Deutsche Bank AG Invests $163.77 Million in Ball Corporation $BALL

Key Points

• Deutsche Bank acquired 2.62 million Ball shares worth approximately $163.8 million, representing 0.99% of the company. Institutional investors collectively own 86.51% of Ball.
• Ball reported quarterly EPS of $1.03, exceeding the $0.99 consensus estimate, while revenue reached $4.0 billion and increased 19.7% year over year.
• Analyst sentiment remains generally favorable but mixed, with a “Moderate Buy” consensus and a $71.69 price target; Ball also announced a quarterly dividend of $0.20 per share, yielding about 1.3% annually.

Deutsche Bank AG acquired a new position in Ball Corporation (NYSE:BALL - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,624,493 shares of the company's stock, valued at approximately $163,768,000. Deutsche Bank AG owned 0.99% of Ball at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Norges Bank bought a new position in Ball in the fourth quarter valued at about $178,025,000. Bank of New York Mellon Corp bought a new stake in shares of Ball during the 2nd quarter valued at about $143,165,000. Dimensional Fund Advisors LP grew its stake in shares of Ball by 47.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,658,732 shares of the company's stock valued at $299,749,000 after purchasing an additional 1,830,434 shares during the period. M&G PLC increased its position in shares of Ball by 242.9% during the 4th quarter. M&G PLC now owns 2,326,812 shares of the company's stock valued at $123,321,000 after purchasing an additional 1,648,303 shares during the last quarter. Finally, AQR Capital Management LLC increased its position in shares of Ball by 1,465.3% during the 2nd quarter. AQR Capital Management LLC now owns 1,314,786 shares of the company's stock valued at $73,746,000 after purchasing an additional 1,230,791 shares during the last quarter. Hedge funds and other institutional investors own 86.51% of the company's stock.

Ball News Summary

Here are the key news stories impacting Ball this week:

• Positive Sentiment: Zacks identified Ball as a strong value stock through its Style Scores system, potentially attracting investors seeking relatively inexpensive companies with favorable fundamental characteristics. Here's Why Ball Is a Strong Value Stock
• Neutral Sentiment: Zacks Research maintained its current full-year earnings outlook at approximately $4.02 per share. Its FY2028 estimate remains $4.95 per share after a series of quarterly adjustments, indicating that the revisions are mixed rather than a broad change to the near-term consensus. Ball analyst estimates
• Negative Sentiment: Analysts lowered estimates for several periods, including Q3 and Q4 2026, Q1 and Q2 2027, Q3 2027, and Q2 2028. The largest reported reduction was to FY2028 EPS, cut to $4.95 from $5.08, while Q4 2026 EPS was reduced to $0.98 from $1.00. These cuts suggest some caution about Ball’s earnings trajectory and could weigh on investor sentiment.
• Positive Sentiment: Not all revisions were negative: Zacks raised its Q4 2027 EPS estimate to $1.24 from $1.17 and its Q1 2028 estimate to $1.30 from $1.26, signaling improved expectations for select later quarters.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Bank of America increased their price objective on shares of Ball from $70.00 to $73.00 and gave the stock a "buy" rating in a research note on Tuesday, July 14th. Royal Bank Of Canada upped their target price on shares of Ball from $75.00 to $77.00 and gave the company an "outperform" rating in a report 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 research report on Wednesday, August 5th. Finally, Truist Financial set a $78.00 price target on shares of Ball in a research note on Wednesday, August 5th. Eight investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $71.69.

Ball Stock Performance

Shares of BALL opened at $62.61 on Thursday. The business has a 50-day simple moving average of $61.83 and a two-hundred day simple moving average of $61.12. 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 Corporation has a 52 week low of $44.83 and a 52 week high of $68.29. The stock has a market cap of $16.57 billion, a price-to-earnings ratio of 17.74, a PEG ratio of 1.18 and a beta of 0.98.

Ball (NYSE:BALL - Get Free Report) last posted its quarterly earnings data 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. The firm had revenue of $4 billion for 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%.The business's quarterly revenue was up 19.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.90 EPS. Ball has set its FY 2026 guidance at 3.930- EPS. On average, analysts expect that Ball Corporation will post 4.02 EPS for the current year.

Ball Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be paid a dividend of $0.20 per share. The ex-dividend date 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 22.66%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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