Erste Group Bank Brokers Raise Earnings Estimates for Shell

Shell PLC Unsponsored ADR (NYSE:SHEL) – Stock analysts at Erste Group Bank raised their FY2026 earnings per share (EPS) estimates for Shell in a research note issued on Thursday, August 27th. Erste Group Bank analyst H. Engel now expects that the energy company will earn $11.18 per share for the year, up from their prior forecast of $11.08. Erste Group Bank has a “Buy” rating on the stock. The consensus estimate for Shell’s current full-year earnings is $10.38 per share. Erste Group Bank also issued estimates for Shell’s FY2027 earnings at $9.38 EPS.

Shell (NYSE:SHEL) last released its quarterly earnings data on Friday, July 31st. The energy company reported $3.52 earnings per share (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 firm had revenue of $94.66 billion during the quarter, compared to analyst estimates of $86.22 billion.

Other analysts have also recently issued reports about the stock. Piper Sandler upped their price objective on shares of Shell from $88.00 to $89.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Wall Street Zen upgraded shares of Shell from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Weiss Ratings upgraded Shell from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 28th. Mizuho started coverage on Shell in a report on Monday, July 20th. They set a “neutral” rating and a $98.00 price target for the company. Finally, Jefferies Financial Group lifted their price objective on Shell to $122.40 and gave the company a “buy” rating in a research report on Thursday, May 21st. Six equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $106.77.

Shell Stock Up 2.4%

SHEL opened at $93.64 on Monday. Shell has a twelve month low of $68.63 and a twelve month high of $94.90. The firm has a market cap of $262.52 billion, a price-to-earnings ratio of 10.34, a PEG ratio of 0.60 and a beta of 0.05. The firm’s 50-day simple moving average is $86.72 and its 200-day simple moving average is $86.59. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.12 and a current ratio of 1.43.

Institutional Trading of Shell

Hedge funds and other institutional investors have recently modified their holdings of the stock. Brighton Jones LLC boosted its position in Shell by 51.7% in the 4th quarter. Brighton Jones LLC now owns 7,463 shares of the energy company’s stock valued at $468,000 after buying an additional 2,545 shares during the last quarter. AQR Capital Management LLC raised its position in shares of Shell by 70.1% during the first quarter. AQR Capital Management LLC now owns 32,564 shares of the energy company’s stock worth $2,386,000 after acquiring an additional 13,419 shares during the last quarter. IHT Wealth Management LLC lifted its stake in shares of Shell by 31.6% during the second quarter. IHT Wealth Management LLC now owns 11,900 shares of the energy company’s stock valued at $838,000 after acquiring an additional 2,857 shares during the period. Captrust Financial Advisors boosted its holdings in Shell by 5.5% in the second quarter. Captrust Financial Advisors now owns 137,086 shares of the energy company’s stock valued at $9,652,000 after acquiring an additional 7,179 shares during the last quarter. Finally, Horizon Investments LLC increased its position in Shell by 6.4% in the third quarter. Horizon Investments LLC now owns 3,521 shares of the energy company’s stock worth $252,000 after purchasing an additional 211 shares during the period. Institutional investors and hedge funds own 28.60% of the company’s stock.

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.