Allianz SE Buys 2,326 Shares of Eli Lilly and Company $LLY

Allianz SE raised its stake in shares of Eli Lilly and Company (NYSE:LLYFree Report) by 5.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 41,916 shares of the company’s stock after acquiring an additional 2,326 shares during the period. Eli Lilly and Company accounts for about 0.6% of Allianz SE’s portfolio, making the stock its 28th biggest position. Allianz SE’s holdings in Eli Lilly and Company were worth $45,046,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of LLY. Gerber Kawasaki Wealth & Investment Management increased its position in shares of Eli Lilly and Company by 23.3% in the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 12,075 shares of the company’s stock worth $12,986,000 after purchasing an additional 2,280 shares during the last quarter. Summit Financial LLC increased its position in shares of Eli Lilly and Company by 2.5% in the fourth quarter. Summit Financial LLC now owns 15,249 shares of the company’s stock worth $16,388,000 after purchasing an additional 372 shares during the last quarter. M1 Capital Management LLC increased its position in shares of Eli Lilly and Company by 2.8% in the fourth quarter. M1 Capital Management LLC now owns 548 shares of the company’s stock worth $589,000 after purchasing an additional 15 shares during the last quarter. United Capital Management of KS Inc. increased its position in shares of Eli Lilly and Company by 0.4% in the fourth quarter. United Capital Management of KS Inc. now owns 12,517 shares of the company’s stock worth $13,452,000 after purchasing an additional 55 shares during the last quarter. Finally, Howland Capital Management LLC increased its position in shares of Eli Lilly and Company by 9.0% in the fourth quarter. Howland Capital Management LLC now owns 3,306 shares of the company’s stock worth $3,553,000 after purchasing an additional 272 shares during the last quarter. 82.53% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

LLY has been the subject of several research reports. Morgan Stanley reaffirmed an “overweight” rating on shares of Eli Lilly and Company in a research note on Friday, June 5th. Guggenheim reaffirmed a “buy” rating and issued a $1,183.00 target price on shares of Eli Lilly and Company in a research note on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $1,285.00 target price on shares of Eli Lilly and Company in a research note on Friday, March 6th. Wall Street Zen upgraded Eli Lilly and Company from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 2nd. Finally, Bank of America boosted their price objective on Eli Lilly and Company from $1,133.00 to $1,251.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Eli Lilly and Company has a consensus rating of “Moderate Buy” and a consensus target price of $1,227.74.

Read Our Latest Report on Eli Lilly and Company

Eli Lilly and Company Stock Down 2.1%

Shares of LLY opened at $1,137.01 on Friday. The company has a market capitalization of $1.07 trillion, a PE ratio of 40.39, a price-to-earnings-growth ratio of 1.27 and a beta of 0.53. The business’s 50 day moving average is $998.47 and its 200 day moving average is $1,016.72. The company has a current ratio of 1.50, a quick ratio of 1.10 and a debt-to-equity ratio of 1.26. Eli Lilly and Company has a 12-month low of $623.78 and a 12-month high of $1,182.73.

Eli Lilly and Company (NYSE:LLYGet Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported $8.55 earnings per share for the quarter, beating the consensus estimate of $6.97 by $1.58. The business had revenue of $19.80 billion during the quarter, compared to analysts’ expectations of $17.82 billion. Eli Lilly and Company had a return on equity of 105.77% and a net margin of 34.98%.The firm’s revenue for the quarter was up 55.5% compared to the same quarter last year. During the same quarter last year, the business posted $3.34 EPS. Eli Lilly and Company has set its FY 2026 guidance at 35.500-37.000 EPS. Research analysts expect that Eli Lilly and Company will post 35.8 earnings per share for the current fiscal year.

Eli Lilly and Company Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were issued a $1.73 dividend. The ex-dividend date was Friday, May 15th. This represents a $6.92 dividend on an annualized basis and a dividend yield of 0.6%. Eli Lilly and Company’s payout ratio is 24.58%.

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Eli Lilly and Company 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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