Sequent Planning LLC Invests $483,000 in Ball Corporation $BALL

Sequent Planning LLC acquired a new position in shares of Ball Corporation (NYSE:BALL) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 9,116 shares of the company’s stock, valued at approximately $483,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Invesco Ltd. lifted its holdings in shares of Ball by 14.9% during the 3rd quarter. Invesco Ltd. now owns 4,651,348 shares of the company’s stock worth $234,521,000 after acquiring an additional 602,137 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Ball by 13.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,828,298 shares of the company’s stock worth $193,003,000 after acquiring an additional 455,089 shares during the period. Boston Partners lifted its holdings in shares of Ball by 2.1% during the 3rd quarter. Boston Partners now owns 3,816,297 shares of the company’s stock worth $192,402,000 after acquiring an additional 79,700 shares during the period. Bank of America Corp DE lifted its holdings in shares of Ball by 17.1% during the 3rd quarter. Bank of America Corp DE now owns 2,406,154 shares of the company’s stock worth $121,318,000 after acquiring an additional 351,060 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Ball by 1.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,141,399 shares of the company’s stock worth $107,969,000 after acquiring an additional 29,586 shares during the period. 86.51% of the stock is owned by institutional investors.

Ball Stock Down 0.1%

Shares of NYSE:BALL opened at $55.16 on Monday. Ball Corporation has a 52 week low of $44.83 and a 52 week high of $68.29. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.72 and a current ratio of 1.12. The company’s fifty day moving average is $60.56 and its 200-day moving average is $56.95. The company has a market capitalization of $14.69 billion, a PE ratio of 15.94, a P/E/G ratio of 1.08 and a beta of 1.06.

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

Ball Announces Dividend

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

Insider Transactions at Ball

In related news, SVP Kathleen Pitre sold 10,660 shares of Ball stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $66.63, for a total value of $710,275.80. Following the completion of the transaction, the senior vice president directly owned 36,772 shares of the company’s stock, valued at $2,450,118.36. The trade was a 22.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Fauze Villatoro purchased 1,551 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was acquired at an average cost of $64.51 per share, with a total value of $100,055.01. Following the completion of the acquisition, the senior vice president directly owned 13,778 shares of the company’s stock, valued at $888,818.78. The trade was a 12.69% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 0.58% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Mizuho raised their price objective on shares of Ball from $58.00 to $70.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Citigroup reduced their target price on shares of Ball from $74.00 to $73.00 and set a “buy” rating on the stock in a research note on Monday, April 13th. Jefferies Financial Group boosted their target price on shares of Ball from $64.00 to $71.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Robert W. Baird set a $75.00 target price on shares of Ball in a research note on Wednesday, February 4th. Finally, Truist Financial boosted their target price on shares of Ball from $75.00 to $77.00 and gave the company a “buy” rating in a research note on Wednesday, April 15th. Nine analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Ball presently has a consensus rating of “Moderate Buy” and an average target price of $69.54.

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.