Handelsbanken Fonder AB Sells 9,300 Shares of Ball Corporation $BALL

Handelsbanken Fonder AB trimmed its position in Ball Corporation (NYSE:BALL) by 10.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,600 shares of the company’s stock after selling 9,300 shares during the period. Handelsbanken Fonder AB’s holdings in Ball were worth $4,375,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. ProShare Advisors LLC increased its position in Ball by 5.3% in the 4th quarter. ProShare Advisors LLC now owns 58,089 shares of the company’s stock valued at $3,077,000 after buying an additional 2,916 shares in the last quarter. Sequent Planning LLC bought a new stake in Ball in the 4th quarter valued at about $483,000. North Dakota State Investment Board bought a new stake in Ball in the 4th quarter valued at about $506,000. Canada Post Corp Registered Pension Plan increased its position in Ball by 34.0% in the 4th quarter. Canada Post Corp Registered Pension Plan now owns 5,671 shares of the company’s stock valued at $300,000 after buying an additional 1,440 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its position in Ball by 4.8% in the 4th quarter. Thrivent Financial for Lutherans now owns 37,600 shares of the company’s stock valued at $1,992,000 after buying an additional 1,718 shares in the last quarter. 86.51% of the stock is owned by institutional investors.

Insider Activity at Ball

In related 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 value of $710,275.80. Following the transaction, the senior vice president owned 36,772 shares in the company, valued at approximately $2,450,118.36. This represents a 22.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Fauze Villatoro acquired 1,551 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was purchased at an average price of $64.51 per share, for a total transaction of $100,055.01. Following the purchase, the senior vice president owned 13,778 shares of the company’s stock, valued at $888,818.78. The trade was a 12.69% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.58% of the stock is currently owned by corporate insiders.

Ball Price Performance

Shares of NYSE BALL opened at $56.50 on Friday. Ball Corporation has a twelve month low of $44.83 and a twelve month high of $68.29. The stock’s 50 day moving average price is $59.95 and its 200-day moving average price is $57.18. The company has a market capitalization of $15.04 billion, a PE ratio of 16.33, a PEG ratio of 1.10 and a beta of 1.06. The company has a quick ratio of 0.72, a current ratio of 1.12 and a debt-to-equity ratio of 1.25.

Ball (NYSE:BALL) last announced its earnings results on Tuesday, May 5th. The company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.09. Ball had a return on equity of 18.69% and a net margin of 6.86%.The firm had revenue of $3.60 billion for the quarter, compared to the consensus estimate of $3.34 billion. During the same quarter in the previous year, the business earned $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. On average, equities analysts anticipate that Ball Corporation will post 3.99 EPS for the current year.

Ball Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be paid a $0.20 dividend. The ex-dividend date is Monday, June 1st. This represents a $0.80 annualized dividend and a yield of 1.4%. Ball’s dividend payout ratio is presently 23.12%.

Key Ball News

Here are the key news stories impacting Ball this week:

• Positive Sentiment: Zacks Research raised its earnings estimates for Ball across multiple future periods, including FY2026, FY2027, FY2028, and several quarterly forecasts, which may signal improving fundamentals and support investor sentiment.
• Neutral Sentiment: The latest consensus full-year EPS estimate remains at $3.99, so the analyst changes are helpful but still broadly in line with market expectations.
• Neutral Sentiment: Recent non-company articles about “Dragon Ball” appear unrelated to Ball Corporation’s business and are unlikely to affect the stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Wells Fargo & Company lifted their price target on Ball from $70.00 to $71.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ball in a research note on Friday, April 17th. Jefferies Financial Group lifted their price target on Ball from $64.00 to $71.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. UBS Group cut their price target on Ball from $66.00 to $64.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Finally, Truist Financial lifted their price target on Ball from $75.00 to $77.00 and gave the company a “buy” rating in a research note on Wednesday, April 15th. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Ball currently has a consensus rating of “Moderate Buy” and an average target price 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.