United Capital Financial Advisors LLC Purchases New Holdings in Ball Corporation $BALL

Key Points

• United Capital Financial Advisors acquired 176,107 Ball shares worth approximately $11.0 million in the second quarter, joining other institutional investors increasing their positions. Institutions collectively own 86.51% of Ball’s outstanding stock.
• Ball reported quarterly earnings of $1.03 per share, exceeding estimates of $0.99, while revenue rose 19.7% year over year to $4.0 billion. Analysts maintain a “Moderate Buy” consensus with an average price target of $71.69.
• Ball declared a quarterly dividend of $0.20 per share, equivalent to an annualized $0.80 payout and a 1.3% yield. Meanwhile, Senior Vice President Mandy Glew sold 5,626 shares, reducing her holdings by 43.83%.

United Capital Financial Advisors LLC 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 13F filing with the Securities and Exchange Commission. The firm acquired 176,107 shares of the company's stock, valued at approximately $10,989,000. United Capital Financial Advisors LLC owned approximately 0.07% of Ball as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of BALL. Meridian Wealth Management LLC boosted its stake in shares of Ball by 2.7% during the 4th quarter. Meridian Wealth Management LLC now owns 6,295 shares of the company's stock valued at $333,000 after buying an additional 165 shares during the last quarter. Leonteq Securities AG increased its stake in shares of Ball by 3.6% in the second quarter. Leonteq Securities AG now owns 5,415 shares of the company's stock worth $338,000 after buying an additional 188 shares during the last quarter. Western Wealth Management LLC raised its holdings in Ball by 3.2% in the fourth quarter. Western Wealth Management LLC now owns 6,752 shares of the company's stock valued at $358,000 after acquiring an additional 208 shares in the last quarter. Parvin Asset Management LLC raised its holdings in Ball by 19.5% in the first quarter. Parvin Asset Management LLC now owns 1,315 shares of the company's stock valued at $78,000 after acquiring an additional 215 shares in the last quarter. Finally, Evelyn Partners Investment Management LLP boosted its stake in Ball by 11.3% during the 1st quarter. Evelyn Partners Investment Management LLP now owns 2,144 shares of the company's stock valued at $127,000 after acquiring an additional 218 shares during the last quarter. 86.51% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Ball

In other Ball news, SVP Mandy Glew sold 5,626 shares of Ball stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $63.80, for a total value of $358,938.80. Following the completion of the transaction, the senior vice president directly owned 7,209 shares in the company, valued at $459,934.20. The trade was a 43.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.58% of the stock is currently owned by corporate insiders.

Ball Stock Performance

Ball stock opened at $63.43 on Friday. The company has a market cap of $16.79 billion, a PE ratio of 17.97, a P/E/G ratio of 1.23 and a beta of 0.98. The company has a fifty day moving average price of $62.59 and a two-hundred day moving average price of $61.19. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.07 and a quick ratio of 0.66. Ball Corporation has a 12 month low of $44.83 and a 12 month high of $68.29.

Ball (NYSE:BALL - Get Free Report) last issued its earnings results on Tuesday, August 4th. The company reported $1.03 earnings per share for the quarter, topping analysts' consensus estimates of $0.99 by $0.04. The company had revenue of $4 billion for the quarter, compared to analysts' expectations of $3.69 billion. Ball had a net margin of 6.61% and a return on equity of 18.76%. The firm's revenue was up 19.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.90 earnings per share. Ball has set its FY 2026 guidance at 3.930- EPS. Research analysts expect that Ball Corporation will post 4.01 earnings per share for the current year.

Ball Announces Dividend

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

Analyst Upgrades and Downgrades

Several brokerages have weighed in on BALL. Truist Financial set a $78.00 price objective on shares of Ball in a report on Wednesday, August 5th. Wells Fargo & Company upped their target price on shares of Ball from $71.00 to $72.00 and gave the company an "overweight" rating in a research note on Wednesday, August 5th. Citigroup cut shares of Ball from a "buy" rating to a "reduce" rating in a research report on Wednesday, August 5th. Weiss Ratings upgraded Ball from a "hold (c)" rating to a "hold (c+)" rating in a research note on Tuesday, June 30th. Finally, UBS Group boosted their price objective on Ball from $65.00 to $66.00 and gave the company a "neutral" rating in a report on Wednesday, August 5th. Eight analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Ball presently has a consensus rating of "Moderate Buy" and an average target price of $71.69.

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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