Ball Corporation (NYSE:BALL) Given Consensus Rating of “Moderate Buy” by Brokerages

Ball Corporation (NYSE:BALL) has earned an average rating of “Moderate Buy” from the thirteen analysts that are presently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $69.5385.

A number of research firms recently weighed in on BALL. Raymond James Financial set a $73.00 target price on shares of Ball and gave the stock an “outperform” rating in a research note on Tuesday, April 21st. Wells Fargo & Company boosted their price target on shares of Ball from $70.00 to $71.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. JPMorgan Chase & Co. raised shares of Ball from a “neutral” rating to an “overweight” rating and set a $60.00 price objective on the stock in a research report on Monday, May 18th. Weiss Ratings upgraded shares of Ball from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ball in a research report on Friday, April 17th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Price T Rowe Associates Inc. MD increased its holdings in shares of Ball by 5.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 18,886,681 shares of the company’s stock valued at $1,000,429,000 after acquiring an additional 999,690 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its stake in Ball by 3.8% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 7,225,631 shares of the company’s stock worth $382,742,000 after purchasing an additional 266,238 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Ball by 6.0% in the first quarter. Dimensional Fund Advisors LP now owns 5,999,409 shares of the company’s stock valued at $354,605,000 after purchasing an additional 340,677 shares in the last quarter. Boston Partners boosted its holdings in Ball by 24.2% in the fourth quarter. Boston Partners now owns 4,739,044 shares of the company’s stock valued at $251,057,000 after purchasing an additional 922,747 shares in the last quarter. Finally, Invesco Ltd. increased its stake in Ball by 14.9% in the third quarter. Invesco Ltd. now owns 4,651,348 shares of the company’s stock valued at $234,521,000 after purchasing an additional 602,137 shares during the last quarter. 86.51% of the stock is owned by institutional investors and hedge funds.

Ball Trading Up 2.6%

BALL opened at $63.35 on Friday. The business has a fifty day moving average price of $57.82 and a 200 day moving average price of $59.08. 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 has a 12 month low of $44.83 and a 12 month high of $68.29. The stock has a market capitalization of $16.87 billion, a price-to-earnings ratio of 18.31, a PEG ratio of 1.20 and a beta of 0.98.

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

Ball Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a $0.20 dividend. The ex-dividend date 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 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.