Dimensional Fund Advisors LP Has $354.61 Million Stake in Ball Corporation $BALL

Dimensional Fund Advisors LP lifted its stake in Ball Corporation (NYSE:BALL) by 6.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,999,409 shares of the company’s stock after purchasing an additional 340,677 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Ball were worth $354,605,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in BALL. Price T Rowe Associates Inc. MD grew its position in Ball by 5.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 18,886,681 shares of the company’s stock valued at $1,000,429,000 after purchasing an additional 999,690 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its position in Ball by 3.8% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 7,225,631 shares of the company’s stock worth $382,742,000 after buying an additional 266,238 shares in the last quarter. Boston Partners lifted its position in Ball by 24.2% in the 4th quarter. Boston Partners now owns 4,739,044 shares of the company’s stock worth $251,057,000 after buying an additional 922,747 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Ball by 14.9% during the 3rd quarter. Invesco Ltd. now owns 4,651,348 shares of the company’s stock valued at $234,521,000 after buying an additional 602,137 shares during the period. Finally, Norges Bank acquired a new stake in shares of Ball during the 4th quarter valued at $178,025,000. 86.51% of the stock is currently owned by institutional investors and hedge funds.

Ball Price Performance

NYSE BALL opened at $62.60 on Wednesday. The company has a quick ratio of 0.72, a current ratio of 1.12 and a debt-to-equity ratio of 1.25. The stock has a market capitalization of $16.67 billion, a PE ratio of 18.09, a price-to-earnings-growth ratio of 1.22 and a beta of 0.98. Ball Corporation has a 12-month low of $44.83 and a 12-month high of $68.29. The company has a 50 day moving average price of $58.33 and a two-hundred day moving average price of $59.95.

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

Ball Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were issued a $0.20 dividend. The ex-dividend date was Monday, June 1st. This represents a $0.80 dividend on an annualized basis and a yield of 1.3%. Ball’s dividend payout ratio is currently 23.12%.

Analyst Ratings Changes

BALL has been the topic of a number of research reports. Truist Financial upped their price target on shares of Ball from $75.00 to $77.00 and gave the stock a “buy” rating in a research note on Wednesday, April 15th. UBS Group reduced their price objective on Ball from $66.00 to $64.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Wells Fargo & Company boosted their target price on Ball from $70.00 to $71.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Royal Bank Of Canada boosted their target price on Ball from $75.00 to $77.00 and gave the company an “outperform” rating in a research note on Thursday, July 9th. Finally, Weiss Ratings raised Ball from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 30th. Ten 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 $70.85.

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.