MidFirst Bank Takes Position in Ball Corporation $BALL

Key Points

• MidFirst Bank acquired 42,275 shares of Ball Corporation in the second quarter, valued at approximately $2.64 million. Institutional investors collectively own 86.51% of the company.
• Ball reported quarterly earnings of $1.03 per share, exceeding estimates of $0.99, while revenue rose 19.7% year over year to $4 billion. The company issued fiscal 2026 EPS guidance of $3.93 and analysts expect approximately $4.02.
• Ball declared a quarterly dividend of $0.20 per share, equal to an annualized $0.80 dividend and a 1.3% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $71.69.

MidFirst Bank acquired a new stake in shares of Ball Corporation (NYSE:BALL - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 42,275 shares of the company's stock, valued at approximately $2,638,000.

A number of other institutional investors have also modified their holdings of the business. Basecamp Wealth Advisors LLC lifted its holdings in Ball by 135.0% in the first quarter. Basecamp Wealth Advisors LLC now owns 477 shares of the company's stock worth $28,000 after acquiring an additional 274 shares during the last quarter. Triumph Capital Management bought a new position in shares of Ball during the third quarter valued at approximately $26,000. Gilpin Wealth Management LLC acquired a new stake in shares of Ball during the 4th quarter worth approximately $29,000. Trust Co. of Vermont acquired a new stake in shares of Ball during the 2nd quarter worth approximately $37,000. Finally, Harbour Investments Inc. lifted its holdings in shares of Ball by 44.1% in the 4th quarter. Harbour Investments Inc. now owns 725 shares of the company's stock worth $38,000 after purchasing an additional 222 shares during the last quarter. Institutional investors own 86.51% of the company's stock.

Ball Trading Down 0.9%

Shares of BALL stock opened at $61.29 on Tuesday. The stock has a 50-day simple moving average of $61.53 and a 200 day simple moving average of $61.04. The stock has a market capitalization of $16.22 billion, a P/E ratio of 17.36, a P/E/G ratio of 1.19 and a beta of 0.98. Ball Corporation has a fifty-two week low of $44.83 and a fifty-two week high of $68.29. 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 (NYSE:BALL - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $1.03 EPS for the quarter, topping the consensus estimate of $0.99 by $0.04. Ball had a net margin of 6.61% and a return on equity of 18.76%. The firm had revenue of $4 billion for the quarter, compared to analysts' expectations of $3.69 billion. During the same period in the previous year, the business earned $0.90 earnings per share. Ball's revenue for the quarter was up 19.7% compared to the same quarter last year. Ball has set its FY 2026 guidance at 3.930- EPS. On average, sell-side analysts expect that Ball Corporation will post 4.02 earnings per share for the current fiscal year.

Ball Announces Dividend

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

Wall Street Analyst Weigh In

A number of brokerages recently commented on BALL. Wells Fargo & Company upped their price objective on Ball from $71.00 to $72.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 5th. Truist Financial set a $78.00 price target on shares of Ball in a report on Wednesday, August 5th. Weiss Ratings raised shares of Ball from a "hold (c)" rating to a "hold (c+)" rating in a research note on Tuesday, June 30th. Bank of America increased their price target on Ball from $70.00 to $73.00 and gave the stock a "buy" rating in a research note on Tuesday, July 14th. Finally, Royal Bank Of Canada raised their price objective 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. Eight analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $71.69.

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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