Shell PLC Unsponsored ADR $SHEL Stock Sold by Cohen Capital Management Inc.

Key Points

• Cohen Capital Management cut its Shell position by 82.6% in the third quarter, selling 20,000 shares and retaining 4,200 shares worth approximately $399,000. Institutional investors overall own 28.6% of Shell.
• Shell’s near-term outlook remains favorable, supported by potentially higher refining margins, recovering Gulf of Mexico production and better-than-expected quarterly earnings. The company is also expanding offshore and lower-carbon businesses while reshaping its portfolio through asset sales.
• Analyst sentiment is broadly positive: Shell has a consensus “Moderate Buy” rating and an average price target of $106.63, while the stock recently traded near its 12-month high at $102.95.

Cohen Capital Management Inc. trimmed its position in shares of Shell PLC Unsponsored ADR (NYSE:SHEL - Free Report) by 82.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,200 shares of the energy company's stock after selling 20,000 shares during the quarter. Cohen Capital Management Inc.'s holdings in Shell were worth $399,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SHEL. Engineers Gate Manager LP grew its stake in Shell by 300.7% in the 2nd quarter. Engineers Gate Manager LP now owns 840,770 shares of the energy company's stock valued at $65,193,000 after acquiring an additional 630,948 shares during the last quarter. Waverly Advisors LLC lifted its holdings in shares of Shell by 307.1% in the second quarter. Waverly Advisors LLC now owns 407,847 shares of the energy company's stock valued at $31,624,000 after purchasing an additional 307,671 shares in the last quarter. Cibc World Market Inc. lifted its holdings in shares of Shell by 66.3% in the second quarter. Cibc World Market Inc. now owns 586,039 shares of the energy company's stock valued at $45,441,000 after purchasing an additional 233,634 shares in the last quarter. Van ECK Associates Corp grew its position in shares of Shell by 44.3% in the second quarter. Van ECK Associates Corp now owns 643,152 shares of the energy company's stock valued at $49,870,000 after purchasing an additional 197,551 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of Shell by 7.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,352,694 shares of the energy company's stock worth $182,425,000 after purchasing an additional 171,873 shares in the last quarter. Institutional investors and hedge funds own 28.60% of the company's stock.

Shell News Roundup

Here are the key news stories impacting Shell this week:

• Positive Sentiment: Refining margins point to a potentially strong quarter: Shell indicated that its refining margin could rise to approximately $42 per barrel, improving expectations for near-term earnings and cash flow. Shell refining margin article
• Positive Sentiment: Offshore production is recovering: Shell and Chevron are leading the restart of U.S. Gulf oil production following Hurricane Isaias, with facilities reporting no storm damage. A faster return to operations limits production losses. U.S. Gulf production recovery article
• Positive Sentiment: Growth investments and estimates improved: Shell agreed to acquire a 30% stake in Equinor’s Bay du Nord project in Canada, adding long-term offshore exposure while emphasizing capital discipline. Erste Group also raised its FY2027 EPS forecast to $10.20 from $9.60 and maintained a Buy rating. Bay du Nord and earnings estimate article
• Positive Sentiment: Energy-transition initiatives expanded: UK charging operator Source added its sites to the Shell Card roaming network, while Shell and Singapore LNG shipped their first bio-LNG volumes. These moves broaden Shell’s lower-carbon and mobility businesses. Shell Card charging network article
• Neutral Sentiment: Portfolio reshaping continued: Shell plans to sell its Nigerian domestic gas-distribution business to Vaaris Energy, simplifying the portfolio and releasing capital but also reducing exposure to a local growth operation. Shell Nigeria gas business sale article
• Negative Sentiment: Australia regulatory risk increased: Shell criticized Canberra’s proposed gas-reserve requirements, warning they could distort the market and cause market failure. The policy could constrain LNG exports or reduce pricing flexibility. Australia gas reserve plan article

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Zacks Research upgraded Shell from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, October 6th. UBS Group set a $90.00 target price on Shell in a report on Friday, September 25th. Weiss Ratings raised Shell from a "buy (b)" rating to a "buy (a-)" rating in a research report on Thursday, October 8th. HSBC reissued a "buy" rating on shares of Shell in a report on Friday, September 25th. Finally, Mizuho set a $103.00 price objective on Shell in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $106.63.

Shell Stock Up 1.3%

SHEL opened at $102.95 on Wednesday. Shell PLC Unsponsored ADR has a 12 month low of $68.63 and a 12 month high of $103.09. The business has a 50-day moving average of $94.16 and a two-hundred day moving average of $88.98. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.43 and a quick ratio of 1.12. The stock has a market capitalization of $288.63 billion, a price-to-earnings ratio of 11.36, a price-to-earnings-growth ratio of 0.86 and a beta of 0.10.

Shell (NYSE:SHEL - Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The energy company reported $3.52 earnings per share for the quarter, topping the consensus estimate of $3.23 by $0.29. Shell had a net margin of 8.55% and a return on equity of 14.34%. The business had revenue of $94.66 billion for the quarter, compared to analyst estimates of $86.22 billion. On average, research analysts expect that Shell PLC Unsponsored ADR will post 11.51 earnings per share for the current year.

Shell Company Profile

Shell plc is a global energy company headquartered in London, United Kingdom. Its operations span the exploration, production, processing, transportation and marketing of oil and natural gas, with an increasing focus on liquefied natural gas (LNG), lower-carbon energy and energy-transition solutions.

The company supplies fuels, lubricants, chemicals and other energy products to businesses, transportation customers and consumers. Shell also operates a network of retail service stations and provides charging services for electric vehicles, renewable power and related energy solutions.

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