UMB Bank n.a. Raises Stock Holdings in Shell plc (NYSE:SHEL)

UMB Bank n.a. increased its position in Shell plc (NYSE:SHELFree Report) by 1.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,253 shares of the energy company’s stock after buying an additional 555 shares during the quarter. UMB Bank n.a.’s holdings in Shell were worth $1,991,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. FAS Wealth Partners Inc. boosted its holdings in Shell by 2.8% in the third quarter. FAS Wealth Partners Inc. now owns 6,179 shares of the energy company’s stock valued at $398,000 after acquiring an additional 168 shares in the last quarter. Founders Capital Management boosted its holdings in shares of Shell by 25.4% during the 4th quarter. Founders Capital Management now owns 830 shares of the energy company’s stock valued at $55,000 after buying an additional 168 shares in the last quarter. Osborne Partners Capital Management LLC boosted its holdings in shares of Shell by 1.0% during the 3rd quarter. Osborne Partners Capital Management LLC now owns 16,417 shares of the energy company’s stock valued at $1,057,000 after buying an additional 169 shares in the last quarter. Abacus Planning Group Inc. boosted its holdings in shares of Shell by 3.5% during the 4th quarter. Abacus Planning Group Inc. now owns 5,003 shares of the energy company’s stock valued at $329,000 after buying an additional 169 shares in the last quarter. Finally, Roberts Wealth Advisors LLC boosted its holdings in shares of Shell by 0.7% during the 4th quarter. Roberts Wealth Advisors LLC now owns 26,574 shares of the energy company’s stock valued at $1,749,000 after buying an additional 172 shares in the last quarter. Institutional investors own 28.60% of the company’s stock.

Shell Trading Up 0.5 %

SHEL stock opened at $70.11 on Thursday. Shell plc has a 1-year low of $55.78 and a 1-year high of $70.12. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.40 and a quick ratio of 1.13. The company has a market capitalization of $226.44 billion, a price-to-earnings ratio of 12.39, a PEG ratio of 2.11 and a beta of 0.62. The business has a 50 day simple moving average of $64.69 and a two-hundred day simple moving average of $64.97.

Shell (NYSE:SHELGet Free Report) last posted its earnings results on Thursday, February 1st. The energy company reported $2.22 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.28. The firm had revenue of $80.13 billion during the quarter, compared to the consensus estimate of $89.59 billion. Shell had a return on equity of 14.69% and a net margin of 5.99%. During the same period in the prior year, the company earned $2.76 EPS. Research analysts anticipate that Shell plc will post 8.25 EPS for the current fiscal year.

Shell Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 25th. Stockholders of record on Friday, February 16th were given a dividend of $0.662 per share. The ex-dividend date was Thursday, February 15th. This represents a $2.65 dividend on an annualized basis and a dividend yield of 3.78%. Shell’s dividend payout ratio is currently 48.59%.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. TheStreet upgraded shares of Shell from a “c” rating to a “b-” rating in a report on Monday, January 29th. BNP Paribas cut shares of Shell from an “outperform” rating to a “neutral” rating in a report on Wednesday, December 13th.

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Shell Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Shell (NYSE:SHEL)

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