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Ledyard National Bank increased its Shell plc shares despite the company missing earnings estimates.
Ledyard National Bank increased its investment in Shell plc by 9.1%, while other institutions have also adjusted their stakes.
Despite analysts issuing mostly "buy" ratings, Shell missed earnings expectations by $0.54 per share.
The company recently raised its quarterly dividend to $0.716, yielding 4.35%.
Shell operates globally in energy and petrochemicals, with segments including integrated gas, upstream, and renewables.
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Ledyard National Bank aumentó sus acciones de Shell plc a pesar de que la compañía perdió las estimaciones de ingresos.