Jefferies Financial Group Inc. Buys 9,931 Shares of Ball Corporation $BALL

Jefferies Financial Group Inc. increased its stake in shares of Ball Corporation (NYSE:BALL) by 86.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,457 shares of the company’s stock after buying an additional 9,931 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Ball were worth $1,137,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of BALL. AQR Capital Management LLC lifted its position in shares of Ball by 1,465.3% during the 2nd quarter. AQR Capital Management LLC now owns 1,314,786 shares of the company’s stock worth $73,746,000 after buying an additional 1,230,791 shares during the period. Man Group plc raised its position in Ball by 141.3% in the 3rd quarter. Man Group plc now owns 1,248,500 shares of the company’s stock valued at $62,949,000 after purchasing an additional 731,076 shares during the last quarter. Bank of America Corp DE raised its position in Ball by 55.1% in the 2nd quarter. Bank of America Corp DE now owns 2,055,094 shares of the company’s stock valued at $115,270,000 after purchasing an additional 730,462 shares during the last quarter. Invesco Ltd. raised its position in shares of Ball by 14.9% during the third quarter. Invesco Ltd. now owns 4,651,348 shares of the company’s stock worth $234,521,000 after acquiring an additional 602,137 shares during the last quarter. Finally, Mizuho Markets Cayman LP bought a new stake in shares of Ball during the fourth quarter worth $26,485,000. Institutional investors own 86.51% of the company’s stock.

Insider Activity

In related news, SVP Fauze Villatoro purchased 1,551 shares of the business’s stock in a transaction on Wednesday, March 4th. The stock was acquired at an average price of $64.51 per share, for a total transaction of $100,055.01. Following the purchase, the senior vice president owned 13,778 shares of the company’s stock, valued at approximately $888,818.78. This trade represents a 12.69% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Kathleen Pitre sold 10,660 shares of Ball stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $66.63, for a total value of $710,275.80. Following the transaction, the senior vice president owned 36,772 shares of the company’s stock, valued at $2,450,118.36. This trade represents a 22.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.58% of the company’s stock.

Ball Trading Down 0.5%

Shares of BALL stock opened at $56.21 on Friday. The stock’s fifty day moving average price is $59.51 and its two-hundred day moving average price is $57.47. The company has a market cap of $14.96 billion, a PE ratio of 16.24, a P/E/G ratio of 1.10 and a beta of 1.06. Ball Corporation has a fifty-two week low of $44.83 and a fifty-two week high of $68.29. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.72 and a current ratio of 1.12.

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

Ball Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on BALL. Robert W. Baird set a $75.00 price objective on Ball in a research note on Wednesday, February 4th. Raymond James Financial set a $73.00 target price on Ball and gave the company an “outperform” rating in a research note on Tuesday, April 21st. Mizuho upped their price objective on Ball from $58.00 to $70.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft began coverage on Ball in a research report on Wednesday, April 1st. They set a “buy” rating and a $72.00 price target for the company. Finally, Jefferies Financial Group increased their price target on Ball from $64.00 to $71.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Ten equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Ball presently has an average rating of “Moderate Buy” and a consensus target price 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.