Elanco Animal Health (ELAN) reported second-quarter 2026 revenue of $1.368 billion, up 10% year over year, with organic constant currency growth of 8%. Reported net income rose to $54 million from $11 million, and basic and diluted EPS were both $0.11.
The company raised its full-year 2026 outlook, including revenue guidance of $5.09 billion to $5.14 billion and adjusted EPS guidance of $1.10 to $1.16. Elanco also raised its innovation revenue target to $1.25 billion and improved its year-end net leverage ratio target to approximately 3.0x adjusted EBITDA.
- Pet Health revenue was $718 million, up 12% year over year.
- Farm Animal revenue was $633 million, up 9% year over year.
- Adjusted EBITDA was $288 million, with an adjusted EBITDA margin of 21.2%.
- Adjusted net income was $174 million, or $0.34 per diluted share.
- Net leverage ratio was 3.1x adjusted EBITDA as of June 30, 2026.
$ELAN Insider Trading Activity
$ELAN insiders have traded $ELAN stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $ELAN stock by insiders over the last 6 months:
- RAJEEV A. MODI (SEE REMARKS) purchased 4,911 shares for an estimated $99,938
- JEFFREY N SIMMONS (PRESIDENT, CEO AND DIRECTOR) purchased 4,971 shares for an estimated $99,842
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$ELAN Hedge Fund Activity
We have seen 224 institutional investors add shares of $ELAN stock to their portfolio, and 252 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WINSLOW CAPITAL MANAGEMENT, LLC added 13,614,355 shares (+inf%) to their portfolio in Q1 2026, for an estimated $318,507,835
- DODGE & COX removed 10,140,205 shares (-12.8%) from their portfolio in Q1 2026, for an estimated $237,230,095
- MILLENNIUM MANAGEMENT LLC removed 7,408,568 shares (-91.2%) from their portfolio in Q1 2026, for an estimated $173,323,448
- SEI INVESTMENTS CO added 4,975,721 shares (+737.5%) to their portfolio in Q1 2026, for an estimated $116,406,992
- NUVEEN, LLC removed 3,850,285 shares (-63.2%) from their portfolio in Q1 2026, for an estimated $90,077,417
- ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC added 2,871,561 shares (+inf%) to their portfolio in Q1 2026, for an estimated $67,180,169
- MORGAN STANLEY removed 1,869,081 shares (-22.6%) from their portfolio in Q1 2026, for an estimated $43,727,149
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
