Ball Corporation $BALL Shares Sold by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT reduced its position in Ball Corporation (NYSE:BALL) by 96.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,975 shares of the company’s stock after selling 783,323 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Ball were worth $1,511,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. North Star Asset Management Inc. raised its position in Ball by 1.6% during the third quarter. North Star Asset Management Inc. now owns 189,333 shares of the company’s stock worth $9,546,000 after acquiring an additional 3,020 shares during the last quarter. Mufg Securities Americas Inc. increased its stake in shares of Ball by 19.4% during the 3rd quarter. Mufg Securities Americas Inc. now owns 7,339 shares of the company’s stock worth $370,000 after purchasing an additional 1,191 shares in the last quarter. Inspire Trust Co. N.A. raised its position in shares of Ball by 22.0% during the 3rd quarter. Inspire Trust Co. N.A. now owns 72,000 shares of the company’s stock worth $3,630,000 after purchasing an additional 13,000 shares during the last quarter. Citigroup Inc. raised its position in shares of Ball by 9.8% during the 3rd quarter. Citigroup Inc. now owns 216,061 shares of the company’s stock worth $10,894,000 after purchasing an additional 19,241 shares during the last quarter. Finally, Clear Creek Financial Management LLC purchased a new stake in Ball in the 3rd quarter valued at approximately $241,000. 86.51% of the stock is owned by institutional investors and hedge funds.

Ball Trading Up 0.8%

Shares of BALL stock opened at $66.58 on Friday. Ball Corporation has a fifty-two week low of $43.51 and a fifty-two week high of $68.29. The firm’s 50 day moving average price is $58.92 and its two-hundred day moving average price is $52.93. The stock has a market cap of $17.72 billion, a price-to-earnings ratio of 20.05, a price-to-earnings-growth ratio of 1.31 and a beta of 1.13. 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 (NYSE:BALL) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.01. The company had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.11 billion. Ball had a return on equity of 18.12% and a net margin of 6.93%.The firm’s quarterly revenue was up 16.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.84 earnings per share. Ball has set its FY 2026 guidance at 3.930- EPS. On average, analysts anticipate that Ball Corporation will post 3.48 EPS for the current year.

Ball Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Monday, March 2nd. Ball’s payout ratio is 24.10%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on BALL shares. Jefferies Financial Group upped their price objective on Ball from $64.00 to $71.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Wells Fargo & Company boosted their target price on shares of Ball from $60.00 to $70.00 and gave the company an “overweight” rating in a research note on Wednesday, February 4th. Citigroup raised their price target on shares of Ball from $67.00 to $74.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Robert W. Baird set a $75.00 price target on shares of Ball in a report on Wednesday, February 4th. Finally, Mizuho upped their price objective 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. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.46.

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.