Richard C. Young & CO. LTD. Buys Shares of 18,185 Eli Lilly and Company $LLY

Richard C. Young & CO. LTD. purchased a new position in Eli Lilly and Company (NYSE:LLYFree Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 18,185 shares of the company’s stock, valued at approximately $13,875,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Fox Hill Wealth Management boosted its position in shares of Eli Lilly and Company by 2.1% in the 3rd quarter. Fox Hill Wealth Management now owns 9,448 shares of the company’s stock worth $7,209,000 after purchasing an additional 191 shares in the last quarter. Claro Advisors LLC increased its position in Eli Lilly and Company by 6.9% during the 3rd quarter. Claro Advisors LLC now owns 3,078 shares of the company’s stock valued at $2,349,000 after buying an additional 200 shares in the last quarter. eCIO Inc. raised its stake in Eli Lilly and Company by 5.9% in the third quarter. eCIO Inc. now owns 938 shares of the company’s stock valued at $716,000 after buying an additional 52 shares during the last quarter. Teachers Retirement System of The State of Kentucky raised its stake in Eli Lilly and Company by 3.5% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 165,165 shares of the company’s stock valued at $126,022,000 after buying an additional 5,595 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its holdings in Eli Lilly and Company by 47.6% in the third quarter. Victory Capital Management Inc. now owns 2,309,006 shares of the company’s stock worth $1,761,772,000 after acquiring an additional 744,868 shares in the last quarter. Hedge funds and other institutional investors own 82.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on LLY. Leerink Partners upped their price objective on shares of Eli Lilly and Company from $1,234.00 to $1,296.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. National Bank Financial set a $1,286.00 price target on shares of Eli Lilly and Company in a research note on Monday, December 1st. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Eli Lilly and Company in a report on Friday, December 19th. Rothschild & Co Redburn lifted their price objective on shares of Eli Lilly and Company from $775.00 to $830.00 and gave the stock a “neutral” rating in a research note on Monday, January 26th. Finally, The Goldman Sachs Group set a $1,260.00 target price on Eli Lilly and Company in a research report on Thursday, February 5th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,229.59.

View Our Latest Stock Report on LLY

Trending Headlines about Eli Lilly and Company

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Eli Lilly and Company Price Performance

NYSE:LLY opened at $1,007.37 on Wednesday. The stock has a market capitalization of $950.31 billion, a PE ratio of 43.89, a price-to-earnings-growth ratio of 1.18 and a beta of 0.40. Eli Lilly and Company has a 52 week low of $623.78 and a 52 week high of $1,133.95. The stock’s 50-day moving average price is $1,050.71 and its 200-day moving average price is $936.44. The company has a quick ratio of 1.19, a current ratio of 1.58 and a debt-to-equity ratio of 1.54.

Eli Lilly and Company (NYSE:LLYGet Free Report) last released its earnings results on Wednesday, February 4th. The company reported $7.54 EPS for the quarter, topping analysts’ consensus estimates of $7.48 by $0.06. The business had revenue of $19.29 billion during the quarter, compared to analysts’ expectations of $17.85 billion. Eli Lilly and Company had a net margin of 31.66% and a return on equity of 102.94%. The company’s quarterly revenue was up 42.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $5.32 earnings per share. Eli Lilly and Company has set its FY 2026 guidance at 33.500-35.000 EPS. As a group, equities analysts expect that Eli Lilly and Company will post 23.48 EPS for the current fiscal year.

Eli Lilly and Company Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Friday, February 13th will be paid a dividend of $1.73 per share. This is a boost from Eli Lilly and Company’s previous quarterly dividend of $1.50. The ex-dividend date of this dividend is Friday, February 13th. This represents a $6.92 annualized dividend and a yield of 0.7%. Eli Lilly and Company’s dividend payout ratio is presently 30.15%.

About Eli Lilly and Company

(Free Report)

Eli Lilly and Company (NYSE: LLY) is a global pharmaceutical company founded in 1876 and headquartered in Indianapolis, Indiana. The company researches, develops, manufactures and commercializes a broad range of medicines and therapies for patients worldwide. Eli Lilly maintains operations and commercial presence across North America, Europe, Asia and other regions, serving both developed and emerging markets. The company has been led in recent years by President and Chief Executive Officer David A.

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Institutional Ownership by Quarter for Eli Lilly and Company (NYSE:LLY)

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