Inscription Capital LLC Increases Position in Ball Corporation $BALL

Inscription Capital LLC raised its position in Ball Corporation (NYSE:BALL) by 157.5% during the fourth quarter, HoldingsChannel reports. The firm owned 18,138 shares of the company’s stock after buying an additional 11,094 shares during the quarter. Inscription Capital LLC’s holdings in Ball were worth $961,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Simon Quick Advisors LLC increased its position in shares of Ball by 9.5% in the 4th quarter. Simon Quick Advisors LLC now owns 22,821 shares of the company’s stock valued at $1,209,000 after purchasing an additional 1,977 shares during the last quarter. Concurrent Investment Advisors LLC purchased a new stake in shares of Ball in the 4th quarter valued at approximately $255,000. Chicago Partners Investment Group LLC increased its position in shares of Ball by 76.2% in the 4th quarter. Chicago Partners Investment Group LLC now owns 8,561 shares of the company’s stock valued at $491,000 after purchasing an additional 3,702 shares during the last quarter. B. Metzler seel. Sohn & Co. AG increased its position in shares of Ball by 8.3% in the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 8,263 shares of the company’s stock valued at $438,000 after purchasing an additional 636 shares during the last quarter. Finally, Teacher Retirement System of Texas increased its position in shares of Ball by 58.7% in the 4th quarter. Teacher Retirement System of Texas now owns 262,973 shares of the company’s stock valued at $13,930,000 after purchasing an additional 97,264 shares during the last quarter. 86.51% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, SVP Kathleen Pitre sold 10,660 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $66.63, for a total value of $710,275.80. Following the completion of the transaction, the senior vice president directly owned 36,772 shares of the company’s stock, valued at $2,450,118.36. This trade represents a 22.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Fauze Villatoro acquired 1,551 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was purchased at an average cost of $64.51 per share, with a total value 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 represents a 12.69% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on BALL. Robert W. Baird set a $75.00 price objective on shares of Ball in a research report on Wednesday, February 4th. Raymond James Financial set a $73.00 price objective on shares of Ball and gave the stock an “outperform” rating in a research report on Tuesday, April 21st. Morgan Stanley set a $66.00 price objective on shares of Ball in a research report on Wednesday, February 4th. Royal Bank Of Canada restated an “outperform” rating on shares of Ball in a research report on Friday, April 17th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Ball in a research report on Monday, December 29th. Ten equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $69.33.

Ball Stock Down 0.4%

Shares of Ball stock opened at $61.11 on Tuesday. The company has a market cap of $16.26 billion, a P/E ratio of 18.41, a PEG ratio of 1.22 and a beta of 1.14. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.75 and a current ratio of 1.11. Ball Corporation has a one year low of $44.83 and a one year high of $68.29. The firm has a fifty day moving average of $62.47 and a two-hundred day moving average of $56.13.

Ball (NYSE:BALL) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.01. Ball had a return on equity of 18.12% and a net margin of 6.93%.The firm had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.11 billion. During the same period in the previous year, the business earned $0.84 earnings per share. The company’s revenue for the quarter was up 16.2% compared to the same quarter last year. Ball has set its FY 2026 guidance at 3.930- EPS. On average, analysts forecast that Ball Corporation will post 3.95 earnings per share for the current year.

Ball Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were paid a $0.20 dividend. The ex-dividend date was Monday, March 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.3%. Ball’s payout ratio is 24.10%.

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.