Ball Corporation (NYSE:BALL) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Ball Corporation (NYSE:BALL) have been assigned an average rating of “Moderate Buy” from the fourteen ratings firms that are covering the firm, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $68.4615.

A number of equities analysts have recently commented on the company. Robert W. Baird set a $75.00 price target on Ball in a report on Wednesday, February 4th. Royal Bank Of Canada reissued an “outperform” rating on shares of Ball in a research note on Wednesday, February 4th. Jefferies Financial Group raised their price target on shares of Ball from $64.00 to $71.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. JPMorgan Chase & Co. upped their price objective on shares of Ball from $50.00 to $60.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 4th. Finally, Truist Financial increased their price objective on shares of Ball from $69.00 to $75.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th.

Ball Price Performance

Shares of NYSE:BALL opened at $67.07 on Friday. The firm has a 50 day moving average of $59.23 and a 200-day moving average of $53.02. Ball has a 12 month low of $43.51 and a 12 month high of $68.29. The company has a current ratio of 1.11, a quick ratio of 0.75 and a debt-to-equity ratio of 1.29. The stock has a market capitalization of $17.84 billion, a PE ratio of 20.20, a PEG ratio of 1.32 and a beta of 1.13.

Ball (NYSE:BALL) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.01. Ball had a net margin of 6.93% and a return on equity of 18.12%. The business had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.11 billion. During the same quarter last year, the business posted $0.84 EPS. The firm’s revenue for the quarter was up 16.2% on a year-over-year basis. Ball has set its FY 2026 guidance at 3.930- EPS. On average, equities research analysts predict that Ball will post 3.48 EPS for the current fiscal year.

Ball Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $0.80 annualized dividend and a dividend yield of 1.2%. Ball’s dividend payout ratio (DPR) is 24.10%.

Hedge Funds Weigh In On Ball

Several large investors have recently bought and sold shares of BALL. Norges Bank acquired a new stake in shares of Ball during the second quarter valued at about $192,463,000. Dimensional Fund Advisors LP grew its holdings in Ball by 47.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,658,732 shares of the company’s stock worth $299,749,000 after acquiring an additional 1,830,434 shares during the last quarter. M&G PLC increased its position in Ball by 242.9% in the 4th quarter. M&G PLC now owns 2,326,812 shares of the company’s stock valued at $123,321,000 after acquiring an additional 1,648,303 shares during the period. AQR Capital Management LLC raised its stake in shares of Ball by 1,465.3% during the second quarter. AQR Capital Management LLC now owns 1,314,786 shares of the company’s stock valued at $73,746,000 after acquiring an additional 1,230,791 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of Ball by 5.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 18,886,681 shares of the company’s stock valued at $1,000,429,000 after acquiring an additional 999,690 shares during the last quarter. 86.51% of the stock is currently owned by institutional investors.

Ball Company Profile

Ball Corporation is a leading provider of sustainable aluminum packaging solutions and advanced aerospace technologies. Headquartered in Broomfield, Colorado, the company serves customers in the beverage, food and aerosol markets through a global network of manufacturing facilities. With an emphasis on sustainability and innovation, Ball designs and produces metal cans, bottles and ends that support recycling and reduce environmental impact.

The company’s packaging segment specializes in beverage cans for soft drinks, beer and energy drinks, as well as metal packaging for food and personal care applications.