Ball Corporation $BALL Shares Newly Acquired by NFSG Corp

NFSG Corp purchased a new position in Ball Corporation (NYSE:BALL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 19,024 shares of the company’s stock, valued at approximately $1,066,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BALL. State of Alaska Department of Revenue grew its stake in Ball by 173.0% in the 3rd quarter. State of Alaska Department of Revenue now owns 71,213 shares of the company’s stock worth $3,990,000 after acquiring an additional 45,125 shares in the last quarter. Mather Group LLC. increased its position in shares of Ball by 164.5% during the third quarter. Mather Group LLC. now owns 3,795 shares of the company’s stock worth $213,000 after acquiring an additional 2,360 shares during the period. Triumph Capital Management raised its stake in shares of Ball by 150.4% during the third quarter. Triumph Capital Management now owns 1,252 shares of the company’s stock valued at $70,000 after acquiring an additional 752 shares in the last quarter. Krilogy Financial LLC raised its stake in shares of Ball by 14.6% during the third quarter. Krilogy Financial LLC now owns 8,085 shares of the company’s stock valued at $453,000 after acquiring an additional 1,030 shares in the last quarter. Finally, Fragasso Financial Advisors Inc raised its stake in shares of Ball by 15.1% during the third quarter. Fragasso Financial Advisors Inc now owns 5,212 shares of the company’s stock valued at $305,000 after acquiring an additional 683 shares in the last quarter. Institutional investors own 86.51% of the company’s stock.

Ball Stock Up 3.8%

Shares of Ball stock opened at $62.74 on Friday. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.07 and a quick ratio of 0.66. Ball Corporation has a 1 year low of $44.83 and a 1 year high of $68.29. The firm’s 50-day moving average is $60.68 and its two-hundred day moving average is $60.21. The stock has a market cap of $16.61 billion, a price-to-earnings ratio of 17.77, a PEG ratio of 1.15 and a beta of 0.96.

Ball (NYSE:BALL) last posted its earnings results on Tuesday, August 4th. The company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.99 by $0.04. Ball had a net margin of 6.61% and a return on equity of 18.76%. The business had revenue of $4 billion for the quarter, compared to the consensus estimate of $3.69 billion. During the same quarter last year, the firm posted $0.90 EPS. The company’s revenue for the quarter 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 expect that Ball Corporation will post 4.01 earnings per share for the current fiscal year.

Ball Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Mizuho set a $72.00 price target on Ball in a report on Wednesday, August 5th. Bank of America raised their price objective on Ball from $70.00 to $73.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. Truist Financial set a $78.00 price objective on Ball in a report on Wednesday, August 5th. Wells Fargo & Company lifted their target price on Ball from $71.00 to $72.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Finally, Citigroup cut Ball from a “buy” rating to a “reduce” rating in a report on Wednesday, August 5th. Ten equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $71.15.

Insider Activity

In related news, SVP Mandy Glew sold 5,626 shares of Ball stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $63.80, for a total transaction of $358,938.80. Following the transaction, the senior vice president directly owned 7,209 shares of the company’s stock, valued at $459,934.20. This trade represents a 43.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.58% of the company’s stock.

Ball Profile

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.