Ball (NYSE:BALL) Now Covered by Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft began coverage on shares of Ball (NYSE:BALL) in a research note released on Wednesday morning, MarketBeat Ratings reports. The firm issued a buy rating and a $72.00 price objective on the stock.

BALL has been the topic of a number of other research reports. Mizuho lifted their price objective on shares of Ball from $58.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. Jefferies Financial Group raised their target price on shares of Ball from $64.00 to $71.00 and gave the company a “buy” rating 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. Robert W. Baird set a $75.00 price target on Ball in a research report on Wednesday, February 4th. Finally, JPMorgan Chase & Co. increased their price objective on Ball from $50.00 to $60.00 and gave the company a “neutral” rating in a report on Wednesday, February 4th. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Ball presently has an average rating of “Moderate Buy” and an average target price of $69.00.

Ball Trading Up 2.3%

Shares of NYSE BALL opened at $60.49 on Wednesday. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.11 and a quick ratio of 0.75. The stock has a market capitalization of $16.10 billion, a P/E ratio of 18.22, a price-to-earnings-growth ratio of 1.18 and a beta of 1.14. Ball has a 1-year low of $43.51 and a 1-year high of $68.29. The business has a fifty day moving average price of $62.43 and a 200 day moving average price of $54.46.

Ball (NYSE:BALL) last posted its earnings results on Tuesday, February 3rd. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.01. The company had revenue of $3.35 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.84 earnings per share. Ball has set its FY 2026 guidance at 3.930- EPS. Equities research analysts expect that Ball will post 3.48 EPS for the current fiscal year.

Ball Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were issued a $0.20 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.3%. Ball’s dividend payout ratio is currently 24.10%.

Insider Activity

In other news, SVP Fauze Villatoro bought 1,551 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The shares were purchased at an average price of $64.51 per share, for a total transaction of $100,055.01. Following the completion of the transaction, the senior vice president directly owned 13,778 shares in the company, valued at approximately $888,818.78. This represents a 12.69% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Kathleen Pitre sold 10,660 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was 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 in the company, valued at approximately $2,450,118.36. This trade represents a 22.47% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.81% of the company’s stock.

Hedge Funds Weigh In On Ball

Institutional investors have recently bought and sold shares of the business. Meridian Wealth Management LLC boosted its holdings in shares of Ball by 2.7% in the 4th quarter. Meridian Wealth Management LLC now owns 6,295 shares of the company’s stock valued at $333,000 after acquiring an additional 165 shares during the last quarter. Western Wealth Management LLC raised its holdings in shares of Ball by 3.2% during the fourth quarter. Western Wealth Management LLC now owns 6,752 shares of the company’s stock worth $358,000 after purchasing an additional 208 shares during the last quarter. True Wealth Design LLC lifted its position in Ball by 17.6% during the third quarter. True Wealth Design LLC now owns 1,438 shares of the company’s stock valued at $73,000 after purchasing an additional 215 shares during the period. Harbour Investments Inc. boosted its holdings in Ball by 44.1% in the fourth quarter. Harbour Investments Inc. now owns 725 shares of the company’s stock valued at $38,000 after purchasing an additional 222 shares during the last quarter. Finally, Independent Advisor Alliance boosted its holdings in Ball by 2.7% in the third quarter. Independent Advisor Alliance now owns 9,470 shares of the company’s stock valued at $477,000 after purchasing an additional 246 shares during the last quarter. 86.51% of the stock is owned by hedge funds and other institutional investors.

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.