Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD purchased a new position in Eli Lilly and Company (NYSE:LLY – Free Report) in the second quarter, HoldingsChannel reports. The institutional investor purchased 4,831 shares of the company’s stock, valued at approximately $5,794,000.
A number of other institutional investors have also recently made changes to their positions in the stock. Ehrenkranz Partners L.P. raised its position in shares of Eli Lilly and Company by 9.8% during the 2nd quarter. Ehrenkranz Partners L.P. now owns 738 shares of the company’s stock valued at $885,000 after buying an additional 66 shares in the last quarter. IFP Advisors Inc grew its position in Eli Lilly and Company by 11.4% in the second quarter. IFP Advisors Inc now owns 20,352 shares of the company’s stock worth $24,411,000 after acquiring an additional 2,078 shares in the last quarter. Baird Financial Group Inc. increased its stake in Eli Lilly and Company by 7.2% in the second quarter. Baird Financial Group Inc. now owns 303,814 shares of the company’s stock valued at $364,403,000 after acquiring an additional 20,340 shares during the last quarter. Sterling Investment Advisors Ltd. increased its stake in Eli Lilly and Company by 9.8% in the second quarter. Sterling Investment Advisors Ltd. now owns 2,444 shares of the company’s stock valued at $2,932,000 after acquiring an additional 219 shares during the last quarter. Finally, One Charles Private Wealth Services LLC raised its position in Eli Lilly and Company by 13.5% during the second quarter. One Charles Private Wealth Services LLC now owns 369 shares of the company’s stock valued at $443,000 after purchasing an additional 44 shares in the last quarter. Institutional investors own 82.53% of the company’s stock.
Insiders Place Their Bets
In other news, EVP Patrik Jonsson sold 6,500 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $1,175.10, for a total transaction of $7,638,150.00. Following the transaction, the executive vice president directly owned 54,147 shares of the company’s stock, valued at approximately $63,628,139.70. The trade was a 10.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Donald Zakrowski sold 2,000 shares of Eli Lilly and Company stock in a transaction on Monday, August 10th. The shares were sold at an average price of $1,185.01, for a total transaction of $2,370,020.00. Following the completion of the sale, the chief accounting officer owned 1,526 shares in the company, valued at approximately $1,808,325.26. This trade represents a 56.72% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 13,500 shares of company stock worth $15,958,170. 0.14% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
View Our Latest Research Report on LLY
Eli Lilly and Company News Roundup
Here are the key news stories impacting Eli Lilly and Company this week:
- Positive Sentiment: Lilly’s GLP-1 franchise is described as growing at nearly 50% annually, supporting the company’s recent rise above a $1 trillion market capitalization. Analysts and commentators continue to see attractive medium-term prospects from strong demand for obesity and diabetes treatments. Eli Lilly Stock Has Become a Trillion-Dollar Giant
- Positive Sentiment: Coverage highlights Lilly’s broadening pipeline, with profits from incretin drugs helping fund development of the next generation of medicines. The company is also expected to use GLP-1 proceeds to expand into women’s health, potentially creating additional long-term growth avenues. Eli Lilly’s pipeline in 2026
- Positive Sentiment: Reports that Lilly rationed some launches because demand exceeded supply underscore the commercial strength of its products, although they also highlight the importance of expanding manufacturing capacity. What Eli Lilly Was Telling You While It Rationed Its Own Launches
- Neutral Sentiment: Articles comparing Lilly with Nvidia and projecting the value of long-term investments remain favorable toward Lilly’s growth story, but they are opinion pieces and do not introduce a new near-term earnings catalyst. Got $10,000? Eli Lilly vs. Nvidia
- Negative Sentiment: Investors are increasingly focused on whether Lilly’s valuation already reflects much of its GLP-1 success. The recent pullback and concerns about competition, supply, pipeline execution and the difficulty of sustaining rapid growth may be limiting upside and weighing on the stock. Eli Lilly Stock Has Become a Trillion-Dollar Giant
Eli Lilly and Company Trading Down 0.1%
NYSE LLY opened at $1,122.74 on Friday. The firm has a market cap of $1.06 trillion, a PE ratio of 37.68, a price-to-earnings-growth ratio of 1.39 and a beta of 0.50. Eli Lilly and Company has a 1-year low of $712.05 and a 1-year high of $1,292.65. The stock has a 50-day moving average of $1,185.52 and a 200-day moving average of $1,072.89. 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:LLY – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $8.38 EPS for the quarter, topping analysts’ consensus estimates of $6.40 by $1.98. The business 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 quarterly revenue was up 47.7% on a year-over-year basis. During the same period in the previous year, the firm earned $6.31 EPS. Eli Lilly and Company has set its FY 2026 guidance at 35.500-36.500 EPS. As a group, sell-side analysts forecast that Eli Lilly and Company will post 36.35 EPS for the current year.
Eli Lilly and Company Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Friday, August 14th were paid a dividend of $1.73 per share. This represents a $6.92 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Friday, August 14th. Eli Lilly and Company’s dividend payout ratio is 23.22%.
Eli Lilly and Company Profile
Eli Lilly and Company is a global pharmaceutical company that discovers, develops, manufactures and markets medicines for a range of medical conditions. Its portfolio includes treatments for diabetes and obesity, oncology, immunology, neuroscience, cardiovascular disease and other areas of significant unmet medical need.
The company’s products include Mounjaro and Trulicity for diabetes, Zepbound for chronic weight management, and insulin products such as Humalog. Lilly also markets Verzenio for certain breast cancers and Kisunla for the treatment of early symptomatic Alzheimer’s disease.
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