Ball Corporation $BALL Stock Position Raised by Citigroup Inc.

Citigroup Inc. grew its position in shares of Ball Corporation (NYSE:BALL) by 9.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 216,061 shares of the company’s stock after buying an additional 19,241 shares during the quarter. Citigroup Inc. owned approximately 0.08% of Ball worth $10,894,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in BALL. True Wealth Design LLC lifted its stake in Ball by 17.6% in the third quarter. True Wealth Design LLC now owns 1,438 shares of the company’s stock valued at $73,000 after acquiring an additional 215 shares during the last quarter. Independent Advisor Alliance raised its holdings in shares of Ball by 2.7% during the 3rd quarter. Independent Advisor Alliance now owns 9,470 shares of the company’s stock valued at $477,000 after purchasing an additional 246 shares in the last quarter. Seeds Investor LLC raised its holdings in shares of Ball by 4.1% during the 2nd quarter. Seeds Investor LLC now owns 6,797 shares of the company’s stock valued at $381,000 after purchasing an additional 265 shares in the last quarter. Smith Moore & CO. lifted its stake in shares of Ball by 2.3% in the 2nd quarter. Smith Moore & CO. now owns 12,249 shares of the company’s stock valued at $687,000 after purchasing an additional 278 shares during the last quarter. Finally, Asset Management One Co. Ltd. boosted its holdings in Ball by 0.3% in the third quarter. Asset Management One Co. Ltd. now owns 118,213 shares of the company’s stock worth $5,960,000 after purchasing an additional 296 shares in the last quarter. Institutional investors and hedge funds own 86.51% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on BALL shares. Royal Bank Of Canada restated an “outperform” rating on shares of Ball in a report on Wednesday, February 4th. Bank of America raised Ball from a “neutral” rating to a “buy” rating and set a $61.00 price objective on the stock in a report on Monday, November 17th. Mizuho boosted their target price on Ball from $58.00 to $70.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Robert W. Baird set a $75.00 price target on Ball in a report on Wednesday, February 4th. Finally, UBS Group reissued a “neutral” rating and issued a $66.00 price target on shares of Ball in a research report on Wednesday, February 4th. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.46.

Ball Stock Performance

BALL opened at $67.07 on Friday. The company has a quick ratio of 0.75, a current ratio of 1.11 and a debt-to-equity ratio of 1.29. The stock’s 50 day moving average price is $59.23 and its two-hundred day moving average price is $53.01. The firm has a market capitalization of $17.84 billion, a P/E ratio of 20.20, a price-to-earnings-growth ratio of 1.33 and a beta of 1.13. Ball Corporation has a 12-month low of $43.51 and a 12-month high of $68.29.

Ball (NYSE:BALL) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.01. Ball had a return on equity of 18.12% and a net margin of 6.93%.The company had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.11 billion. During the same period in the prior year, the business earned $0.84 earnings per share. Ball’s revenue for the quarter was up 16.2% compared to the same quarter last year. Ball has set its FY 2026 guidance at 3.930- EPS. On average, equities analysts forecast that Ball Corporation will post 3.48 earnings per share for the current year.

Ball Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.2%. The ex-dividend date is Monday, March 2nd. Ball’s dividend payout ratio (DPR) is currently 24.10%.

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.