61,278 Shares in Ball Corporation $BALL Purchased by Sciencast Management LP

Sciencast Management LP acquired a new stake in Ball Corporation (NYSE:BALL) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 61,278 shares of the company’s stock, valued at approximately $3,824,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC increased its holdings in shares of Ball by 41.2% in the 4th quarter. Brighton Jones LLC now owns 5,245 shares of the company’s stock valued at $289,000 after acquiring an additional 1,531 shares during the last quarter. AQR Capital Management LLC lifted its stake in Ball by 402.8% during the first quarter. AQR Capital Management LLC now owns 83,995 shares of the company’s stock worth $4,356,000 after purchasing an additional 67,289 shares during the last quarter. Empowered Funds LLC lifted its stake in Ball by 10.6% during the first quarter. Empowered Funds LLC now owns 6,167 shares of the company’s stock worth $321,000 after purchasing an additional 590 shares during the last quarter. Sivia Capital Partners LLC bought a new position in Ball during the second quarter worth $453,000. Finally, Jump Financial LLC acquired a new position in Ball in the second quarter worth $696,000. Institutional investors and hedge funds own 86.51% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on BALL. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $65.00 target price (up from $60.00) on shares of Ball in a research note on Wednesday, August 5th. Bank of America raised their price target on shares of Ball from $70.00 to $73.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. UBS Group lifted their price target on shares of Ball from $65.00 to $66.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Raymond James Financial set a $73.00 price objective on shares of Ball and gave the company an “outperform” rating in a research report on Tuesday, April 21st. Finally, Mizuho set a $72.00 price objective on shares of Ball in a research note on Wednesday, August 5th. Eight analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Ball has an average rating of “Moderate Buy” and an average target price of $71.69.

Ball Price Performance

Shares of NYSE BALL opened at $61.91 on Friday. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.07 and a quick ratio of 0.66. The firm has a market capitalization of $16.39 billion, a PE ratio of 17.54, a P/E/G ratio of 1.19 and a beta of 0.98. Ball Corporation has a 1-year low of $44.83 and a 1-year high of $68.29. The business’s fifty day moving average price is $61.17 and its two-hundred day moving average price is $60.98.

Ball (NYSE:BALL) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.04. The company had revenue of $4 billion during the quarter, compared to the consensus estimate of $3.69 billion. Ball had a net margin of 6.61% and a return on equity of 18.76%. The company’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.90 earnings per share. Ball has set its FY 2026 guidance at 3.930- EPS. On average, research analysts expect that Ball Corporation will post 4.02 EPS for the current year.

Ball Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be given a $0.20 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $0.80 annualized dividend and a yield of 1.3%. Ball’s dividend payout ratio (DPR) is currently 22.66%.

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.