Mizuho Markets Americas LLC Invests $10.68 Million in Eli Lilly and Company $LLY

Mizuho Markets Americas LLC purchased a new stake in Eli Lilly and Company (NYSE:LLYFree Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 14,000 shares of the company’s stock, valued at approximately $10,682,000.

A number of other large investors have also added to or reduced their stakes in LLY. Brighton Jones LLC increased its holdings in Eli Lilly and Company by 22.0% in the 4th quarter. Brighton Jones LLC now owns 9,597 shares of the company’s stock valued at $7,409,000 after buying an additional 1,730 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of Eli Lilly and Company by 2.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 1,471 shares of the company’s stock worth $1,136,000 after acquiring an additional 40 shares during the period. Perpetual Ltd boosted its position in shares of Eli Lilly and Company by 7.1% during the 2nd quarter. Perpetual Ltd now owns 1,500 shares of the company’s stock worth $1,169,000 after acquiring an additional 100 shares in the last quarter. Global X Japan Co. Ltd. raised its position in Eli Lilly and Company by 3.1% during the second quarter. Global X Japan Co. Ltd. now owns 2,139 shares of the company’s stock valued at $1,667,000 after purchasing an additional 65 shares in the last quarter. Finally, Eagle Bay Advisors LLC raised its position in Eli Lilly and Company by 3.1% during the second quarter. Eagle Bay Advisors LLC now owns 755 shares of the company’s stock valued at $588,000 after purchasing an additional 23 shares in the last quarter. Institutional investors and hedge funds own 82.53% of the company’s stock.

Eli Lilly and Company Stock Up 0.5%

NYSE:LLY opened at $1,038.26 on Monday. Eli Lilly and Company has a one year low of $623.78 and a one year high of $1,133.95. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.55 and a quick ratio of 1.24. The company has a market cap of $981.55 billion, a PE ratio of 50.80, a P/E/G ratio of 0.75 and a beta of 0.35. The firm’s 50 day simple moving average is $1,051.34 and its 200 day simple moving average is $871.48.

Eli Lilly and Company (NYSE:LLYGet Free Report) last released its quarterly earnings results on Thursday, October 30th. The company reported $7.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.42 by $0.60. The firm had revenue of $17.60 billion during the quarter, compared to the consensus estimate of $16.09 billion. Eli Lilly and Company had a net margin of 30.99% and a return on equity of 109.52%. The company’s revenue for the quarter was up 53.9% on a year-over-year basis. During the same quarter last year, the firm earned $1.18 earnings per share. Eli Lilly and Company has set its FY 2025 guidance at 23.000-23.700 EPS. On average, research analysts anticipate that Eli Lilly and Company will post 23.48 earnings per share for the current year.

Eli Lilly and Company Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Friday, February 13th will be paid a $1.73 dividend. The ex-dividend date of this dividend is Friday, February 13th. This is a positive change from Eli Lilly and Company’s previous quarterly dividend of $1.50. This represents a $6.92 annualized dividend and a dividend yield of 0.7%. Eli Lilly and Company’s payout ratio is currently 29.35%.

Trending Headlines about Eli Lilly and Company

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Wall Street Analyst Weigh In

LLY has been the topic of several recent analyst reports. HSBC reiterated a “hold” rating and issued a $1,070.00 price target on shares of Eli Lilly and Company in a research note on Wednesday, December 10th. Erste Group Bank raised Eli Lilly and Company from a “hold” rating to a “buy” rating in a research note on Tuesday, October 14th. Daiwa Capital Markets set a $1,230.00 price target on shares of Eli Lilly and Company and gave the company a “buy” rating in a research note on Tuesday, December 16th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Eli Lilly and Company in a research report on Friday, December 19th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Eli Lilly and Company in a research note on Wednesday. Five research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $1,174.70.

View Our Latest Stock 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.

Further Reading

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

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