ABN Amro Investment Solutions Sells 312,689 Shares of Ball Corporation $BALL

ABN Amro Investment Solutions lessened its stake in Ball Corporation (NYSE:BALL) by 40.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 466,992 shares of the company’s stock after selling 312,689 shares during the period. ABN Amro Investment Solutions owned approximately 0.17% of Ball worth $23,546,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. SJS Investment Consulting Inc. increased its stake in shares of Ball by 4,236.8% in the third quarter. SJS Investment Consulting Inc. now owns 824 shares of the company’s stock worth $42,000 after purchasing an additional 805 shares in the last quarter. MUFG Securities EMEA plc bought a new stake in shares of Ball during the second quarter valued at approximately $46,000. CYBER HORNET ETFs LLC purchased a new stake in Ball in the second quarter worth about $47,000. Hantz Financial Services Inc. raised its position in shares of Ball by 395.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,210 shares of the company’s stock worth $61,000 after acquiring an additional 966 shares in the last quarter. Finally, IFP Advisors Inc raised its stake in shares of Ball by 103.2% during the 2nd quarter. IFP Advisors Inc now owns 1,142 shares of the company’s stock worth $68,000 after acquiring an additional 580 shares in the last quarter. 86.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BALL has been the topic of several research reports. Royal Bank Of Canada reissued an “outperform” rating on shares of Ball in a research report on Wednesday, February 4th. Mizuho lifted their target price on shares of Ball from $58.00 to $70.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. JPMorgan Chase & Co. boosted their target price on shares of Ball from $50.00 to $60.00 and gave the company a “neutral” rating in a report on Wednesday, February 4th. Wells Fargo & Company boosted their target price on Ball from $60.00 to $70.00 and gave the company an “overweight” rating in a research report on Wednesday, February 4th. Finally, Bank of America raised Ball from a “neutral” rating to a “buy” rating and set a $61.00 target price for the company in a research note on Monday, November 17th. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ball currently has an average rating of “Moderate Buy” and a consensus target price of $68.46.

Ball Price Performance

Shares of NYSE:BALL opened at $67.30 on Friday. The company has a market cap of $18.04 billion, a P/E ratio of 20.27, a PEG ratio of 1.34 and a beta of 1.13. Ball Corporation has a 52 week low of $43.51 and a 52 week high of $68.29. The company has a 50-day moving average price of $55.95 and a 200 day moving average price of $52.22. The company has a quick ratio of 0.72, a current ratio of 1.11 and a debt-to-equity ratio of 1.26.

Ball (NYSE:BALL) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.01. The business had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.11 billion. Ball had a net margin of 6.93% and a return on equity of 18.10%. The business’s revenue was up 16.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.84 EPS. Ball has set its FY 2026 guidance at 3.930- EPS. Research analysts predict that Ball Corporation will post 3.48 earnings per share for the current year.

Ball Dividend Announcement

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 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 1.2%. Ball’s dividend payout ratio (DPR) is presently 24.10%.

About Ball

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.