Sivia Capital Partners LLC Makes New $527,000 Investment in Ball Corporation $BALL

Sivia Capital Partners LLC acquired a new position in shares of Ball Corporation (NYSE:BALL) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 9,941 shares of the company’s stock, valued at approximately $527,000.

Other hedge funds also recently added to or reduced their stakes in the company. GoalVest Advisory LLC acquired a new stake in Ball during the 4th quarter worth approximately $25,000. Board of the Pension Protection Fund purchased a new position in shares of Ball during the 4th quarter worth approximately $26,000. Triumph Capital Management purchased a new position in shares of Ball during the 3rd quarter worth approximately $26,000. Harbour Investments Inc. raised its stake in shares of Ball by 44.1% during the 4th quarter. Harbour Investments Inc. now owns 725 shares of the company’s stock worth $38,000 after buying an additional 222 shares in the last quarter. Finally, Trust Co. of Vermont raised its stake in shares of Ball by 297.0% during the 4th quarter. Trust Co. of Vermont now owns 802 shares of the company’s stock worth $42,000 after buying an additional 600 shares in the last quarter. 86.51% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. UBS Group cut their target price on Ball from $66.00 to $64.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Royal Bank Of Canada reissued an “outperform” rating on shares of Ball in a research note on Friday, April 17th. Citigroup lowered their price target on Ball from $74.00 to $73.00 and set a “buy” rating on the stock in a report on Monday, April 13th. Weiss Ratings cut Ball from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday. Finally, Raymond James Financial set a $73.00 price target on Ball and gave the stock an “outperform” rating in a report on Tuesday, April 21st. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Ball presently has a consensus rating of “Moderate Buy” and an average target price of $69.54.

Ball Price Performance

Shares of NYSE:BALL opened at $52.93 on Friday. The business’s fifty day moving average price is $58.84 and its two-hundred day moving average price is $57.67. The stock has a market cap of $14.09 billion, a PE ratio of 15.30, a price-to-earnings-growth ratio of 1.03 and a beta of 1.01. 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 Corporation has a one year low of $44.83 and a one year high of $68.29.

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

Ball Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, June 1st. Ball’s dividend payout ratio is currently 23.12%.

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.