Callan Family Office LLC Purchases New Position in Ball Corporation $BALL

Callan Family Office LLC purchased a new position in Ball Corporation (NYSE:BALL) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 7,883 shares of the company’s stock, valued at approximately $492,000.

Several other large investors also recently added to or reduced their stakes in BALL. Brighton Jones LLC increased its position in shares of Ball by 41.2% during the 4th quarter. Brighton Jones LLC now owns 5,245 shares of the company’s stock valued at $289,000 after purchasing an additional 1,531 shares during the last quarter. AQR Capital Management LLC raised its holdings in Ball by 402.8% during the 1st quarter. AQR Capital Management LLC now owns 83,995 shares of the company’s stock valued at $4,356,000 after buying an additional 67,289 shares during the period. Empowered Funds LLC lifted its position in Ball by 10.6% in the first quarter. Empowered Funds LLC now owns 6,167 shares of the company’s stock worth $321,000 after buying an additional 590 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in Ball in the second quarter worth $453,000. Finally, Jump Financial LLC purchased a new position in Ball during the second quarter worth $696,000. 86.51% of the stock is owned by institutional investors.

Ball Price Performance

Ball stock opened at $64.16 on Wednesday. The stock has a market cap of $16.98 billion, a price-to-earnings ratio of 18.17, a price-to-earnings-growth ratio of 1.24 and a beta of 0.98. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.07 and a quick ratio of 0.66. Ball Corporation has a 1 year low of $44.83 and a 1 year high of $68.29. The firm has a 50-day moving average of $62.35 and a two-hundred day moving average of $61.23.

Ball (NYSE:BALL) last issued its earnings results on Tuesday, August 4th. The company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.04. Ball had a net margin of 6.61% and a return on equity of 18.76%. The business had revenue of $4 billion for the quarter, compared to analyst estimates of $3.69 billion. During the same period last year, the company posted $0.90 earnings per share. The company’s quarterly revenue was up 19.7% compared to the same quarter last year. Ball has set its FY 2026 guidance at 3.930- EPS. On average, research analysts forecast that Ball Corporation will post 4.01 earnings per share 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 paid a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.80 annualized dividend and a yield of 1.2%. Ball’s dividend payout ratio is 22.66%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on BALL. 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. Citigroup cut shares of Ball from a “buy” rating to a “reduce” rating in a research note on Wednesday, August 5th. Truist Financial set a $78.00 price objective on shares of Ball in a research report on Wednesday, August 5th. Mizuho set a $72.00 price objective on shares of Ball in a research note on Wednesday, August 5th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a $65.00 target price (up from $60.00) on shares of Ball in a research report on Wednesday, August 5th. Eight analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $71.69.

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.