<div id="readability-page-1"><p>Armstrong Advisory Group Inc. increased its position in shares of  Eli Lilly and Company (NYSE:LLY - Free Report) by 53.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor  owned 8,770 shares of the company's stock after purchasing an additional 3,062 shares during the period. Armstrong Advisory Group Inc.'s holdings in Eli Lilly and Company were worth $6,691,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Eli Lilly and Company</strong> alerts:</span></p></div><ul><li>3 Healthcare Giants Just Raised Dividends—Here’s Who Pays the Most</li></ul><p>A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Lazard Freres Gestion S.A.S. boosted its position in shares of  Eli Lilly and Company by 114.3% during the 2nd quarter. Lazard Freres Gestion S.A.S. now owns 77,295 shares of the company's stock worth $60,253,000 after purchasing an additional 41,222 shares in the last quarter.  Precedent Wealth Partners LLC increased its holdings in shares of  Eli Lilly and Company by 15.3% in the 2nd quarter. Precedent Wealth Partners LLC now owns 294 shares of the company's stock valued at $229,000 after purchasing an additional 39 shares in the last quarter.  Central Pacific Bank Trust Division lifted its stake in shares of  Eli Lilly and Company by 25.8% in the third quarter. Central Pacific Bank Trust Division now owns 8,990 shares of the company's stock valued at $6,859,000 after purchasing an additional 1,843 shares during the period.  Capital Advisors Inc. OK boosted its holdings in  Eli Lilly and Company by 6.8% during the second quarter. Capital Advisors Inc. OK now owns 6,747 shares of the company's stock worth $5,260,000 after buying an additional 429 shares in the last quarter.  Finally, Family CFO Inc purchased a new stake in  Eli Lilly and Company during the second quarter worth about $54,000. 82.53% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Analyst Ratings Changes</h2><p>A number of research firms have recently issued reports on LLY. UBS Group  reiterated a &#34;neutral&#34; rating on shares of Eli Lilly and Company in a research report on Thursday. HSBC  reissued a &#34;hold&#34; rating and issued a $1,070.00 price objective on shares of Eli Lilly and Company in a research note on Wednesday, December 10th. CICC Research increased their price target on shares of Eli Lilly and Company from $801.00 to $1,060.00 and gave the company a &#34;neutral&#34; rating in a research report on Thursday, November 13th. Scotiabank assumed coverage on Eli Lilly and Company in a report on Thursday, November 13th. They issued a &#34;sector outperform&#34; rating and a $1,165.00 price target for the company. Finally, Guggenheim  reaffirmed a &#34;buy&#34; rating and set a $1,163.00 price objective on shares of Eli Lilly and Company in a research note on Wednesday, December 3rd. Four research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have assigned  a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of &#34;Moderate Buy&#34; and an average price target of $1,141.73.</p><ul><li>Pfizer Adds to Its Big Bet on Weight Loss Drugs</li></ul><p><b>Read Our Latest Research Report on Eli Lilly and Company</b></p><h2>Eli Lilly and Company Stock Up 1.4%</h2><p>LLY opened at $1,056.57 on Friday. Eli Lilly and Company has a 12 month low of $623.78 and a 12 month high of $1,111.99. The business has a 50-day moving average of $956.00 and a two-hundred day moving average of $828.10. The stock has a market capitalization of $998.86 billion, a price-to-earnings ratio of 51.69, a price-to-earnings-growth ratio of 1.31 and a beta of 0.37. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.55 and a quick ratio of 1.24. </p><ul><li>Golden Cross Alert: 3 Stocks With Major Upside Potential</li></ul><p>Eli Lilly and Company (NYSE:LLY - Get Free Report) last issued its quarterly earnings results on Thursday, October 30th. The company reported $7.02 EPS for the quarter, topping the consensus estimate of $6.42 by $0.60. Eli Lilly and Company had a net margin of 30.99% and a return on equity of 109.52%. The firm had revenue of $17.60 billion during the quarter, compared to analyst estimates of $16.09 billion. During the same quarter in the prior year, the business posted $1.18 earnings per share. Eli Lilly and Company's revenue for the quarter was up 53.9% compared to the same quarter last year. Eli Lilly and Company has set its FY 2025 guidance at 23.000-23.700 EPS.  On average, research analysts expect that  Eli Lilly and Company will post 23.48 earnings per share for the current year. </p><h2>Eli Lilly and Company Increases Dividend</h2><p>The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Friday, February 13th will be given a dividend of $1.73 per share. This represents a $6.92 dividend on an annualized basis and a yield of 0.7%. This is a boost from Eli Lilly and Company's previous quarterly dividend of $1.50. The ex-dividend date of this dividend is Friday, February 13th. Eli Lilly and Company's dividend payout ratio (DPR) is presently 29.35%. </p><h2>About Eli Lilly and Company</h2> (Free Report)<p>Eli Lilly and Company discovers, develops, and markets human pharmaceuticals worldwide. The company offers Basaglar, Humalog, Humalog Mix 75/25, Humalog U-100, Humalog U-200, Humalog Mix 50/50, insulin lispro, insulin lispro protamine, insulin lispro mix 75/25, Humulin, Humulin 70/30, Humulin N, Humulin R, and Humulin U-500 for diabetes; Jardiance, Mounjaro, and Trulicity for type 2 diabetes; and Zepbound for obesity.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Eli Lilly and Company</li><li>3 Home Improvement Stocks that Can Upgrade Your Portfolio</li><li>Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500</li><li>Special Purpose Acquisition Company (SPAC) What You Need to Know </li><li>Forget the Chips: 4 Industrial Plays for the AI Rebound</li><li>How to Choose Top Rated Stocks</li><li>MongoDB Could Hit Record Highs—But You’ll Need to Move Fast</li></ul><p><strong>Want to see what other hedge funds are holding LLY?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Eli Lilly and Company (NYSE:LLY - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUxMWQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUxMWQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Eli Lilly and Company Right Now?</h2><p>Before you consider Eli Lilly and Company, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Eli Lilly and Company wasn't on the list.</p><p>While Eli Lilly and Company currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Armstrong Advisory Group Inc. increased its holdings in Eli Lilly and Company by 53.6% in the third quarter, now owning 8,770 shares valued at $6,691,000. Other institutional investors also increased their positions in Eli Lilly. The stock has an average rating of 'Moderate Buy' with a price target of $1,141.73. Eli Lilly reported strong quarterly earnings, with revenue up 53.9% year-over-year.</p>

Armstrong Advisory Group Inc. Grows Stock Holdings in Eli Lilly and Company $LLY