Ethic Inc. Has $1.51 Million Stock Holdings in Li Auto Inc. Sponsored ADR $LI

Key Points

• Ethic Inc. significantly increased its holdings in Li Auto by 78.1% during the first quarter, now owning 58,678 shares valued at approximately $1.5 million.
• Li Auto's stock is currently down 0.6%, trading at $24.05, with a 1-year high of $33.12 and a low of $17.44.
• Recent quarterly earnings showed Li Auto missed analyst expectations, reporting $0.08 earnings per share against an expected $0.09, despite generating revenues of $3.53 billion.

Ethic Inc. increased its position in Li Auto Inc. Sponsored ADR (NASDAQ:LI - Free Report) by 78.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 58,678 shares of the company's stock after purchasing an additional 25,740 shares during the quarter. Ethic Inc.'s holdings in Li Auto were worth $1,505,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. CX Institutional bought a new stake in shares of Li Auto in the 1st quarter valued at about $72,000. Halbert Hargrove Global Advisors LLC bought a new position in Li Auto in the 1st quarter valued at about $126,000. PNC Financial Services Group Inc. raised its holdings in Li Auto by 9.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,134 shares of the company's stock valued at $155,000 after acquiring an additional 538 shares during the period. Kestra Private Wealth Services LLC bought a new position in Li Auto in the 1st quarter valued at about $226,000. Finally, Verity Asset Management Inc. bought a new position in Li Auto in the 1st quarter valued at about $235,000. 9.88% of the stock is owned by institutional investors.

Li Auto Stock Performance

Shares of LI traded up $0.60 during mid-day trading on Friday, hitting $24.06. 5,042,875 shares of the company's stock were exchanged, compared to its average volume of 5,688,298. Li Auto Inc. Sponsored ADR has a 52 week low of $17.44 and a 52 week high of $33.12. The stock's 50-day simple moving average is $26.85 and its 200-day simple moving average is $26.64. The firm has a market cap of $25.19 billion, a price-to-earnings ratio of 22.91, a price-to-earnings-growth ratio of 1.39 and a beta of 0.94. The company has a quick ratio of 1.72, a current ratio of 1.87 and a debt-to-equity ratio of 0.12.

Li Auto (NASDAQ:LI - Get Free Report) last announced its earnings results on Thursday, May 29th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.01). Li Auto had a return on equity of 11.83% and a net margin of 5.60%.The business had revenue of $3.53 billion for the quarter, compared to the consensus estimate of $3.45 billion. During the same period in the prior year, the business posted $1.21 earnings per share. The firm's revenue for the quarter was up 1.1% compared to the same quarter last year. Li Auto has set its Q2 2025 guidance at EPS. On average, equities research analysts expect that Li Auto Inc. Sponsored ADR will post 0.96 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on LI. Cfra Research raised shares of Li Auto from a "strong sell" rating to a "hold" rating in a report on Tuesday, June 10th. Macquarie cut shares of Li Auto from a "neutral" rating to an "underperform" rating and lowered their price target for the company from $28.00 to $21.00 in a report on Friday. BNP Paribas Exane began coverage on shares of Li Auto in a report on Monday, August 18th. They issued an "underperform" rating and a $18.00 price target on the stock. Sanford C. Bernstein set a $26.00 price target on shares of Li Auto and gave the company a "market perform" rating in a report on Tuesday, August 19th. Finally, JPMorgan Chase & Co. reaffirmed a "neutral" rating and set a $28.00 target price (down from $33.00) on shares of Li Auto in a report on Thursday, August 14th. Two investment analysts have rated the stock with a Buy rating, six have given a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Reduce" and a consensus target price of $27.89.

About Li Auto

Li Auto Inc operates in the energy vehicle market in the People's Republic of China. It designs, develops, manufactures, and sells premium smart electric vehicles. The company's product line comprises MPVs and sport utility vehicles. It offers sales and after sales management, and technology development and corporate management services, as well as purchases manufacturing equipment.