Live Oak Investment Partners purchased a new stake in shares of Ball Corporation (NYSE:BALL – Free Report) during the second quarter, HoldingsChannel.com reports. The fund purchased 12,369 shares of the company’s stock, valued at approximately $772,000.
A number of other large investors have also recently made changes to their positions in the stock. Aurora Investment Counsel purchased a new position in shares of Ball during the second quarter valued at approximately $1,611,000. Bantamac Capital LLC bought a new position in Ball during the second quarter valued at approximately $686,000. NewEdge Wealth LLC purchased a new stake in Ball in the second quarter worth approximately $472,000. Danske Bank A S purchased a new stake in Ball in the second quarter worth approximately $7,889,000. Finally, Diversify Advisory Services LLC bought a new stake in Ball in the 2nd quarter worth approximately $427,000. 86.51% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities research analysts have weighed in on BALL shares. Weiss Ratings upgraded shares of Ball from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 30th. Bank of America raised their price target on Ball from $70.00 to $73.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Wells Fargo & Company upped 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. Citigroup downgraded Ball from a “buy” rating to a “reduce” rating in a report on Wednesday, August 5th. Finally, Royal Bank Of Canada raised their target price on Ball from $75.00 to $77.00 and gave the stock an “outperform” rating in a research report on Thursday, July 9th. Eight investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Ball currently has a consensus rating of “Moderate Buy” and a consensus target price of $71.69.
More Ball News
Here are the key news stories impacting Ball this week:
- Positive Sentiment: Zacks identified Ball as a strong value stock through its Style Scores system, potentially attracting investors seeking relatively inexpensive companies with favorable fundamental characteristics. Here’s Why Ball Is a Strong Value Stock
- Neutral Sentiment: Zacks Research maintained its current full-year earnings outlook at approximately $4.02 per share. Its FY2028 estimate remains $4.95 per share after a series of quarterly adjustments, indicating that the revisions are mixed rather than a broad change to the near-term consensus. Ball analyst estimates
- Negative Sentiment: Analysts lowered estimates for several periods, including Q3 and Q4 2026, Q1 and Q2 2027, Q3 2027, and Q2 2028. The largest reported reduction was to FY2028 EPS, cut to $4.95 from $5.08, while Q4 2026 EPS was reduced to $0.98 from $1.00. These cuts suggest some caution about Ball’s earnings trajectory and could weigh on investor sentiment.
- Positive Sentiment: Not all revisions were negative: Zacks raised its Q4 2027 EPS estimate to $1.24 from $1.17 and its Q1 2028 estimate to $1.30 from $1.26, signaling improved expectations for select later quarters.
Ball Stock Up 1.5%
NYSE BALL opened at $62.61 on Thursday. 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 company has a market capitalization of $16.57 billion, a P/E ratio of 17.74, a price-to-earnings-growth ratio of 1.18 and a beta of 0.98. The stock’s 50-day moving average price is $61.83 and its 200-day moving average price is $61.12.
Ball (NYSE:BALL – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.04. The company had revenue of $4 billion during the quarter, compared to the consensus estimate of $3.69 billion. Ball had a return on equity of 18.76% and a net margin of 6.61%.The firm’s revenue was up 19.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.90 EPS. Ball has set its FY 2026 guidance at 3.930- EPS. On average, equities research analysts predict that Ball Corporation will post 4.02 earnings per share for the current year.
Ball Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Tuesday, September 1st. Ball’s dividend payout ratio is presently 22.66%.
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.
Featured Stories
- Five stocks we like better than Ball
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
Want to see what other hedge funds are holding BALL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ball Corporation (NYSE:BALL – Free Report).
Receive News & Ratings for Ball Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ball and related companies with MarketBeat.com's FREE daily email newsletter.
