Scotiabank Weighs in on Shell's FY2025 Earnings (NYSE:SHEL)

Shell plc (NYSE:SHEL - Free Report) - Analysts at Scotiabank upped their FY2025 earnings estimates for Shell in a report issued on Wednesday, March 19th. Scotiabank analyst P. Cheng now forecasts that the energy company will post earnings per share of $7.90 for the year, up from their prior estimate of $7.85. The consensus estimate for Shell's current full-year earnings is $7.67 per share. Scotiabank also issued estimates for Shell's FY2026 earnings at $7.75 EPS.

Shell (NYSE:SHEL - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The energy company reported $1.20 EPS for the quarter, missing the consensus estimate of $1.74 by ($0.54). Shell had a return on equity of 12.75% and a net margin of 5.57%.

SHEL has been the subject of several other research reports. TD Securities boosted their price objective on shares of Shell from $81.00 to $82.00 and gave the company a "buy" rating in a research note on Wednesday, March 19th. UBS Group upgraded Shell from a "neutral" rating to a "buy" rating in a research report on Wednesday, January 8th. Piper Sandler dropped their price objective on shares of Shell from $82.00 to $72.00 and set an "overweight" rating for the company in a report on Thursday, December 19th. Morgan Stanley upgraded Shell from an "equal weight" rating to an "overweight" rating and upped their price objective for the stock from $66.50 to $79.80 in a report on Tuesday, January 7th. Finally, Wells Fargo & Company boosted their target price on Shell from $81.00 to $87.00 and gave the stock an "overweight" rating in a research report on Wednesday. One investment analyst has rated the stock with a hold rating, nine have assigned a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $80.10.

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Shell Price Performance

NYSE SHEL traded up $0.32 during trading hours on Monday, hitting $73.35. The company had a trading volume of 7,773,976 shares, compared to its average volume of 4,019,928. The firm has a 50 day simple moving average of $67.56 and a 200 day simple moving average of $66.38. Shell has a 52 week low of $60.15 and a 52 week high of $74.61. The firm has a market capitalization of $221.80 billion, a price-to-earnings ratio of 14.61, a PEG ratio of 0.98 and a beta of 0.47. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.10 and a current ratio of 1.35.

Shell Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, February 14th were paid a $0.716 dividend. This represents a $2.86 dividend on an annualized basis and a dividend yield of 3.90%. The ex-dividend date of this dividend was Friday, February 14th. This is a boost from Shell's previous quarterly dividend of $0.69. Shell's dividend payout ratio (DPR) is presently 56.97%.

Institutional Investors Weigh In On Shell

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SHEL. Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Shell by 60.9% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 13,482 shares of the energy company's stock worth $889,000 after buying an additional 5,104 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Shell by 11.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 184,919 shares of the energy company's stock worth $12,195,000 after purchasing an additional 18,725 shares during the period. Eagle Asset Management Inc. increased its stake in shares of Shell by 10.6% during the third quarter. Eagle Asset Management Inc. now owns 11,708 shares of the energy company's stock valued at $785,000 after purchasing an additional 1,125 shares in the last quarter. Meridian Wealth Management LLC purchased a new position in shares of Shell during the third quarter valued at approximately $678,000. Finally, Nwam LLC purchased a new stake in shares of Shell in the 3rd quarter worth approximately $636,000. 28.60% of the stock is owned by hedge funds and other institutional investors.

Shell Company Profile

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.