Ball Corporation $BALL Shares Bought by Toth Financial Advisory Corp

Toth Financial Advisory Corp raised its position in Ball Corporation (NYSE:BALL) by 22.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 131,910 shares of the company’s stock after purchasing an additional 24,186 shares during the quarter. Toth Financial Advisory Corp’s holdings in Ball were worth $8,231,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC raised its holdings in Ball by 41.2% in the fourth quarter. Brighton Jones LLC now owns 5,245 shares of the company’s stock valued at $289,000 after buying an additional 1,531 shares during the period. AQR Capital Management LLC grew its stake in 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 buying an additional 67,289 shares during the period. Empowered Funds LLC grew its stake in Ball by 10.6% during the first quarter. Empowered Funds LLC now owns 6,167 shares of the company’s stock worth $321,000 after buying an additional 590 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Ball in the second quarter worth $453,000. Finally, Jump Financial LLC acquired a new stake in shares of Ball in the second quarter worth $696,000. 86.51% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Ball

In other news, SVP Mandy Glew sold 5,626 shares of the company’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $63.80, for a total value of $358,938.80. Following the sale, the senior vice president owned 7,209 shares in the company, valued at approximately $459,934.20. This represents a 43.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on BALL. Royal Bank Of Canada upped their price target on shares of Ball from $75.00 to $77.00 and gave the stock an “outperform” rating in a research report on Thursday, July 9th. Truist Financial set a $78.00 target price on Ball in a research note on Wednesday, August 5th. Bank of America raised their target price on Ball from $70.00 to $73.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Wells Fargo & Company boosted their price target on Ball from $71.00 to $72.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. Finally, UBS Group lifted their price objective on shares of Ball from $65.00 to $66.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Eight investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $71.69.

Ball Price Performance

BALL stock opened at $63.69 on Friday. The company has a quick ratio of 0.66, a current ratio of 1.07 and a debt-to-equity ratio of 1.13. Ball Corporation has a 52-week low of $44.83 and a 52-week high of $68.29. The stock’s 50 day moving average is $62.71 and its two-hundred day moving average is $61.21. The company has a market capitalization of $16.86 billion, a PE ratio of 18.04, a P/E/G ratio of 1.22 and a beta of 0.98.

Ball (NYSE:BALL) last released its earnings results on Tuesday, August 4th. The company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.99 by $0.04. The company had revenue of $4 billion during the quarter, compared to analysts’ expectations of $3.69 billion. Ball had a return on equity of 18.76% and a net margin of 6.61%.The business’s revenue was up 19.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.90 EPS. Ball has set its FY 2026 guidance at 3.930- EPS. Analysts predict that Ball Corporation will post 4.01 earnings per share for the current fiscal year.

Ball Announces Dividend

The business also recently announced 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 annualized dividend and a dividend yield of 1.3%. Ball’s payout ratio is presently 22.66%.

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.