176,107 Shares in Ball Corporation $BALL Acquired by United Capital Financial Advisors LLC

United Capital Financial Advisors LLC bought a new position in shares of Ball Corporation (NYSE:BALL) in the second quarter, Holdings Channel reports. The fund bought 176,107 shares of the company’s stock, valued at approximately $10,989,000.

Several other institutional investors also recently modified their holdings of BALL. Triumph Capital Management acquired a new stake in shares of Ball during the 3rd quarter valued at $26,000. Basecamp Wealth Advisors LLC grew its holdings in shares of Ball by 135.0% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 477 shares of the company’s stock worth $28,000 after acquiring an additional 274 shares during the last quarter. Gilpin Wealth Management LLC acquired a new stake in shares of Ball during the fourth quarter worth $29,000. Ancora Advisors LLC acquired a new stake in shares of Ball during the second quarter worth $30,000. Finally, Trust Co. of Vermont purchased a new stake in shares of Ball during the second quarter valued at $37,000. Institutional investors own 86.51% of the company’s stock.

Analysts Set New Price Targets

BALL has been the subject of a number of recent analyst reports. Truist Financial set a $78.00 price target on Ball in a research report on Wednesday, August 5th. Citigroup lowered shares of Ball from a “buy” rating to a “reduce” rating in a research note on Wednesday, August 5th. Wells Fargo & Company raised their target price on shares of Ball from $71.00 to $72.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Royal Bank Of Canada boosted their price target on shares of Ball from $75.00 to $77.00 and gave the company an “outperform” rating in a report on Thursday, July 9th. Finally, Mizuho set a $72.00 price target on shares of Ball in a research report on Wednesday, August 5th. Eight analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Ball has an average rating of “Moderate Buy” and a consensus price target of $71.69.

Ball Stock Performance

Shares of BALL stock opened at $63.43 on Friday. The company has a market capitalization of $16.79 billion, a price-to-earnings ratio of 17.97, a P/E/G ratio of 1.23 and a beta of 0.98. Ball Corporation has a 1-year low of $44.83 and a 1-year high of $68.29. The company has a current ratio of 1.07, a quick ratio of 0.66 and a debt-to-equity ratio of 1.13. The stock’s fifty day simple moving average is $62.59 and its 200-day simple moving average is $61.19.

Ball (NYSE:BALL) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.04. Ball had a return on equity of 18.76% and a net margin of 6.61%.The firm had revenue of $4 billion during the quarter, compared to the consensus estimate of $3.69 billion. During the same period in the prior year, the business earned $0.90 EPS. The business’s revenue for the quarter was up 19.7% on a year-over-year basis. Ball has set its FY 2026 guidance at 3.930- EPS. On average, sell-side analysts predict that Ball Corporation will post 4.01 earnings per share for the current fiscal year.

Ball Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a $0.20 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.3%. Ball’s dividend payout ratio is currently 22.66%.

Insider Activity

In other news, SVP Mandy Glew sold 5,626 shares of the stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $63.80, for a total value of $358,938.80. Following the completion of the sale, the senior vice president directly owned 7,209 shares of the company’s stock, valued at $459,934.20. This represents a 43.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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.