Ball Corporation $BALL Shares Purchased by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC raised its holdings in shares of Ball Corporation (NYSE:BALL) by 129.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,652 shares of the company’s stock after purchasing an additional 11,091 shares during the period. Chicago Partners Investment Group LLC’s holdings in Ball were worth $1,232,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. GoalVest Advisory LLC acquired a new position in shares of Ball in the 4th quarter valued at about $25,000. Board of the Pension Protection Fund acquired a new stake in Ball during the fourth quarter worth about $26,000. Triumph Capital Management bought a new position in Ball in the third quarter worth about $26,000. Gilpin Wealth Management LLC bought a new position in Ball in the fourth quarter worth about $29,000. Finally, Harbour Investments Inc. boosted its stake in Ball by 44.1% in the fourth quarter. Harbour Investments Inc. now owns 725 shares of the company’s stock valued at $38,000 after acquiring an additional 222 shares during the period. 86.51% of the stock is owned by institutional investors and hedge funds.

Ball Stock Performance

BALL stock opened at $60.79 on Thursday. The company has a market capitalization of $16.19 billion, a P/E ratio of 17.57, a PEG ratio of 1.17 and a beta of 0.98. The company has a 50-day simple moving average of $57.96 and a 200 day simple moving average of $59.68. Ball Corporation has a fifty-two week low of $44.83 and a fifty-two week high of $68.29. The company has a quick ratio of 0.72, a current ratio of 1.12 and a debt-to-equity ratio of 1.25.

Ball (NYSE:BALL) last issued its quarterly 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. Ball had a return on equity of 18.69% and a net margin of 6.86%.The firm had revenue of $3.60 billion during the quarter, compared to analyst estimates of $3.34 billion. During the same period last year, the company posted $0.76 EPS. The firm’s quarterly revenue was up 16.3% on a year-over-year basis. Ball has set its FY 2026 guidance at 3.930- EPS. Sell-side analysts predict that Ball Corporation will post 3.99 earnings per share for the current fiscal year.

Ball Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Monday, June 1st were issued a dividend of $0.20 per share. The ex-dividend date was Monday, June 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.3%. Ball’s payout ratio is currently 23.12%.

Analyst Ratings Changes

Several research firms have recently commented on BALL. Raymond James Financial set a $73.00 target price on Ball and gave the company an “outperform” rating in a report on Tuesday, April 21st. Wells Fargo & Company raised their price target on Ball from $70.00 to $71.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Citigroup reduced their price objective on Ball from $73.00 to $72.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. Truist Financial upped their price objective on Ball from $75.00 to $77.00 and gave the stock a “buy” rating in a research note on Wednesday, April 15th. Finally, JPMorgan Chase & Co. raised 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. Ten research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Ball presently has a consensus rating of “Moderate Buy” and a consensus target price of $70.85.

Ball News Summary

Here are the key news stories impacting Ball this week:

• Positive Sentiment: Bank of America raised its price target on Ball Corporation (BALL) to $73 from $70 and reiterated a Buy rating, signaling confidence in further upside from current levels. Bank of America Raises Ball Price Target
• Positive Sentiment: Analysts highlighted Ball (BALL) as a potential earnings-growth winner, citing improving profit expectations and rising estimates ahead of the next reporting period. Zacks Earnings Growth Article
• Positive Sentiment: Another Zacks note said Ball (BALL) screens as a strong long-term value stock, which may attract value-oriented investors looking for quality names with favorable style-score characteristics. Zacks Value Stock Article
• Positive Sentiment: Barchart reported that analysts expect Ball Corporation’s next quarterly earnings to show a double-digit profit increase, reinforcing optimism ahead of the upcoming report. Barchart Earnings Preview
• Neutral Sentiment: Several unrelated articles about LaMelo Ball in the sports media are not connected to Ball Corporation (BALL) and likely have no impact on the 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.