Rep. Jefferson Shreve Purchases Shares of Ball Co. (NYSE:BALL)

Posted by George Bondi on May 12th, 2025

Representative Jefferson Shreve (R-Indiana) recently bought shares of Ball Co. (NYSE:BALL). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in Ball stock on April 7th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

Purchased $50,001 – $100,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 4/17/2025.
Purchased $50,001 – $100,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of Caterpillar (NYSE:CAT) on 4/17/2025.
Sold $15,001 – $50,000 in shares of Lululemon Athletica (NASDAQ:LULU) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of Western Digital (NASDAQ:WDC) on 4/17/2025.
Sold $15,001 – $50,000 in shares of Zoetis (NYSE:ZTS) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of Ross Stores (NASDAQ:ROST) on 4/17/2025.

Ball Trading Up 0.8%

BALL stock opened at $52.18 on Monday. The company has a market capitalization of $14.48 billion, a PE ratio of 4.12, a price-to-earnings-growth ratio of 1.24 and a beta of 1.10. Ball Co. has a one year low of $43.51 and a one year high of $70.97. The company’s 50 day moving average price is $50.26 and its two-hundred day moving average price is $54.18. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.69 and a current ratio of 1.00.

Ball (NYSE:BALL – Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.69 by $0.07. The firm had revenue of $3.10 billion for the quarter, compared to the consensus estimate of $2.91 billion. Ball had a net margin of 33.98% and a return on equity of 16.17%. The business’s revenue was up 7.8% compared to the same quarter last year. During the same period last year, the firm posted $0.68 earnings per share. As a group, analysts predict that Ball Co. will post 3.48 earnings per share for the current fiscal year.

Ball Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 2nd will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.53%. The ex-dividend date is Monday, June 2nd. Ball’s dividend payout ratio (DPR) is presently 47.62%.

Ball declared that its board has approved a stock repurchase program on Wednesday, January 29th that allows the company to buyback $4.00 billion in outstanding shares. This buyback authorization allows the company to purchase up to 24.2% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Institutional Trading of Ball

Several large investors have recently added to or reduced their stakes in BALL. Norges Bank bought a new stake in Ball in the fourth quarter valued at $190,105,000. Raymond James Financial Inc. bought a new stake in shares of Ball during the 4th quarter valued at $94,861,000. London Co. of Virginia boosted its holdings in shares of Ball by 61.1% during the 4th quarter. London Co. of Virginia now owns 3,054,393 shares of the company’s stock valued at $168,389,000 after buying an additional 1,158,668 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its holdings in shares of Ball by 359.3% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 1,184,629 shares of the company’s stock valued at $60,299,000 after buying an additional 926,728 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Ball by 25.3% during the 4th quarter. Invesco Ltd. now owns 4,159,436 shares of the company’s stock valued at $229,310,000 after buying an additional 840,357 shares in the last quarter. Institutional investors own 86.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on BALL shares. Robert W. Baird decreased their target price on shares of Ball from $70.00 to $63.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 5th. Morgan Stanley decreased their target price on shares of Ball from $75.00 to $70.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. Truist Financial decreased their target price on shares of Ball from $65.00 to $58.00 and set a “buy” rating on the stock in a research note on Tuesday, April 22nd. Mizuho decreased their target price on shares of Ball from $63.00 to $58.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 15th. Finally, Barclays decreased their target price on shares of Ball from $72.00 to $61.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 6th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Ball presently has a consensus rating of “Moderate Buy” and an average price target of $61.40.

Read Our Latest Analysis on Ball

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About Ball

(Get Free Report)

Ball Corporation supplies aluminum packaging products for the beverage, personal care, and household products industries in the United States, Brazil, and internationally. The company manufactures and sells aluminum beverage containers to fillers of carbonated soft drinks, beer, energy drinks, and other beverages.