Northwestern Mutual Wealth Management Co. decreased its holdings in shares of Shell PLC Unsponsored ADR (NYSE:SHEL – Free Report) by 4.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 331,800 shares of the energy company’s stock after selling 14,102 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Shell were worth $25,728,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of SHEL. BI Asset Management Fondsmaeglerselskab A S lifted its stake in shares of Shell by 452.6% during the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 74,296 shares of the energy company’s stock worth $6,910,000 after buying an additional 60,850 shares during the last quarter. Captrust Financial Advisors raised its holdings in Shell by 30.4% in the 4th quarter. Captrust Financial Advisors now owns 180,630 shares of the energy company’s stock valued at $13,273,000 after acquiring an additional 42,129 shares during the period. XY Capital Ltd lifted its position in Shell by 139.1% during the second quarter. XY Capital Ltd now owns 42,854 shares of the energy company’s stock worth $3,323,000 after acquiring an additional 24,932 shares during the last quarter. Beese Fulmer Investment Management Inc. boosted its holdings in shares of Shell by 111.5% during the fourth quarter. Beese Fulmer Investment Management Inc. now owns 42,090 shares of the energy company’s stock worth $3,093,000 after acquiring an additional 22,187 shares during the period. Finally, Foster & Motley Inc. acquired a new position in shares of Shell in the second quarter valued at approximately $1,379,000. 28.60% of the stock is currently owned by institutional investors and hedge funds.
Key Shell News
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
Analysts Set New Price Targets
Read Our Latest Stock Report on SHEL
Shell Stock Performance
NYSE:SHEL opened at $93.39 on Friday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.12 and a current ratio of 1.43. Shell PLC Unsponsored ADR has a fifty-two week low of $68.63 and a fifty-two week high of $94.90. 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. 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 posted 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 the consensus estimate of $86.22 billion. Shell had a return on equity of 14.34% and a net margin of 8.55%. As a group, equities analysts anticipate that Shell PLC Unsponsored ADR will post 10.36 EPS for the current fiscal year.
About Shell
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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