Ball Corporation $BALL Shares Acquired by Natixis Advisors LLC

Natixis Advisors LLC increased its stake in Ball Corporation (NYSE:BALLFree Report) by 13.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 554,893 shares of the company’s stock after purchasing an additional 64,765 shares during the quarter. Natixis Advisors LLC owned 0.21% of Ball worth $29,393,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. GoalVest Advisory LLC acquired a new position in Ball during the fourth quarter worth about $25,000. Board of the Pension Protection Fund purchased a new position in Ball in the fourth quarter valued at about $26,000. Triumph Capital Management acquired a new stake in shares of Ball during the 3rd quarter valued at approximately $26,000. Harbour Investments Inc. boosted its stake in shares of Ball by 44.1% during the 4th quarter. Harbour Investments Inc. now owns 725 shares of the company’s stock worth $38,000 after acquiring an additional 222 shares in the last quarter. Finally, Trust Co. of Vermont boosted its stake in shares of Ball by 297.0% during the 4th quarter. Trust Co. of Vermont now owns 802 shares of the company’s stock worth $42,000 after acquiring an additional 600 shares in the last quarter. Hedge funds and other institutional investors own 86.51% of the company’s stock.

Analyst Upgrades and Downgrades

BALL has been the subject of several research analyst reports. Wells Fargo & Company raised their price objective on Ball from $70.00 to $71.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Citigroup decreased their target price on Ball from $74.00 to $73.00 and set a “buy” rating on the stock in a research report on Monday, April 13th. Royal Bank Of Canada reissued an “outperform” rating on shares of Ball in a report on Friday, April 17th. Weiss Ratings cut Ball from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday. Finally, 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. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Ball currently has an average rating of “Moderate Buy” and an average price target of $69.54.

Get Our Latest Stock Analysis on BALL

Ball Trading Down 0.2%

Shares of BALL opened at $52.71 on Friday. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.12 and a quick ratio of 0.72. Ball Corporation has a 1-year low of $44.83 and a 1-year high of $68.29. The stock has a market cap of $14.03 billion, a price-to-earnings ratio of 15.24, a price-to-earnings-growth ratio of 1.03 and a beta of 1.01. The firm has a 50 day simple moving average of $59.00 and a 200-day simple moving average of $57.70.

Ball (NYSE:BALLGet Free Report) last announced its earnings results on Tuesday, May 5th. The company reported $0.94 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.09. The firm had revenue of $3.60 billion for the quarter, compared to analysts’ expectations of $3.34 billion. Ball had a return on equity of 18.69% and a net margin of 6.86%.Ball’s quarterly revenue was up 16.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.76 EPS. Ball has set its FY 2026 guidance at 3.930- EPS. Equities analysts forecast that Ball Corporation will post 3.99 EPS for the current fiscal year.

Ball Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Monday, June 1st. Ball’s dividend payout ratio (DPR) is currently 23.12%.

Ball Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Ball (NYSE:BALL)

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