Epoch Investment Partners Inc. Decreases Stock Holdings in Ball Corporation $BALL

Epoch Investment Partners Inc. trimmed its stake in shares of Ball Corporation (NYSE:BALL) by 41.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,851 shares of the company’s stock after selling 16,092 shares during the period. Epoch Investment Partners Inc.’s holdings in Ball were worth $1,210,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in BALL. GoalVest Advisory LLC purchased a new position in shares of Ball during the fourth quarter valued at approximately $25,000. Board of the Pension Protection Fund purchased a new position in shares of Ball during the fourth quarter valued at approximately $26,000. Triumph Capital Management purchased a new position in shares of Ball during the third quarter valued at approximately $26,000. Gilpin Wealth Management LLC purchased a new position in shares of Ball during the fourth quarter valued at approximately $29,000. Finally, Harbour Investments Inc. raised its holdings in shares of Ball by 44.1% during the fourth quarter. Harbour Investments Inc. now owns 725 shares of the company’s stock valued at $38,000 after purchasing an additional 222 shares during the last quarter. 86.51% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on BALL. Raymond James Financial set a $73.00 price objective on shares of Ball and gave the company an “outperform” rating in a report on Tuesday, April 21st. UBS Group cut their target price on shares of Ball from $66.00 to $64.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Truist Financial boosted their target price on shares of Ball from $75.00 to $77.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Ball in a research report on Wednesday, April 1st. They set a “buy” rating and a $72.00 target price for the company. Finally, JPMorgan Chase & Co. upgraded shares of Ball from a “neutral” rating to an “overweight” rating and set a $60.00 target price for the company in a research report on Monday, May 18th. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $69.54.

Ball Stock Performance

Shares of NYSE BALL opened at $57.27 on Tuesday. The firm has a 50 day moving average of $58.36 and a 200 day moving average of $58.03. 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 firm has a market capitalization of $15.25 billion, a price-to-earnings ratio of 16.55, a price-to-earnings-growth ratio of 1.11 and a beta of 1.01. Ball Corporation has a 12-month low of $44.83 and a 12-month high of $68.29.

Ball (NYSE:BALL) last announced its earnings results 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. The company had revenue of $3.60 billion during 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%. The firm’s quarterly revenue was up 16.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.76 earnings per share. Ball has set its FY 2026 guidance at 3.930- EPS. On average, research analysts anticipate that Ball Corporation will post 3.99 earnings per share for the current year.

Ball Announces Dividend

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

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.