Shell PLC Unsponsored ADR $SHEL Holdings Increased by Everett Harris & Co. CA

Key Points

• Everett Harris & Co. CA increased its Shell holdings by 2.5% in the third quarter, adding 11,097 shares for a total of 462,956 shares valued at approximately $44 million. Institutional investors collectively own 28.6% of Shell.
• Shell reported strong third-quarter results, with adjusted earnings of about $10.8 billion and EPS of $3.86, exceeding analyst expectations, although revenue came in slightly below forecasts. Record refining margins and market disruptions were major contributors.
• Shell authorized a $5 billion share-buyback program and declared a $0.3906 quarterly dividend, but analysts cautioned that unusually high refining margins and lower upstream commodity prices may make current earnings difficult to sustain.

Everett Harris & Co. CA raised its holdings in Shell PLC Unsponsored ADR (NYSE:SHEL - Free Report) by 2.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 462,956 shares of the energy company's stock after acquiring an additional 11,097 shares during the quarter. Shell makes up about 0.5% of Everett Harris & Co. CA's portfolio, making the stock its 26th largest holding. Everett Harris & Co. CA's holdings in Shell were worth $44,004,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Livelsberger Financial Advisory acquired a new stake in Shell in the third quarter valued at $33,000. Continuum Advisory LLC bought a new position in shares of Shell during the 2nd quarter worth approximately $34,000. Pension & Wealth Management Advisors Inc. acquired a new stake in Shell in the third quarter worth $35,000. DecisionPoint Financial LLC increased its position in Shell by 73.3% in the 3rd quarter. DecisionPoint Financial LLC now owns 376 shares of the energy company's stock valued at $36,000 after buying an additional 159 shares in the last quarter. Finally, Latitude Advisors LLC bought a new stake in shares of Shell during the third quarter valued at approximately $38,000. Institutional investors own 28.60% of the company's stock.

Key Shell News

Here are the key news stories impacting Shell this week:

• Positive Sentiment: Profit nearly doubled year over year: Shell reported third-quarter adjusted earnings of approximately $10.8 billion, exceeding expectations, while adjusted EBITDA reached $22.7 billion. Strong operational performance and elevated energy-market disruption supported the results. Reuters article
• Positive Sentiment: Record refining margins drove the earnings beat: Refining and fuel-market spreads surged, helping offset lower realized oil and liquids prices compared with the second quarter. Shell also maximized diesel production amid a supply crunch, benefiting its downstream operations. CNBC article
• Positive Sentiment: Shareholder returns increased: Shell announced a fresh $5 billion share-buyback program, supported by stronger earnings and cash flow. The board also declared a third-quarter interim dividend of $0.3906 per ordinary share, reinforcing the company’s capital-return appeal. 247WallSt article
• Positive Sentiment: Results surpassed analyst expectations: Shell reported quarterly EPS of $3.86 versus the $3.60 consensus estimate, although revenue of $92.85 billion was slightly below the $93.25 billion forecast. Shell press release
• Neutral Sentiment: Shell announced the intended 2027 quarterly dividend timetable, with the next ADS ex-dividend date scheduled for February 19, 2027, and payment scheduled for March 30, 2027. Shell dividend timetable
• Negative Sentiment: The quarter benefited heavily from unusually high refining margins and geopolitical disruption. Analysts cautioned that refining profitability can normalize, while lower upstream commodity prices could limit the durability of current earnings. Motley Fool article

Shell Stock Up 2.5%

Shares of NYSE:SHEL opened at $107.78 on Friday. The firm has a market capitalization of $308.78 billion, a PE ratio of 11.90, a price-to-earnings-growth ratio of 0.86 and a beta of 0.10. The firm has a fifty day moving average of $97.80 and a 200 day moving average of $87.99. 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 PLC Unsponsored ADR has a 52-week low of $68.63 and a 52-week high of $108.43.

Shell (NYSE:SHEL - Get Free Report) last issued its quarterly earnings results on Thursday, October 29th. The energy company reported $3.86 EPS for the quarter, beating analysts' consensus estimates of $3.54 by $0.32. The business had revenue of $92.85 billion for the quarter, compared to analysts' expectations of $93.25 billion. Shell had a net margin of 8.55% and a return on equity of 14.34%. As a group, research analysts anticipate that Shell PLC Unsponsored ADR will post 11.94 EPS for the current fiscal year.

Shell announced that its board has approved a share buyback plan on Thursday, October 29th that permits the company to repurchase $5 billion in shares. This buyback authorization permits the energy company to purchase up to 1.7% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on SHEL. Weiss Ratings upgraded shares of Shell from a "buy (b)" rating to a "buy (a-)" rating in a report on Thursday, October 8th. UBS Group set a $90.00 price target on shares of Shell in a report on Friday, September 25th. Zacks Research raised shares of Shell from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, October 6th. Mizuho set a $103.00 target price on Shell in a research report on Monday, October 12th. Finally, Barclays reissued an "overweight" rating on shares of Shell in a research report on Monday, October 5th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $106.63.

About Shell

Shell plc is a global energy company headquartered in London, England. Its operations span the energy value chain, including the exploration, production, processing, trading and marketing of oil and natural gas. The company is also a major participant in liquefied natural gas (LNG), refining, chemicals and energy-related products.

Shell sells fuels, lubricants and other petroleum products through branded retail and commercial businesses, while also providing services to industrial, marine and aviation customers.

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