Ball Corporation $BALL Position Lifted by Yousif Capital Management LLC

Yousif Capital Management LLC grew its stake in Ball Corporation (NYSE:BALL) by 112.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 62,023 shares of the company’s stock after purchasing an additional 32,810 shares during the period. Yousif Capital Management LLC’s holdings in Ball were worth $3,475,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. BlackRock Inc. purchased a new position in Ball during the second quarter worth approximately $1,310,991,000. Deutsche Bank AG acquired a new position in Ball during the second quarter worth $163,768,000. Bank of America Corp DE acquired a new position in Ball during the second quarter worth $160,506,000. Bank of New York Mellon Corp purchased a new stake in Ball in the 2nd quarter valued at $143,165,000. Finally, Hsbc Holdings PLC purchased a new stake in Ball in the 2nd quarter valued at $96,380,000. Institutional investors and hedge funds own 86.51% of the company’s stock.

Insider Transactions at Ball

In related news, SVP Mandy Glew sold 5,626 shares of the business’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 directly owned 7,209 shares in the company, valued at approximately $459,934.20. The trade was a 43.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.58% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on BALL shares. Bank of America raised their target price on Ball from $70.00 to $73.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Mizuho set a $72.00 price target on shares of Ball in a research report on Wednesday, August 5th. Wells Fargo & Company dropped their price objective on shares of Ball from $72.00 to $70.00 and set an “overweight” rating for the company in a report on Monday, October 19th. JPMorgan Chase & Co. upgraded shares of Ball from a “neutral” rating to an “overweight” rating and set a $65.00 price objective for the company in a research report on Friday, September 18th. Finally, UBS Group cut their price objective on shares of Ball from $66.00 to $63.00 and set a “neutral” rating for the company in a research report on Monday, October 5th. Ten research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $71.00.

Ball Trading Down 0.5%

Shares of Ball stock opened at $64.43 on Tuesday. The stock has a 50 day moving average of $60.89 and a 200 day moving average of $60.60. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.66 and a current ratio of 1.07. The firm has a market capitalization of $17.05 billion, a price-to-earnings ratio of 16.60, a PEG ratio of 1.30 and a beta of 0.96. Ball Corporation has a fifty-two week low of $44.83 and a fifty-two week high of $68.29.

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

Ball Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, September 1st. Ball’s dividend payout ratio (DPR) is presently 22.66%.

Ball Profile

Ball Corporation is a global supplier of sustainable aluminum packaging. The company primarily manufactures aluminum beverage cans, bottles and cups used by beer, soft-drink, energy-drink and other beverage companies. Its products are designed to support brand presentation, product protection and recycling throughout the packaging lifecycle.

Ball serves customers across North and South America, Europe and other international markets through a network of manufacturing facilities. The company also develops and markets aluminum packaging products for additional consumer and household applications, including its reusable and recyclable Ball Aluminum Cup.

Founded in 1880 as a manufacturer of glass containers, Ball evolved into a major producer of metal packaging and became particularly known for its aluminum beverage cans.