Ball Corporation $BALL Shares Purchased by Boston Trust Walden Corp

Boston Trust Walden Corp grew its position in shares of Ball Corporation (NYSE:BALL) by 567.8% during the 1st quarter, Holdings Channel reports. The firm owned 659,491 shares of the company’s stock after purchasing an additional 560,734 shares during the period. Boston Trust Walden Corp’s holdings in Ball were worth $38,983,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. GoalVest Advisory LLC acquired a new position in Ball in the fourth quarter worth approximately $25,000. Board of the Pension Protection Fund acquired a new position in shares of Ball in the fourth quarter worth about $26,000. Triumph Capital Management purchased a new position in shares of Ball in the third quarter worth approximately $26,000. Gilpin Wealth Management LLC acquired a new stake in shares of Ball during the fourth quarter valued at approximately $29,000. Finally, Harbour Investments Inc. raised its holdings in shares of Ball by 44.1% during the fourth quarter. Harbour Investments Inc. now owns 725 shares of the company’s stock valued at $38,000 after acquiring an additional 222 shares during the period. Institutional investors own 86.51% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Weiss Ratings raised shares of Ball from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday. Raymond James Financial set a $73.00 target price on Ball and gave the company an “outperform” rating in a report on Tuesday, April 21st. Truist Financial raised their target price on Ball from $75.00 to $77.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. JPMorgan Chase & Co. upgraded 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. Finally, Wells Fargo & Company upped their price target on Ball from $70.00 to $71.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Ten investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $69.54.

Ball Stock Down 0.1%

BALL stock opened at $63.35 on Friday. The company has a current ratio of 1.12, a quick ratio of 0.72 and a debt-to-equity ratio of 1.25. Ball Corporation has a 1 year low of $44.83 and a 1 year high of $68.29. The company has a fifty day simple moving average of $57.83 and a 200 day simple moving average of $59.11. The firm has a market cap of $16.87 billion, a PE ratio of 18.31, a PEG ratio of 1.24 and a beta of 0.98.

Ball (NYSE:BALL) last posted its earnings results on Tuesday, May 5th. The company reported $0.94 EPS for the quarter, topping 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 firm had revenue of $3.60 billion for the quarter, compared to the consensus estimate of $3.34 billion. During the same period in the prior year, the business posted $0.76 earnings per share. The business’s quarterly revenue was up 16.3% on a year-over-year basis. Ball has set its FY 2026 guidance at 3.930- EPS. Sell-side analysts anticipate that Ball Corporation will post 3.99 EPS for the current fiscal year.

Ball Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were paid a $0.20 dividend. The ex-dividend date was Monday, June 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.3%. Ball’s payout ratio 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.