Main Street Financial Solutions LLC Makes New Investment in Eli Lilly and Company $LLY

Main Street Financial Solutions LLC bought a new stake in shares of Eli Lilly and Company (NYSE:LLYFree Report) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 3,290 shares of the company’s stock, valued at approximately $3,946,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Navigoe LLC lifted its position in shares of Eli Lilly and Company by 8.7% in the 2nd quarter. Navigoe LLC now owns 113 shares of the company’s stock worth $135,000 after buying an additional 9 shares during the last quarter. Hurlow Wealth Management Group Inc. grew its position in shares of Eli Lilly and Company by 0.7% during the 2nd quarter. Hurlow Wealth Management Group Inc. now owns 3,375 shares of the company’s stock valued at $4,048,000 after buying an additional 23 shares during the last quarter. Fidelity D & D Bancorp Inc. grew its position in shares of Eli Lilly and Company by 37.1% during the 2nd quarter. Fidelity D & D Bancorp Inc. now owns 425 shares of the company’s stock valued at $510,000 after buying an additional 115 shares during the last quarter. Element Pointe Advisors LLC raised its stake in Eli Lilly and Company by 28.3% during the second quarter. Element Pointe Advisors LLC now owns 281 shares of the company’s stock worth $337,000 after acquiring an additional 62 shares during the period. Finally, M. Kulyk & Associates LLC raised its stake in Eli Lilly and Company by 150.6% during the second quarter. M. Kulyk & Associates LLC now owns 7,945 shares of the company’s stock worth $9,530,000 after acquiring an additional 4,775 shares during the period. 82.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Guggenheim lifted their target price on Eli Lilly and Company from $1,235.00 to $1,273.00 and gave the company a “buy” rating in a research note on Monday, July 13th. UBS Group set a $1,376.00 price target on Eli Lilly and Company in a research report on Friday, August 7th. Wall Street Zen lowered Eli Lilly and Company from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Jefferies Financial Group upped their price objective on Eli Lilly and Company from $1,330.00 to $1,350.00 and gave the stock a “buy” rating in a research note on Tuesday, June 9th. Finally, Rothschild & Co Redburn increased their target price on Eli Lilly and Company from $880.00 to $900.00 in a research report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,292.18.

Get Our Latest Report on Eli Lilly and Company

Eli Lilly and Company Price Performance

NYSE LLY opened at $1,257.26 on Monday. The company has a 50-day moving average price of $1,180.14 and a two-hundred day moving average price of $1,059.93. Eli Lilly and Company has a 52 week low of $694.23 and a 52 week high of $1,292.65. The stock has a market cap of $1.18 trillion, a price-to-earnings ratio of 42.19, a price-to-earnings-growth ratio of 1.48 and a beta of 0.51. The company has a current ratio of 1.35, a quick ratio of 1.00 and a debt-to-equity ratio of 1.41.

Eli Lilly and Company (NYSE:LLYGet Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $8.38 earnings per share for the quarter, beating analysts’ consensus estimates of $6.40 by $1.98. The company had revenue of $22.97 billion for the quarter, compared to analysts’ expectations of $20.82 billion. Eli Lilly and Company had a return on equity of 97.83% and a net margin of 33.53%.The business’s revenue for the quarter was up 47.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $6.31 earnings per share. Eli Lilly and Company has set its FY 2026 guidance at 35.500-36.500 EPS. Analysts forecast that Eli Lilly and Company will post 36.35 EPS for the current year.

Eli Lilly and Company Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be given a $1.73 dividend. This represents a $6.92 annualized dividend and a yield of 0.6%. The ex-dividend date is Friday, August 14th. Eli Lilly and Company’s dividend payout ratio (DPR) is currently 23.22%.

Key Stories Impacting Eli Lilly and Company

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

Insider Buying and Selling at Eli Lilly and Company

In other Eli Lilly and Company news, EVP Anat Hakim sold 5,000 shares of the business’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $1,190.00, for a total transaction of $5,950,000.00. Following the completion of the transaction, the executive vice president owned 11,875 shares in the company, valued at approximately $14,131,250. The trade was a 29.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Donald A. Zakrowski sold 2,000 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $1,185.01, for a total value of $2,370,020.00. Following the completion of the transaction, the chief accounting officer directly owned 1,526 shares of the company’s stock, valued at approximately $1,808,325.26. The trade was a 56.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 13,500 shares of company stock valued at $15,958,170 in the last quarter. Corporate insiders own 0.14% of the company’s stock.

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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