Arwa LLC Invests $501,000 in Ball Corporation $BALL

Arwa LLC acquired a new position in shares of Ball Corporation (NYSE:BALL) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 9,454 shares of the company’s stock, valued at approximately $501,000.

Other institutional investors also recently added to or reduced their stakes in the company. MidFirst Bank bought a new stake in shares of Ball in the 4th quarter valued at about $1,869,000. DiPaolo Financial Group Inc. bought a new position in shares of Ball during the 4th quarter worth approximately $390,000. Kera Capital Partners Inc. purchased a new stake in Ball during the fourth quarter valued at approximately $387,000. Talisman Wealth Advisors LLC acquired a new stake in Ball in the fourth quarter valued at approximately $606,000. Finally, T. Rowe Price Investment Management Inc. boosted its stake in Ball by 3.8% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 7,225,631 shares of the company’s stock valued at $382,742,000 after acquiring an additional 266,238 shares in the last quarter. Institutional investors own 86.51% of the company’s stock.

Ball Price Performance

NYSE BALL opened at $57.79 on Friday. The company has a market cap of $15.39 billion, a price-to-earnings ratio of 16.70, a PEG ratio of 1.13 and a beta of 1.01. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.12 and a quick ratio of 0.72. The stock’s fifty day moving average price is $58.17 and its 200 day moving average price is $58.20. Ball Corporation has a 1 year low of $44.83 and a 1 year high of $68.29.

Ball (NYSE:BALL) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.94 earnings per share for the quarter, beating 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 the consensus estimate of $3.34 billion. During the same quarter in the previous year, the business earned $0.76 EPS. The company’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. As a group, equities research analysts forecast that Ball Corporation will post 3.99 earnings per share for the current year.

Ball Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a $0.20 dividend. The ex-dividend date was Monday, June 1st. This represents a $0.80 dividend on an annualized basis and a yield of 1.4%. Ball’s dividend payout ratio is currently 23.12%.

Analysts Set New Price Targets

Several research firms have issued reports on BALL. Raymond James Financial set a $73.00 price target on shares of Ball and gave the stock an “outperform” rating in a report on Tuesday, April 21st. Wells Fargo & Company raised their price objective on Ball from $70.00 to $71.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft started coverage on Ball in a research report on Wednesday, April 1st. They issued a “buy” rating and a $72.00 price objective for the company. Truist Financial upped their target price on Ball from $75.00 to $77.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Finally, Citigroup decreased their price target on Ball from $74.00 to $73.00 and set a “buy” rating for the company in a research note on Monday, April 13th. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Ball currently has an average rating of “Moderate Buy” and an average target price of $69.54.

Ball 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.