E. Ohman J or Asset Management AB lessened its stake in Eli Lilly and Company (NYSE:LLY – Free Report) by 34.3% during the fourth quarter, HoldingsChannel reports. The firm owned 27,326 shares of the company’s stock after selling 14,254 shares during the period. E. Ohman J or Asset Management AB’s holdings in Eli Lilly and Company were worth $29,367,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also bought and sold shares of the company. Contravisory Investment Management Inc. grew its holdings in Eli Lilly and Company by 3.5% during the fourth quarter. Contravisory Investment Management Inc. now owns 3,140 shares of the company’s stock valued at $3,374,000 after purchasing an additional 106 shares during the period. Avanza Fonder AB raised its stake in shares of Eli Lilly and Company by 1,113.8% in the fourth quarter. Avanza Fonder AB now owns 31,474 shares of the company’s stock valued at $33,824,000 after buying an additional 28,881 shares during the period. Rialto Wealth Management LLC lifted its position in shares of Eli Lilly and Company by 75.3% during the 4th quarter. Rialto Wealth Management LLC now owns 277 shares of the company’s stock valued at $298,000 after buying an additional 119 shares during the last quarter. RVW Wealth LLC lifted its position in shares of Eli Lilly and Company by 83.7% during the 4th quarter. RVW Wealth LLC now owns 2,192 shares of the company’s stock valued at $2,356,000 after buying an additional 999 shares during the last quarter. Finally, First Heartland Consultants Inc. grew its stake in shares of Eli Lilly and Company by 0.7% during the 4th quarter. First Heartland Consultants Inc. now owns 3,731 shares of the company’s stock worth $4,009,000 after acquiring an additional 27 shares during the period. Hedge funds and other institutional investors own 82.53% of the company’s stock.
Eli Lilly and Company Trading Up 1.4%
Eli Lilly and Company stock opened at $915.71 on Thursday. The company has a debt-to-equity ratio of 1.54, a quick ratio of 1.19 and a current ratio of 1.58. Eli Lilly and Company has a fifty-two week low of $623.78 and a fifty-two week high of $1,133.95. The stock has a market cap of $865.18 billion, a P/E ratio of 39.90, a PEG ratio of 1.05 and a beta of 0.40. The firm’s fifty day moving average price is $1,013.13 and its 200-day moving average price is $961.39.
Trending Headlines about Eli Lilly and Company
Here are the key news stories impacting Eli Lilly and Company this week:
- Positive Sentiment: Morgan Stanley reiterated an Overweight rating and a $1,313 price target, highlighting Lilly’s new employer access platform for obesity therapies and reinforcing bullish institutional support. Morgan Stanley Reiterates Overweight on Eli Lilly (LLY), Cites Growth Potential of New Platform
- Positive Sentiment: Ongoing GLP‑1 strength is repeatedly cited as the core growth engine — multiple analyst/fund notes point to blockbuster obesity/weight‑management drugs as the main revenue driver. Eli Lilly (LLY) Gained From Growth in its GLP-1 Franchises Drugs
- Positive Sentiment: Distribution expansion: Kroger pharmacies began offering Lilly’s Zepbound weight‑management product with support/savings programs, improving retail access and patient uptake prospects. What Kroger (KR)’s New Zepbound Access and Premium Ice Cream Push Means For Shareholders
- Positive Sentiment: Clinical progress: Lilly completed a pediatric pharmacokinetic (PK) study for a next‑gen diabetes candidate, de‑risking a development path that could broaden the diabetes portfolio. Lilly Advances Next-Gen Diabetes Drug With Completed Pediatric PK Study
- Positive Sentiment: Retail/influencer support: Jim Cramer and other high‑profile commentators continue to include LLY among top healthcare picks, adding retail momentum. Is Eli Lilly (LLY) The Best Healthcare Stock to Buy According to Jim Cramer?
- Neutral Sentiment: Zacks noted Lilly outpaced the market in the latest session, reflecting the mix of positive headlines but not adding new catalysts. Eli Lilly (LLY) Outpaces Stock Market Gains: What You Should Know
- Neutral Sentiment: Valuation/peer debate continues — analyses contrasting Lilly vs. Novo Nordisk and AbbVie focus investor attention on whether LLY’s premium multiple already prices in growth. Novo Nordisk Vs. Eli Lilly: Cheap Vs. Expensive, But No Clear Opportunity
- Negative Sentiment: Product rationalization risk: Lilly plans to phase out select insulin products across Europe by 2027 — could lower sales in that region and signals portfolio adjustments that investors should model. Eli Lilly to phase out select insulin products across Europe by 2027
- Negative Sentiment: Heightened public/policy scrutiny around GLP‑1s (societal obligation debate) could lead to reputational or reimbursement pressure even as sales grow. Eli Lilly and the ‘societal obligation’ of GLP-1s
Wall Street Analyst Weigh In
Several brokerages recently weighed in on LLY. Rothschild & Co Redburn lifted their price objective on Eli Lilly and Company from $775.00 to $830.00 and gave the stock a “neutral” rating in a report on Monday, January 26th. Argus increased their target price on shares of Eli Lilly and Company from $930.00 to $1,200.00 and gave the stock a “buy” rating in a research report on Monday, February 9th. UBS Group reiterated a “buy” rating on shares of Eli Lilly and Company in a research note on Wednesday, March 18th. Loop Capital set a $1,200.00 price target on shares of Eli Lilly and Company in a research report on Tuesday, February 10th. Finally, Truist Financial restated a “buy” rating on shares of Eli Lilly and Company in a research note on Monday, February 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Eli Lilly and Company has a consensus rating of “Moderate Buy” and a consensus target price of $1,221.44.
Get Our Latest Stock Report on LLY
Eli Lilly and Company Profile
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.
See Also
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