Rep. Josh Gottheimer Sells Off Shares of Shell plc (NYSE:SHEL)

Representative Josh Gottheimer (D-New Jersey) recently sold shares of Shell plc (NYSE:SHEL). In a filing disclosed on May 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Shell stock on April 9th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of RTX (NYSE:RTX) on 4/23/2025.
• Purchased $1,001 – $15,000 in shares of Cheniere Energy (NYSE:LNG) on 4/22/2025.
• Purchased $1,001 – $15,000 in shares of Techtronic Industries (OTCMKTS:TTNDY) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) on 4/21/2025.
• Sold $1,001 – $15,000 in shares of KKR & Co. Inc. (NYSE:KKR) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of D.R. Horton (NYSE:DHI) on 4/21/2025.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 4/21/2025.
• Sold $1,001 – $15,000 in shares of Hillman Solutions (NASDAQ:HLMN) on 4/17/2025.
• Sold $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 4/17/2025.

Shell Stock Down 1.2%

Shares of SHEL stock opened at $66.57 on Friday. The stock’s 50-day simple moving average is $66.80 and its 200-day simple moving average is $65.88. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.10 and a current ratio of 1.35. The firm has a market capitalization of $200.26 billion, a PE ratio of 13.26, a P/E/G ratio of 0.98 and a beta of 0.38. Shell plc has a fifty-two week low of $58.55 and a fifty-two week high of $74.46.

Shell (NYSE:SHEL) last issued its earnings results on Friday, May 2nd. The energy company reported $1.84 EPS for the quarter, topping analysts’ consensus estimates of $1.54 by $0.30. Shell had a return on equity of 12.75% and a net margin of 5.57%. The firm had revenue of $69.23 billion for the quarter, compared to the consensus estimate of $79.18 billion. During the same quarter in the prior year, the business earned $2.40 earnings per share. Equities analysts expect that Shell plc will post 7.67 earnings per share for the current year.

Shell Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 23rd. Stockholders of record on Friday, May 16th will be issued a $0.716 dividend. This represents a $2.86 dividend on an annualized basis and a dividend yield of 4.30%. The ex-dividend date is Friday, May 16th. Shell’s dividend payout ratio is presently 65.90%.

Shell declared that its Board of Directors has authorized a share repurchase plan on Friday, May 2nd that permits the company to repurchase $3.50 billion in outstanding shares. This repurchase authorization permits the energy company to repurchase up to 1.8% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

Hedge Funds Weigh In On Shell

A number of hedge funds have recently made changes to their positions in the company. First Wilshire Securities Management Inc. raised its holdings in shares of Shell by 1.6% during the fourth quarter. First Wilshire Securities Management Inc. now owns 9,518 shares of the energy company’s stock valued at $596,000 after acquiring an additional 153 shares during the last quarter. Foster Group Inc. raised its holdings in shares of Shell by 5.0% during the fourth quarter. Foster Group Inc. now owns 3,393 shares of the energy company’s stock valued at $213,000 after acquiring an additional 162 shares during the last quarter. Titleist Asset Management LLC raised its holdings in shares of Shell by 3.1% during the fourth quarter. Titleist Asset Management LLC now owns 5,526 shares of the energy company’s stock valued at $346,000 after acquiring an additional 164 shares during the last quarter. Sax Wealth Advisors LLC raised its holdings in shares of Shell by 3.9% during the first quarter. Sax Wealth Advisors LLC now owns 4,367 shares of the energy company’s stock valued at $320,000 after acquiring an additional 164 shares during the last quarter. Finally, Warther Private Wealth LLC raised its holdings in shares of Shell by 5.0% during the first quarter. Warther Private Wealth LLC now owns 3,433 shares of the energy company’s stock valued at $252,000 after acquiring an additional 165 shares during the last quarter. Institutional investors and hedge funds own 28.60% of the company’s stock.

Analysts Set New Price Targets

SHEL has been the topic of a number of recent research reports. Barclays restated an “overweight” rating on shares of Shell in a research note on Wednesday, March 26th. TD Securities restated a “buy” rating on shares of Shell in a research note on Friday, April 4th. Wells Fargo & Company lowered their target price on Shell from $83.00 to $80.00 and set an “overweight” rating on the stock in a research note on Monday, May 5th. TD Cowen lowered their price target on Shell from $82.00 to $76.00 and set a “buy” rating on the stock in a research report on Tuesday, April 8th. Finally, Piper Sandler increased their price target on Shell from $72.00 to $80.00 and gave the stock an “overweight” rating in a research report on Tuesday. One investment analyst has rated the stock with a hold rating, eleven 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 an average price target of $78.35.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

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.