OFI Invest Asset Management Acquires Shares of 123,091 Ball Corporation $BALL

Key Points

• OFI Invest Asset Management acquired a new stake of 123,091 shares in Ball Corporation in Q4, valued at about $6.52 million.
• Ball beat quarterly expectations with $0.91 EPS vs. $0.90 consensus and revenue of $3.35 billion, set FY2026 guidance near $3.93 EPS, and carries a consensus analyst rating of "Moderate Buy" with a $69 price target.
• Insider activity was mixed: SVP Kathleen Pitre sold 10,660 shares (reducing her stake by 22.5%) while SVP Fauze Villatoro bought 1,551 shares, and institutional investors own about 86.51% of the company.

OFI Invest Asset Management acquired a new stake in Ball Corporation (NYSE:BALL - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 123,091 shares of the company's stock, valued at approximately $6,520,000.

Several other institutional investors have also recently bought and sold shares of BALL. Endeavor Private Wealth Inc. bought a new stake in shares of Ball in the third quarter worth about $583,000. Iridian Asset Management LLC CT increased its holdings in shares of Ball by 73.7% in the third quarter. Iridian Asset Management LLC CT now owns 46,624 shares of the company's stock worth $2,351,000 after acquiring an additional 19,776 shares in the last quarter. Rakuten Investment Management Inc. bought a new stake in shares of Ball in the third quarter worth about $464,000. Campbell & CO Investment Adviser LLC bought a new stake in shares of Ball in the third quarter worth about $2,682,000. Finally, Cibc World Market Inc. bought a new stake in shares of Ball in the third quarter worth about $5,570,000. Institutional investors own 86.51% of the company's stock.

Insider Activity

In other news, SVP Kathleen Pitre sold 10,660 shares of the company's stock in a transaction dated 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 of the company's stock, valued at $2,450,118.36. This represents a 22.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Fauze Villatoro purchased 1,551 shares of Ball stock in a transaction that occurred on Wednesday, March 4th. The shares were bought at an average cost of $64.51 per share, with a total value of $100,055.01. Following the completion of the transaction, the senior vice president directly owned 13,778 shares of the company's stock, valued at approximately $888,818.78. The trade was a 12.69% increase in their position. The SEC filing for this purchase provides additional information. 0.58% of the stock is owned by corporate insiders.

Ball Stock Up 1.2%

BALL stock opened at $62.82 on Friday. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.11 and a quick ratio of 0.75. The stock has a market capitalization of $16.72 billion, a P/E ratio of 18.92, a P/E/G ratio of 1.24 and a beta of 1.14. The business has a 50-day moving average of $62.89 and a 200-day moving average of $54.89. Ball Corporation has a fifty-two week low of $44.76 and a fifty-two week high of $68.29.

Ball (NYSE:BALL - Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.01. The company had revenue of $3.35 billion during the quarter, compared to analysts' expectations of $3.11 billion. Ball had a return on equity of 18.12% and a net margin of 6.93%.Ball's revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.84 earnings per share. Ball has set its FY 2026 guidance at 3.930- EPS. On average, sell-side analysts anticipate that Ball Corporation will post 3.48 earnings per share for the current fiscal year.

Ball Dividend Announcement

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

Analyst Ratings Changes

BALL has been the subject of several recent analyst reports. Citigroup increased their price target on Ball from $67.00 to $74.00 and gave the stock a "buy" rating in a report on Thursday, February 5th. Weiss Ratings restated a "hold (c)" rating on shares of Ball in a report on Monday, December 29th. Deutsche Bank Aktiengesellschaft initiated coverage on Ball in a report on Wednesday, April 1st. They issued a "buy" rating and a $72.00 price target for the company. Robert W. Baird set a $75.00 price target on Ball in a report on Wednesday, February 4th. Finally, Royal Bank Of Canada lowered their price target on Ball from $74.00 to $71.00 and set an "outperform" rating for the company in a report on Friday, March 20th. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Ball currently has an average rating of "Moderate Buy" and a consensus price target of $69.00.

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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