Deutsche Bank Aktiengesellschaft Initiates Coverage on Ball (NYSE:BALL)

Research analysts at Deutsche Bank Aktiengesellschaft started coverage on shares of Ball (NYSE:BALL) in a research note issued on Wednesday, MarketBeat reports. The firm set a “buy” rating and a $72.00 price target on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 20.11% from the company’s previous close.

Several other brokerages also recently issued reports on BALL. Robert W. Baird set a $75.00 price objective on Ball in a research note on Wednesday, February 4th. JPMorgan Chase & Co. lifted their target price on Ball from $50.00 to $60.00 and gave the company a “neutral” rating in a research note on Wednesday, February 4th. Morgan Stanley set a $66.00 target price on Ball in a report on Wednesday, February 4th. Truist Financial increased their price target on shares of Ball from $69.00 to $75.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Finally, Citigroup raised their price target on shares of Ball from $67.00 to $74.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $69.00.

Ball Price Performance

Shares of NYSE:BALL opened at $59.95 on Wednesday. The company’s fifty day moving average is $62.50 and its two-hundred day moving average is $54.50. The company has a market cap of $15.96 billion, a P/E ratio of 18.06, a price-to-earnings-growth ratio of 1.20 and a beta of 1.14. Ball has a 12-month low of $43.51 and a 12-month high of $68.29. The company has a quick ratio of 0.75, a current ratio of 1.11 and a debt-to-equity ratio of 1.29.

Ball (NYSE:BALL) last issued its earnings results on Tuesday, February 3rd. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.90 by $0.01. Ball had a return on equity of 18.12% and a net margin of 6.93%.The business had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.11 billion. During the same quarter last year, the firm posted $0.84 earnings per share. Ball’s revenue was up 16.2% compared to the same quarter last year. Ball has set its FY 2026 guidance at 3.930- EPS. Equities analysts expect that Ball will post 3.48 earnings per share for the current fiscal year.

Insider Transactions at Ball

In other news, SVP Fauze Villatoro bought 1,551 shares of the stock in a transaction on Wednesday, March 4th. The shares were purchased at an average price of $64.51 per share, for a total transaction of $100,055.01. Following the completion of the purchase, the senior vice president directly owned 13,778 shares of the company’s stock, valued at $888,818.78. This trade represents a 12.69% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Kathleen Pitre sold 10,660 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $66.63, for a total value of $710,275.80. Following the completion of the transaction, the senior vice president directly owned 36,772 shares in the company, valued at approximately $2,450,118.36. The trade was a 22.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.81% of the company’s stock.

Hedge Funds Weigh In On Ball

A number of hedge funds have recently added to or reduced their stakes in BALL. Meridian Wealth Management LLC raised its position in Ball by 2.7% during the fourth quarter. Meridian Wealth Management LLC now owns 6,295 shares of the company’s stock valued at $333,000 after acquiring an additional 165 shares in the last quarter. Western Wealth Management LLC grew its position in Ball by 3.2% in the fourth quarter. Western Wealth Management LLC now owns 6,752 shares of the company’s stock worth $358,000 after acquiring an additional 208 shares in the last quarter. True Wealth Design LLC grew its position in Ball by 17.6% in the third quarter. True Wealth Design LLC now owns 1,438 shares of the company’s stock worth $73,000 after acquiring an additional 215 shares in the last quarter. Harbour Investments Inc. increased its stake in shares of Ball by 44.1% during the 4th quarter. Harbour Investments Inc. now owns 725 shares of the company’s stock worth $38,000 after purchasing an additional 222 shares during the last quarter. Finally, Independent Advisor Alliance increased its stake in shares of Ball by 2.7% during the 3rd quarter. Independent Advisor Alliance now owns 9,470 shares of the company’s stock worth $477,000 after purchasing an additional 246 shares during the last quarter. Institutional investors and hedge funds own 86.51% of the company’s stock.

About Ball

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.