Gabelli Funds LLC Has $28.62 Million Position in Shell PLC Unsponsored ADR $SHEL

Gabelli Funds LLC trimmed its stake in shares of Shell PLC Unsponsored ADR (NYSE:SHEL) by 8.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 369,150 shares of the energy company’s stock after selling 35,025 shares during the period. Gabelli Funds LLC’s holdings in Shell were worth $28,624,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Great Lakes Advisors LLC grew its position in Shell by 2.3% in the second quarter. Great Lakes Advisors LLC now owns 385,622 shares of the energy company’s stock valued at $29,901,000 after purchasing an additional 8,659 shares in the last quarter. Allied Investment Advisors LLC raised its stake in Shell by 2.5% in the fourth quarter. Allied Investment Advisors LLC now owns 196,452 shares of the energy company’s stock valued at $14,435,000 after buying an additional 4,720 shares during the period. Captrust Financial Advisors lifted its holdings in Shell by 30.4% during the 4th quarter. Captrust Financial Advisors now owns 180,630 shares of the energy company’s stock valued at $13,273,000 after purchasing an additional 42,129 shares during the last quarter. Adell Harriman & Carpenter Inc. lifted its stake in shares of Shell by 4.7% during the 4th quarter. Adell Harriman & Carpenter Inc. now owns 156,733 shares of the energy company’s stock worth $11,517,000 after buying an additional 7,083 shares during the last quarter. Finally, Callan Family Office LLC boosted its holdings in shares of Shell by 1.4% during the second quarter. Callan Family Office LLC now owns 133,184 shares of the energy company’s stock worth $10,327,000 after acquiring an additional 1,793 shares during the period. Institutional investors and hedge funds own 28.60% of the company’s stock.

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

Shell Stock Performance

NYSE SHEL opened at $93.39 on Friday. The company has a market cap of $261.82 billion, a P/E ratio of 10.31, a PEG ratio of 0.61 and a beta of 0.05. The company has a fifty day simple moving average of $85.10 and a 200 day simple moving average of $85.81. The company has a current ratio of 1.43, a quick ratio of 1.12 and a debt-to-equity ratio of 0.36. Shell PLC Unsponsored ADR has a 12-month low of $68.63 and a 12-month high of $94.90.

Shell (NYSE:SHEL) last released its quarterly earnings results on Friday, July 31st. The energy company reported $3.52 EPS for the quarter, beating analysts’ consensus estimates of $3.23 by $0.29. The business had revenue of $94.66 billion during the quarter, compared to analyst estimates of $86.22 billion. Shell had a return on equity of 14.34% and a net margin of 8.55%. Sell-side analysts predict that Shell PLC Unsponsored ADR will post 10.36 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on SHEL shares. HSBC raised shares of Shell from a “hold” rating to a “buy” rating in a research report on Monday, May 18th. 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. Weiss Ratings raised shares of Shell from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 28th. Finally, Mizuho assumed coverage on Shell in a research note on Monday, July 20th. They issued a “neutral” rating and a $98.00 price target for the company. Five research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. According to data from MarketBeat, Shell presently has an average rating of “Hold” and a consensus target price of $106.77.

Shell 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.