Shell PLC Unsponsored ADR $SHEL Stock Sold by Mondrian Investment Partners LTD

Mondrian Investment Partners LTD lessened its stake in Shell PLC Unsponsored ADR (NYSE:SHEL) by 19.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,298,081 shares of the energy company’s stock after selling 319,149 shares during the quarter. Shell accounts for 2.7% of Mondrian Investment Partners LTD’s investment portfolio, making the stock its 13th largest position. Mondrian Investment Partners LTD’s holdings in Shell were worth $123,383,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SHEL. Bank of America Corp DE grew its position in Shell by 1.9% during the second quarter. Bank of America Corp DE now owns 7,709,715 shares of the energy company’s stock worth $597,811,000 after buying an additional 146,988 shares during the period. Envestnet Asset Management Inc. increased its holdings in Shell by 7.9% in the second quarter. Envestnet Asset Management Inc. now owns 2,352,694 shares of the energy company’s stock valued at $182,425,000 after buying an additional 171,873 shares in the last quarter. First Eagle Investment Management LLC lifted its position in shares of Shell by 1.5% during the 2nd quarter. First Eagle Investment Management LLC now owns 1,073,265 shares of the energy company’s stock valued at $83,221,000 after acquiring an additional 16,244 shares during the period. Engineers Gate Manager LP lifted its position in shares of Shell by 300.7% during the 2nd quarter. Engineers Gate Manager LP now owns 840,770 shares of the energy company’s stock valued at $65,193,000 after acquiring an additional 630,948 shares during the period. Finally, Jones Financial Companies Lllp boosted its stake in shares of Shell by 5.2% during the 2nd quarter. Jones Financial Companies Lllp now owns 776,654 shares of the energy company’s stock worth $59,445,000 after acquiring an additional 38,212 shares in the last quarter. Institutional investors and hedge funds own 28.60% of the company’s stock.

More Shell News

Here are the key news stories impacting Shell this week:

• Positive Sentiment: Refining outlook supports earnings: Higher third-quarter refining margins could help Shell exceed consensus earnings expectations. The ARC Resources acquisition may also expand Canadian gas reserves and support future LNG Canada growth, providing potential long-term production and cash-flow benefits. Shell: Refining Should Continue To Drive Earnings Higher
• Positive Sentiment: Strong technical momentum: Shell reached $108.18, marking its second 52-week high in one week. The new high reinforces market momentum and investor demand for the shares. Shell Reaches $108.18, Its Second 52-Week High in a Week
• Positive Sentiment: Favorable analyst positioning: Zacks highlighted SHEL as a value candidate, a top momentum stock, and a highly ranked oil-and-energy opportunity. These assessments reflect supportive valuation and earnings-estimate trends, although they are not company guidance. Should Value Investors Buy Shell Stock?
• Neutral Sentiment: Potential Infineum transaction: Shell- and Exxon-owned additives venture Infineum is reportedly exploring an $8 billion sale. A transaction could eventually unlock value, but the report describes exploratory discussions rather than a completed deal. Market Chatter: Shell- and Exxon-Owned Infineum Explores $8 Billion Sale
• Neutral Sentiment: Growth investment in Kazakhstan: Shell is considering expanded seismic work and a deep well in Kazakhstan. The project could improve exploration prospects but also carries execution, capital-spending, and exploration risks. Shell Eyes Major Seismic Push and Deep Well in Kazakhstan

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Mizuho set a $103.00 price target on Shell in a report on Monday, October 12th. Weiss Ratings raised Shell from a “buy (b)” rating to a “buy (a-)” rating in a report on Thursday, October 8th. Morgan Stanley set a $101.30 price objective on Shell and gave the stock an “overweight” rating in a report on Thursday, September 3rd. Erste Group Bank upgraded Shell from a “hold” rating to a “buy” rating in a research report on Thursday, August 27th. Finally, UBS Group set a $90.00 target price on Shell in a report on Friday, September 25th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $106.63.

Shell Stock Performance

Shares of SHEL opened at $108.17 on Friday. Shell PLC Unsponsored ADR has a 12-month low of $68.63 and a 12-month high of $108.43. The stock has a market cap of $309.88 billion, a P/E ratio of 11.94, a PEG ratio of 0.91 and a beta of 0.10. The company has a current ratio of 1.43, a quick ratio of 1.12 and a debt-to-equity ratio of 0.36. The company has a 50-day moving average of $96.69 and a two-hundred day moving average of $89.72.

Shell (NYSE:SHEL) last released its quarterly earnings results on Friday, July 31st. The energy company reported $3.52 EPS for the quarter, beating the consensus estimate of $3.23 by $0.29. Shell had a net margin of 8.55% and a return on equity of 14.34%. The business had revenue of $94.66 billion for the quarter, compared to analyst estimates of $86.22 billion. As a group, research analysts predict that Shell PLC Unsponsored ADR will post 11.86 EPS for the current fiscal year.

Shell Company Profile

Shell plc is a global energy company headquartered in London, England. Its operations span the energy value chain, including the exploration, production, processing, trading and marketing of oil and natural gas. The company is also a major participant in liquefied natural gas (LNG), refining, chemicals and energy-related products.

Shell sells fuels, lubricants and other petroleum products through branded retail and commercial businesses, while also providing services to industrial, marine and aviation customers.