Shell (NYSE:SHEL) Stock Acquired Rep. Bruce Westerman

Representative Bruce Westerman (R-Arkansas) recently bought shares of Shell plc NYSE: SHEL. In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in Shell stock on March 3rd. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne OTCMKTS: LVMUY on 4/2/2025.
• Purchased $1,001 - $15,000 in shares of Sony Group NYSE: SONY on 3/24/2025.
• Purchased $1,001 - $15,000 in shares of Mitsubishi UFJ Financial Group NYSE: MUFG on 3/21/2025.
• Purchased $1,001 - $15,000 in shares of BP NYSE: BP on 3/21/2025.
• Sold $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Medtronic NYSE: MDT on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 3/20/2025.

Shell Price Performance

Shares of NYSE SHEL traded up $0.72 during mid-day trading on Tuesday, hitting $65.37. 3,072,068 shares of the company's stock traded hands, compared to its average volume of 4,292,891. The company's 50-day moving average is $67.27 and its two-hundred day moving average is $66.06. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.35 and a quick ratio of 1.10. Shell plc has a 1 year low of $58.55 and a 1 year high of $74.61. The company has a market capitalization of $197.66 billion, a P/E ratio of 13.03, a PEG ratio of 0.98 and a beta of 0.27.

Shell (NYSE:SHEL - Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The energy company reported $1.20 earnings per share for the quarter, missing analysts' consensus estimates of $1.74 by ($0.54). Shell had a net margin of 5.57% and a return on equity of 12.75%. On average, equities analysts anticipate that Shell plc will post 7.67 EPS for the current fiscal year.

Shell Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 24th. Investors of record on Friday, February 14th were issued a $0.716 dividend. The ex-dividend date was Friday, February 14th. This is a positive change from Shell's previous quarterly dividend of $0.69. This represents a $2.86 dividend on an annualized basis and a dividend yield of 4.38%. Shell's dividend payout ratio (DPR) is 56.97%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Stonegate Investment Group LLC boosted its stake in shares of Shell by 56.4% in the first quarter. Stonegate Investment Group LLC now owns 19,527 shares of the energy company's stock worth $1,431,000 after buying an additional 7,042 shares during the last quarter. Appleton Partners Inc. MA purchased a new position in shares of Shell during the 1st quarter valued at approximately $207,000. Advocate Group LLC increased its holdings in Shell by 0.4% in the first quarter. Advocate Group LLC now owns 69,552 shares of the energy company's stock valued at $5,097,000 after buying an additional 247 shares in the last quarter. DMKC Advisory Services LLC raised its position in shares of Shell by 0.7% in the first quarter. DMKC Advisory Services LLC now owns 30,517 shares of the energy company's stock worth $2,236,000 after acquiring an additional 199 shares during the period. Finally, Riverbridge Partners LLC acquired a new stake in shares of Shell during the 1st quarter valued at about $242,000. 28.60% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

SHEL has been the subject of several research reports. Morgan Stanley raised shares of Shell from an "equal weight" rating to an "overweight" rating and boosted their price objective for the company from $66.50 to $79.80 in a research report on Tuesday, January 7th. TD Cowen cut their target price on shares of Shell from $82.00 to $76.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th. Wells Fargo & Company dropped their target price on Shell from $87.00 to $83.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Wolfe Research upgraded Shell from a "peer perform" rating to an "outperform" rating and set a $80.00 target price on the stock in a research note on Friday, January 3rd. Finally, Scotiabank decreased their target price on shares of Shell from $75.00 to $70.00 and set a "sector outperform" rating for the company in a research report on Friday, April 11th. One research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Shell presently has an average rating of "Buy" and a consensus target price of $77.73.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

About Shell

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.