Ball Corporation $BALL Shares Acquired by Toth Financial Advisory Corp

Toth Financial Advisory Corp increased its position in shares of Ball Corporation (NYSE:BALL) by 22.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 131,910 shares of the company’s stock after purchasing an additional 24,186 shares during the quarter. Toth Financial Advisory Corp’s holdings in Ball were worth $8,231,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Mufg Securities Americas Inc. raised its holdings in shares of Ball by 8.1% during the second quarter. Mufg Securities Americas Inc. now owns 8,019 shares of the company’s stock worth $500,000 after purchasing an additional 604 shares during the period. Beacon Pointe Advisors LLC acquired a new position in shares of Ball in the 2nd quarter valued at about $325,000. Kimelman & Baird LLC bought a new stake in shares of Ball during the 2nd quarter valued at about $329,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in Ball during the second quarter worth about $166,000. Finally, Empowered Funds LLC acquired a new stake in Ball during the second quarter worth about $665,000. Institutional investors own 86.51% of the company’s stock.

Insider Transactions at Ball

In related news, SVP Mandy Glew sold 5,626 shares of the stock in a transaction dated 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 owned 7,209 shares in the company, valued at $459,934.20. This represents a 43.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.58% of the stock is owned by corporate insiders.

Ball Stock Up 0.5%

BALL opened at $63.69 on Friday. The stock’s 50 day moving average price is $62.71 and its 200 day moving average price is $61.21. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.07 and a quick ratio of 0.66. The stock has a market cap of $16.86 billion, a P/E ratio of 18.04, a P/E/G ratio of 1.22 and a beta of 0.98. Ball Corporation has a 12 month low of $44.83 and a 12 month high of $68.29.

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

Ball Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be issued a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.80 annualized dividend and a yield of 1.3%. Ball’s dividend payout ratio is presently 22.66%.

Analyst Ratings Changes

BALL has been the topic of a number of research reports. Mizuho set a $72.00 price target on Ball in a research report on Wednesday, August 5th. Wells Fargo & Company boosted their price objective on Ball from $71.00 to $72.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Royal Bank Of Canada upped their price objective on Ball from $75.00 to $77.00 and gave the stock an “outperform” rating in a research note on Thursday, July 9th. Weiss Ratings upgraded Ball from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 30th. Finally, UBS Group upped their price target on shares of Ball from $65.00 to $66.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 5th. Eight research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $71.69.

Ball Company Profile

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.