State of Alaska Department of Revenue boosted its stake in Ball Corporation (NYSE:BALL – Free Report) by 173.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 71,213 shares of the company’s stock after purchasing an additional 45,125 shares during the quarter. State of Alaska Department of Revenue’s holdings in Ball were worth $3,990,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also added to or reduced their stakes in the stock. Basecamp Wealth Advisors LLC grew its holdings in Ball by 135.0% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $28,000 after buying an additional 274 shares in the last quarter. Ancora Advisors LLC bought a new stake in shares of Ball during the second quarter valued at about $30,000. Trust Co. of Vermont purchased a new stake in shares of Ball in the second quarter worth about $37,000. Parkside Financial Bank & Trust lifted its holdings in shares of Ball by 29.8% in the second 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. Finally, Root Financial Partners LLC lifted its holdings in shares of Ball by 94.8% in the first quarter. Root Financial Partners LLC now owns 1,054 shares of the company’s stock worth $62,000 after buying an additional 513 shares in the last quarter. Institutional investors own 86.51% of the company’s stock.
Ball News Summary
Here are the key news stories impacting Ball this week:
- Positive Sentiment: Zacks Research raised its EPS forecasts for Ball’s third quarter of 2026, full-year 2026, second quarter of 2027 and fourth quarter of 2027 by $0.01 each. The firm also increased its 2028 forecasts, including full-year EPS to $4.98 from $4.96. These revisions suggest slightly improved expectations for Ball’s earnings trajectory. Ball Corporation analyst estimates
- Positive Sentiment: The upward revisions reinforce the company’s recent earnings momentum: Ball’s latest reported quarter exceeded analyst expectations on both revenue and EPS, with revenue growth of nearly 20% year over year. The current consensus forecast remains approximately $4.01 EPS for the fiscal year.
- Neutral Sentiment: The estimate changes are small, so they are more likely to provide incremental support than trigger a major revaluation. Ball was recently trading near $63, above its 50-day and 200-day moving averages, indicating a relatively constructive technical backdrop.
- Negative Sentiment: Zacks Research lowered its fourth-quarter 2026 EPS forecast to $0.96 from $0.97 and cut its third-quarter 2027 estimate to $1.16 from $1.18. The reductions suggest some near-term or mid-cycle pressure despite the improved longer-term outlook.
Wall Street Analyst Weigh In
BALL has been the subject of a number of analyst reports. UBS Group cut their price objective on shares of Ball from $66.00 to $63.00 and set a “neutral” rating for the company in a research report on Monday, October 5th. Bank of America upped their target price on shares of Ball from $70.00 to $73.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. JPMorgan Chase & Co. raised shares of 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. Truist Financial set a $78.00 target price on shares of Ball in a research note on Wednesday, August 5th. Finally, Citigroup downgraded shares of 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. According to MarketBeat.com, Ball currently has an average rating of “Moderate Buy” and an average price target of $71.15.
Check Out Our Latest Stock Report on Ball
Insiders Place Their Bets
In related news, SVP Mandy Glew sold 5,626 shares of the firm’s 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 sale, 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 document filed with the SEC, which is available through the SEC website. 0.58% of the stock is owned by corporate insiders.
Ball Price Performance
Shares of NYSE BALL opened at $63.12 on Friday. The firm has a market capitalization of $16.71 billion, a P/E ratio of 17.88, a P/E/G ratio of 1.20 and a beta of 0.96. 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 stock’s 50-day simple moving average is $60.67 and its two-hundred day simple moving average is $60.23. Ball Corporation has a twelve month low of $44.83 and a twelve month high of $68.29.
Ball (NYSE:BALL – Get Free Report) last issued its quarterly earnings results 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 firm 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 company’s revenue for the quarter was up 19.7% on a year-over-year basis. During the same quarter last year, the company posted $0.90 EPS. Ball has set its FY 2026 guidance at 3.930- EPS. As a group, equities analysts anticipate that Ball Corporation will post 4.01 EPS for the current fiscal year.
Ball Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Tuesday, September 1st. Ball’s dividend payout ratio (DPR) is currently 22.66%.
About Ball
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.
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