North Dakota State Investment Board acquired a new stake in shares of Ball Corporation (NYSE:BALL – Free Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 9,553 shares of the company’s stock, valued at approximately $506,000.
A number of other institutional investors have also recently bought and sold shares of the company. Canada Post Corp Registered Pension Plan grew its holdings in Ball by 34.0% during the fourth quarter. Canada Post Corp Registered Pension Plan now owns 5,671 shares of the company’s stock valued at $300,000 after purchasing an additional 1,440 shares during the period. Thrivent Financial for Lutherans grew its holdings in Ball by 4.8% during the fourth quarter. Thrivent Financial for Lutherans now owns 37,600 shares of the company’s stock valued at $1,992,000 after purchasing an additional 1,718 shares during the period. New York Life Investment Management LLC grew its holdings in Ball by 63.0% during the fourth quarter. New York Life Investment Management LLC now owns 60,190 shares of the company’s stock valued at $3,188,000 after purchasing an additional 23,257 shares during the period. Baader Bank Aktiengesellschaft grew its holdings in Ball by 136.1% during the fourth quarter. Baader Bank Aktiengesellschaft now owns 21,730 shares of the company’s stock valued at $1,151,000 after purchasing an additional 12,527 shares during the period. Finally, Western Wealth Management LLC grew its holdings in Ball by 3.2% during the fourth quarter. Western Wealth Management LLC now owns 6,752 shares of the company’s stock valued at $358,000 after purchasing an additional 208 shares during the period. Institutional investors and hedge funds own 86.51% of the company’s stock.
Ball Stock Performance
Shares of BALL opened at $56.40 on Friday. Ball Corporation has a 12 month low of $44.83 and a 12 month high of $68.29. The firm has a fifty day simple moving average of $60.05 and a 200 day simple moving average of $57.18. The stock has a market capitalization of $15.02 billion, a price-to-earnings ratio of 16.30, a PEG ratio of 1.11 and a beta of 1.06. The company has a current ratio of 1.12, a quick ratio of 0.72 and a debt-to-equity ratio of 1.25.
Ball Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Monday, June 1st. Ball’s dividend payout ratio is 23.12%.
Key Stories Impacting Ball
Here are the key news stories impacting Ball this week:
- Positive Sentiment: Zacks Research increased its FY2028 earnings estimate for Ball to $5.02 per share from $4.97, signaling slightly better long-term profit expectations. Ball Corporation stock page
- Positive Sentiment: Analysts also raised the Q4 2027 EPS estimate to $1.19 from $1.14, which may reinforce confidence in Ball’s earnings trajectory. Ball Corporation stock page
- Neutral Sentiment: Several near- and medium-term estimates were trimmed, including Q2 2026, Q3 2026, Q4 2026, Q1 2027, and Q2 2027 EPS forecasts, which suggests only mixed revisions for the next few quarters. Ball Corporation stock page
- Neutral Sentiment: The current full-year consensus earnings estimate remains $3.99 per share, so the market is still waiting for Ball to show whether it can meet or exceed that outlook. Ball Corporation stock page
Insider Buying and Selling at Ball
In other Ball news, SVP Kathleen Pitre sold 10,660 shares of the company’s 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 sale, the senior vice president directly owned 36,772 shares of the company’s stock, valued at approximately $2,450,118.36. This represents a 22.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Fauze Villatoro purchased 1,551 shares of the company’s stock in a transaction on Wednesday, March 4th. The shares were purchased at an average cost 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 of the company’s stock, valued at approximately $888,818.78. This represents a 12.69% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.58% of the company’s stock.
Analyst Upgrades and Downgrades
BALL has been the subject of a number of analyst reports. UBS Group decreased their price objective on shares of Ball from $66.00 to $64.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft began coverage on shares of Ball in a report on Wednesday, April 1st. They issued a “buy” rating and a $72.00 price target for the company. Morgan Stanley set a $66.00 price target on shares of Ball in a report on Wednesday, February 4th. Wells Fargo & Company upped their price target on shares of Ball from $70.00 to $71.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Finally, Raymond James Financial set a $73.00 price target on shares of Ball and gave the company an “outperform” rating in a report on Tuesday, April 21st. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Ball presently has a consensus rating of “Moderate Buy” and an average price target of $69.54.
Get Our Latest Analysis on Ball
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.
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