Eli Lilly and Company $LLY Position Reduced by McClarren Financial Advisors Inc.

McClarren Financial Advisors Inc. reduced its stake in shares of Eli Lilly and Company (NYSE:LLYFree Report) by 75.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 520 shares of the company’s stock after selling 1,629 shares during the period. McClarren Financial Advisors Inc.’s holdings in Eli Lilly and Company were worth $478,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Lexington Hill Partners LLC increased its holdings in Eli Lilly and Company by 35.7% in the first quarter. Lexington Hill Partners LLC now owns 566 shares of the company’s stock valued at $521,000 after buying an additional 149 shares during the last quarter. Genesis Private Wealth LLC lifted its holdings in Eli Lilly and Company by 3.8% during the 1st quarter. Genesis Private Wealth LLC now owns 570 shares of the company’s stock worth $524,000 after buying an additional 21 shares during the last quarter. Diversified Trust Co grew its position in shares of Eli Lilly and Company by 15.1% in the 1st quarter. Diversified Trust Co now owns 27,197 shares of the company’s stock worth $25,015,000 after acquiring an additional 3,562 shares in the last quarter. Baron Wealth Management LLC grew its position in shares of Eli Lilly and Company by 7.3% in the 1st quarter. Baron Wealth Management LLC now owns 899 shares of the company’s stock worth $827,000 after acquiring an additional 61 shares in the last quarter. Finally, Westmount Partners LLC increased its holdings in shares of Eli Lilly and Company by 12.1% in the 1st quarter. Westmount Partners LLC now owns 2,307 shares of the company’s stock valued at $2,122,000 after acquiring an additional 249 shares during the last quarter. 82.53% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Eli Lilly and Company

Here are the key news stories impacting Eli Lilly and Company this week:

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on LLY shares. Royal Bank Of Canada reissued an “outperform” rating on shares of Eli Lilly and Company in a research report on Thursday, May 21st. Jefferies Financial Group boosted their target price on shares of Eli Lilly and Company from $1,330.00 to $1,350.00 and gave the company a “buy” rating in a research note on Tuesday, June 9th. Rothschild & Co Redburn raised their price target on shares of Eli Lilly and Company from $880.00 to $900.00 in a research report on Thursday, May 7th. Barclays lifted their price target on shares of Eli Lilly and Company from $1,350.00 to $1,400.00 and gave the company an “overweight” rating in a report on Monday, May 4th. Finally, Leerink Partners set a $1,119.00 price objective on shares of Eli Lilly and Company in a research report on Tuesday, May 26th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,227.74.

Get Our Latest Stock Report on Eli Lilly and Company

Eli Lilly and Company Price Performance

Shares of LLY opened at $1,098.78 on Monday. The company has a market cap of $1.03 trillion, a P/E ratio of 39.03, a PEG ratio of 1.20 and a beta of 0.53. The stock has a fifty day moving average price of $1,016.10 and a 200 day moving average price of $1,017.13. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.50 and a quick ratio of 1.10. 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 posted its earnings results on Thursday, April 30th. The company reported $8.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.97 by $1.58. Eli Lilly and Company had a return on equity of 105.77% and a net margin of 34.98%.The company had revenue of $19.80 billion for the quarter, compared to analysts’ expectations of $17.82 billion. During the same period last year, the business posted $3.34 earnings per share. The firm’s quarterly revenue was up 55.5% compared to the same quarter last year. Eli Lilly and Company has set its FY 2026 guidance at 35.500-37.000 EPS. On average, research analysts forecast that Eli Lilly and Company will post 35.8 earnings per share for the current year.

Eli Lilly and Company Announces Dividend

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

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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