Ball Corporation to Issue Quarterly Dividend of $0.20 (NYSE:BALL)

Ball Corporation (NYSE:BALL) announced a quarterly dividend on Wednesday, July 29th. Stockholders of record on Tuesday, September 1st will be given a dividend of 0.20 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Tuesday, September 1st.

Ball has increased its dividend payment by an average of 0.1%per year over the last three years. Ball has a dividend payout ratio of 20.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Ball to earn $4.54 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 17.6%.

Ball Stock Performance

Shares of BALL stock opened at $65.84 on Thursday. Ball has a one year low of $44.83 and a one year high of $68.29. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.72 and a current ratio of 1.12. The company’s 50-day moving average is $59.33 and its 200 day moving average is $60.40. The company has a market capitalization of $17.53 billion, a price-to-earnings ratio of 19.03, a price-to-earnings-growth ratio of 1.32 and a beta of 0.98.

Ball (NYSE:BALL) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.85 by $0.09. The firm had revenue of $3.60 billion during the quarter, compared to analyst estimates of $3.34 billion. Ball had a return on equity of 18.69% and a net margin of 6.86%.Ball’s revenue was up 16.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.76 EPS. Ball has set its FY 2026 guidance at 3.930- EPS. Sell-side analysts expect that Ball will post 3.99 EPS for the current fiscal year.

Institutional Investors Weigh In On Ball

Several institutional investors have recently bought and sold shares of BALL. Triumph Capital Management purchased a new position in Ball in the third quarter worth $26,000. Basecamp Wealth Advisors LLC grew its stake in Ball by 135.0% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 477 shares of the company’s stock worth $28,000 after buying an additional 274 shares during the last quarter. Gilpin Wealth Management LLC acquired a new position in Ball during the 4th quarter valued at about $29,000. Harbour Investments Inc. raised its stake 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 buying an additional 222 shares during the last quarter. Finally, Trust Co. of Vermont boosted its holdings in Ball by 297.0% in the fourth quarter. Trust Co. of Vermont now owns 802 shares of the company’s stock worth $42,000 after acquiring an additional 600 shares in the last quarter. 86.51% of the stock is currently owned by institutional investors and hedge funds.

Ball Company 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.