Worthington Financial Partners LLC Invests $843,000 in Eli Lilly and Company $LLY

Worthington Financial Partners LLC purchased a new stake in shares of Eli Lilly and Company (NYSE:LLYFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 784 shares of the company’s stock, valued at approximately $843,000.

A number of other hedge funds have also recently modified their holdings of the company. Bayban acquired a new stake in Eli Lilly and Company during the fourth quarter worth about $170,000. Taylor Securities Services Inc. purchased a new position in Eli Lilly and Company during the fourth quarter worth about $437,000. Pure Financial Advisors LLC boosted its holdings in Eli Lilly and Company by 3.4% in the 4th quarter. Pure Financial Advisors LLC now owns 4,469 shares of the company’s stock valued at $4,802,000 after purchasing an additional 149 shares during the last quarter. Rehmann Capital Advisory Group boosted its holdings in Eli Lilly and Company by 2.7% in the 4th quarter. Rehmann Capital Advisory Group now owns 4,859 shares of the company’s stock valued at $5,225,000 after purchasing an additional 126 shares during the last quarter. Finally, SHP Wealth Management purchased a new stake in shares of Eli Lilly and Company in the 4th quarter valued at approximately $2,698,000. Hedge funds and other institutional investors own 82.53% of the company’s stock.

Eli Lilly and Company Stock Up 0.0%

Eli Lilly and Company stock opened at $1,098.78 on Friday. The company has a market capitalization of $1.03 trillion, a PE ratio of 39.03, a price-to-earnings-growth ratio of 1.20 and a beta of 0.53. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.10 and a current ratio of 1.50. Eli Lilly and Company has a fifty-two week low of $623.78 and a fifty-two week high of $1,182.73. The firm has a 50 day moving average price of $1,016.10 and a 200 day moving average price of $1,017.41.

Eli Lilly and Company (NYSE:LLYGet Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported $8.55 EPS for the quarter, topping 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 in the prior year, the firm earned $3.34 earnings per share. The firm’s 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. Research analysts expect 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. Investors of record on Friday, May 15th were paid 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 presently 24.58%.

Wall Street Analyst Weigh In

LLY has been the subject of a number of recent analyst reports. Jefferies Financial Group raised their price target on shares of Eli Lilly and Company from $1,330.00 to $1,350.00 and gave the stock a “buy” rating in a report on Tuesday, June 9th. Cantor Fitzgerald increased their price objective on Eli Lilly and Company from $1,205.00 to $1,230.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Rothschild & Co Redburn increased their price objective on Eli Lilly and Company from $880.00 to $900.00 in a research report on Thursday, May 7th. Truist Financial reissued a “buy” rating on shares of Eli Lilly and Company in a research note on Monday, February 23rd. Finally, 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. Two 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 issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,227.74.

Read Our Latest Stock Report on Eli Lilly and Company

Key Stories Impacting Eli Lilly and Company

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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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