Cwm LLC Acquires 17,114 Shares of Ball Corporation $BALL

Key Points

• Cwm LLC increased its stake in Ball Corporation by 56.3% in Q4, acquiring 17,114 shares to hold 47,494 shares worth about $2.516 million, per its SEC filing.
• Wall Street consensus rates Ball as a Moderate Buy with a $69.33 average price target; ten analysts rate it Buy and five rate it Hold.
• Insider activity included SVP Kathleen Pitre selling 10,660 shares for roughly $710,276 and SVP Fauze Villatoro buying 1,551 shares; insiders now own about 0.58% of the company.

Cwm LLC raised its stake in shares of Ball Corporation (NYSE:BALL - Free Report) by 56.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 47,494 shares of the company's stock after acquiring an additional 17,114 shares during the period. Cwm LLC's holdings in Ball were worth $2,516,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. True Wealth Design LLC grew its position in Ball by 17.6% in the 3rd quarter. True Wealth Design LLC now owns 1,438 shares of the company's stock worth $73,000 after purchasing an additional 215 shares during the period. Independent Advisor Alliance grew its position in Ball by 2.7% in the 3rd quarter. Independent Advisor Alliance now owns 9,470 shares of the company's stock worth $477,000 after purchasing an additional 246 shares during the period. Patton Fund Management Inc. grew its position in Ball by 5.7% in the 4th quarter. Patton Fund Management Inc. now owns 4,604 shares of the company's stock worth $244,000 after purchasing an additional 248 shares during the period. Asset Management One Co. Ltd. grew its position in Ball by 0.3% in the 3rd quarter. Asset Management One Co. Ltd. now owns 118,213 shares of the company's stock worth $5,960,000 after purchasing an additional 296 shares during the period. Finally, Union Bancaire Privee UBP SA grew its position in Ball by 1.7% in the 4th quarter. Union Bancaire Privee UBP SA now owns 20,223 shares of the company's stock worth $1,075,000 after purchasing an additional 338 shares during the period. Institutional investors own 86.51% of the company's stock.

Wall Street Analyst Weigh In

BALL has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft started coverage on shares of Ball in a research report on Wednesday, April 1st. They issued a "buy" rating and a $72.00 target price for the company. JPMorgan Chase & Co. increased their target price on Ball from $50.00 to $60.00 and gave the company a "neutral" rating in a report on Wednesday, February 4th. Jefferies Financial Group increased their target price on Ball from $64.00 to $71.00 and gave the company a "buy" rating in a report on Wednesday, February 4th. Weiss Ratings reissued a "hold (c)" rating on shares of Ball in a report on Monday, December 29th. Finally, Raymond James Financial set a $73.00 target price on Ball and gave the company an "outperform" rating in a report on Tuesday. Ten research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $69.33.

Insider Buying and Selling

In related news, SVP Kathleen Pitre sold 10,660 shares of the business's stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $66.63, for a total transaction of $710,275.80. Following the completion of the transaction, the senior vice president directly owned 36,772 shares in the company, valued at approximately $2,450,118.36. The trade was a 22.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Fauze Villatoro acquired 1,551 shares of the firm's stock in a transaction dated Wednesday, March 4th. The shares were purchased at an average price of $64.51 per share, for a total transaction of $100,055.01. Following the completion of the transaction, the senior vice president directly owned 13,778 shares in the company, valued at approximately $888,818.78. This trade represents a 12.69% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 0.58% of the company's stock.

Ball Price Performance

Shares of Ball stock opened at $61.35 on Friday. Ball Corporation has a one year low of $44.83 and a one year high of $68.29. The stock's fifty day moving average is $62.60 and its 200 day moving average is $55.93. The stock has a market cap of $16.33 billion, a P/E ratio of 18.48, a P/E/G ratio of 1.26 and a beta of 1.14. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.75 and a current ratio of 1.11.

Ball (NYSE:BALL - Get Free Report) last announced its earnings results on Tuesday, February 3rd. The company reported $0.91 EPS for the quarter, topping analysts' consensus estimates of $0.90 by $0.01. Ball had a return on equity of 18.12% and a net margin of 6.93%.The company had revenue of $3.35 billion for the quarter, compared to analysts' expectations of $3.11 billion. During the same period last year, the firm earned $0.84 EPS. Ball's revenue for the quarter was up 16.2% compared to the same quarter last year. Ball has set its FY 2026 guidance at 3.930- EPS. Sell-side analysts anticipate that Ball Corporation will post 3.95 earnings per share for the current year.

Ball Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 2nd were paid a dividend of $0.20 per share. The ex-dividend date was Monday, March 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.3%. Ball's payout ratio is 24.10%.

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.

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