Aberdeen Group plc lessened its position in Ball Corporation (NYSE:BALL – Free Report) by 4.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 311,876 shares of the company’s stock after selling 13,888 shares during the period. Aberdeen Group plc owned approximately 0.12% of Ball worth $16,520,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of the company. True Wealth Design LLC increased its holdings in shares of Ball by 17.6% in the 3rd quarter. True Wealth Design LLC now owns 1,438 shares of the company’s stock worth $73,000 after acquiring an additional 215 shares during the period. Independent Advisor Alliance increased its stake in 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 buying an additional 246 shares during the period. Asset Management One Co. Ltd. increased its stake in Ball by 0.3% during the 3rd quarter. Asset Management One Co. Ltd. now owns 118,213 shares of the company’s stock valued at $5,960,000 after buying an additional 296 shares during the period. Union Bancaire Privee UBP SA increased its stake in Ball by 1.7% during the 4th quarter. Union Bancaire Privee UBP SA now owns 20,223 shares of the company’s stock valued at $1,075,000 after buying an additional 338 shares during the period. Finally, Exchange Traded Concepts LLC increased its stake in Ball by 13.9% during the 3rd quarter. Exchange Traded Concepts LLC now owns 3,285 shares of the company’s stock valued at $166,000 after buying an additional 402 shares during the period. Institutional investors and hedge funds own 86.51% of the company’s stock.
Key Ball News
Here are the key news stories impacting Ball this week:
- Neutral Sentiment: Multiple outlets report UConn guard “Solo Ball” suffered a foot sprain, was seen in a walking boot, and had availability updates ahead of the NCAA national championship — game-time decisions and injury-management coverage. Read More.
- Neutral Sentiment: Additional reports reiterate the same injury/availability theme (status updates, coach comments, and multiple outlets confirming he was cleared/available). These are sports/injury stories with no connection to Ball Corporation. Read More.
- Neutral Sentiment: One viral pop-culture item shows a “Master Ball” (Pokémon) used in an engagement proposal; purely social media/viral content and irrelevant to BALL’s business. Read More.
Ball Stock Performance
Ball (NYSE:BALL – Get Free Report) last issued 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. The firm had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.11 billion. Ball had a net margin of 6.93% and a return on equity of 18.12%. The company’s revenue for the quarter was up 16.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.84 earnings per share. Ball has set its FY 2026 guidance at 3.930- EPS. Research analysts expect that Ball Corporation will post 3.48 EPS for the current fiscal year.
Ball Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were paid a $0.20 dividend. The ex-dividend date was Monday, March 2nd. This represents a $0.80 dividend on an annualized basis and a yield of 1.3%. Ball’s payout ratio is 24.10%.
Insider Buying and Selling
In other Ball news, SVP Fauze Villatoro bought 1,551 shares of Ball stock in a transaction on Wednesday, March 4th. The stock was purchased at an average cost of $64.51 per share, for a total transaction of $100,055.01. Following the completion of the purchase, the senior vice president directly owned 13,778 shares of the company’s stock, valued at $888,818.78. The trade was a 12.69% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Kathleen Pitre sold 10,660 shares of the business’s stock in a transaction on 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 sale, the senior vice president owned 36,772 shares of the company’s stock, valued at $2,450,118.36. The trade was a 22.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.81% of the stock is owned by insiders.
Analyst Ratings Changes
Several equities analysts have commented on the stock. Citigroup raised their target price on shares of Ball from $67.00 to $74.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. UBS Group reissued a “neutral” rating and set a $66.00 target price on shares of Ball in a research note on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft began coverage on shares of Ball in a research report on Wednesday, April 1st. They set a “buy” rating and a $72.00 price objective for the company. Mizuho raised their price objective on shares of Ball from $58.00 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday, February 4th. Finally, Truist Financial raised their price objective on shares of Ball from $69.00 to $75.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Nine research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $69.00.
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.
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