AIA Group Ltd Makes New $618,000 Investment in Ball Corporation $BALL

AIA Group Ltd bought a new position in shares of Ball Corporation (NYSE:BALL) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 12,260 shares of the company’s stock, valued at approximately $618,000.

Several other hedge funds also recently made changes to their positions in BALL. Triumph Capital Management acquired a new position in Ball in the 3rd quarter valued at $26,000. SJS Investment Consulting Inc. increased its position 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 during the period. MUFG Securities EMEA plc acquired a new position in Ball in the second quarter valued at about $46,000. CYBER HORNET ETFs LLC acquired a new position in Ball in the second quarter valued at about $47,000. Finally, Stance Capital LLC bought a new stake in Ball during the third quarter worth about $48,000. 86.51% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently issued reports on BALL. Truist Financial lifted their price objective on shares of Ball from $69.00 to $75.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. UBS Group restated a “neutral” rating and set a $66.00 target price on shares of Ball in a research note on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ball in a report on Monday, December 29th. Wells Fargo & Company lifted their price target on Ball from $60.00 to $70.00 and gave the company an “overweight” rating in a research note on Wednesday, February 4th. Finally, Morgan Stanley set a $66.00 price target on 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 company. According to MarketBeat, Ball has a consensus rating of “Moderate Buy” and an average target price of $68.77.

Ball Price Performance

Ball stock opened at $57.01 on Friday. The company has a current ratio of 1.11, a quick ratio of 0.75 and a debt-to-equity ratio of 1.29. The company has a market capitalization of $15.17 billion, a PE ratio of 17.17, a P/E/G ratio of 1.14 and a beta of 1.10. Ball Corporation has a 12 month low of $43.51 and a 12 month high of $68.29. The stock has a 50-day moving average price of $61.86 and a two-hundred day moving average price of $53.97.

Ball (NYSE:BALL) last issued its quarterly earnings data 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 analyst estimates of $3.11 billion. Ball had a net margin of 6.93% and a return on equity of 18.12%. The firm’s quarterly revenue was up 16.2% on a year-over-year basis. During the same quarter last year, the business earned $0.84 EPS. Ball has set its FY 2026 guidance at 3.930- EPS. Analysts expect that Ball Corporation will post 3.48 EPS for the current year.

Ball Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.20 per share. The ex-dividend date was Monday, March 2nd. This represents a $0.80 annualized dividend and a yield of 1.4%. Ball’s dividend payout ratio (DPR) is presently 24.10%.

Insider Activity at Ball

In related news, SVP Kathleen Pitre sold 10,660 shares of Ball stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $66.63, for a total transaction of $710,275.80. Following the completion of the transaction, the senior vice president owned 36,772 shares of the company’s stock, valued at $2,450,118.36. This trade represents a 22.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Fauze Villatoro bought 1,551 shares of the company’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 acquisition, the senior vice president owned 13,778 shares of the company’s stock, valued at $888,818.78. This trade represents a 12.69% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.81% of the stock is currently owned by company insiders.

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.