Dimensional Fund Advisors LP Increases Stock Holdings in Ball Corporation $BALL

Dimensional Fund Advisors LP increased its position in shares of Ball Corporation (NYSE:BALL) by 13.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,828,298 shares of the company’s stock after purchasing an additional 455,089 shares during the period. Dimensional Fund Advisors LP owned 1.43% of Ball worth $193,003,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. True Wealth Design LLC boosted its holdings in Ball by 17.6% in the 3rd quarter. True Wealth Design LLC now owns 1,438 shares of the company’s stock valued at $73,000 after purchasing an additional 215 shares during the last quarter. Independent Advisor Alliance increased 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 worth $477,000 after buying an additional 246 shares during the last quarter. Seeds Investor LLC increased 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 worth $381,000 after buying an additional 265 shares during the last quarter. Smith Moore & CO. raised its position in shares of Ball by 2.3% during the 2nd quarter. Smith Moore & CO. now owns 12,249 shares of the company’s stock valued at $687,000 after buying an additional 278 shares during the period. Finally, Asset Management One Co. Ltd. lifted 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 valued at $5,960,000 after acquiring an additional 296 shares during the last quarter. 86.51% of the stock is owned by hedge funds and other institutional investors.

Ball Stock Down 1.1%

Ball stock opened at $62.50 on Monday. The company has a market capitalization of $16.63 billion, a PE ratio of 18.83, a price-to-earnings-growth ratio of 1.24 and a beta of 1.10. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.75 and a current ratio of 1.11. Ball Corporation has a fifty-two week low of $43.51 and a fifty-two week high of $68.29. The firm has a 50 day moving average price of $60.43 and a 200 day moving average price of $53.39.

Ball (NYSE:BALL) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $3.11 billion. During the same period in the prior year, the firm earned $0.84 earnings per share. The firm’s revenue was up 16.2% compared to the same quarter last year. Ball has set its FY 2026 guidance at 3.930- EPS. Research analysts expect that Ball Corporation will post 3.48 earnings per share for the current year.

Ball Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be paid 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 yield of 1.3%. Ball’s dividend payout ratio is presently 24.10%.

Wall Street Analyst Weigh In

BALL has been the subject of several analyst reports. Bank of America upgraded Ball from a “neutral” rating to a “buy” rating and set a $61.00 price objective for the company in a research report on Monday, November 17th. Morgan Stanley set a $66.00 price target on Ball in a research note on Wednesday, February 4th. UBS Group reiterated a “neutral” rating and set a $66.00 price target on shares of Ball in a report on Wednesday, February 4th. Citigroup raised their price objective on Ball from $67.00 to $74.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Finally, Wells Fargo & Company boosted their price objective on shares of Ball from $60.00 to $70.00 and gave the company an “overweight” rating in a report on Wednesday, February 4th. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Ball presently has an average rating of “Moderate Buy” and a consensus target price of $68.46.

Insider Transactions at Ball

In related news, SVP Kathleen Pitre sold 10,660 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $66.63, for a total transaction of $710,275.80. Following the completion of the transaction, the senior vice president directly owned 36,772 shares in the company, valued at $2,450,118.36. This trade represents a 22.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Fauze Villatoro bought 1,551 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was purchased at an average cost of $64.51 per share, with a total value of $100,055.01. Following the completion of the transaction, the senior vice president owned 13,778 shares in the company, valued at $888,818.78. This represents a 12.69% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Company insiders own 0.57% of the company’s stock.

Ball 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.