Entropy Technologies LP Boosts Stock Position in Ball Corporation $BALL

Entropy Technologies LP raised its stake in Ball Corporation (NYSE:BALL) by 42.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 69,764 shares of the company’s stock after purchasing an additional 20,776 shares during the period. Entropy Technologies LP’s holdings in Ball were worth $3,695,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BALL. Brighton Jones LLC grew its stake in shares of Ball by 41.2% during the fourth quarter. Brighton Jones LLC now owns 5,245 shares of the company’s stock worth $289,000 after acquiring an additional 1,531 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Ball by 402.8% during the first quarter. AQR Capital Management LLC now owns 83,995 shares of the company’s stock worth $4,356,000 after acquiring an additional 67,289 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Ball by 10.6% during the first quarter. Empowered Funds LLC now owns 6,167 shares of the company’s stock worth $321,000 after acquiring an additional 590 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Ball during the second quarter worth about $453,000. Finally, Jump Financial LLC purchased a new stake in shares of Ball during the second quarter worth about $696,000. Hedge funds and other institutional investors own 86.51% of the company’s stock.

Ball Trading Down 0.1%

Ball stock opened at $56.93 on Monday. The company has a current ratio of 1.12, a quick ratio of 0.72 and a debt-to-equity ratio of 1.25. Ball Corporation has a 12 month low of $44.83 and a 12 month high of $68.29. The stock’s 50 day simple moving average is $58.41 and its two-hundred day simple moving average is $57.97. The firm has a market cap of $15.16 billion, a PE ratio of 16.45, a P/E/G ratio of 1.11 and a beta of 1.01.

Ball (NYSE:BALL) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.85 by $0.09. Ball had a return on equity of 18.69% and a net margin of 6.86%.The business had revenue of $3.60 billion for the quarter, compared to analyst estimates of $3.34 billion. During the same quarter in the prior year, the firm posted $0.76 EPS. The business’s quarterly revenue was up 16.3% compared to the same quarter last year. Ball has set its FY 2026 guidance at 3.930- EPS. Analysts anticipate that Ball Corporation will post 3.99 earnings per share for the current year.

Ball Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Monday, June 1st will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.4%. The ex-dividend date is Monday, June 1st. Ball’s dividend payout ratio is currently 23.12%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Raymond James Financial set a $73.00 price target on Ball and gave the stock an “outperform” rating in a research note on Tuesday, April 21st. JPMorgan Chase & Co. upgraded Ball from a “neutral” rating to an “overweight” rating and set a $60.00 target price on the stock in a research report on Monday, May 18th. Weiss Ratings lowered Ball from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. Wells Fargo & Company upped their target price on Ball from $70.00 to $71.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Finally, Citigroup dropped their target price on Ball from $74.00 to $73.00 and set a “buy” rating on the stock in a research report on Monday, April 13th. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $69.54.

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.