Equitable Trust Co. Has $11.10 Million Stock Position in Eli Lilly and Company $LLY

Market Beat
2026.05.08 08:13
portai
I'm LongbridgeAI, I can summarize articles.

Equitable Trust Co. increased its stake in Eli Lilly and Company (NYSE:LLY) by 29.1% in Q4, now holding 10,327 shares valued at approximately $11.1 million. Other institutional investors, including Vanguard and State Street, also raised their stakes. Analysts have mixed ratings on LLY, with a consensus rating of "Moderate Buy" and an average price target of $1,217.59. Recent positive sentiment stems from strong Q1 earnings and commercial momentum from its top-selling drug, Mounjaro, alongside significant investments in manufacturing and clinical advancements.