National Pension Service Increases Holdings in Ball Corporation $BALL

National Pension Service raised its holdings in shares of Ball Corporation (NYSE:BALL) by 12.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 152,525 shares of the company’s stock after purchasing an additional 16,844 shares during the period. National Pension Service’s holdings in Ball were worth $9,518,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Basecamp Wealth Advisors LLC grew its position 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 buying an additional 274 shares during the last quarter. Ancora Advisors LLC bought a new position in shares of Ball during the second quarter valued at approximately $30,000. Triumph Capital Management bought a new position in shares of Ball during the third quarter valued at approximately $26,000. Gilpin Wealth Management LLC bought a new position in shares of Ball during the fourth quarter valued at approximately $29,000. Finally, Trust Co. of Vermont purchased a new stake in Ball in the second quarter worth $37,000. Institutional investors own 86.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on BALL shares. Royal Bank Of Canada upped their price objective on shares of Ball from $75.00 to $77.00 and gave the stock an “outperform” rating in a report on Thursday, July 9th. Weiss Ratings raised shares of Ball from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 30th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $65.00 price target (up from $60.00) on shares of Ball in a research report on Wednesday, August 5th. Bank of America increased their price target on shares of Ball from $70.00 to $73.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Finally, Truist Financial set a $78.00 price objective on Ball in a research report on Wednesday, August 5th. Eight research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Ball currently has an average rating of “Moderate Buy” and an average price target of $71.69.

Insider Activity

In other news, SVP Mandy Glew sold 5,626 shares of Ball stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $63.80, for a total transaction of $358,938.80. Following the completion of the transaction, the senior vice president directly owned 7,209 shares in the company, valued at approximately $459,934.20. This trade 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 is accessible through the SEC website. Insiders own 0.58% of the company’s stock.

Ball Stock Up 0.4%

NYSE:BALL opened at $60.00 on Friday. The firm’s 50-day moving average price is $62.76 and its 200-day moving average price is $60.86. The company has a market capitalization of $15.88 billion, a PE ratio of 17.00, a P/E/G ratio of 1.15 and a beta of 0.95. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.07 and a quick ratio of 0.66. Ball Corporation has a 1-year low of $44.83 and a 1-year high of $68.29.

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

Ball Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend 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 (DPR) is currently 22.66%.

Ball Profile

Ball Corporation (NYSE: BALL) is a global manufacturer of sustainable aluminum packaging products. The company primarily serves the beverage, personal care and household-product industries, producing aluminum beverage cans, bottles, aerosol containers and related packaging solutions. Its products are used by brand owners and manufacturers across a range of consumer markets.

Founded in 1880 as a manufacturer of glass containers, Ball gradually transitioned toward metal packaging and became best known for its aluminum beverage-can business.