Erste Group Bank Brokers Raise Earnings Estimates for Shell

Shell PLC Unsponsored ADR (NYSE:SHEL) – Research analysts at Erste Group Bank upped their FY2026 earnings estimates for shares of Shell in a report issued on Friday, September 18th. Erste Group Bank analyst H. Engel now anticipates that the energy company will post earnings per share of $11.36 for the year, up from their prior forecast of $11.20. Erste Group Bank currently has a “Buy” rating on the stock. The consensus estimate for Shell’s current full-year earnings is $10.87 per share. Erste Group Bank also issued estimates for Shell’s FY2027 earnings at $9.60 EPS.

Several other equities analysts have also commented on the stock. Morgan Stanley set a $101.30 price objective on shares of Shell and gave the stock an “overweight” rating in a report on Thursday, September 3rd. Zacks Research lowered Shell from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. Wells Fargo & Company lifted their target price on Shell from $100.00 to $105.00 and gave the company an “equal weight” rating in a research report on Friday, July 31st. Wall Street Zen upgraded shares of Shell from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 8th. Finally, Weiss Ratings raised shares of Shell from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 28th. Seven equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $107.46.

Shell Stock Down 1.3%

Shares of SHEL opened at $93.31 on Tuesday. 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 firm has a market cap of $261.60 billion, a P/E ratio of 10.30, a price-to-earnings-growth ratio of 0.80 and a beta of 0.05. The company’s 50-day moving average price is $91.14 and its 200 day moving average price is $88.01. Shell has a 12-month low of $68.63 and a 12-month high of $99.15.

Shell (NYSE:SHEL) last posted its earnings results on Friday, July 31st. The energy company reported $3.52 EPS for the quarter, beating analysts’ consensus estimates of $3.23 by $0.29. The company had revenue of $94.66 billion for the quarter, compared to the consensus estimate of $86.22 billion. Shell had a return on equity of 14.34% and a net margin of 8.55%.

Hedge Funds Weigh In On Shell

Several hedge funds have recently made changes to their positions in SHEL. Bank of America Corp DE increased its position in shares of 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 purchasing an additional 146,988 shares in the last quarter. First Eagle Investment Management LLC lifted its stake in Shell by 1.5% in the second quarter. First Eagle Investment Management LLC now owns 1,073,265 shares of the energy company’s stock valued at $83,221,000 after buying an additional 16,244 shares during the last quarter. Engineers Gate Manager LP increased its holdings in shares of Shell by 300.7% in 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. Jones Financial Companies Lllp boosted its stake in 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 purchasing an additional 38,212 shares during the period. Finally, Van ECK Associates Corp grew its position in Shell by 44.3% during the 2nd quarter. Van ECK Associates Corp now owns 643,152 shares of the energy company’s stock worth $49,870,000 after purchasing an additional 197,551 shares during the last quarter. Hedge funds and other institutional investors own 28.60% of the company’s stock.

About Shell

Shell plc is a global energy company headquartered in London, United Kingdom. Its operations span the exploration, production, processing, trading and marketing of energy resources, including crude oil, natural gas and liquefied natural gas (LNG).

The company also operates refineries, petrochemical and chemical businesses, fuel stations and other energy-marketing activities. Through its Energy Solutions operations, Shell provides renewable power, electric-vehicle charging, energy-efficiency services and lower-carbon fuels, while continuing to develop technologies and projects intended to reduce emissions from energy production and use.

Shell traces its history to the Royal Dutch Petroleum Company and the Shell Transport and Trading Company, which combined their operations in 1907.