E. Ohman J or Asset Management AB Decreases Position in Eli Lilly and Company $LLY

E. Ohman J or Asset Management AB lessened its stake in Eli Lilly and Company (NYSE:LLYFree 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.

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

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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.

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Eli Lilly and Company Profile

(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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