Sigma Planning Corp boosted its position in shares of Shell PLC Unsponsored ADR (NYSE:SHEL – Free Report) by 83.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 17,121 shares of the energy company’s stock after buying an additional 7,785 shares during the quarter. Sigma Planning Corp’s holdings in Shell were worth $1,574,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in SHEL. Engineers Gate Manager LP lifted its holdings in shares of Shell by 300.7% in the second quarter. Engineers Gate Manager LP now owns 840,770 shares of the energy company’s stock valued at $65,193,000 after purchasing an additional 630,948 shares in the last quarter. Waverly Advisors LLC boosted its position in shares of Shell by 307.1% in the second quarter. Waverly Advisors LLC now owns 407,847 shares of the energy company’s stock worth $31,624,000 after buying an additional 307,671 shares during the period. Cibc World Market Inc. grew its holdings in shares of Shell by 66.3% during the second quarter. Cibc World Market Inc. now owns 586,039 shares of the energy company’s stock valued at $45,441,000 after buying an additional 233,634 shares in the last quarter. Van ECK Associates Corp raised its position in Shell by 44.3% during the second quarter. Van ECK Associates Corp now owns 643,152 shares of the energy company’s stock valued at $49,870,000 after buying an additional 197,551 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in Shell by 7.9% during 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 during the period. 28.60% of the stock is owned by institutional investors and hedge funds.
Shell News Summary
Here are the key news stories impacting Shell this week:
- Positive Sentiment: New Gulf of America production: Shell announced that Phase 3 of the Silvertip project has begun adding production. The project should provide incremental upstream output and cash flow, reinforcing Shell’s portfolio and supporting its growth outlook. Shell adds production in the Gulf of America with Phase 3 Silvertip
- Positive Sentiment: Strong Q3 expectations: Visible Alpha consensus anticipates a robust quarter, supported by higher year-over-year commodity prices and resilient Downstream performance. Downstream revenue is projected at $73.64 billion, while Upstream and Integrated Gas revenue is expected to reach $27.72 billion. Refining margins are forecast to rise to $40 per barrel from $24 in the prior quarter and $12 a year earlier, potentially boosting earnings and cash generation. Shell Earnings Preview: Q3 2026
- Positive Sentiment: Analyst raises earnings forecasts: Erste Group Bank, which maintains a Buy rating, lifted its FY2026 EPS estimate to $12.92 from $12.36 and its FY2027 estimate to $10.56 from $10.20. The revisions signal improving expectations for Shell’s profitability, though estimates remain subject to oil, gas and refining-market volatility. Shell analyst estimates
- Neutral Sentiment: Al Ahly partnership renewed: Shell and Al Ahly Football Company extended their partnership for another four years. The agreement supports Shell’s brand visibility and local commercial presence in Egypt but is unlikely to have a meaningful near-term effect on earnings. Shell, Al Ahly Football Company renew partnership for another four years
- Negative Sentiment: Petrol-station pricing issue: Shell issued a statement regarding an incorrect price displayed at a petrol station. The matter may create limited reputational or customer-service concerns, but no significant financial impact was indicated. Shell issues statement over wrong price at petrol station
Shell Trading Up 0.3%
Shell (NYSE:SHEL – Get Free Report) last announced 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. The business had revenue of $94.66 billion during the quarter, compared to analyst estimates of $86.22 billion. Shell had a return on equity of 14.34% and a net margin of 8.55%. As a group, sell-side analysts anticipate that Shell PLC Unsponsored ADR will post 11.94 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on the company. UBS Group set a $90.00 price objective on Shell in a research report on Friday, September 25th. Erste Group Bank raised Shell from a “hold” rating to a “buy” rating in a research note on Thursday, August 27th. HSBC reiterated a “buy” rating on shares of Shell in a report on Friday, September 25th. Piper Sandler increased their price target on shares of Shell from $89.00 to $100.00 and gave the stock a “neutral” rating in a research report on Thursday, September 3rd. Finally, Weiss Ratings raised shares of Shell from a “buy (b)” rating to a “buy (a-)” rating in a research report on Thursday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $106.63.
Check Out Our Latest Stock Analysis on SHEL
About Shell
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.
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