Scotiabank Has Optimistic Outlook of Shell FY2025 Earnings

Shell plc (NYSE:SHEL) – Stock analysts at Scotiabank lifted their FY2025 earnings per share (EPS) estimates for Shell in a report issued on Wednesday, March 19th. Scotiabank analyst P. Cheng now forecasts that the energy company will post earnings of $7.90 per share 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) last issued its quarterly earnings results on Thursday, January 30th. The energy company reported $1.20 EPS 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%.

Other equities research analysts have also recently issued research reports about the company. Wells Fargo & Company dropped their target price on Shell from $86.00 to $82.00 and set an “overweight” rating on the stock in a report on Friday, January 31st. TD Cowen initiated coverage on Shell in a research note on Wednesday, March 19th. They set a “buy” rating and a $81.00 target price for the company. Piper Sandler dropped their price target on shares of Shell from $82.00 to $72.00 and set an “overweight” rating on the stock in a research report on Thursday, December 19th. Morgan Stanley raised shares of Shell from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $66.50 to $79.80 in a research note on Tuesday, January 7th. Finally, Wolfe Research upgraded shares of Shell from a “peer perform” rating to an “outperform” rating and set a $80.00 target price for the company in a report on Friday, January 3rd. 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, the company currently has an average rating of “Buy” and an average price target of $79.48.

Shell Stock Up 1.1 %

SHEL stock opened at $72.04 on Monday. The firm’s 50-day moving average is $67.29 and its two-hundred day moving average is $66.28. The company has a current ratio of 1.35, a quick ratio of 1.10 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $217.83 billion, a price-to-earnings ratio of 14.35, a price-to-earnings-growth ratio of 0.98 and a beta of 0.47. Shell has a 52 week low of $60.15 and a 52 week high of $74.61.

Hedge Funds Weigh In On Shell

A number of large investors have recently made changes to their positions in the business. FMR LLC boosted its stake in shares of Shell by 32.3% during the 4th quarter. FMR LLC now owns 86,417,177 shares of the energy company’s stock valued at $5,414,036,000 after buying an additional 21,118,234 shares during the period. Voloridge Investment Management LLC boosted its position in Shell by 170.3% during the fourth quarter. Voloridge Investment Management LLC now owns 3,463,372 shares of the energy company’s stock valued at $216,980,000 after purchasing an additional 2,182,253 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Shell in the 4th quarter worth about $91,716,000. Freestone Grove Partners LP purchased a new stake in shares of Shell during the 4th quarter worth about $83,204,000. Finally, Holocene Advisors LP grew its stake in shares of Shell by 29.8% in the 3rd quarter. Holocene Advisors LP now owns 3,773,617 shares of the energy company’s stock valued at $248,870,000 after buying an additional 866,954 shares in the last quarter. Institutional investors and hedge funds own 28.60% of the company’s stock.

Shell Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 24th. Shareholders of record on Friday, February 14th were given a dividend of $0.716 per share. The ex-dividend date of this dividend 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 yield of 3.98%. Shell’s dividend payout ratio (DPR) is presently 56.97%.

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.