Shell plc (SHEL) is up 3.0% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely catalyst is Shell’s second-quarter 2026 update, which lifted parts of its prior outlook and pointed to stronger trading performance. Investors appear to be focusing on improved LNG volume guidance, a higher integrated gas production range versus the prior outlook, and management’s indication that trading and optimization should be significantly higher than in the first quarter. ([shell.gcs-web.com](https://shell.gcs-web.com/news-releases/news-release-details/shell-second-quarter-2026-update-note))
Details:
Sources:
Shell Plc, Reuters, Shell Global
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$SHEL Hedge Fund Activity
We have seen 677 institutional investors add shares of $SHEL stock to their portfolio, and 553 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 7,196,400 shares (+inf%) to their portfolio in Q1 2026, for an estimated $669,265,200
- ORBIS ALLAN GRAY LTD added 2,637,355 shares (+178.6%) to their portfolio in Q1 2026, for an estimated $245,274,015
- EAGLE CAPITAL MANAGEMENT LLC removed 2,468,889 shares (-31.7%) from their portfolio in Q1 2026, for an estimated $229,606,677
- BLACKROCK, INC. removed 2,146,105 shares (-28.5%) from their portfolio in Q1 2026, for an estimated $199,587,765
- CITADEL ADVISORS LLC added 2,130,944 shares (+1572.6%) to their portfolio in Q1 2026, for an estimated $198,177,792
- PRICE T ROWE ASSOCIATES INC /MD/ added 2,037,099 shares (+23.9%) to their portfolio in Q1 2026, for an estimated $189,450,207
- BANK OF MONTREAL /CAN/ added 1,985,548 shares (+105.8%) to their portfolio in Q1 2026, for an estimated $184,655,964
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$SHEL Price Targets
Multiple analysts have issued price targets for $SHEL recently. We have seen 5 analysts offer price targets for $SHEL in the last 6 months, with a median target of $110.0.
Here are some recent targets:
- Mark Wilson from Jefferies set a target price of $122.4 on 05/21/2026
- Betty Zhang from Scotiabank set a target price of $122.0 on 04/22/2026
- Jason Gabelman from TD Cowen set a target price of $110.0 on 04/10/2026
- Sam Margolin from Wells Fargo set a target price of $94.0 on 04/09/2026
- Ryan Todd from Piper Sandler set a target price of $106.0 on 03/12/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
