Welch Financial Planning LLC Makes New Investment in Ball Corporation $BALL

Welch Financial Planning LLC acquired a new position in shares of Ball Corporation (NYSE:BALL) in the 4th quarter, Holdings Channel reports. The fund acquired 9,683 shares of the company’s stock, valued at approximately $513,000.

Other large investors have also modified their holdings of the company. AQR Capital Management LLC grew its position in shares of Ball by 1,465.3% in the 2nd quarter. AQR Capital Management LLC now owns 1,314,786 shares of the company’s stock valued at $73,746,000 after buying an additional 1,230,791 shares during the last quarter. Man Group plc lifted its position in Ball by 141.3% in the third quarter. Man Group plc now owns 1,248,500 shares of the company’s stock valued at $62,949,000 after acquiring an additional 731,076 shares during the last quarter. Bank of America Corp DE boosted its stake in Ball by 55.1% in the second quarter. Bank of America Corp DE now owns 2,055,094 shares of the company’s stock valued at $115,270,000 after acquiring an additional 730,462 shares in the last quarter. Invesco Ltd. boosted its stake in Ball by 14.9% in the third quarter. Invesco Ltd. now owns 4,651,348 shares of the company’s stock valued at $234,521,000 after acquiring an additional 602,137 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Ball by 13.5% during the third quarter. Dimensional Fund Advisors LP now owns 3,828,298 shares of the company’s stock worth $193,003,000 after purchasing an additional 455,089 shares during the last quarter. Institutional investors and hedge funds own 86.51% of the company’s stock.

Ball Stock Performance

NYSE BALL opened at $60.96 on Tuesday. The firm has a market cap of $16.23 billion, a P/E ratio of 18.36, a P/E/G ratio of 1.22 and a beta of 1.06. Ball Corporation has a 52-week low of $44.83 and a 52-week high of $68.29. The business’s 50-day moving average price is $62.16 and its 200 day moving average price is $56.42. The company has a quick ratio of 0.75, a current ratio of 1.11 and a debt-to-equity ratio of 1.29.

Ball (NYSE:BALL) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.85 by $0.09. Ball had a return on equity of 18.12% and a net margin of 6.93%.The firm had revenue of $3.60 billion during the quarter, compared to the consensus estimate of $3.34 billion. During the same period in the prior year, the business earned $0.76 EPS. The firm’s revenue was up 16.3% compared to the same quarter last year. Ball has set its FY 2026 guidance at 3.930- EPS. On average, equities research analysts expect that Ball Corporation will post 3.95 earnings per share for the current year.

Ball Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Monday, June 1st. Ball’s dividend payout ratio is 24.10%.

Analysts Set New Price Targets

Several research firms have recently weighed in on BALL. Morgan Stanley set a $66.00 target price on Ball in a report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft began coverage on Ball in a research note on Wednesday, April 1st. They set a “buy” rating and a $72.00 price target on the stock. Robert W. Baird set a $75.00 price objective on Ball in a research note on Wednesday, February 4th. Raymond James Financial set a $73.00 price objective on Ball and gave the company an “outperform” rating in a report on Tuesday, April 21st. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Ball in a research report on Friday, April 17th. Ten analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ball currently has a consensus rating of “Moderate Buy” and a consensus price target of $69.33.

Insider Buying and Selling at Ball

In related news, SVP Kathleen Pitre sold 10,660 shares of Ball stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $66.63, for a total value of $710,275.80. Following the transaction, the senior vice president directly owned 36,772 shares in the company, valued at $2,450,118.36. This trade represents a 22.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Fauze Villatoro acquired 1,551 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was purchased at an average cost of $64.51 per share, for a total transaction of $100,055.01. Following the completion of the purchase, the senior vice president directly owned 13,778 shares in the company, valued at $888,818.78. This trade represents a 12.69% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.58% of the stock is owned by company insiders.

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.