Shell Stock Earnings Estimates Lifted by Erste Group Bank

Shell PLC Unsponsored ADR (NYSE:SHEL) – Stock analysts at Erste Group Bank raised their FY2026 earnings per share (EPS) estimates for shares of Shell in a note issued to investors on Wednesday, October 21st. Erste Group Bank analyst H. Engel now forecasts that the energy company will post earnings per share of $12.92 for the year, up from their prior forecast of $12.36. Erste Group Bank has a “Buy” rating on the stock. The consensus estimate for Shell’s current full-year earnings is $11.86 per share. Erste Group Bank also issued estimates for Shell’s FY2027 earnings at $10.56 EPS.

Several other research firms have also weighed in on SHEL. UBS Group set a $90.00 price objective on shares of Shell in a research report on Friday, September 25th. Barclays reissued an “overweight” rating on shares of Shell in a research note on Monday, October 5th. Morgan Stanley set a $101.30 target price on shares of Shell and gave the stock an “overweight” rating in a report on Thursday, September 3rd. Mizuho set a $103.00 price target on Shell in a report on Monday, October 12th. Finally, Zacks Research upgraded Shell from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 6th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $106.63.

Shell Trading Down 1.1%

Shell stock opened at $107.02 on Tuesday. Shell has a 12-month low of $68.63 and a 12-month high of $108.43. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.43 and a quick ratio of 1.12. The stock has a market capitalization of $306.58 billion, a PE ratio of 11.81, a price-to-earnings-growth ratio of 0.89 and a beta of 0.10. The firm has a 50 day simple moving average of $96.97 and a 200-day simple moving average of $87.46.

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 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%.

Institutional Trading of Shell

Hedge funds and other institutional investors have recently modified their holdings of the business. SYM FINANCIAL Corp acquired a new stake in Shell during the 3rd quarter worth about $283,000. Angeles Wealth Management LLC increased its holdings in shares of Shell by 3.5% in the 3rd quarter. Angeles Wealth Management LLC now owns 6,728 shares of the energy company’s stock valued at $639,000 after purchasing an additional 228 shares during the period. DMC Group LLC lifted its position in shares of Shell by 47.0% in the third quarter. DMC Group LLC now owns 9,773 shares of the energy company’s stock worth $929,000 after purchasing an additional 3,125 shares in the last quarter. Penobscot Investment Management Company Inc. acquired a new stake in shares of Shell during the third quarter worth approximately $240,000. Finally, Oppenheimer & Co. Inc. boosted its holdings in shares of Shell by 3.5% during the third quarter. Oppenheimer & Co. Inc. now owns 49,441 shares of the energy company’s stock worth $4,699,000 after purchasing an additional 1,693 shares during the period. Institutional investors and hedge funds own 28.60% of the company’s stock.

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.