & Company increased their price objective on shares of Shell from $100.00 to $105.00 and gave the company an "equal weight" rating in a research report on Friday, July 31st. Piper Sandler lifted their price objective on Shell from $88.00 to $89.00 and gave the stock a "neutral" rating in a report on Monday, August 3rd. Wall Street Zen raised Shell from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 8th. Finally, Zacks Research downgraded shares of Shell from a "strong-buy" rating to a "hold" rating in a report on Monday, May 25th. Five equities research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $106.77.

Shell 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.

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