Talisman Wealth Advisors LLC Buys New Shares in Ball Corporation $BALL

Talisman Wealth Advisors LLC purchased a new position in shares of Ball Corporation (NYSE:BALL) in the fourth quarter, HoldingsChannel reports. The fund purchased 11,439 shares of the company’s stock, valued at approximately $606,000.

Several other large investors have also added to or reduced their stakes in the company. GoalVest Advisory LLC acquired a new position in shares of Ball in the fourth quarter valued at about $25,000. Board of the Pension Protection Fund purchased a new position in shares of Ball in the fourth quarter worth about $26,000. Triumph Capital Management acquired a new stake in shares of Ball during the third quarter worth about $26,000. Gilpin Wealth Management LLC acquired a new stake in shares of Ball during the fourth quarter worth about $29,000. Finally, Harbour Investments Inc. boosted its position in Ball by 44.1% in the fourth 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 last quarter. Hedge funds and other institutional investors own 86.51% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on BALL shares. JPMorgan Chase & Co. upgraded shares of Ball from a “neutral” rating to an “overweight” rating and set a $60.00 price target on the stock in a report on Monday, May 18th. Weiss Ratings cut shares of Ball from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. Truist Financial upped their price objective on shares of Ball from $75.00 to $77.00 and gave the company a “buy” rating in a report on Wednesday, April 15th. Wells Fargo & Company increased their price objective on shares of Ball from $70.00 to $71.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Ball in a report on Friday, April 17th. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $69.54.

Ball Stock Up 0.1%

Shares of BALL opened at $57.79 on Friday. Ball Corporation has a 52 week low of $44.83 and a 52 week high of $68.29. The company has a quick ratio of 0.72, a current ratio of 1.12 and a debt-to-equity ratio of 1.25. The company has a market capitalization of $15.39 billion, a price-to-earnings ratio of 16.70, a PEG ratio of 1.13 and a beta of 1.01. The stock’s 50-day moving average price is $58.25 and its 200-day moving average price is $58.21.

Ball (NYSE:BALL) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.09. Ball had a return on equity of 18.69% and a net margin of 6.86%.The company had revenue of $3.60 billion during the quarter, compared to analysts’ expectations of $3.34 billion. During the same period last year, the business earned $0.76 earnings per share. Ball’s quarterly revenue was up 16.3% on a year-over-year basis. Ball has set its FY 2026 guidance at 3.930- EPS. On average, sell-side analysts predict that Ball Corporation will post 3.99 EPS for the current year.

Ball Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.4%. Ball’s dividend payout ratio (DPR) is presently 23.12%.

About Ball

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.