Rep. Josh Gottheimer Unloads Shares of Shell plc (NYSE:SHEL)

Representative Josh Gottheimer (D-New Jersey) recently sold shares of Shell plc NYSE: SHEL. In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Shell stock on April 9th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of RTX NYSE: RTX on 4/23/2025.
• Purchased $1,001 - $15,000 in shares of Cheniere Energy NYSE: LNG on 4/22/2025.
• Purchased $1,001 - $15,000 in shares of Techtronic Industries OTCMKTS: TTNDY on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Tri Pointe Homes NYSE: TPH on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk NYSE: TLK on 4/21/2025.
• Sold $1,001 - $15,000 in shares of KKR & Co. Inc. NYSE: KKR on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of D.R. Horton NYSE: DHI on 4/21/2025.
• Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 4/21/2025.
• Sold $1,001 - $15,000 in shares of Hillman Solutions NASDAQ: HLMN on 4/17/2025.
• Sold $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 4/17/2025.

Shell Trading Up 0.3%

SHEL stock traded up $0.22 on Wednesday, hitting $66.84. 1,499,527 shares of the company were exchanged, compared to its average volume of 4,285,752. Shell plc has a twelve month low of $58.55 and a twelve month high of $74.46. The business's fifty day moving average is $66.76 and its two-hundred day moving average is $65.87. The stock has a market capitalization of $201.04 billion, a price-to-earnings ratio of 13.32, a price-to-earnings-growth 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 issued its earnings results on Friday, May 2nd. The energy company reported $1.84 earnings per share for the quarter, beating analysts' consensus estimates of $1.54 by $0.30. The firm had revenue of $69.23 billion for the quarter, compared to analysts' expectations of $79.18 billion. Shell had a return on equity of 12.75% and a net margin of 5.57%. During the same quarter last year, the firm earned $2.40 earnings per share. As a group, research analysts forecast that Shell plc will post 7.67 earnings per share for the current year.

Shell announced that its board has initiated a share repurchase plan on Friday, May 2nd that authorizes the company to repurchase $3.50 billion in shares. This repurchase authorization authorizes the energy company to repurchase up to 1.8% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board believes its shares are undervalued.

Shell Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 23rd. Stockholders of record on Friday, May 16th will be paid a dividend of $0.716 per share. This represents a $2.86 dividend on an annualized basis and a dividend yield of 4.29%. The ex-dividend date of this dividend is Friday, May 16th. Shell's dividend payout ratio is currently 65.90%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on SHEL shares. TD Cowen dropped their price objective on shares of Shell from $82.00 to $76.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. TD Securities reiterated a "buy" rating on shares of Shell in a report on Friday, April 4th. Hsbc Global Res raised Shell to a "strong-buy" rating in a research report on Tuesday, May 13th. Barclays reissued an "overweight" rating on shares of Shell in a research report on Wednesday, March 26th. Finally, Wells Fargo & Company reduced their target price on shares of Shell from $83.00 to $80.00 and set an "overweight" rating on the stock in a research report on Monday, May 5th. One equities research analyst has rated the stock with a hold rating, eleven have issued a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Shell presently has a consensus rating of "Buy" and a consensus price target of $78.35.

Institutional Trading of Shell

Several hedge funds and other institutional investors have recently bought and sold shares of SHEL. Aprio Wealth Management LLC boosted its holdings in Shell by 45.6% in the fourth quarter. Aprio Wealth Management LLC now owns 5,774 shares of the energy company's stock worth $362,000 after purchasing an additional 1,809 shares during the period. Moody National Bank Trust Division lifted its stake in Shell by 157.4% in the fourth quarter. Moody National Bank Trust Division now owns 9,770 shares of the energy company's stock valued at $612,000 after buying an additional 5,974 shares during the last quarter. Miracle Mile Advisors LLC increased its holdings in shares of Shell by 62.8% in the 4th quarter. Miracle Mile Advisors LLC now owns 22,439 shares of the energy company's stock worth $1,406,000 after acquiring an additional 8,655 shares during the period. Pines Wealth Management LLC bought a new stake in Shell in the 4th quarter valued at about $717,000. Finally, Park Avenue Securities LLC boosted its stake in Shell by 40.8% during the 4th quarter. Park Avenue Securities LLC now owns 66,911 shares of the energy company's stock valued at $4,192,000 after purchasing an additional 19,373 shares during the period. 28.60% of the stock is owned by institutional investors.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

Shell Company 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.