Deprince Race & Zollo Inc. Has $25.14 Million Holdings in Ball Corporation $BALL

Deprince Race & Zollo Inc. trimmed its position in shares of Ball Corporation (NYSE:BALL) by 4.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 425,218 shares of the company’s stock after selling 18,899 shares during the quarter. Deprince Race & Zollo Inc. owned approximately 0.16% of Ball worth $25,135,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Teacher Retirement System of Texas increased its stake in shares of Ball by 58.7% during the 4th quarter. Teacher Retirement System of Texas now owns 262,973 shares of the company’s stock worth $13,930,000 after purchasing an additional 97,264 shares during the last quarter. Independent Advisor Alliance raised its holdings in shares of Ball by 276.5% during the 4th quarter. Independent Advisor Alliance now owns 35,654 shares of the company’s stock valued at $1,889,000 after purchasing an additional 26,184 shares in the last quarter. Mizuho Markets Cayman LP acquired a new stake in shares of Ball in the 4th quarter valued at $26,485,000. AIA Group Ltd acquired a new stake in shares of Ball in the 3rd quarter valued at $618,000. Finally, First Merchants Corp lifted its stake in shares of Ball by 125.9% in the 4th quarter. First Merchants Corp now owns 75,609 shares of the company’s stock valued at $4,005,000 after purchasing an additional 42,134 shares during the last quarter. Institutional investors own 86.51% of the company’s stock.

Ball Price Performance

NYSE BALL opened at $61.66 on Thursday. The company has a current ratio of 1.12, a quick ratio of 0.72 and a debt-to-equity ratio of 1.25. The company has a fifty day simple moving average of $57.82 and a 200 day simple moving average of $58.99. The company has a market cap of $16.42 billion, a P/E ratio of 17.82, a P/E/G ratio of 1.22 and a beta of 0.98. Ball Corporation has a 1 year low of $44.83 and a 1 year high of $68.29.

Ball (NYSE:BALL) last posted its earnings results on Tuesday, May 5th. The company reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.09. The business had revenue of $3.60 billion for the quarter, compared to analyst estimates of $3.34 billion. Ball had a net margin of 6.86% and a return on equity of 18.69%. Ball’s revenue was up 16.3% compared to the same quarter last year. During the same period last year, the business posted $0.76 EPS. Ball has set its FY 2026 guidance at 3.930- EPS. On average, sell-side analysts predict that Ball Corporation will post 3.99 EPS for the current year.

Ball Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, June 1st. Ball’s dividend payout ratio (DPR) is currently 23.12%.

Wall Street Analyst Weigh In

Several equities analysts have commented on BALL shares. Raymond James Financial set a $73.00 target price on shares of Ball and gave the stock an “outperform” rating in a research report on Tuesday, April 21st. Citigroup reduced their price target on Ball from $74.00 to $73.00 and set a “buy” rating for the company in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft initiated coverage on Ball in a research note on Wednesday, April 1st. They set a “buy” rating and a $72.00 price target for the company. Truist Financial increased their price objective on Ball from $75.00 to $77.00 and gave the company a “buy” rating in a report on Wednesday, April 15th. Finally, Weiss Ratings raised Ball from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Ball has a consensus rating of “Moderate Buy” and an average price target of $69.54.

Ball Company 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.