Journey Retirement Planning & Investment Management LLC Makes New Investment in Shell PLC Unsponsored ADR $SHEL

Journey Retirement Planning & Investment Management LLC acquired a new position in shares of Shell PLC Unsponsored ADR (NYSE:SHEL) during the third quarter, Holdings Channel reports. The fund acquired 9,168 shares of the energy company’s stock, valued at approximately $872,000.

A number of other large investors also recently made changes to their positions in SHEL. Continuum Advisory LLC purchased a new position in Shell during the second quarter worth about $34,000. Nalls Sherbakoff Group LLC purchased a new stake in Shell in the 4th quarter valued at about $36,000. Kilter Group LLC lifted its position in shares of Shell by 83.1% during the 2nd quarter. Kilter Group LLC now owns 498 shares of the energy company’s stock worth $39,000 after buying an additional 226 shares in the last quarter. Allied Private Wealth LLC purchased a new position in shares of Shell in the 2nd quarter worth approximately $43,000. Finally, Retirement Wealth Solutions LLC increased its position in shares of Shell by 57.8% during the third quarter. Retirement Wealth Solutions LLC now owns 478 shares of the energy company’s stock valued at $45,000 after acquiring an additional 175 shares during the last quarter. 28.60% of the stock is owned by institutional investors.

Shell Stock Performance

Shares of SHEL stock traded up $0.32 during trading on Friday, reaching $100.52. 5,312,484 shares of the company’s stock traded hands, compared to its average volume of 6,988,992. The firm’s 50-day moving average is $93.53 and its 200 day moving average is $88.76. The company has a market capitalization of $281.81 billion, a P/E ratio of 11.10, a PEG ratio of 0.78 and a beta of 0.10. Shell PLC Unsponsored ADR has a 1 year low of $68.63 and a 1 year high of $101.17. The company has a current ratio of 1.43, a quick ratio of 1.12 and a debt-to-equity ratio of 0.36.

Shell (NYSE:SHEL) last issued its quarterly earnings data on Friday, July 31st. The energy company reported $3.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.23 by $0.29. The business had revenue of $94.66 billion for the quarter, compared to analysts’ expectations of $86.22 billion. Shell had a return on equity of 14.34% and a net margin of 8.55%. Equities research analysts expect that Shell PLC Unsponsored ADR will post 11.23 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on SHEL shares. Mizuho assumed coverage on Shell in a research report on Monday, July 20th. They set a “neutral” rating and a $98.00 target price for the company. Piper Sandler increased their price target on shares of Shell from $89.00 to $100.00 and gave the company a “neutral” rating in a research report on Thursday, September 3rd. Zacks Research raised shares of Shell from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. HSBC reissued a “buy” rating on shares of Shell in a research report on Friday, September 25th. Finally, Morgan Stanley set a $101.30 price target on shares of Shell and gave the stock an “overweight” rating in a report on Thursday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $106.08.

Trending Headlines about Shell

Here are the key news stories impacting Shell this week:

• Positive Sentiment: Shell agreed to acquire a 30% stake in Equinor’s Bay du Nord offshore oil project in Canada, a development estimated at roughly $10 billion. The investment gives Shell exposure to a potentially significant long-term production project, while Equinor will retain 70%. Shell to buy 30% stake in Bay du Nord oil project
• Positive Sentiment: Shell has partially restarted its Pearl gas-to-liquids plant in Qatar and resumed naphtha shipments. The restart should help restore production and cash flow, although a full recovery depends on repairs and regional shipping conditions. Shell partially restarts Pearl gas-to-liquids plant
• Positive Sentiment: Shell’s third-quarter trading outlook pointed to stronger Integrated Gas production and refining margins. RBC lowered its quarterly profit estimate modestly but raised its cash-flow forecast and still expects earnings above consensus. Shell Q3 outlook
• Positive Sentiment: TD Cowen raised its price target to $115, while Zacks upgraded Shell from “hold” to “strong buy.” These ratings reinforce the bullish view that the stock may remain undervalued despite its recent advance. TD Cowen raises Shell price target
• Neutral Sentiment: Aditya Birla Renewables is seeking financing to acquire Shell’s Indian renewable-energy arm. The transaction could provide proceeds and sharpen Shell’s portfolio focus, but the financing process is not yet complete. Aditya Birla financing for Shell renewable arm acquisition
• Negative Sentiment: Shell and Chevron curtailed Gulf of Mexico output as Tropical Storm Isaias approached. The disruption appears temporary but could reduce near-term production and revenue. Shell cuts Gulf of Mexico output

About Shell

Shell plc is a global energy company headquartered in London, United Kingdom. Its operations span the exploration, production, processing, transportation and marketing of oil and natural gas, with an increasing focus on liquefied natural gas (LNG), lower-carbon energy and energy-transition solutions.

The company supplies fuels, lubricants, chemicals and other energy products to businesses, transportation customers and consumers. Shell also operates a network of retail service stations and provides charging services for electric vehicles, renewable power and related energy solutions.