Shell plc (NYSE:SHEL) Shares Sold by Radnor Capital Management LLC

Radnor Capital Management LLC lowered its stake in Shell plc (NYSE:SHEL) by 14.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,010 shares of the energy company’s stock after selling 2,085 shares during the quarter. Radnor Capital Management LLC’s holdings in Shell were worth $752,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Procyon Advisors LLC raised its stake in shares of Shell by 3.2% in the 3rd quarter. Procyon Advisors LLC now owns 5,074 shares of the energy company’s stock worth $335,000 after buying an additional 159 shares in the last quarter. GHP Investment Advisors Inc. lifted its holdings in Shell by 40.8% in the 3rd quarter. GHP Investment Advisors Inc. now owns 563 shares of the energy company’s stock valued at $37,000 after acquiring an additional 163 shares during the last quarter. Beddow Capital Management Inc. boosted its position in shares of Shell by 0.3% during the 2nd quarter. Beddow Capital Management Inc. now owns 61,061 shares of the energy company’s stock valued at $4,407,000 after purchasing an additional 165 shares in the last quarter. Doliver Advisors LP lifted its stake in Shell by 5.2% during the fourth quarter. Doliver Advisors LP now owns 3,632 shares of the energy company’s stock valued at $228,000 after purchasing an additional 180 shares during the last quarter. Finally, OneDigital Investment Advisors LLC boosted its holdings in Shell by 2.5% during the third quarter. OneDigital Investment Advisors LLC now owns 7,889 shares of the energy company’s stock worth $520,000 after buying an additional 196 shares in the last quarter. Institutional investors and hedge funds own 28.60% of the company’s stock.

Wall Street Analysts Forecast Growth

SHEL has been the subject of a number of recent research reports. Barclays upgraded Shell to a “strong-buy” rating in a research report on Wednesday, October 2nd. Piper Sandler dropped their price target on Shell from $82.00 to $72.00 and set an “overweight” rating on the stock in a research note on Thursday, December 19th. UBS Group raised shares of Shell from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 8th. Wolfe Research upgraded shares of Shell from a “peer perform” rating to an “outperform” rating and set a $80.00 price target on the stock in a report on Friday, January 3rd. Finally, Sanford C. Bernstein raised shares of Shell to a “strong-buy” rating in a research note on Friday, October 11th. One research analyst has rated the stock with a hold rating, eight have issued a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $79.69.

Shell Trading Up 0.7 %

Shell stock opened at $66.39 on Thursday. Shell plc has a 12 month low of $60.15 and a 12 month high of $74.61. The company has a quick ratio of 1.13, a current ratio of 1.40 and a debt-to-equity ratio of 0.34. The stock has a market cap of $204.30 billion, a P/E ratio of 13.66, a P/E/G ratio of 4.84 and a beta of 0.55. The company’s fifty day simple moving average is $64.24 and its 200-day simple moving average is $67.91.

Shell Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Friday, November 15th were given a $0.688 dividend. This represents a $2.75 annualized dividend and a yield of 4.15%. The ex-dividend date was Friday, November 15th. Shell’s payout ratio is currently 56.58%.

Shell Profile

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.