Ball (NYSE:BALL) SVP Sells $358,938.80 in Stock

Ball Corporation (NYSE:BALL) SVP Mandy Glew sold 5,626 shares of the business’s stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $63.80, for a total transaction of $358,938.80. Following the transaction, the senior vice president owned 7,209 shares of the company’s stock, valued at approximately $459,934.20. This represents a 43.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Ball Trading Down 0.0%

BALL traded down $0.02 during mid-day trading on Wednesday, hitting $64.06. The stock had a trading volume of 1,050,652 shares, compared to its average volume of 2,416,711. The stock’s fifty day simple moving average is $62.48 and its 200-day simple moving average is $61.21. 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 $16.96 billion, a price-to-earnings ratio of 18.15, a price-to-earnings-growth ratio of 1.24 and a beta of 0.98. Ball Corporation has a 1-year low of $44.83 and a 1-year high of $68.29.

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 analyst estimates of $3.69 billion. Ball had a net margin of 6.61% and a return on equity of 18.76%. The firm’s revenue was up 19.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.90 EPS. Ball has set its FY 2026 guidance at 3.930- EPS. As a group, research analysts forecast that Ball Corporation will post 4.01 EPS for the current fiscal year.

Ball Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.2%. Ball’s dividend payout ratio (DPR) is currently 22.66%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Mizuho set a $72.00 price objective on Ball in a research report on Wednesday, August 5th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $65.00 price objective (up from $60.00) on shares of Ball in a research report on Wednesday, August 5th. Weiss Ratings upgraded shares of Ball from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 30th. UBS Group boosted their price objective on shares of Ball from $65.00 to $66.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Finally, Wells Fargo & Company upped their target price on shares of Ball from $71.00 to $72.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Eight research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Ball has a consensus rating of “Moderate Buy” and an average price target of $71.69.

Institutional Investors Weigh In On Ball

Several institutional investors have recently bought and sold shares of BALL. Independent Advisor Alliance increased its holdings in shares of Ball by 276.5% in the fourth quarter. Independent Advisor Alliance now owns 35,654 shares of the company’s stock valued at $1,889,000 after purchasing an additional 26,184 shares during the last quarter. Mizuho Markets Cayman LP acquired a new stake in shares of Ball during the 4th quarter worth about $26,485,000. International Assets Investment Management LLC bought a new stake in shares of Ball during the 4th quarter worth about $4,349,000. Swiss Life Asset Management Ltd boosted its holdings in shares of Ball by 70.0% during the 4th quarter. Swiss Life Asset Management Ltd now owns 86,787 shares of the company’s stock worth $4,597,000 after buying an additional 35,749 shares during the period. Finally, New York Life Investment Management LLC grew its stake in Ball by 63.0% in the 4th quarter. New York Life Investment Management LLC now owns 60,190 shares of the company’s stock valued at $3,188,000 after buying an additional 23,257 shares during the last quarter. Institutional investors own 86.51% of the company’s stock.

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.