Caprock Group LLC Purchases Shares of 22,636 Ball Corporation $BALL

Caprock Group LLC bought a new stake in Ball Corporation (NYSE:BALL) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 22,636 shares of the company’s stock, valued at approximately $1,192,000.

A number of other institutional investors have also recently bought and sold shares of the business. SJS Investment Consulting Inc. boosted its stake in shares of Ball by 4,236.8% during the 3rd quarter. SJS Investment Consulting Inc. now owns 824 shares of the company’s stock worth $42,000 after acquiring an additional 805 shares during the period. MUFG Securities EMEA plc bought a new position in Ball during the second quarter worth $46,000. CYBER HORNET ETFs LLC acquired a new position in shares of Ball in the second quarter valued at $47,000. Hantz Financial Services Inc. raised its position in shares of Ball by 395.9% in the third quarter. Hantz Financial Services Inc. now owns 1,210 shares of the company’s stock valued at $61,000 after purchasing an additional 966 shares during the period. Finally, IFP Advisors Inc lifted 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 buying an additional 580 shares during the last quarter. Institutional investors and hedge funds own 86.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on BALL. Wells Fargo & Company raised their price objective on shares of Ball from $60.00 to $70.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ball in a report on Monday, December 29th. 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 report on Monday, November 17th. Mizuho upped their price target on shares of Ball from $58.00 to $70.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Ball 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 stock. According to data from MarketBeat, Ball has an average rating of “Moderate Buy” and a consensus price target of $68.46.

Ball Trading Up 0.9%

NYSE BALL opened at $67.30 on Friday. The stock has a market capitalization of $18.04 billion, a P/E ratio of 20.27, a P/E/G ratio of 1.34 and a beta of 1.13. The business has a 50 day simple moving average of $55.95 and a 200 day simple moving average of $52.22. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.11 and a quick ratio of 0.72. Ball Corporation has a one year low of $43.51 and a one year high of $68.29.

Ball (NYSE:BALL) last released 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 company had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.11 billion. Ball had a net margin of 6.93% and a return on equity of 18.10%. Ball’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.84 EPS. 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 Announces Dividend

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 given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Monday, March 2nd. Ball’s payout ratio is presently 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.