CHICAGO TRUST Co NA Sells 12,350 Shares of Ball Corporation $BALL

CHICAGO TRUST Co NA decreased its position in Ball Corporation (NYSE:BALL) by 70.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,189 shares of the company’s stock after selling 12,350 shares during the period. CHICAGO TRUST Co NA’s holdings in Ball were worth $307,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of BALL. GoalVest Advisory LLC bought a new stake in Ball during the 4th quarter valued at $25,000. Board of the Pension Protection Fund purchased a new stake in shares of Ball in the 4th quarter worth $26,000. Triumph Capital Management bought a new position in shares of Ball during the 3rd quarter worth $26,000. Gilpin Wealth Management LLC bought a new position in shares of Ball during the 4th quarter worth $29,000. Finally, Harbour Investments Inc. increased its stake in shares of Ball by 44.1% during the fourth quarter. Harbour Investments Inc. now owns 725 shares of the company’s stock valued at $38,000 after buying an additional 222 shares during the period. Institutional investors own 86.51% of the company’s stock.

Ball Stock Performance

BALL stock opened at $63.35 on Friday. The firm has a market cap of $16.87 billion, a price-to-earnings ratio of 18.31, a PEG ratio of 1.20 and a beta of 0.98. The firm has a 50-day simple moving average of $57.82 and a two-hundred day simple moving average of $59.08. Ball Corporation has a one year low of $44.83 and a one year high of $68.29. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.72 and a current ratio of 1.12.

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

Ball Announces Dividend

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

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft started coverage on Ball in a report on Wednesday, April 1st. They issued a “buy” rating and a $72.00 price objective for the company. Raymond James Financial set a $73.00 target price on shares of Ball and gave the company an “outperform” rating in a research report on Tuesday, April 21st. Weiss Ratings upgraded shares of Ball from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday. JPMorgan Chase & Co. raised shares of Ball from a “neutral” rating to an “overweight” rating and set a $60.00 price target for the company in a research report on Monday, May 18th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Ball in a research note on Friday, April 17th. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $69.54.

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.