Andrew Hill Investment Advisors Inc. Invests $785,000 in Ball Corporation $BALL

Andrew Hill Investment Advisors Inc. purchased a new position in shares of Ball Corporation (NYSE:BALL) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 14,820 shares of the company’s stock, valued at approximately $785,000.

Several other hedge funds and other institutional investors have also modified their holdings of BALL. AQR Capital Management LLC boosted its position 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 worth $73,746,000 after buying an additional 1,230,791 shares during the period. Man Group plc boosted its position in shares of Ball by 141.3% during the third quarter. Man Group plc now owns 1,248,500 shares of the company’s stock worth $62,949,000 after buying an additional 731,076 shares during the period. Bank of America Corp DE boosted its position in shares of Ball by 55.1% during the second quarter. Bank of America Corp DE now owns 2,055,094 shares of the company’s stock worth $115,270,000 after buying an additional 730,462 shares during the period. Invesco Ltd. boosted its position in shares of Ball by 14.9% during the third quarter. Invesco Ltd. now owns 4,651,348 shares of the company’s stock worth $234,521,000 after buying an additional 602,137 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of Ball by 13.5% during the third quarter. Dimensional Fund Advisors LP now owns 3,828,298 shares of the company’s stock worth $193,003,000 after buying an additional 455,089 shares during the period. 86.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on BALL shares. Weiss Ratings restated a “hold (c)” rating on shares of Ball in a research report on Monday, December 29th. Truist Financial lifted their target price on Ball from $69.00 to $75.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Citigroup lifted their target price on Ball from $67.00 to $74.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Royal Bank Of Canada decreased their target price on Ball from $74.00 to $71.00 and set an “outperform” rating for the company in a report on Friday, March 20th. Finally, Morgan Stanley set a $66.00 target price on Ball in a report on Wednesday, February 4th. Nine investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $69.00.

Insiders Place Their Bets

In related news, SVP Fauze Villatoro purchased 1,551 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The shares were purchased at an average price of $64.51 per share, for a total transaction of $100,055.01. Following the transaction, the senior vice president directly owned 13,778 shares of the company’s stock, valued at approximately $888,818.78. The trade was a 12.69% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Kathleen Pitre sold 10,660 shares of the business’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $66.63, for a total value of $710,275.80. Following the completion of the transaction, the senior vice president owned 36,772 shares in the company, valued at $2,450,118.36. This trade represents a 22.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.58% of the stock is owned by corporate insiders.

Ball Stock Down 0.0%

Ball stock opened at $62.26 on Monday. The stock’s fifty day moving average is $63.00 and its two-hundred day moving average is $55.08. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.11 and a quick ratio of 0.75. Ball Corporation has a 1-year low of $44.83 and a 1-year high of $68.29. The stock has a market cap of $16.57 billion, a PE ratio of 18.75, a P/E/G ratio of 1.24 and a beta of 1.14.

Ball (NYSE:BALL) last posted its 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 business had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.11 billion. During the same quarter in the previous year, the firm earned $0.84 earnings per share. The business’s revenue was up 16.2% compared to the same quarter last year. Ball has set its FY 2026 guidance at 3.930- EPS. On average, sell-side analysts expect that Ball Corporation will post 3.48 EPS for the current fiscal year.

Ball Dividend Announcement

The firm 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. The ex-dividend date was Monday, March 2nd. This represents a $0.80 annualized dividend and a yield of 1.3%. Ball’s dividend payout ratio is 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.