Shell PLC Unsponsored ADR (NYSE:SHEL) Given Average Recommendation of "Hold" by Analysts

Key Points

• Analysts maintain a “Hold” consensus on Shell, with 13 hold ratings and five buys among 18 analysts. The average 12-month price target is $106.77.
• Shell’s latest quarterly results exceeded expectations, with EPS of $3.52 versus the $3.23 consensus and revenue of $94.66 billion compared with estimates of $86.22 billion.
• Shell shares opened at $93.39, near their 52-week high of $94.90, while institutional investors owned 28.6% of the stock and several funds increased their positions during the second quarter.

Shares of Shell PLC Unsponsored ADR (NYSE:SHEL - Get Free Report) have received a consensus recommendation of "Hold" from the eighteen analysts that are presently covering the stock, MarketBeat.com reports. Thirteen research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $106.7714.

SHEL has been the topic of several recent analyst reports. Piper Sandler raised their target price on shares of Shell from $88.00 to $89.00 and gave the company a "neutral" rating in a report on Monday, August 3rd. Jefferies Financial Group upped their price target on shares of Shell to $122.40 and gave the stock a "buy" rating in a report on Thursday, May 21st. Zacks Research cut shares of Shell from a "strong-buy" rating to a "hold" rating in a research note on Monday, May 25th. Erste Group Bank restated a "hold" rating on shares of Shell in a research report on Tuesday, May 5th. Finally, Mizuho started coverage on Shell in a report on Monday, July 20th. They issued a "neutral" rating and a $98.00 target price on the stock.

Shell Stock Performance

NYSE:SHEL opened at $93.39 on Friday. The company has a market cap of $261.82 billion, a price-to-earnings ratio of 10.31, a PEG ratio of 0.61 and a beta of 0.05. Shell has a fifty-two week low of $68.63 and a fifty-two week high of $94.90. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.12 and a current ratio of 1.43. The stock has a fifty day moving average price of $85.10 and a 200-day moving average price of $85.81.

Shell (NYSE:SHEL - Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The energy company reported $3.52 EPS for the quarter, topping analysts' consensus estimates of $3.23 by $0.29. Shell had a return on equity of 14.34% and a net margin of 8.55%.The company had revenue of $94.66 billion for the quarter, compared to analysts' expectations of $86.22 billion. As a group, equities analysts anticipate that Shell will post 10.36 EPS for the current fiscal year.

Shell News Summary

Here are the key news stories impacting Shell this week:

• Positive Sentiment: Shell and INDYCAR will introduce an updated 100% renewable race fuel in 2027, with production sourced from Indiana. The initiative strengthens Shell’s renewable-fuels technology profile, supports its energy-transition strategy, and provides high-visibility branding through motorsports. INDYCAR To Introduce Updated Shell 100% Renewable Race Fuel in 2027
• Positive Sentiment: An analysis of Shell’s acquisition of ARC Resources argues that the deal demonstrates portfolio flexibility amid Middle Eastern disruptions. ARC’s low-cost condensate production could improve supply resilience and help Shell adapt to geopolitical shocks, although the article does not provide new guidance on earnings or the transaction’s financial returns. Shell: ARC Acquisition Shows The Flexibility When Responding To The Middle East Situation
• Neutral Sentiment: Shell reiterated its safety commitment at a forum for contractors and company executives in Nigeria. The focus on operational safety may support Shell’s reputation and reduce long-term execution and liability risks, but no specific financial targets or new projects were announced. Shell reinforces safety commitment at CEO contractors forum

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of SHEL. Cibc World Market Inc. raised its stake in Shell by 66.3% during the second quarter. Cibc World Market Inc. now owns 586,039 shares of the energy company's stock worth $45,441,000 after acquiring an additional 233,634 shares in the last quarter. Van ECK Associates Corp boosted its stake in shares of Shell by 44.3% in the 2nd 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 in the last quarter. Cullen Capital Management LLC grew its holdings in shares of Shell by 50.0% during the 2nd quarter. Cullen Capital Management LLC now owns 448,464 shares of the energy company's stock valued at $34,774,000 after purchasing an additional 149,430 shares during the last quarter. Bank of America Corp DE increased its position in Shell by 1.9% during the 2nd quarter. Bank of America Corp DE now owns 7,709,715 shares of the energy company's stock worth $597,811,000 after purchasing an additional 146,988 shares in the last quarter. Finally, Thornburg Investment Management Inc. lifted its stake in Shell by 100.3% in the 2nd quarter. Thornburg Investment Management Inc. now owns 228,036 shares of the energy company's stock valued at $17,682,000 after purchasing an additional 114,162 shares during the last quarter. Institutional investors own 28.60% of the company's stock.

Shell Company Profile

Shell plc NYSE: SHEL is a global integrated energy company that operates across the full oil and gas value chain as well as in developing lower-carbon energy solutions. The company traces its roots to the early 20th century merger of Royal Dutch Petroleum and Shell Transport and Trading, and today it is organized to explore for and produce hydrocarbons, process and refine them, manufacture petrochemicals, and market fuel, lubricants and related products under the Shell brand around the world.

Shell's principal activities include upstream exploration and production of oil and natural gas, integrated gas operations including liquefied natural gas (LNG), and downstream refining, supply and marketing.

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