Boston Trust Walden Corp Boosts Position in Ball Corporation $BALL

Boston Trust Walden Corp lifted its stake in Ball Corporation (NYSE:BALL) by 567.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 659,491 shares of the company’s stock after buying an additional 560,734 shares during the period. Boston Trust Walden Corp owned approximately 0.25% of Ball worth $38,983,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. GoalVest Advisory LLC acquired a new position in shares of Ball during the fourth quarter worth about $25,000. Triumph Capital Management acquired a new stake in Ball in the third quarter valued at $26,000. Board of the Pension Protection Fund acquired a new stake in Ball in the fourth quarter valued at $26,000. Gilpin Wealth Management LLC purchased a new stake in shares of Ball during the 4th quarter worth $29,000. Finally, Harbour Investments Inc. boosted its position 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 in the last quarter. Hedge funds and other institutional investors own 86.51% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Wells Fargo & Company lifted their price target on Ball from $70.00 to $71.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Raymond James Financial set a $73.00 price objective on shares of Ball and gave the stock an “outperform” rating in a research note on Tuesday, April 21st. Citigroup dropped their price objective on Ball from $74.00 to $73.00 and set a “buy” rating for the company in a research report on Monday, April 13th. JPMorgan Chase & Co. raised shares of Ball from a “neutral” rating to an “overweight” rating and set a $60.00 target price for the company in a research note on Monday, May 18th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ball in a research note on Friday, April 17th. Ten investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $69.54.

Ball Price Performance

Shares of BALL stock opened at $63.35 on Friday. The firm has a fifty day moving average of $57.83 and a two-hundred day moving average of $59.11. The firm has a market cap of $16.87 billion, a P/E ratio of 18.31, a P/E/G ratio of 1.24 and a beta of 0.98. Ball Corporation has a 1-year low of $44.83 and a 1-year high of $68.29. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.12 and a quick ratio of 0.72.

Ball (NYSE:BALL) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.94 earnings per share (EPS) 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 firm had revenue of $3.60 billion for the quarter, compared to analysts’ expectations of $3.34 billion. During the same quarter in the prior year, the firm posted $0.76 earnings per share. Ball’s revenue for the quarter 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, research analysts anticipate that Ball Corporation will post 3.99 earnings per share for the current fiscal year.

Ball Announces Dividend

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

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.