Ball Corporation $BALL Shares Sold by Van ECK Associates Corp

Key Points

• Van ECK Associates cut its Ball stake by 66.6% in the second quarter, selling 85,109 shares and retaining 42,605 shares valued at approximately $2.66 million. Institutional investors still own 86.51% of the company.
• Ball reported quarterly EPS of $1.03, beating estimates of $0.99, while revenue rose 19.7% year over year to $4 billion. Analysts expect about $4.01 in EPS for the current year.
• The stock recently traded near $62.97, while analysts maintained a “Moderate Buy” consensus and an average price target of $71.69. Ball also declared a quarterly dividend of $0.20 per share, yielding about 1.3% annually.

Van ECK Associates Corp lowered its stake in Ball Corporation (NYSE:BALL - Free Report) by 66.6% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 42,605 shares of the company's stock after selling 85,109 shares during the period. Van ECK Associates Corp's holdings in Ball were worth $2,659,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Basecamp Wealth Advisors LLC increased its holdings in shares of Ball by 135.0% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 477 shares of the company's stock valued at $28,000 after acquiring an additional 274 shares during the last quarter. Ancora Advisors LLC acquired a new stake in shares of Ball during the second quarter worth $30,000. Triumph Capital Management bought a new position in shares of Ball in the 3rd quarter worth about $26,000. Gilpin Wealth Management LLC bought a new position in shares of Ball in the 4th quarter worth about $29,000. Finally, Trust Co. of Vermont acquired a new position in shares of Ball in the 2nd quarter valued at about $37,000. Institutional investors own 86.51% of the company's stock.

Insider Activity

In related news, SVP Mandy Glew sold 5,626 shares of the stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $63.80, for a total value of $358,938.80. Following the completion of the transaction, the senior vice president directly owned 7,209 shares of the company's stock, valued at $459,934.20. This represents a 43.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.58% of the company's stock.

Key Stories Impacting Ball

Here are the key news stories impacting Ball this week:

• Positive Sentiment: Zacks Research slightly increased its Q2 2028 EPS estimate to $1.24 from $1.23 and its FY2028 forecast to $4.96 from $4.95, suggesting modest confidence in Ball’s longer-term earnings trajectory. MarketBeat Ball analyst estimates
• Neutral Sentiment: Analysts remain broadly aligned around $4.01 in current-year EPS, while Zacks’ estimates imply earnings growth to $4.52 in FY2027 and $4.96 in FY2028. The small size of the revisions indicates no major change in the earnings outlook. Ball stock performance since earnings report
• Negative Sentiment: Zacks Research made several minor downward revisions, cutting FY2026 EPS to $3.98 from $3.99, Q4 2026 EPS to $0.97 from $0.98, FY2027 EPS to $4.52 from $4.53 and Q4 2027 EPS to $1.23 from $1.24. These reductions may be weighing on sentiment, although they are too small to materially alter the outlook. MarketBeat Ball earnings estimates

Ball Stock Down 0.5%

BALL stock opened at $62.97 on Friday. The stock has a market cap of $16.67 billion, a PE ratio of 17.84, a price-to-earnings-growth ratio of 1.22 and a beta of 0.95. The firm's 50-day simple moving average is $62.93 and its 200 day simple moving average is $61.05. 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 0.66, a current ratio of 1.07 and a debt-to-equity ratio of 1.13.

Ball (NYSE:BALL - Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $1.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.99 by $0.04. Ball had a net margin of 6.61% and a return on equity of 18.76%. The firm had revenue of $4 billion during the quarter, compared to analyst estimates of $3.69 billion. During the same period in the previous year, the business posted $0.90 EPS. Ball's revenue was up 19.7% on a year-over-year basis. Ball has set its FY 2026 guidance at 3.930- EPS. As a group, sell-side analysts predict that Ball Corporation will post 4.01 EPS for the current year.

Ball Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a dividend of $0.20 per share. The ex-dividend date is Tuesday, September 1st. This represents a $0.80 annualized dividend and a dividend yield of 1.3%. Ball's payout ratio is currently 22.66%.

Analyst Upgrades and Downgrades

BALL has been the topic of several research reports. UBS Group increased their price objective on shares of Ball from $65.00 to $66.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 5th. Weiss Ratings upgraded Ball from a "hold (c)" rating to a "hold (c+)" rating in a research note on Tuesday, June 30th. Royal Bank Of Canada upped their target price on Ball from $75.00 to $77.00 and gave the company an "outperform" rating in a report on Thursday, July 9th. Citigroup cut Ball from a "buy" rating to a "reduce" rating in a research report on Wednesday, August 5th. Finally, Wells Fargo & Company raised their price target on Ball from $71.00 to $72.00 and gave the stock an "overweight" rating in a report on Wednesday, August 5th. Eight analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $71.69.

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.

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