Dorato Capital Management Invests $615,000 in Ball Corporation $BALL

Dorato Capital Management acquired a new position in shares of Ball Corporation (NYSE:BALL) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,972 shares of the company’s stock, valued at approximately $615,000.

Other large investors have also made changes to their positions in the company. True Wealth Design LLC raised its stake in shares of 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 grew its holdings in 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 acquiring an additional 246 shares during the last quarter. Asset Management One Co. Ltd. raised its stake in shares of 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 acquiring an additional 296 shares during the last quarter. Union Bancaire Privee UBP SA lifted its position in shares of Ball by 1.7% during the fourth quarter. Union Bancaire Privee UBP SA now owns 20,223 shares of the company’s stock worth $1,075,000 after purchasing an additional 338 shares in the last quarter. Finally, Exchange Traded Concepts LLC grew its stake in shares of Ball by 13.9% during the third quarter. Exchange Traded Concepts LLC now owns 3,285 shares of the company’s stock valued at $166,000 after purchasing an additional 402 shares during the last quarter. Institutional investors own 86.51% of the company’s stock.

Insider Buying and Selling

In related news, SVP Kathleen Pitre sold 10,660 shares of Ball stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $66.63, for a total transaction of $710,275.80. Following the transaction, the senior vice president owned 36,772 shares of the company’s stock, valued at $2,450,118.36. This trade represents a 22.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Fauze Villatoro acquired 1,551 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The shares were purchased at an average price of $64.51 per share, with a total value of $100,055.01. Following the acquisition, the senior vice president owned 13,778 shares of the company’s stock, valued at approximately $888,818.78. This trade represents a 12.69% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 0.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on BALL. JPMorgan Chase & Co. lifted their target price on Ball from $50.00 to $60.00 and gave the company a “neutral” rating in a research note on Wednesday, February 4th. Jefferies Financial Group upped their target price on shares of Ball from $64.00 to $71.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Royal Bank Of Canada reduced their target price on shares of Ball from $74.00 to $71.00 and set an “outperform” rating on the stock in a research note on Friday, March 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Ball in a research report on Monday, December 29th. Finally, Robert W. Baird set a $75.00 price target on shares of Ball in a research note on Wednesday, February 4th. Nine analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $69.00.

Ball Stock Down 0.7%

Shares of Ball stock opened at $59.95 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. Ball Corporation has a 12 month low of $43.51 and a 12 month high of $68.29. The business has a fifty day simple moving average of $62.50 and a 200 day simple moving average of $54.50. The stock has a market cap of $15.96 billion, a PE ratio of 18.06, a price-to-earnings-growth ratio of 1.20 and a beta of 1.14.

Ball (NYSE:BALL) last released its earnings results 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 firm had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.11 billion. During the same quarter in the prior year, the firm posted $0.84 earnings per share. The company’s quarterly revenue was up 16.2% on a year-over-year basis. Ball has set its FY 2026 guidance at 3.930- EPS. Research analysts predict that Ball Corporation will post 3.48 EPS for the current year.

Ball Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Monday, March 2nd. Ball’s dividend payout ratio (DPR) is currently 24.10%.

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.