Global Financial Private Client LLC Acquires New Position in Ball Corporation $BALL

Global Financial Private Client LLC acquired a new stake in shares of Ball Corporation (NYSE:BALL) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 8,684 shares of the company’s stock, valued at approximately $513,000.

A number of other large investors also recently bought and sold shares of the company. GoalVest Advisory LLC bought a new stake in shares of Ball in the 4th quarter valued at approximately $25,000. Board of the Pension Protection Fund acquired a new stake in shares of Ball during the 4th quarter valued at approximately $26,000. Triumph Capital Management bought a new position in Ball during the third quarter worth $26,000. Gilpin Wealth Management LLC bought a new position in Ball during the fourth quarter worth $29,000. Finally, Harbour Investments Inc. boosted its holdings in Ball by 44.1% in the fourth quarter. Harbour Investments Inc. now owns 725 shares of the company’s stock worth $38,000 after purchasing an additional 222 shares during the period. Institutional investors own 86.51% of the company’s stock.

More Ball News

Here are the key news stories impacting Ball this week:

• Positive Sentiment: Ball shares were highlighted in a new article as a strong value stock, with the company’s market price still below a cited GF Value estimate, which can support buying interest from value-focused investors. Article Title
• Positive Sentiment: A market recap noted Ball Corp. rose recently and continued to trade near a favorable valuation range, reinforcing the idea that the stock may still have room to re-rate if investors keep rewarding cheaper industrial names. Article Title
• Neutral Sentiment: Several other “ball” headlines were unrelated to Ball Corporation, including stories about soccer balls, a NASA World Cup ball, and Dragon Ball entertainment news, so they are unlikely to affect BALL shares.

Wall Street Analysts Forecast Growth

BALL has been the subject of several recent research reports. Raymond James Financial set a $73.00 target price on shares of Ball and gave the company an “outperform” rating in a research note on Tuesday, April 21st. UBS Group reduced their price target on shares of Ball from $66.00 to $64.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Citigroup decreased their price target on shares of Ball from $74.00 to $73.00 and set a “buy” rating for the company in a report on Monday, April 13th. Weiss Ratings downgraded shares of Ball from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. Finally, JPMorgan Chase & Co. upgraded shares of Ball from a “neutral” rating to an “overweight” rating and set a $60.00 price objective on the stock in a research note on Monday, May 18th. Ten equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $69.54.

Ball Price Performance

Shares of NYSE BALL opened at $60.92 on Thursday. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.12 and a quick ratio of 0.72. The firm has a market capitalization of $16.22 billion, a PE ratio of 17.61, a P/E/G ratio of 1.18 and a beta of 1.01. 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 $57.99 and its two-hundred day moving average price is $58.51.

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

Ball Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Monday, June 1st. Ball’s payout ratio is presently 23.12%.

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.