Rep. Bruce Westerman Sells Shell plc (NYSE:SHEL) Stock

Representative Bruce Westerman (R-Arkansas) recently sold shares of Shell plc NYSE: SHEL. In a filing disclosed on May 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Shell stock on April 21st. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of UniCredit OTCMKTS: UNCRY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of CSX NASDAQ: CSX on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Siemens Aktiengesellschaft OTCMKTS: SIEGY on 4/21/2025.
• Sold $1,001 - $15,000 in shares of GSK NYSE: GSK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 4/21/2025.
• Sold $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 4/21/2025.
• Sold $15,001 - $50,000 in shares of NVIDIA NASDAQ: NVDA on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Chevron NYSE: CVX on 4/21/2025.

Shell Stock Down 0.0%

SHEL traded down $0.01 on Monday, reaching $66.61. 2,749,528 shares of the company traded hands, compared to its average volume of 4,301,701. The stock's 50 day moving average price is $66.78 and its 200-day moving average price is $65.86. Shell plc has a 52-week low of $58.55 and a 52-week high of $74.46. The company has a market cap of $200.37 billion, a price-to-earnings ratio of 13.27, a PEG ratio of 0.98 and a beta of 0.38. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.35 and a quick ratio of 1.10.

Shell (NYSE:SHEL - Get Free Report) last posted its earnings results on Friday, May 2nd. The energy company reported $1.84 EPS for the quarter, topping the consensus estimate of $1.54 by $0.30. The company had revenue of $69.23 billion during the quarter, compared to the consensus estimate of $79.18 billion. Shell had a net margin of 5.57% and a return on equity of 12.75%. During the same period in the previous year, the firm posted $2.40 earnings per share. On average, sell-side analysts expect that Shell plc will post 7.67 EPS for the current fiscal year.

Shell declared that its Board of Directors has approved a share buyback plan on Friday, May 2nd that authorizes the company to buyback $3.50 billion in outstanding shares. This buyback authorization authorizes the energy company to repurchase up to 1.8% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board believes its stock is undervalued.

Shell Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 23rd. Investors of record on Friday, May 16th will be given a dividend of $0.716 per share. This represents a $2.86 dividend on an annualized basis and a yield of 4.30%. The ex-dividend date is Friday, May 16th. Shell's payout ratio is presently 65.90%.

Analysts Set New Price Targets

Several analysts recently issued reports on SHEL shares. TD Cowen decreased their price objective on shares of Shell from $82.00 to $76.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Piper Sandler upped their price objective on shares of Shell from $72.00 to $80.00 and gave the stock an "overweight" rating in a report on Tuesday, May 13th. Hsbc Global Res raised shares of Shell to a "strong-buy" rating in a report on Tuesday, May 13th. Scotiabank cut their target price on shares of Shell from $75.00 to $70.00 and set a "sector outperform" rating for the company in a research note on Friday, April 11th. Finally, Barclays reiterated an "overweight" rating on shares of Shell in a research note on Wednesday, March 26th. One investment analyst has rated the stock with a hold rating, eleven have given a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat, Shell currently has an average rating of "Buy" and an average price target of $78.35.

Institutional Investors Weigh In On Shell

Hedge funds have recently added to or reduced their stakes in the stock. First Wilshire Securities Management Inc. boosted its stake in shares of Shell by 1.6% in the 4th quarter. First Wilshire Securities Management Inc. now owns 9,518 shares of the energy company's stock valued at $596,000 after purchasing an additional 153 shares during the last quarter. Foster Group Inc. boosted its stake in shares of Shell by 5.0% in the 4th quarter. Foster Group Inc. now owns 3,393 shares of the energy company's stock valued at $213,000 after purchasing an additional 162 shares during the last quarter. Titleist Asset Management LLC boosted its stake in shares of Shell by 3.1% in the 4th quarter. Titleist Asset Management LLC now owns 5,526 shares of the energy company's stock valued at $346,000 after purchasing an additional 164 shares during the last quarter. Sax Wealth Advisors LLC boosted its stake in shares of Shell by 3.9% in the 1st quarter. Sax Wealth Advisors LLC now owns 4,367 shares of the energy company's stock valued at $320,000 after purchasing an additional 164 shares during the last quarter. Finally, Warther Private Wealth LLC boosted its stake in shares of Shell by 5.0% in the 1st quarter. Warther Private Wealth LLC now owns 3,433 shares of the energy company's stock valued at $252,000 after purchasing an additional 165 shares during the last quarter. Institutional investors own 28.60% of the company's stock.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

About Shell

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.