Ball Corporation $BALL Stock Holdings Raised by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its stake in shares of Ball Corporation (NYSE:BALL) by 0.5% during the third quarter, Holdings Channel.com reports. The firm owned 2,130,473 shares of the company’s stock after purchasing an additional 10,015 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Ball were worth $123,135,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in Ball in the second quarter valued at about $1,310,991,000. State Street Corp raised its holdings in Ball by 8.3% in the second quarter. State Street Corp now owns 13,416,598 shares of the company’s stock worth $837,196,000 after purchasing an additional 1,024,861 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Ball by 6.0% during the first quarter. Dimensional Fund Advisors LP now owns 5,999,409 shares of the company’s stock valued at $354,605,000 after buying an additional 340,677 shares during the last quarter. Deutsche Bank AG purchased a new stake in shares of Ball during the second quarter valued at about $163,768,000. Finally, Bank of America Corp DE purchased a new stake in shares of Ball during the second quarter valued at about $160,506,000. Hedge funds and other institutional investors own 86.51% of the company’s stock.

Wall Street Analyst Weigh In

BALL has been the topic of a number of recent analyst reports. Bank of America raised their price target on shares of Ball from $70.00 to $73.00 and gave the company a “buy” rating in a report on Tuesday, July 14th. Citigroup downgraded shares of Ball from a “buy” rating to a “reduce” rating in a research report on Wednesday, August 5th. Weiss Ratings upgraded shares of Ball from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 9th. JPMorgan Chase & Co. raised shares of Ball from a “neutral” rating to an “overweight” rating and set a $65.00 target price for the company in a research report on Friday, September 18th. Finally, Mizuho set a $72.00 target price on shares of Ball in a research report on Wednesday, August 5th. Ten analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Ball has an average rating of “Moderate Buy” and an average price target of $71.00.

Insider Activity

In related news, SVP Mandy Glew sold 5,626 shares of the stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $63.80, for a total value of $358,938.80. Following the completion of the transaction, the senior vice president directly owned 7,209 shares of the company’s stock, valued at $459,934.20. This trade represents a 43.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.58% of the stock is currently owned by company insiders.

Ball Trading Up 0.0%

Shares of NYSE:BALL opened at $64.18 on Thursday. The business’s 50-day moving average is $60.77 and its 200 day moving average is $60.34. Ball Corporation has a 1 year low of $44.83 and a 1 year high of $68.29. The firm has a market capitalization of $16.99 billion, a P/E ratio of 18.18, a P/E/G ratio of 1.29 and a beta of 0.96. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.07 and a quick ratio of 0.66.

Ball (NYSE:BALL) last released its quarterly 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. The company had revenue of $4 billion during the quarter, compared to analysts’ expectations of $3.69 billion. Ball had a return on equity of 18.76% and a net margin of 6.61%. The firm’s revenue was up 19.7% compared to the same quarter last year. During the same period last year, the business posted $0.90 earnings per share. Ball has set its FY 2026 guidance at 3.930- EPS. On average, research analysts predict that Ball Corporation will post 4.01 earnings per share for the current fiscal year.

Ball Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.20 per share. The ex-dividend date was Tuesday, September 1st. This represents a $0.80 annualized dividend and a dividend yield of 1.2%. Ball’s dividend payout ratio is 22.66%.

About Ball

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.