Weekly Analysts’ Ratings Changes for Shell (SHEL)

A number of firms have modified their ratings and price targets on shares of Shell (NYSE: SHEL) recently:

• 1/10/2025 – Shell had its price target lowered by analysts at Wells Fargo & Company from $87.00 to $86.00. They now have an “overweight” rating on the stock.
• 1/8/2025 – Shell was upgraded by analysts at UBS Group AG from a “neutral” rating to a “buy” rating.
• 1/7/2025 – Shell was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating. They now have a $79.80 price target on the stock, up previously from $66.50.
• 1/3/2025 – Shell was upgraded by analysts at Wolfe Research from a “peer perform” rating to an “outperform” rating. They now have a $80.00 price target on the stock.
• 12/19/2024 – Shell had its price target lowered by analysts at Piper Sandler from $82.00 to $72.00. They now have an “overweight” rating on the stock.
• 12/9/2024 – Shell had its price target lowered by analysts at Wells Fargo & Company from $88.00 to $87.00. They now have an “overweight” rating on the stock.

Shell Price Performance

SHEL stock opened at $65.96 on Thursday. The firm has a 50 day moving average price of $64.22 and a 200-day moving average price of $67.68. Shell plc has a 52-week low of $60.15 and a 52-week high of $74.61. The firm has a market capitalization of $201.69 billion, a price-to-earnings ratio of 13.57, a PEG ratio of 5.96 and a beta of 0.55. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.13 and a current ratio of 1.40.

Shell (NYSE:SHEL) last released its earnings results on Thursday, October 31st. The energy company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.72 by $0.20. Shell had a net margin of 5.17% and a return on equity of 14.54%. The firm had revenue of $72.46 billion during the quarter, compared to analyst estimates of $84.58 billion. During the same period last year, the business earned $1.86 earnings per share. Equities research analysts forecast that Shell plc will post 8.16 EPS for the current fiscal year.

Shell Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Friday, November 15th were given a dividend of $0.688 per share. This represents a $2.75 annualized dividend and a dividend yield of 4.17%. The ex-dividend date of this dividend was Friday, November 15th. Shell’s dividend payout ratio (DPR) is currently 56.58%.

Institutional Investors Weigh In On Shell

Institutional investors and hedge funds have recently made changes to their positions in the company. Coronation Fund Managers Ltd. grew its position in Shell by 7.6% in the 2nd quarter. Coronation Fund Managers Ltd. now owns 15,201 shares of the energy company’s stock worth $1,097,000 after purchasing an additional 1,068 shares during the period. Hsbc Holdings PLC grew its position in Shell by 46.0% in the 2nd quarter. Hsbc Holdings PLC now owns 42,220 shares of the energy company’s stock worth $3,048,000 after purchasing an additional 13,299 shares during the period. AE Wealth Management LLC grew its position in Shell by 13.2% in the 2nd quarter. AE Wealth Management LLC now owns 12,106 shares of the energy company’s stock worth $874,000 after purchasing an additional 1,416 shares during the period. Sei Investments Co. grew its position in Shell by 8.4% in the 2nd quarter. Sei Investments Co. now owns 323,875 shares of the energy company’s stock worth $23,378,000 after purchasing an additional 25,143 shares during the period. Finally, Bank of Montreal Can grew its position in Shell by 53.6% in the 2nd quarter. Bank of Montreal Can now owns 1,295,389 shares of the energy company’s stock worth $93,540,000 after purchasing an additional 452,061 shares during the period. Institutional investors own 28.60% of the company’s stock.

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.