Groupama Asset Managment Invests $1.09 Million in Ball Corporation $BALL

Groupama Asset Managment bought a new position in shares of Ball Corporation (NYSE:BALL) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 21,558 shares of the company’s stock, valued at approximately $1,087,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Triumph Capital Management acquired a new stake in Ball during the third quarter worth approximately $26,000. SJS Investment Consulting Inc. boosted its holdings in shares of Ball by 4,236.8% in the 3rd quarter. SJS Investment Consulting Inc. now owns 824 shares of the company’s stock valued at $42,000 after buying an additional 805 shares in the last quarter. MUFG Securities EMEA plc acquired a new position in shares of Ball in the 2nd quarter valued at $46,000. CYBER HORNET ETFs LLC purchased a new position in shares of Ball in the 2nd quarter valued at $47,000. Finally, Stance Capital LLC purchased a new position in shares of Ball in the 3rd quarter valued at $48,000. 86.51% of the stock is owned by institutional investors and hedge funds.

Ball Trading Down 3.4%

Shares of Ball stock opened at $57.01 on Friday. Ball Corporation has a 1 year low of $43.51 and a 1 year high of $68.29. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.75 and a current ratio of 1.11. The company has a market capitalization of $15.17 billion, a P/E ratio of 17.17, a PEG ratio of 1.17 and a beta of 1.10. The company’s fifty day moving average is $61.86 and its two-hundred day moving average is $53.95.

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

Ball Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.4%. The ex-dividend date was Monday, March 2nd. Ball’s payout ratio is 24.10%.

Insider Activity at Ball

In other Ball news, SVP Kathleen Pitre sold 10,660 shares of the company’s 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 completion of the sale, the senior vice president directly owned 36,772 shares of the company’s stock, valued at $2,450,118.36. This represents a 22.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Fauze Villatoro acquired 1,551 shares of the firm’s stock in a transaction on Wednesday, March 4th. The shares were bought at an average cost of $64.51 per share, with a total value of $100,055.01. Following the completion of the transaction, the senior vice president directly owned 13,778 shares in the company, valued at $888,818.78. This trade represents a 12.69% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.81% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Morgan Stanley set a $66.00 price target on shares of Ball in a research report on Wednesday, February 4th. Mizuho raised their price objective on Ball from $58.00 to $70.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Wells Fargo & Company lifted their target price on Ball from $60.00 to $70.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 4th. JPMorgan Chase & Co. boosted their target price on Ball from $50.00 to $60.00 and gave the company a “neutral” rating in a report on Wednesday, February 4th. Finally, Robert W. Baird set a $75.00 target price on Ball in a research report on Wednesday, February 4th. Eight analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Ball presently has a consensus rating of “Moderate Buy” and an average target price of $68.77.

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.