Compagnie Lombard Odier SCmA Acquires Shares of 188,654 Ball Corporation $BALL

Key Points

• Compagnie Lombard Odier SCmA acquired 188,654 Ball shares worth approximately $11.8 million, giving it a 0.07% stake. Institutional investors and hedge funds collectively own 86.51% of Ball.
• Ball exceeded quarterly expectations, reporting $1.03 in earnings per share versus the $0.99 consensus estimate and $4 billion in revenue, up 19.7% year over year.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $71.69, compared with the stock’s reported price of $61.91. Ball also announced a quarterly dividend of $0.20 per share, yielding about 1.3% annually.

Compagnie Lombard Odier SCmA acquired a new stake in Ball Corporation (NYSE:BALL - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 188,654 shares of the company's stock, valued at approximately $11,772,000. Compagnie Lombard Odier SCmA owned 0.07% of Ball at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Basecamp Wealth Advisors LLC lifted its position in shares of Ball by 135.0% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 477 shares of the company's stock worth $28,000 after buying an additional 274 shares during the period. Triumph Capital Management bought a new stake in Ball in the third quarter valued at $26,000. Gilpin Wealth Management LLC acquired a new position in Ball during the fourth quarter worth $29,000. Harbour Investments Inc. raised its stake in Ball by 44.1% during the fourth quarter. Harbour Investments Inc. now owns 725 shares of the company's stock worth $38,000 after acquiring an additional 222 shares in the last quarter. Finally, MUFG Securities EMEA plc bought a new position in shares of Ball during the second quarter valued at $46,000. 86.51% of the stock is owned by institutional investors and hedge funds.

Ball Price Performance

Ball stock opened at $61.91 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. The firm has a market cap of $16.39 billion, a P/E ratio of 17.54, a P/E/G ratio of 1.19 and a beta of 0.98. The business's fifty day moving average is $61.17 and its two-hundred day moving average is $60.98. Ball Corporation has a 52 week low of $44.83 and a 52 week high of $68.29.

Ball (NYSE:BALL - Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported $1.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.99 by $0.04. Ball had a return on equity of 18.76% and a net margin of 6.61%.The company had revenue of $4 billion during the quarter, compared to analyst estimates of $3.69 billion. During the same period last year, the company posted $0.90 earnings per share. The firm's quarterly revenue was up 19.7% compared to the same quarter last year. Ball has set its FY 2026 guidance at 3.930- EPS. Equities research analysts forecast that Ball Corporation will post 4.02 earnings per share for the current fiscal year.

Ball Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be paid a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.3%. Ball's payout ratio is currently 22.66%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on BALL shares. Royal Bank Of Canada boosted their target price on shares of Ball from $75.00 to $77.00 and gave the company an "outperform" rating in a research note on Thursday, July 9th. Weiss Ratings upgraded shares of Ball from a "hold (c)" rating to a "hold (c+)" rating in a research report on Tuesday, June 30th. Citigroup downgraded shares of Ball from a "buy" rating to a "reduce" rating in a report on Wednesday, August 5th. Mizuho set a $72.00 price target on shares of Ball in a research report on Wednesday, August 5th. Finally, UBS Group upped 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. Eight investment 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. According to MarketBeat, the stock currently has a consensus 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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