Ilmarinen Mutual Pension Insurance Co Takes $5.40 Million Position in Ball Corporation $BALL

Key Points

• Ilmarinen Mutual Pension Insurance Co opened a new position in Ball Corporation, buying 102,000 shares valued at about $5.4 million in the fourth quarter.
• Ball reported strong quarterly results, beating EPS and revenue expectations with $0.94 EPS on $3.60 billion in revenue, and raised its FY 2026 guidance to 3.930 EPS.
• The company also announced a quarterly dividend of $0.20 per share, payable June 15, while analysts currently rate the stock a Moderate Buy with an average price target of $69.54.

Ilmarinen Mutual Pension Insurance Co acquired a new stake in shares of Ball Corporation (NYSE:BALL - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 102,000 shares of the company's stock, valued at approximately $5,403,000.

Other hedge funds have also made changes to their positions in the company. Teacher Retirement System of Texas grew its stake in Ball by 58.7% during the 4th quarter. Teacher Retirement System of Texas now owns 262,973 shares of the company's stock valued at $13,930,000 after acquiring an additional 97,264 shares in the last quarter. Cibc World Market Inc. purchased a new position in Ball during the 3rd quarter valued at about $5,570,000. Independent Advisor Alliance grew its holdings in shares of Ball by 276.5% during the 4th quarter. Independent Advisor Alliance now owns 35,654 shares of the company's stock valued at $1,889,000 after acquiring an additional 26,184 shares in the last quarter. First Merchants Corp grew its holdings in shares of Ball by 125.9% during the 4th quarter. First Merchants Corp now owns 75,609 shares of the company's stock valued at $4,005,000 after acquiring an additional 42,134 shares in the last quarter. Finally, AIA Group Ltd purchased a new position in shares of Ball during the 3rd quarter valued at $618,000. Institutional investors and hedge funds own 86.51% of the company's stock.

Ball Trading Down 0.5%

Shares of NYSE:BALL opened at $56.21 on Friday. The company has a market capitalization of $14.96 billion, a P/E ratio of 16.24, a P/E/G ratio of 1.10 and a beta of 1.06. Ball Corporation has a 1 year low of $44.83 and a 1 year high of $68.29. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.12 and a quick ratio of 0.72. The business's 50 day simple moving average is $59.51 and its 200 day simple moving average is $57.47.

Ball (NYSE:BALL - Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.94 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.85 by $0.09. Ball had a return on equity of 18.69% and a net margin of 6.86%.The business had revenue of $3.60 billion for the quarter, compared to the consensus estimate of $3.34 billion. During the same quarter in the prior year, the business posted $0.76 earnings per share. The firm's quarterly revenue was up 16.3% compared to the same quarter last year. Ball has set its FY 2026 guidance at 3.930- EPS. On average, research analysts anticipate that Ball Corporation will post 3.99 EPS for the current fiscal year.

Ball Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be issued a $0.20 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.4%. Ball's dividend payout ratio is 23.12%.

Insider Transactions at Ball

In other news, SVP Kathleen Pitre sold 10,660 shares of the stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $66.63, for a total value 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. This represents a 22.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Fauze Villatoro acquired 1,551 shares of the company's stock in a transaction that occurred on Wednesday, March 4th. The stock was acquired at an average price of $64.51 per share, with a total value of $100,055.01. Following the acquisition, the senior vice president owned 13,778 shares in the company, valued at $888,818.78. The trade was a 12.69% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.58% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

BALL has been the subject of a number of recent research reports. UBS Group decreased their price objective on shares of Ball from $66.00 to $64.00 and set a "neutral" rating for the company in a report on Wednesday, May 6th. Robert W. Baird set a $75.00 target price on shares of Ball in a research report on Wednesday, February 4th. Wells Fargo & Company increased their target price on Ball from $70.00 to $71.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft began coverage on shares of Ball in a research note on Wednesday, April 1st. They set a "buy" rating and a $72.00 price target for the company. Finally, JPMorgan Chase & Co. upgraded Ball from a "neutral" rating to an "overweight" rating and set a $60.00 price objective for the company in a report on Monday, May 18th. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $69.54.

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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