Ball (NYSE:BALL) SVP Acquires $100,055.01 in Stock

Ball Corporation (NYSE:BALL) SVP Fauze Villatoro acquired 1,551 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The stock was acquired at an average cost of $64.51 per share, with a total value of $100,055.01. Following the completion of the acquisition, the senior vice president directly owned 13,778 shares in the company, valued at approximately $888,818.78. This represents a 12.69% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Ball Stock Down 1.1%

BALL opened at $62.50 on Friday. The stock’s 50 day moving average price is $60.43 and its 200 day moving average price is $53.39. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.11 and a quick ratio of 0.75. The stock has a market cap of $16.63 billion, a P/E ratio of 18.83, a P/E/G ratio of 1.24 and a beta of 1.10. Ball Corporation has a 12 month low of $43.51 and a 12 month high of $68.29.

Ball (NYSE:BALL) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.01. Ball had a return on equity of 18.12% and a net margin of 6.93%.The company had revenue of $3.35 billion during the quarter, compared to analyst estimates of $3.11 billion. During the same quarter in the previous year, the firm posted $0.84 EPS. The firm’s quarterly revenue was up 16.2% on a year-over-year basis. Ball has set its FY 2026 guidance at 3.930- EPS. As a group, research analysts predict that Ball Corporation will post 3.48 earnings per share for the current year.

Ball Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 2nd will be issued a $0.20 dividend. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $0.80 annualized dividend and a yield of 1.3%. Ball’s dividend payout ratio is presently 24.10%.

Wall Street Analyst Weigh In

BALL has been the subject of a number of recent analyst reports. UBS Group reiterated a “neutral” rating and issued a $66.00 target price on shares of Ball in a research report on Wednesday, February 4th. Mizuho upped their price target on shares of Ball from $58.00 to $70.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Ball in a report on Monday, December 29th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ball in a research note on Wednesday, February 4th. Finally, Robert W. Baird set a $75.00 target price on Ball in a report on Wednesday, February 4th. Eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Ball currently has an average rating of “Moderate Buy” and a consensus target price of $68.46.

Institutional Investors Weigh In On Ball

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Brighton Jones LLC grew its stake in shares of Ball by 41.2% in the 4th quarter. Brighton Jones LLC now owns 5,245 shares of the company’s stock worth $289,000 after purchasing an additional 1,531 shares during the last quarter. AQR Capital Management LLC lifted its stake in Ball by 402.8% during the first quarter. AQR Capital Management LLC now owns 83,995 shares of the company’s stock valued at $4,356,000 after purchasing an additional 67,289 shares during the last quarter. Empowered Funds LLC lifted its stake in Ball by 10.6% during the first quarter. Empowered Funds LLC now owns 6,167 shares of the company’s stock valued at $321,000 after purchasing an additional 590 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in Ball during the second quarter worth approximately $453,000. Finally, Bank of New York Mellon Corp grew its position in Ball by 7.8% in the second quarter. Bank of New York Mellon Corp now owns 2,111,813 shares of the company’s stock worth $118,452,000 after buying an additional 152,441 shares during the last quarter. 86.51% of the stock is currently owned by institutional investors.

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.