The Manufacturers Life Insurance Company cut its stake in shares of Ball Corporation (NYSE:BALL – Free Report) by 6.5% during the first quarter, HoldingsChannel.com reports. The firm owned 141,359 shares of the company’s stock after selling 9,835 shares during the period. The Manufacturers Life Insurance Company’s holdings in Ball were worth $8,356,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in shares of Ball by 41.2% during the 4th quarter. Brighton Jones LLC now owns 5,245 shares of the company’s stock valued at $289,000 after acquiring an additional 1,531 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Ball by 402.8% during the first quarter. AQR Capital Management LLC now owns 83,995 shares of the company’s stock worth $4,356,000 after acquiring an additional 67,289 shares in the last quarter. Empowered Funds LLC boosted its position 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 acquired a new stake in Ball during the second quarter valued at $453,000. Finally, Jump Financial LLC purchased a new position in Ball in the second quarter valued at about $696,000. Institutional investors and hedge funds own 86.51% of the company’s stock.
Key Headlines Impacting Ball
Here are the key news stories impacting Ball this week:
- Positive Sentiment: Ball reported second-quarter comparable diluted EPS of $1.03, exceeding the $0.99 consensus estimate and improving from $0.90 a year earlier. GAAP diluted EPS was 83 cents, versus 76 cents in the prior-year quarter. Ball Tops Q2 Earnings and Revenue Estimates
- Positive Sentiment: Revenue reached approximately $4.0 billion, well above the $3.69 billion analyst estimate and up 19.7% year over year, indicating strong operating momentum. The company also reported a 6.86% net margin and 18.69% return on equity. Ball Quarterly Earnings Report
- Neutral Sentiment: The earnings beat was supported by both higher profit and revenue, but investors may be looking for additional detail from Ball’s earnings call regarding demand, costs and the sustainability of growth through the remainder of the year.
- Negative Sentiment: Ball’s updated fiscal 2026 EPS guidance is approximately $3.93, below the roughly $4.00 consensus estimate. That outlook shortfall likely offset the quarterly earnings beat and contributed to the weaker market reaction. Ball Reports Strong Second Quarter 2026 Results
Ball Stock Performance
Ball (NYSE:BALL – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.99 by $0.04. Ball had a return on equity of 18.69% and a net margin of 6.86%.The business had revenue of $4 billion for the quarter, compared to the consensus estimate of $3.69 billion. During the same period last year, the business earned $0.90 EPS. The firm’s revenue was up 19.7% compared to the same quarter last year. Ball has set its FY 2026 guidance at 3.930- EPS. As a group, equities research analysts forecast that Ball Corporation will post 3.99 earnings per share for the current fiscal year.
Ball Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a $0.20 dividend. 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 23.12%.
Analysts Set New Price Targets
A number of research firms have recently weighed in on BALL. Bank of America raised their price target on Ball from $70.00 to $73.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Royal Bank Of Canada boosted their price target on Ball from $75.00 to $77.00 and gave the company an “outperform” rating in a research note on Thursday, July 9th. Truist Financial raised their price objective on shares of Ball from $75.00 to $77.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Weiss Ratings raised shares of Ball from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 30th. Finally, Wells Fargo & Company increased their price target on shares of Ball from $70.00 to $71.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Ball has an average rating of “Moderate Buy” and an average price target of $70.85.
Read Our Latest Analysis on BALL
Ball 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.
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