36,256 Ball Corporation $BALL Shares Acquired by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. increased its stake in Ball Corporation (NYSE:BALL) by 362,560.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 36,266 shares of the company’s stock after buying an additional 36,256 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Ball were worth $2,032,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Leonteq Securities AG increased its stake in Ball by 3.6% during the 2nd quarter. Leonteq Securities AG now owns 5,415 shares of the company’s stock valued at $338,000 after buying an additional 188 shares during the period. Parkside Financial Bank & Trust raised its position in shares of Ball by 29.8% during the 2nd quarter. Parkside Financial Bank & Trust now owns 863 shares of the company’s stock worth $54,000 after buying an additional 198 shares in the last quarter. Parvin Asset Management LLC lifted its stake in shares of Ball by 19.5% in the 1st quarter. Parvin Asset Management LLC now owns 1,315 shares of the company’s stock worth $78,000 after acquiring an additional 215 shares during the period. Evelyn Partners Investment Management LLP lifted its stake in shares of Ball by 11.3% in the 1st quarter. Evelyn Partners Investment Management LLP now owns 2,144 shares of the company’s stock worth $127,000 after acquiring an additional 218 shares during the period. Finally, Cidel Asset Management Inc. lifted its stake in shares of Ball by 7.2% in the 2nd quarter. Cidel Asset Management Inc. now owns 3,690 shares of the company’s stock worth $230,000 after acquiring an additional 248 shares during the period. Institutional investors own 86.51% of the company’s stock.

Insider Activity

In other 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 value of $358,938.80. Following the transaction, the senior vice president owned 7,209 shares of the company’s stock, valued at $459,934.20. The trade was a 43.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.58% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

BALL has been the subject of several recent analyst reports. Weiss Ratings upgraded shares of Ball from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 9th. UBS Group dropped their target price on Ball from $66.00 to $63.00 and set a “neutral” rating on the stock in a report on Monday, October 5th. JPMorgan Chase & Co. raised Ball from a “neutral” rating to an “overweight” rating and set a $65.00 target price on the stock in a report on Friday, September 18th. Wells Fargo & Company cut their target price on Ball from $72.00 to $70.00 and set an “overweight” rating for the company in a research report on Monday. Finally, Royal Bank Of Canada decreased their price target on Ball from $77.00 to $73.00 and set an “outperform” rating for the company in a research note on Tuesday, October 13th. Ten analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Ball currently has a consensus rating of “Moderate Buy” and a consensus price target of $71.00.

Ball Trading Up 0.0%

Shares of BALL stock opened at $64.18 on Thursday. The stock has a 50-day simple moving average of $60.77 and a 200 day simple moving average of $60.34. The stock has a market capitalization of $16.99 billion, a P/E ratio of 18.18, a P/E/G ratio of 1.29 and a beta of 0.96. Ball Corporation has a fifty-two week low of $44.83 and a fifty-two 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.

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

Ball Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were given a dividend of $0.20 per share. The ex-dividend date was Tuesday, September 1st. This represents a $0.80 annualized dividend and a dividend yield of 1.2%. Ball’s dividend payout ratio (DPR) is 22.66%.

Ball Company Profile

Ball Corporation is a global supplier of sustainable aluminum packaging. The company primarily manufactures aluminum beverage cans, bottles and cups used by beer, soft-drink, energy-drink and other beverage companies. Its products are designed to support brand presentation, product protection and recycling throughout the packaging lifecycle.

Ball serves customers across North and South America, Europe and other international markets through a network of manufacturing facilities. The company also develops and markets aluminum packaging products for additional consumer and household applications, including its reusable and recyclable Ball Aluminum Cup.

Founded in 1880 as a manufacturer of glass containers, Ball evolved into a major producer of metal packaging and became particularly known for its aluminum beverage cans.