Ball Corporation $BALL Shares Sold by Motley Fool Wealth Management LLC

Motley Fool Wealth Management LLC lessened its stake in Ball Corporation (NYSE:BALL) by 23.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 71,345 shares of the company’s stock after selling 21,933 shares during the quarter. Motley Fool Wealth Management LLC’s holdings in Ball were worth $3,779,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. GoalVest Advisory LLC acquired a new position in shares of Ball in the 4th quarter valued at about $25,000. Board of the Pension Protection Fund acquired a new position in shares of Ball in the 4th quarter valued at about $26,000. Triumph Capital Management acquired a new position in shares of Ball in the 3rd quarter valued at about $26,000. Harbour Investments Inc. lifted its holdings in shares of Ball by 44.1% in the 4th quarter. Harbour Investments Inc. now owns 725 shares of the company’s stock valued at $38,000 after buying an additional 222 shares during the period. Finally, Trust Co. of Vermont lifted its holdings in shares of Ball by 297.0% in the 4th quarter. Trust Co. of Vermont now owns 802 shares of the company’s stock valued at $42,000 after buying an additional 600 shares during the period. Institutional investors and hedge funds own 86.51% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Raymond James Financial set a $73.00 price objective on Ball and gave the company an “outperform” rating in a report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft started coverage on Ball in a report on Wednesday, April 1st. They issued a “buy” rating and a $72.00 price target for the company. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ball in a report on Friday, April 17th. UBS Group reduced their price target on Ball from $66.00 to $64.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Finally, Truist Financial upped their price target on Ball from $75.00 to $77.00 and gave the stock a “buy” rating in a report on Wednesday, April 15th. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $69.54.

Ball Stock Performance

NYSE BALL opened at $54.12 on Wednesday. The stock has a market capitalization of $14.41 billion, a price-to-earnings ratio of 15.64, a PEG ratio of 1.03 and a beta of 1.01. Ball Corporation has a twelve month low of $44.83 and a twelve month high of $68.29. The company has a current ratio of 1.12, a quick ratio of 0.72 and a debt-to-equity ratio of 1.25. The stock has a 50-day moving average of $58.60 and a 200 day moving average of $57.82.

Ball (NYSE:BALL) last released its quarterly 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. The company had revenue of $3.60 billion during 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.76 EPS. Ball has set its FY 2026 guidance at 3.930- EPS. Sell-side analysts anticipate that Ball Corporation will post 3.99 EPS for the current fiscal year.

Ball Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.5%. Ball’s dividend payout ratio is presently 23.12%.

Ball 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.