Ball Corporation $BALL Shares Purchased by Broyhill Asset Management LLC

Broyhill Asset Management LLC increased its position in Ball Corporation (NYSE:BALL) by 15.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,393 shares of the company’s stock after acquiring an additional 8,145 shares during the period. Ball makes up about 2.7% of Broyhill Asset Management LLC’s investment portfolio, making the stock its 11th biggest position. Broyhill Asset Management LLC’s holdings in Ball were worth $3,095,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. 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 purchasing an additional 805 shares during the last quarter. MUFG Securities EMEA plc acquired a new position in shares of Ball in the 2nd quarter valued at about $46,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Ball in the second quarter worth $47,000. Hantz Financial Services Inc. lifted its stake in shares of Ball by 395.9% during the third quarter. Hantz Financial Services Inc. now owns 1,210 shares of the company’s stock worth $61,000 after purchasing an additional 966 shares in the last quarter. Finally, True Wealth Design LLC grew its position in Ball by 17.6% in the third quarter. True Wealth Design LLC now owns 1,438 shares of the company’s stock valued at $73,000 after acquiring an additional 215 shares in the last quarter. 86.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Ball

In other news, SVP Fauze Villatoro acquired 1,551 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was purchased at an average price of $64.51 per share, for a total transaction of $100,055.01. Following the completion of the acquisition, the senior vice president owned 13,778 shares in the company, valued at $888,818.78. This trade represents a 12.69% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Kathleen Pitre sold 10,660 shares of Ball stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $66.63, for a total value of $710,275.80. Following the transaction, the senior vice president owned 36,772 shares in the company, valued at approximately $2,450,118.36. This represents a 22.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.81% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Mizuho boosted their price target on Ball from $58.00 to $70.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. Citigroup raised their price target on Ball from $67.00 to $74.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. UBS Group restated a “neutral” rating and issued a $66.00 target price on shares of Ball in a research report on Wednesday, February 4th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ball in a report on Wednesday, February 4th. Finally, Jefferies Financial Group lifted their price objective on shares of Ball from $64.00 to $71.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Eight research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $68.46.

Ball Price Performance

NYSE:BALL opened at $62.20 on Friday. Ball Corporation has a one year low of $43.51 and a one year high of $68.29. The stock has a market cap of $16.55 billion, a P/E ratio of 18.74, a PEG ratio of 1.23 and a beta of 1.10. The company has a fifty day moving average price of $61.31 and a 200 day moving average price of $53.69. 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 (NYSE:BALL) last announced its quarterly 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. The firm had revenue of $3.35 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter last year, the company earned $0.84 earnings per share. Ball has set its FY 2026 guidance at 3.930- EPS. Analysts anticipate that Ball Corporation will post 3.48 earnings per share for the current year.

Ball Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Monday, March 2nd. Ball’s payout ratio is currently 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.