One Wealth Advisors LLC Buys 4,868 Shares of Shell PLC Unsponsored ADR (NYSE:SHEL)

One Wealth Advisors LLC grew its holdings in Shell PLC Unsponsored ADR (NYSE:SHEL - Free Report) by 69.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,910 shares of the energy company's stock after purchasing an additional 4,868 shares during the quarter. One Wealth Advisors LLC's holdings in Shell were worth $873,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in SHEL. Brighton Jones LLC raised its stake in Shell by 51.7% during the 4th quarter. Brighton Jones LLC now owns 7,463 shares of the energy company's stock worth $468,000 after buying an additional 2,545 shares during the period. Quantbot Technologies LP increased its holdings in Shell by 248.9% during the 4th quarter. Quantbot Technologies LP now owns 19,258 shares of the energy company's stock worth $1,207,000 after purchasing an additional 13,739 shares in the last quarter. American Century Companies Inc. increased its holdings in Shell by 6.4% during the 4th quarter. American Century Companies Inc. now owns 897,154 shares of the energy company's stock worth $56,207,000 after purchasing an additional 54,305 shares in the last quarter. CoreFirst Bank & Trust bought a new stake in Shell during the 4th quarter worth approximately $28,000. Finally, Modern Wealth Management LLC increased its holdings in Shell by 5.3% during the 4th quarter. Modern Wealth Management LLC now owns 6,410 shares of the energy company's stock worth $424,000 after purchasing an additional 325 shares in the last quarter. 28.60% of the stock is owned by institutional investors and hedge funds.

Shell Stock Performance

Shares of NYSE:SHEL traded down $0.39 during trading on Friday, hitting $71.99. 2,571,744 shares of the company were exchanged, compared to its average volume of 3,823,799. The company has a market cap of $212.82 billion, a PE ratio of 16.59, a P/E/G ratio of 2.10 and a beta of 0.40. The stock has a 50 day moving average of $69.86 and a 200 day moving average of $67.72. Shell PLC Unsponsored ADR has a 52-week low of $58.54 and a 52-week high of $74.46. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.32 and a quick ratio of 1.08.

Shell (NYSE:SHEL - Get Free Report) last issued its quarterly earnings data on Friday, May 2nd. The energy company reported $1.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.54 by $0.30. Shell had a return on equity of 11.71% and a net margin of 4.75%. The company had revenue of $69.23 billion for the quarter, compared to the consensus estimate of $79.18 billion. During the same quarter last year, the business posted $2.40 earnings per share. As a group, equities research analysts predict that Shell PLC Unsponsored ADR will post 7.67 EPS for the current year.

Shell announced that its Board of Directors has initiated a share buyback program on Friday, May 2nd that allows the company to repurchase $3.50 billion in outstanding shares. This repurchase authorization allows the energy company to buy up to 1.8% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board believes its stock is undervalued.

Shell Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 23rd. Investors of record on Friday, May 16th were given a $0.716 dividend. The ex-dividend date of this dividend was Friday, May 16th. This represents a $2.86 dividend on an annualized basis and a dividend yield of 3.98%. Shell's dividend payout ratio (DPR) is presently 65.90%.

Analyst Ratings Changes

A number of analysts have commented on SHEL shares. Sanford C. Bernstein lowered Shell from an "outperform" rating to a "market perform" rating in a report on Monday, June 16th. TD Cowen reduced their target price on Shell from $82.00 to $76.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Scotiabank reaffirmed an "outperform" rating on shares of Shell in a report on Friday, July 11th. Piper Sandler upped their target price on Shell from $83.00 to $84.00 and gave the company an "overweight" rating in a report on Tuesday, July 15th. Finally, Santander lowered Shell to a "neutral" rating in a report on Friday, July 11th. Three research analysts have rated the stock with a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $78.69.

Shell Profile

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.