Elevation Point Wealth Partners LLC Grows Position in Shell PLC Unsponsored ADR $SHEL

Elevation Point Wealth Partners LLC increased its holdings in Shell PLC Unsponsored ADR (NYSE:SHEL) by 18.8% during the 2nd quarter, HoldingsChannel reports. The firm owned 45,721 shares of the energy company’s stock after buying an additional 7,233 shares during the period. Elevation Point Wealth Partners LLC’s holdings in Shell were worth $3,545,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Great Lakes Advisors LLC lifted its holdings in shares of Shell by 2.3% in the 2nd quarter. Great Lakes Advisors LLC now owns 385,622 shares of the energy company’s stock valued at $29,901,000 after acquiring an additional 8,659 shares during the last quarter. Allied Investment Advisors LLC lifted its stake in shares of Shell by 2.5% in the 4th quarter. Allied Investment Advisors LLC now owns 196,452 shares of the energy company’s stock valued at $14,435,000 after purchasing an additional 4,720 shares during the last quarter. Captrust Financial Advisors raised 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 buying an additional 42,129 shares during the period. Adell Harriman & Carpenter Inc. boosted its stake in Shell by 4.7% during the fourth 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 period. Finally, Callan Family Office LLC raised its stake in shares of Shell by 1.4% in the second quarter. Callan Family Office LLC now owns 133,184 shares of the energy company’s stock valued at $10,327,000 after acquiring an additional 1,793 shares during the period. 28.60% of the stock is currently owned by hedge funds and other institutional investors.

Shell Stock Down 0.3%

Shares of NYSE SHEL opened at $93.39 on Friday. Shell PLC Unsponsored ADR has a 52-week low of $68.63 and a 52-week high of $94.90. The firm has a market capitalization 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 50 day moving average price of $85.10 and a 200 day moving average price of $85.81. 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) last released its quarterly earnings data on Friday, July 31st. The energy company reported $3.52 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $86.22 billion. Sell-side analysts expect that Shell PLC Unsponsored ADR will post 10.36 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently commented on SHEL. TD Cowen reaffirmed a “buy” rating on shares of Shell in a research note on Thursday, July 2nd. Wall Street Zen raised shares of Shell from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 8th. Jefferies Financial Group boosted their target price on Shell to $122.40 and gave the company a “buy” rating in a research report on Thursday, May 21st. Weiss Ratings raised Shell from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, July 28th. Finally, Zacks Research lowered Shell from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. Five investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $106.77.

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

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.