Qtron Investments LLC Sells 612 Shares of Eli Lilly and Company $LLY

Qtron Investments LLC reduced its stake in Eli Lilly and Company (NYSE:LLYFree Report) by 6.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,534 shares of the company’s stock after selling 612 shares during the period. Eli Lilly and Company makes up approximately 1.2% of Qtron Investments LLC’s holdings, making the stock its 13th largest holding. Qtron Investments LLC’s holdings in Eli Lilly and Company were worth $9,171,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. NDVR Inc. grew its stake in shares of Eli Lilly and Company by 26.5% in the 4th quarter. NDVR Inc. now owns 506 shares of the company’s stock valued at $544,000 after purchasing an additional 106 shares during the period. Meiji Yasuda America Inc acquired a new position in shares of Eli Lilly and Company in the 4th quarter worth approximately $11,572,000. Cowa LLC boosted its holdings in shares of Eli Lilly and Company by 120.9% in the 4th quarter. Cowa LLC now owns 623 shares of the company’s stock worth $670,000 after acquiring an additional 341 shares in the last quarter. Absolute Capital Management LLC acquired a new position in shares of Eli Lilly and Company in the 4th quarter worth approximately $263,000. Finally, Sumitomo Mitsui Financial Group Inc. boosted its holdings in shares of Eli Lilly and Company by 248.5% in the 4th quarter. Sumitomo Mitsui Financial Group Inc. now owns 230 shares of the company’s stock worth $248,000 after acquiring an additional 164 shares in the last quarter. 82.53% of the stock is currently owned by institutional investors.

More Eli Lilly and Company News

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Eli Lilly and Company Stock Up 2.2%

NYSE:LLY opened at $1,161.75 on Friday. The stock’s fifty day moving average price is $994.84 and its two-hundred day moving average price is $1,015.87. Eli Lilly and Company has a 52-week low of $623.78 and a 52-week high of $1,182.73. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.10 and a current ratio of 1.50. The company has a market cap of $1.09 trillion, a price-to-earnings ratio of 41.27, a P/E/G ratio of 1.24 and a beta of 0.53.

Eli Lilly and Company (NYSE:LLYGet Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $8.55 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $19.80 billion for the quarter, compared to the consensus estimate of $17.82 billion. During the same quarter in the prior year, the business earned $3.34 EPS. The business’s revenue for the quarter 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, analysts anticipate that Eli Lilly and Company will post 35.8 EPS for the current year.

Eli Lilly and Company Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th were issued a dividend of $1.73 per share. The ex-dividend date of this dividend 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 currently 24.58%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on LLY. Weiss Ratings downgraded Eli Lilly and Company from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, May 19th. Morgan Stanley reissued an “overweight” rating on shares of Eli Lilly and Company in a report on Friday, June 5th. Daiwa Securities Group boosted their target price on Eli Lilly and Company from $1,230.00 to $1,250.00 and gave the stock a “buy” rating in a report on Wednesday, February 18th. Jefferies Financial Group boosted their target price on Eli Lilly and Company from $1,330.00 to $1,350.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, Berenberg Bank boosted their target price on Eli Lilly and Company from $950.00 to $1,050.00 and gave the stock a “hold” rating in a report on Thursday, February 19th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,227.74.

Get Our Latest Analysis on Eli Lilly and Company

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.

See Also

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

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