Teacher Retirement System of Texas Grows Stake in Ball Corporation $BALL

Key Points

• Teacher Retirement System of Texas increased its stake in Ball by 58.7% in Q4 to 262,973 shares, worth about $13.93 million (≈0.10% of the company).
• Quarterly results beat expectations: Ball reported $0.91 EPS vs. $0.90 est. and $3.35B revenue vs. $3.11B est. (revenue +16.2% YoY) and set FY2026 guidance of 3.930 EPS versus analyst consensus near 3.95.
• Ball declared a $0.20 quarterly dividend ($0.80 annualized, ~1.3% yield); the stock has a $16.33B market cap, a P/E of 18.48, and an average analyst target of $69.33 (Moderate Buy).

Teacher Retirement System of Texas grew its holdings in Ball Corporation (NYSE:BALL - Free Report) by 58.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 262,973 shares of the company's stock after acquiring an additional 97,264 shares during the quarter. Teacher Retirement System of Texas owned about 0.10% of Ball worth $13,930,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in BALL. GoalVest Advisory LLC purchased a new position in shares of Ball in the 4th quarter valued at about $25,000. Triumph Capital Management purchased a new position in Ball during the 3rd quarter worth approximately $26,000. Board of the Pension Protection Fund purchased a new position in Ball during the 4th quarter worth approximately $26,000. SJS Investment Consulting Inc. grew its stake in Ball by 4,236.8% during the 3rd quarter. SJS Investment Consulting Inc. now owns 824 shares of the company's stock worth $42,000 after buying an additional 805 shares during the last quarter. Finally, Trust Co. of Vermont grew its stake in Ball by 297.0% during the 4th quarter. Trust Co. of Vermont now owns 802 shares of the company's stock worth $42,000 after buying an additional 600 shares during the last quarter. Hedge funds and other institutional investors own 86.51% of the company's stock.

Ball Stock Down 2.8%

Ball stock opened at $61.35 on Friday. Ball Corporation has a twelve month low of $44.83 and a twelve month high of $68.29. The stock has a 50 day moving average of $62.60 and a two-hundred day moving average of $55.93. The company has a current ratio of 1.11, a quick ratio of 0.75 and a debt-to-equity ratio of 1.29. The stock has a market capitalization of $16.33 billion, a price-to-earnings ratio of 18.48, a PEG ratio of 1.26 and a beta of 1.14.

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 analysts' consensus estimates 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%.The firm's revenue for the quarter was up 16.2% on a year-over-year basis. During the same period last year, the firm earned $0.84 EPS. Ball has set its FY 2026 guidance at 3.930- EPS. As a group, research analysts expect that Ball Corporation will post 3.95 earnings per share for the current year.

Ball Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 2nd were issued a $0.20 dividend. 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 (DPR) is currently 24.10%.

Analyst Upgrades and Downgrades

BALL has been the topic of a number of research reports. Mizuho raised their price target on Ball from $58.00 to $70.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 4th. Citigroup dropped their price target on Ball from $74.00 to $73.00 and set a "buy" rating on the stock in a research note on Monday, April 13th. Weiss Ratings restated a "hold (c)" rating on shares of Ball in a research note on Monday, December 29th. Robert W. Baird set a $75.00 price target on Ball in a research note on Wednesday, February 4th. Finally, Morgan Stanley set a $66.00 price target on Ball in a research note on Wednesday, February 4th. Ten research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $69.33.

Insider Activity at Ball

In other news, SVP Kathleen Pitre sold 10,660 shares of the firm'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 value of $710,275.80. Following the completion of the sale, the senior vice president directly owned 36,772 shares of the company's stock, valued at $2,450,118.36. This trade represents a 22.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Fauze Villatoro purchased 1,551 shares of Ball stock in a transaction dated Wednesday, March 4th. The stock was acquired at an average cost of $64.51 per share, with a total value of $100,055.01. Following the completion of the acquisition, 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 disclosure for this purchase is available in the SEC filing. 0.58% of the stock is owned by company insiders.

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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