BlackRock Inc. Purchases New Holdings in Ball Corporation $BALL

BlackRock Inc. purchased a new position in shares of Ball Corporation (NYSE:BALL - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 21,009,466 shares of the company's stock, valued at approximately $1,310,991,000. BlackRock Inc. owned 7.94% of Ball at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Teacher Retirement System of Texas increased its stake in shares of Ball by 58.7% during the 4th quarter. Teacher Retirement System of Texas now owns 262,973 shares of the company's stock worth $13,930,000 after purchasing an additional 97,264 shares during the last quarter. Independent Advisor Alliance lifted its stake in Ball by 276.5% in the fourth quarter. Independent Advisor Alliance now owns 35,654 shares of the company's stock valued at $1,889,000 after purchasing an additional 26,184 shares during the last quarter. Mizuho Markets Cayman LP bought a new position in Ball during the fourth quarter valued at $26,485,000. International Assets Investment Management LLC bought a new position in Ball during the fourth quarter valued at $4,349,000. Finally, Swiss Life Asset Management Ltd increased its position in Ball by 70.0% in the fourth quarter. Swiss Life Asset Management Ltd now owns 86,787 shares of the company's stock worth $4,597,000 after buying an additional 35,749 shares during the last quarter. Hedge funds and other institutional investors own 86.51% of the company's stock.

More Ball News

Here are the key news stories impacting Ball this week:

• Positive Sentiment: FY2026 and FY2027 estimates edged higher. Zacks Research raised its FY2026 EPS forecast to $3.99 from $3.97 and its FY2027 forecast to $4.53 from $4.52. The FY2027 estimate is well above the current analyst consensus of $4.02 for the current year, signaling expectations for continued earnings growth.
• Positive Sentiment: Value-investing appeal may be supporting sentiment. A Zacks article identified BALL as a strong value stock based on the firm’s Style Scores, potentially attracting investors looking for a reasonably valued company with improving earnings prospects. Here's Why Ball Is a Strong Value Stock
• Neutral Sentiment: Recent earnings performance provides a favorable backdrop. Ball’s latest reported quarter exceeded analysts’ EPS and revenue expectations, with revenue rising 19.7% year over year. The stock was recently trading near $62.68, above its 50-day and 200-day moving averages, but below its 12-month high of $68.29.
• Negative Sentiment: Several quarterly forecasts were reduced. Zacks lowered estimates for Q3 and Q4 2026, Q1 through Q3 2027, and Q2 2028. The largest cited reductions included Q2 2027 EPS to $1.13 from $1.16 and Q2 2028 EPS to $1.23 from $1.25, suggesting some caution about the timing of earnings growth.
• Negative Sentiment: FY2028 expectations declined. Zacks cut its FY2028 EPS forecast to $4.95 from $5.08. Although the estimate still implies growth from FY2026 levels, the reduction may limit upside if investors focus on longer-term earnings momentum.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. UBS Group boosted their price objective on Ball from $65.00 to $66.00 and gave the company a "neutral" rating in a research note on Wednesday, August 5th. Mizuho set a $72.00 target price on Ball in a report on Wednesday, August 5th. Weiss Ratings upgraded Ball from a "hold (c)" rating to a "hold (c+)" rating in a research report on Tuesday, June 30th. JPMorgan Chase & Co. reissued a "neutral" rating and issued a $65.00 price target (up from $60.00) on shares of Ball in a report on Wednesday, August 5th. Finally, Wells Fargo & Company raised their price objective on shares of Ball from $71.00 to $72.00 and gave the company an "overweight" rating in a research report on Wednesday, August 5th. Eight research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $71.69.

Ball Price Performance

Shares of Ball stock opened at $62.68 on Friday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.66 and a current ratio of 1.07. Ball Corporation has a 52-week low of $44.83 and a 52-week high of $68.29. The company has a fifty day moving average of $61.96 and a 200-day moving average of $61.17. The stock has a market capitalization of $16.59 billion, a price-to-earnings ratio of 17.76, a price-to-earnings-growth ratio of 1.20 and a beta of 0.98.

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

Ball Announces Dividend

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

Ball 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.

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