Lord Abbett & CO. LLC Lowers Holdings in Shell PLC Unsponsored ADR $SHEL

Lord Abbett & CO. LLC reduced its stake in shares of Shell PLC Unsponsored ADR (NYSE:SHEL) by 2.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,846,181 shares of the energy company’s stock after selling 53,612 shares during the quarter. Lord Abbett & CO. LLC’s holdings in Shell were worth $135,657,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in SHEL. Colonial Trust Advisors increased its position in Shell by 9.5% during the 4th quarter. Colonial Trust Advisors now owns 1,488 shares of the energy company’s stock valued at $109,000 after buying an additional 129 shares in the last quarter. LRI Investments LLC increased its holdings in shares of Shell by 25.1% in the fourth quarter. LRI Investments LLC now owns 846 shares of the energy company’s stock valued at $62,000 after purchasing an additional 170 shares during the period. NBC Securities Inc. increased its holdings in shares of Shell by 1.9% in the fourth quarter. NBC Securities Inc. now owns 9,552 shares of the energy company’s stock valued at $702,000 after purchasing an additional 176 shares during the period. Prime Capital Investment Advisors LLC increased its holdings in shares of Shell by 0.8% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 22,244 shares of the energy company’s stock valued at $1,635,000 after purchasing an additional 178 shares during the period. Finally, Horizon Investments LLC increased its holdings in shares of Shell by 5.2% in the fourth quarter. Horizon Investments LLC now owns 3,703 shares of the energy company’s stock valued at $272,000 after purchasing an additional 182 shares during the period. 28.60% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on SHEL shares. BNP Paribas Exane set a $101.00 price objective on Shell and gave the company a “neutral” rating in a report on Friday, April 17th. Scotiabank increased their price objective on Shell from $91.00 to $122.00 and gave the company a “sector outperform” rating in a report on Wednesday, April 22nd. Morgan Stanley lowered Shell from an “overweight” rating to an “equal weight” rating in a report on Tuesday, March 24th. Wells Fargo & Company increased their price objective on Shell from $77.00 to $94.00 and gave the company an “equal weight” rating in a report on Thursday, April 9th. Finally, TD Cowen cut their price objective on Shell from $112.00 to $110.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Six analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $100.46.

Shell News Summary

Here are the key news stories impacting Shell this week:

• Positive Sentiment: Shell and Venezuela signed agreements to advance oil and gas projects, including participation in the large Loran offshore gas field, potentially opening a major new production avenue for the company. Venezuela signs agreements with Shell, including Loran gas field
• Positive Sentiment: Venezuela also issued a natural gas permit to Shell, reinforcing momentum behind the company’s return to the country and increasing hopes for future output growth. Venezuela issues natural gas permit to Britain’s Shell
• Positive Sentiment: Shell’s CEO said oil prices could keep rising even after the Iran war ends, a bullish signal for Shell’s upstream earnings and cash generation. Oil prices likely to keep climbing after Iran war ends, Shell CEO says
• Positive Sentiment: Reports that Shell is moving early into Venezuela’s comeback suggest the company may benefit if the agreements translate into real production and exports. Shell Moves Early Into Venezuela’s Comeback
• Neutral Sentiment: Shell is reportedly preparing to sell offshore wind assets worth more than $1 billion, signaling a strategic shift away from renewables and toward higher-return fossil fuel projects. Shell plans $1 billion wind farm sales in latest renewables exit, Bloomberg News reports
• Neutral Sentiment: Analysts at Erste Group slightly raised FY2026 EPS estimates but trimmed FY2027 estimates, with the stock still carrying a Hold rating. Shell PLC Unsponsored ADR analyst estimate changes

Shell Stock Performance

NYSE SHEL opened at $85.56 on Friday. The company has a market cap of $239.88 billion, a PE ratio of 13.33, a price-to-earnings-growth ratio of 0.46 and a beta of 0.05. The stock’s 50 day simple moving average is $87.82 and its 200-day simple moving average is $81.68. Shell PLC Unsponsored ADR has a 1-year low of $67.25 and a 1-year high of $94.90. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.27 and a quick ratio of 0.97.

Shell (NYSE:SHEL) last released its earnings results on Friday, May 8th. The energy company reported $2.44 earnings per share for the quarter, beating the consensus estimate of $2.14 by $0.30. The business had revenue of $69.69 billion for the quarter, compared to the consensus estimate of $77.54 billion. Shell had a return on equity of 11.18% and a net margin of 6.85%. As a group, equities research analysts anticipate that Shell PLC Unsponsored ADR will post 10.21 EPS for the current fiscal year.

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.