Neuberger Berman Group LLC Increases Holdings in Ball Corporation $BALL

Neuberger Berman Group LLC grew its stake in Ball Corporation (NYSE:BALL) by 125.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 422,314 shares of the company’s stock after acquiring an additional 234,806 shares during the quarter. Neuberger Berman Group LLC owned 0.16% of Ball worth $21,293,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. True Wealth Design LLC increased its holdings in Ball by 17.6% during the third quarter. True Wealth Design LLC now owns 1,438 shares of the company’s stock valued at $73,000 after buying an additional 215 shares during the last quarter. Independent Advisor Alliance raised its position in Ball by 2.7% in the third quarter. Independent Advisor Alliance now owns 9,470 shares of the company’s stock worth $477,000 after acquiring an additional 246 shares during the period. Seeds Investor LLC boosted its stake in shares of Ball by 4.1% during the 2nd quarter. Seeds Investor LLC now owns 6,797 shares of the company’s stock worth $381,000 after acquiring an additional 265 shares during the last quarter. Smith Moore & CO. boosted its stake in shares of Ball by 2.3% during the 2nd quarter. Smith Moore & CO. now owns 12,249 shares of the company’s stock worth $687,000 after acquiring an additional 278 shares during the last quarter. Finally, Asset Management One Co. Ltd. grew its position in shares of Ball by 0.3% during the 3rd quarter. Asset Management One Co. Ltd. now owns 118,213 shares of the company’s stock valued at $5,960,000 after acquiring an additional 296 shares during the period. 86.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on BALL shares. UBS Group restated a “neutral” rating and issued a $66.00 price objective on shares of Ball in a research note on Wednesday, February 4th. JPMorgan Chase & Co. boosted their price target on Ball from $50.00 to $60.00 and gave the company a “neutral” rating in a report on Wednesday, February 4th. Jefferies Financial Group upped their price target on Ball from $64.00 to $71.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Citigroup raised their price objective on Ball from $67.00 to $74.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Finally, Mizuho lifted their price objective on Ball from $58.00 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday, February 4th. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Ball currently has a consensus rating of “Moderate Buy” and an average price target of $68.46.

Ball Stock Down 1.1%

Shares of BALL stock opened at $62.50 on Friday. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.11 and a quick ratio of 0.75. Ball Corporation has a one year low of $43.51 and a one year high of $68.29. The company’s fifty day moving average price is $60.43 and its 200-day moving average price is $53.39. The company has a market capitalization of $16.63 billion, a price-to-earnings ratio of 18.83, a PEG ratio of 1.24 and a beta of 1.10.

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

Ball Announces Dividend

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

Insider Transactions at Ball

In related news, SVP Kathleen Pitre sold 10,660 shares of Ball stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $66.63, for a total transaction of $710,275.80. Following the sale, the senior vice president owned 36,772 shares of the company’s stock, valued at approximately $2,450,118.36. This trade represents a 22.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Fauze Villatoro purchased 1,551 shares of the stock in a transaction that occurred on Wednesday, March 4th. The stock was acquired at an average cost of $64.51 per share, for a total transaction of $100,055.01. Following the completion of the acquisition, the senior vice president owned 13,778 shares in the company, valued at $888,818.78. This represents a 12.69% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.81% of the company’s stock.

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.