Ball Corporation $BALL Shares Bought by Maven Securities LTD

Maven Securities LTD raised its holdings in Ball Corporation (NYSE:BALL) by 100.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 22,611 shares of the company’s stock after acquiring an additional 11,314 shares during the period. Maven Securities LTD’s holdings in Ball were worth $1,198,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. GoalVest Advisory LLC acquired a new stake in Ball in the 4th quarter valued at about $25,000. Board of the Pension Protection Fund acquired a new stake in Ball in the 4th quarter valued at about $26,000. Triumph Capital Management acquired a new stake in Ball in the 3rd quarter valued at about $26,000. Gilpin Wealth Management LLC acquired a new stake in Ball in the 4th quarter valued at about $29,000. Finally, Harbour Investments Inc. lifted its holdings in Ball by 44.1% in the 4th quarter. Harbour Investments Inc. now owns 725 shares of the company’s stock valued at $38,000 after acquiring an additional 222 shares during the last quarter. 86.51% of the stock is owned by institutional investors and hedge funds.

Ball Price Performance

BALL stock opened at $56.93 on Monday. The company has a current ratio of 1.12, a quick ratio of 0.72 and a debt-to-equity ratio of 1.25. Ball Corporation has a one year low of $44.83 and a one year high of $68.29. The firm has a market capitalization of $15.16 billion, a PE ratio of 16.45, a P/E/G ratio of 1.11 and a beta of 1.01. The firm has a 50-day moving average of $58.41 and a two-hundred day moving average of $57.97.

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

Ball Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be issued a $0.20 dividend. The ex-dividend date is Monday, June 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.4%. Ball’s dividend payout ratio is currently 23.12%.

Analyst Upgrades and Downgrades

BALL has been the subject of a number of research analyst reports. Truist Financial upped their price target on shares of Ball from $75.00 to $77.00 and gave the company a “buy” rating in a report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Ball in a research note on Wednesday, April 1st. They set a “buy” rating and a $72.00 price objective for the company. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ball in a research note on Friday, April 17th. Citigroup reduced their price objective on shares of Ball from $74.00 to $73.00 and set a “buy” rating for the company in a research note on Monday, April 13th. Finally, JPMorgan Chase & Co. raised shares of Ball from a “neutral” rating to an “overweight” rating and set a $60.00 price objective for the company in a research note on Monday, May 18th. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $69.54.

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.