Raleigh Capital Management Inc. bought a new stake in Shell PLC Unsponsored ADR (NYSE:SHEL – Free Report) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 30,404 shares of the energy company’s stock, valued at approximately $2,890,000. Shell comprises about 0.9% of Raleigh Capital Management Inc.’s investment portfolio, making the stock its 22nd largest holding.
Several other institutional investors also recently bought and sold shares of SHEL. Livelsberger Financial Advisory bought a new position in Shell during the 3rd quarter worth approximately $33,000. Continuum Advisory LLC purchased a new position in Shell in the 2nd quarter worth approximately $34,000. Pension & Wealth Management Advisors Inc. bought a new stake in Shell in the third quarter valued at approximately $35,000. DecisionPoint Financial LLC lifted its position in Shell by 73.3% in the third quarter. DecisionPoint Financial LLC now owns 376 shares of the energy company’s stock valued at $36,000 after purchasing an additional 159 shares during the last quarter. Finally, Latitude Advisors LLC purchased a new stake in shares of Shell during the third quarter valued at approximately $38,000. 28.60% of the stock is currently owned by hedge funds and other institutional investors.
Shell News Summary
Here are the key news stories impacting Shell this week:
- Positive Sentiment: Major earnings beat: Shell reported third-quarter adjusted earnings of approximately $10.8 billion, more than double the year-earlier result and above expectations. Record refining margins, along with stronger gas and LNG prices, drove the improvement. Reported EPS of $3.86 also exceeded the $3.54 consensus, although revenue was slightly below estimates. Reuters earnings report
- Positive Sentiment: $5 billion share buyback: Shell authorized repurchases of up to 1.7% of its shares, signaling confidence in cash flow and potentially supporting per-share earnings. The larger buyback was enabled by higher quarterly cash generation. Zacks earnings call highlights
- Positive Sentiment: LNG growth remains a strategic tailwind: Management highlighted expansion in liquefied natural gas and continued operational execution, reinforcing Shell’s position in a business expected to provide relatively resilient long-term energy demand. Zacks LNG and buyback article
- Positive Sentiment: Analyst price-target increase: Wells Fargo raised its target from $105 to $116 while retaining an “equal weight” rating, implying additional potential upside but also signaling that valuation is becoming more balanced. Wells Fargo analyst recommendations
- Neutral Sentiment: Shell declared a quarterly interim dividend of $0.3906 per share and published the 2027 dividend timetable, providing continued visibility for income-focused investors. Shell dividend announcement
- Negative Sentiment: Earnings quality and geopolitical risks warrant caution: Refining margins are unusually high and could retreat, while Middle East disruptions are supporting prices but creating operational and demand uncertainty. CEO Wael Sawan said it is too early to assess the disruptions’ long-term effect on oil demand. Shell CEO comments on supply disruptions
Shell Price Performance
Shares of SHEL stock opened at $108.76 on Friday. The firm has a market cap of $311.57 billion, a P/E ratio of 9.82, a P/E/G ratio of 0.88 and a beta of 0.10. Shell PLC Unsponsored ADR has a fifty-two week low of $68.63 and a fifty-two week high of $109.37. The business’s 50 day moving average price is $98.10 and its 200-day moving average price is $88.17. 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 (NYSE:SHEL – Get Free Report) last announced its earnings results on Thursday, October 29th. The energy company reported $3.86 EPS for the quarter, beating analysts’ consensus estimates of $3.54 by $0.32. Shell had a return on equity of 17.39% and a net margin of 9.96%. The company had revenue of $92.85 billion during the quarter, compared to the consensus estimate of $93.25 billion. On average, equities research analysts anticipate that Shell PLC Unsponsored ADR will post 11.94 earnings per share for the current year.
Shell announced that its board has approved a stock buyback program on Thursday, October 29th that authorizes the company to repurchase $5 billion in shares. This repurchase authorization authorizes the energy company to reacquire up to 1.7% of its stock through open market purchases. Share repurchase programs are often an indication that the company’s management believes its stock is undervalued.
Analyst Ratings Changes
Several brokerages have recently issued reports on SHEL. Zacks Research upgraded shares of Shell from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 6th. UBS Group set a $90.00 price target on shares of Shell in a report on Friday, September 25th. Mizuho set a $103.00 price target on shares of Shell in a research report on Monday, October 12th. Barclays reissued an “overweight” rating on shares of Shell in a report on Monday, October 5th. Finally, Wall Street Zen raised shares of Shell from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $107.86.
View Our Latest Analysis on SHEL
About Shell
Shell plc is a global energy company headquartered in London, England. Its operations span the energy value chain, including the exploration, production, processing, trading and marketing of oil and natural gas. The company is also a major participant in liquefied natural gas (LNG), refining, chemicals and energy-related products.
Shell sells fuels, lubricants and other petroleum products through branded retail and commercial businesses, while also providing services to industrial, marine and aviation customers.
Featured Stories
- Five stocks we like better than Shell
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
- Breaching the Valuation: The Real Reason Fortinet Dropped
Want to see what other hedge funds are holding SHEL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Shell PLC Unsponsored ADR (NYSE:SHEL – Free Report).
Receive News & Ratings for Shell Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shell and related companies with MarketBeat.com's FREE daily email newsletter.
