Maven Securities LTD Acquires New Shares in Ball Corporation $BALL

Maven Securities LTD acquired a new position in Ball Corporation (NYSE:BALL) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 11,297 shares of the company’s stock, valued at approximately $570,000.

A number of other hedge funds have also bought and sold shares of the business. Endeavor Private Wealth Inc. purchased a new position in shares of Ball during the third quarter valued at approximately $583,000. Universal Beteiligungs und Servicegesellschaft mbH lifted its position in Ball by 4.8% during the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 254,445 shares of the company’s stock valued at $14,272,000 after purchasing an additional 11,731 shares during the period. Iridian Asset Management LLC CT boosted its holdings in Ball by 73.7% in the third quarter. Iridian Asset Management LLC CT now owns 46,624 shares of the company’s stock worth $2,351,000 after purchasing an additional 19,776 shares during the last quarter. Rakuten Investment Management Inc. bought a new stake in Ball in the 3rd quarter worth approximately $464,000. Finally, Campbell & CO Investment Adviser LLC bought a new stake in Ball in the 3rd quarter worth approximately $2,682,000. Hedge funds and other institutional investors own 86.51% of the company’s stock.

Insider Transactions at Ball

In other Ball news, SVP Fauze Villatoro bought 1,551 shares of the business’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 completion of the transaction, the senior vice president owned 13,778 shares of the company’s stock, valued at $888,818.78. This trade represents a 12.69% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Kathleen Pitre sold 10,660 shares of Ball stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $66.63, for a total value of $710,275.80. Following the sale, the senior vice president directly owned 36,772 shares in the company, valued at $2,450,118.36. This trade represents a 22.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.57% of the company’s stock.

Ball Stock Down 0.6%

Shares of BALL stock opened at $61.72 on Wednesday. The company has a market capitalization of $16.42 billion, a price-to-earnings ratio of 18.59, a PEG ratio of 1.24 and a beta of 1.10. 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 $61.62 and its 200-day moving average price is $53.84. 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 (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 Dividend Announcement

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

Wall Street Analysts Forecast Growth

BALL has been the subject of a number of research reports. Wells Fargo & Company boosted their target price on shares of Ball from $60.00 to $70.00 and gave the company an “overweight” rating in a research note on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ball in a report on Monday, December 29th. Morgan Stanley set a $66.00 price objective on Ball in a research report on Wednesday, February 4th. Mizuho increased their target price on Ball from $58.00 to $70.00 and gave the company an “outperform” rating in a report on Wednesday, February 4th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Ball in a research report on Wednesday, February 4th. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Ball has an average rating of “Moderate Buy” and a consensus price target of $68.46.

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.