State of Alaska Department of Revenue Buys 45,125 Shares of Ball Corporation $BALL

State of Alaska Department of Revenue increased its stake in shares of Ball Corporation (NYSE:BALL) by 173.0% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 71,213 shares of the company’s stock after buying an additional 45,125 shares during the period. State of Alaska Department of Revenue’s holdings in Ball were worth $3,990,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. BlackRock Inc. purchased a new position in Ball in the second quarter valued at about $1,310,991,000. State Street Corp increased its stake in shares of Ball by 8.3% during the 2nd 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 during the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Ball by 6.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,999,409 shares of the company’s stock worth $354,605,000 after purchasing an additional 340,677 shares during the last quarter. Deutsche Bank AG purchased a new stake in shares of Ball during the 2nd quarter worth approximately $163,768,000. Finally, Bank of America Corp DE bought a new stake in shares of Ball in the 2nd quarter worth approximately $160,506,000. Institutional investors own 86.51% of the company’s stock.

Ball News Summary

Here are the key news stories impacting Ball this week:

• Positive Sentiment: Zacks Research raised its EPS forecasts for Ball’s third quarter of 2026, full-year 2026, second quarter of 2027 and fourth quarter of 2027 by $0.01 each. The firm also increased its 2028 forecasts, including full-year EPS to $4.98 from $4.96. These revisions suggest slightly improved expectations for Ball’s earnings trajectory. Ball Corporation analyst estimates
• Positive Sentiment: The upward revisions reinforce the company’s recent earnings momentum: Ball’s latest reported quarter exceeded analyst expectations on both revenue and EPS, with revenue growth of nearly 20% year over year. The current consensus forecast remains approximately $4.01 EPS for the fiscal year.
• Neutral Sentiment: The estimate changes are small, so they are more likely to provide incremental support than trigger a major revaluation. Ball was recently trading near $63, above its 50-day and 200-day moving averages, indicating a relatively constructive technical backdrop.
• Negative Sentiment: Zacks Research lowered its fourth-quarter 2026 EPS forecast to $0.96 from $0.97 and cut its third-quarter 2027 estimate to $1.16 from $1.18. The reductions suggest some near-term or mid-cycle pressure despite the improved longer-term outlook.

Ball Price Performance

NYSE BALL opened at $63.12 on Friday. The company has a market cap of $16.71 billion, a PE ratio of 17.88, a price-to-earnings-growth ratio of 1.20 and a beta of 0.96. 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 0.66, a current ratio of 1.07 and a debt-to-equity ratio of 1.13. The firm’s 50-day simple moving average is $60.67 and its two-hundred day simple moving average is $60.23.

Ball (NYSE:BALL) last issued its earnings results on Tuesday, August 4th. The company reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.99 by $0.04. The firm had revenue of $4 billion during the quarter, compared to analyst estimates of $3.69 billion. Ball had a net margin of 6.61% and a return on equity of 18.76%. The company’s quarterly revenue was up 19.7% on a year-over-year basis. During the same quarter last year, the business earned $0.90 earnings per share. Ball has set its FY 2026 guidance at 3.930- EPS. Research analysts predict that Ball Corporation will post 4.01 earnings per share for the current year.

Ball Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Tuesday, September 1st. Ball’s dividend payout ratio is presently 22.66%.

Insider Activity at Ball

In related news, SVP Mandy Glew sold 5,626 shares of the firm’s 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 approximately $459,934.20. This trade represents a 43.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. JPMorgan Chase & Co. upgraded Ball from a “neutral” rating to an “overweight” rating and set a $65.00 price objective on the stock in a research note on Friday, September 18th. UBS Group reduced their price objective on Ball from $66.00 to $63.00 and set a “neutral” rating for the company in a report on Monday, October 5th. Mizuho set a $72.00 target price on Ball in a research report on Wednesday, August 5th. Bank of America raised their target price on Ball from $70.00 to $73.00 and gave the stock a “buy” rating in a research report on Tuesday, July 14th. Finally, Citigroup lowered Ball from a “buy” rating to a “reduce” rating in a research note on Wednesday, August 5th. Ten analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $71.15.

About Ball

Ball Corporation (NYSE: BALL) is a global packaging company that develops and manufactures sustainable aluminum packaging products. Its portfolio primarily includes aluminum beverage cans and bottles, aerosol containers, and other specialty packaging used by beverage, personal care, household and food companies. Ball also produces aluminum cups and related packaging solutions designed to support recycling and reduce reliance on single-use plastic.

Founded in 1880 by the Ball brothers, the company originally became known for glass home-canning jars before expanding into metal packaging.