Sivia Capital Partners LLC Makes New Investment in Ball Corporation $BALL

Sivia Capital Partners LLC purchased a new position in shares of Ball Corporation (NYSE:BALL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 9,941 shares of the company’s stock, valued at approximately $527,000.

A number of other large investors also recently made changes to their positions in the business. Norges Bank purchased a new position in shares of Ball in the 4th quarter worth $178,025,000. AQR Capital Management LLC raised its position in shares of Ball by 1,465.3% in the 2nd quarter. AQR Capital Management LLC now owns 1,314,786 shares of the company’s stock worth $73,746,000 after buying an additional 1,230,791 shares during the period. Man Group plc raised its position in shares of Ball by 141.3% in the 3rd quarter. Man Group plc now owns 1,248,500 shares of the company’s stock worth $62,949,000 after buying an additional 731,076 shares during the period. Bank of America Corp DE raised its position in shares of Ball by 55.1% in the 2nd quarter. Bank of America Corp DE now owns 2,055,094 shares of the company’s stock worth $115,270,000 after buying an additional 730,462 shares during the period. Finally, Invesco Ltd. raised its position in shares of Ball by 14.9% in the 3rd quarter. Invesco Ltd. now owns 4,651,348 shares of the company’s stock worth $234,521,000 after buying an additional 602,137 shares during the period. Hedge funds and other institutional investors own 86.51% of the company’s stock.

Ball Trading Up 0.4%

NYSE:BALL opened at $52.93 on Friday. The business’s 50-day moving average is $58.84 and its two-hundred day moving average is $57.67. 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 12 month low of $44.83 and a 12 month high of $68.29. The firm has a market capitalization of $14.09 billion, a PE ratio of 15.30, a price-to-earnings-growth ratio of 1.03 and a beta of 1.01.

Ball (NYSE:BALL) last released its quarterly earnings data 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 return on equity of 18.69% and a net margin of 6.86%.The company had revenue of $3.60 billion for the quarter, compared to analyst estimates of $3.34 billion. During the same period last year, the company posted $0.76 earnings per share. The firm’s revenue was up 16.3% compared to the same quarter last year. Ball has set its FY 2026 guidance at 3.930- EPS. Research analysts predict that Ball Corporation will post 3.99 earnings per share for the current fiscal year.

Ball Announces Dividend

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

Analysts Set New Price Targets

Several research analysts recently weighed in on BALL shares. UBS Group cut their target price on Ball from $66.00 to $64.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Wells Fargo & Company increased their target price on Ball from $70.00 to $71.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft started coverage on Ball in a research report on Wednesday, April 1st. They issued a “buy” rating and a $72.00 target price on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ball in a research report on Friday, April 17th. Finally, Raymond James Financial set a $73.00 target price on Ball and gave the stock an “outperform” rating in a research report on Tuesday, April 21st. Ten analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Ball presently has an average 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.