Scotiabank Has Positive Outlook for Shell FY2025 Earnings

Shell plc (NYSE:SHEL) – Analysts at Scotiabank raised their FY2025 earnings estimates for Shell in a research note issued to investors on Wednesday, March 19th. Scotiabank analyst P. Cheng now expects that the energy company will earn $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.

Several other research firms have also weighed in on SHEL. UBS Group raised Shell from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 8th. Wells Fargo & Company decreased their price objective on shares of Shell from $86.00 to $82.00 and set an “overweight” rating for the company in a research note on Friday, January 31st. Morgan Stanley raised shares of Shell from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $66.50 to $79.80 in a research note on Tuesday, January 7th. Wolfe Research upgraded Shell from a “peer perform” rating to an “outperform” rating and set a $80.00 price target for the company in a report on Friday, January 3rd. Finally, Piper Sandler reduced their price objective on Shell from $82.00 to $72.00 and set an “overweight” rating on the stock in a research note on Thursday, December 19th. One research analyst has rated the stock with a hold rating, nine have issued a buy rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $79.48.

Shell Stock Up 1.1 %

SHEL opened at $72.04 on Monday. The stock 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 12 month low of $60.15 and a 12 month high of $74.61. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.35 and a quick ratio of 1.10. The business has a 50-day moving average of $67.29 and a two-hundred day moving average of $66.28.

Shell (NYSE:SHEL) last announced its earnings results on Thursday, January 30th. The energy company reported $1.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.74 by ($0.54). Shell had a return on equity of 12.75% and a net margin of 5.57%.

Shell Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Friday, February 14th were issued a $0.716 dividend. This represents a $2.86 dividend on an annualized basis and a dividend yield of 3.98%. This is an increase from Shell’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend was Friday, February 14th. Shell’s payout ratio is 56.97%.

Hedge Funds Weigh In On Shell

Several large investors have recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. lifted 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 last quarter. Charles Schwab Investment Management Inc. boosted its stake 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 valued at $12,195,000 after acquiring an additional 18,725 shares during the period. Eagle Asset Management Inc. raised its position in shares of Shell by 10.6% during the 3rd quarter. Eagle Asset Management Inc. now owns 11,708 shares of the energy company’s stock worth $785,000 after purchasing an additional 1,125 shares during the period. Meridian Wealth Management LLC bought a new stake in shares of Shell in the 3rd quarter worth approximately $678,000. Finally, Nwam LLC bought a new position in Shell during the 3rd quarter worth $636,000. 28.60% of the stock is currently owned by 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.