Rep. Josh Gottheimer Purchases Shares of Shell plc (NYSE:SHEL)

Representative Josh Gottheimer (D-New Jersey) recently bought shares of Shell plc (NYSE:SHEL). In a filing disclosed on February 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Shell stock on January 16th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Twilio (NYSE:TWLO) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of ICF International (NASDAQ:ICFI) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Mastercard (NYSE:MA) on 1/31/2025.
• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of 3M (NYSE:MMM) on 1/30/2025.

Shell Stock Performance

NYSE:SHEL opened at $67.40 on Wednesday. Shell plc has a 12-month low of $60.15 and a 12-month high of $74.61. The company has a current ratio of 1.35, a quick ratio of 1.10 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $206.06 billion, a P/E ratio of 13.43, a P/E/G ratio of 0.98 and a beta of 0.54. The stock has a 50-day moving average price of $64.33 and a 200 day moving average price of $67.03.

Shell (NYSE:SHEL) last issued its earnings results on Thursday, January 30th. The energy company reported $1.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.74 by ($0.54). Shell had a return on equity of 12.75% and a net margin of 5.57%. Equities research analysts forecast that Shell plc will post 7.46 EPS for the current fiscal year.

Shell Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 24th. Investors of record on Friday, February 14th will be issued a $0.716 dividend. The ex-dividend date is Friday, February 14th. This represents a $2.86 annualized dividend and a yield of 4.25%. This is an increase from Shell’s previous quarterly dividend of $0.69. Shell’s dividend payout ratio is currently 54.78%.

Hedge Funds Weigh In On Shell

Several institutional investors and hedge funds have recently modified their holdings of the stock. Valley National Advisers Inc. boosted its stake in Shell by 930.2% during the 4th quarter. Valley National Advisers Inc. now owns 443 shares of the energy company’s stock worth $27,000 after purchasing an additional 400 shares during the last quarter. CoreFirst Bank & Trust acquired a new position in Shell during the fourth quarter worth about $28,000. Fortitude Family Office LLC purchased a new stake in Shell during the 3rd quarter valued at about $30,000. Human Investing LLC acquired a new stake in shares of Shell in the fourth quarter valued at approximately $31,000. Finally, Valley Wealth Managers Inc. purchased a new position in shares of Shell during the 3rd quarter worth $33,000. Institutional investors and hedge funds own 28.60% of the company’s stock.

Analyst Ratings Changes

SHEL has been the topic of several recent research reports. Wells Fargo & Company decreased their price target on Shell from $86.00 to $82.00 and set an “overweight” rating on the stock in a report on Friday, January 31st. 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. UBS Group upgraded shares of Shell from a “neutral” rating to a “buy” rating in a report on Wednesday, January 8th. Piper Sandler reduced their target price on shares of Shell from $82.00 to $72.00 and set an “overweight” rating on the stock in a research report on Thursday, December 19th. Finally, Morgan Stanley upgraded Shell from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $66.50 to $79.80 in a report on Tuesday, January 7th. One investment 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 company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $79.11.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About Shell

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.