Ball Corporation $BALL Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC increased its position in shares of Ball Corporation (NYSE:BALL) by 13.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 554,893 shares of the company’s stock after acquiring an additional 64,765 shares during the quarter. Natixis Advisors LLC’s holdings in Ball were worth $29,393,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. AXQ Capital LP acquired a new position in Ball in the 4th quarter valued at $718,000. Nomura Asset Management Co. Ltd. boosted its holdings in shares of Ball by 0.5% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 88,761 shares of the company’s stock worth $4,702,000 after purchasing an additional 470 shares during the last quarter. MUFG Securities EMEA plc grew its position in shares of Ball by 110.9% in the fourth quarter. MUFG Securities EMEA plc now owns 10,986 shares of the company’s stock valued at $582,000 after purchasing an additional 5,777 shares during the period. Norges Bank purchased a new stake in shares of Ball in the fourth quarter valued at $178,025,000. Finally, Eurizon Capital SGR S.p.A. acquired a new position in Ball in the fourth quarter valued at $15,440,000. 86.51% of the stock is owned by hedge funds and other institutional investors.

Ball Stock Performance

Shares of NYSE:BALL opened at $52.71 on Friday. The firm has a market capitalization of $14.03 billion, a PE ratio of 15.24, a P/E/G ratio of 1.03 and a beta of 1.01. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.12 and a quick ratio of 0.72. The business has a 50-day moving average of $59.00 and a two-hundred day moving average of $57.70. Ball Corporation has a 12 month low of $44.83 and a 12 month high of $68.29.

Ball (NYSE:BALL) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.94 earnings per share 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 business had revenue of $3.60 billion for the quarter, compared to analyst estimates of $3.34 billion. During the same period in the previous year, the company posted $0.76 EPS. The company’s revenue was up 16.3% compared to the same quarter last year. Ball has set its FY 2026 guidance at 3.930- EPS. As a group, research analysts forecast that Ball Corporation will post 3.99 earnings per share for the current year.

Ball Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.5%. The ex-dividend date is Monday, June 1st. Ball’s payout ratio is currently 23.12%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on BALL. Truist Financial increased their target price on Ball from $75.00 to $77.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. Citigroup dropped their price objective on shares of Ball from $74.00 to $73.00 and set a “buy” rating for the company in a research note on Monday, April 13th. UBS Group decreased their target price on shares of Ball from $66.00 to $64.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Wells Fargo & Company boosted their target price on shares of Ball from $70.00 to $71.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Finally, Weiss Ratings downgraded shares of Ball from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus 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.