Downshift Financial LLC Takes Position in Ball Corporation $BALL

Downshift Financial LLC bought a new stake in shares of Ball Corporation (NYSE:BALL) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 9,265 shares of the company’s stock, valued at approximately $491,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Corient Private Wealth LLC increased its holdings in Ball by 69.2% in the 4th quarter. Corient Private Wealth LLC now owns 65,948 shares of the company’s stock worth $3,495,000 after acquiring an additional 26,978 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in Ball by 11.2% during the fourth quarter. Hsbc Holdings PLC now owns 1,946,218 shares of the company’s stock valued at $103,178,000 after purchasing an additional 195,573 shares in the last quarter. Arwa LLC purchased a new position in Ball during the fourth quarter valued at $501,000. MidFirst Bank acquired a new stake in shares of Ball in the fourth quarter valued at about $1,869,000. Finally, DiPaolo Financial Group Inc. purchased a new stake in shares of Ball during the fourth quarter worth about $390,000. Institutional investors and hedge funds own 86.51% of the company’s stock.

Ball Stock Performance

Shares of Ball stock opened at $57.79 on Friday. Ball Corporation has a one year low of $44.83 and a one year high of $68.29. The company has a market cap of $15.39 billion, a price-to-earnings ratio of 16.70, a PEG ratio of 1.13 and a beta of 1.01. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.72 and a current ratio of 1.12. The business’s 50 day moving average price is $58.17 and its 200 day moving average price is $58.20.

Ball (NYSE:BALL) last issued its 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. Ball had a return on equity of 18.69% and a net margin of 6.86%.The company had revenue of $3.60 billion during the quarter, compared to analysts’ expectations of $3.34 billion. During the same period in the prior year, the business earned $0.76 EPS. The firm’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, research analysts predict that Ball Corporation will post 3.99 EPS for the current year.

Ball Announces Dividend

The company 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 of this dividend was 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%.

Wall Street Analyst Weigh In

BALL has been the subject of a number of research analyst reports. Raymond James Financial set a $73.00 target price on Ball and gave the company an “outperform” rating in a report on Tuesday, April 21st. Truist Financial increased their price objective on Ball from $75.00 to $77.00 and gave the company a “buy” rating in a research note 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 target price on the stock. Wells Fargo & Company increased their target price on shares of Ball from $70.00 to $71.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. 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 three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price 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.