Talisman Wealth Advisors LLC Takes Position in Ball Corporation $BALL

Talisman Wealth Advisors LLC purchased a new position in Ball Corporation (NYSE:BALL) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 11,439 shares of the company’s stock, valued at approximately $606,000.

A number of other hedge funds have also recently made changes to their positions in the stock. GoalVest Advisory LLC bought a new stake in Ball during the fourth quarter valued at about $25,000. Board of the Pension Protection Fund bought a new position in Ball in the fourth quarter worth about $26,000. Triumph Capital Management purchased a new stake in shares of Ball during the third quarter valued at about $26,000. Gilpin Wealth Management LLC bought a new stake in shares of Ball in the 4th quarter valued at about $29,000. Finally, Harbour Investments Inc. boosted 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 valued at $38,000 after buying an additional 222 shares in the last quarter. 86.51% of the stock is currently owned by hedge funds and other institutional investors.

Ball Price Performance

Shares of NYSE BALL opened at $57.79 on Friday. Ball Corporation has a fifty-two week low of $44.83 and a fifty-two week high of $68.29. The company has a market cap of $15.39 billion, a PE ratio of 16.70, a P/E/G ratio of 1.13 and a beta of 1.01. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.72 and a current ratio of 1.12. The business has a 50-day simple moving average of $58.25 and a two-hundred day simple moving average of $58.21.

Ball (NYSE:BALL) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.09. The firm had revenue of $3.60 billion for the quarter, compared to the consensus estimate of $3.34 billion. Ball had a net margin of 6.86% and a return on equity of 18.69%. The company’s revenue for the quarter was up 16.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.76 earnings per share. Ball has set its FY 2026 guidance at 3.930- EPS. As a group, equities analysts expect 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 was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Monday, June 1st. Ball’s payout ratio is currently 23.12%.

Analyst Ratings Changes

BALL has been the subject of several recent analyst reports. Citigroup reduced their price objective on shares of Ball from $74.00 to $73.00 and set a “buy” rating for the company in a research note on Monday, April 13th. JPMorgan Chase & Co. upgraded shares of Ball from a “neutral” rating to an “overweight” rating and set a $60.00 target price for the company in a research note on Monday, May 18th. Truist Financial lifted their price target on shares of Ball from $75.00 to $77.00 and gave the stock a “buy” rating in a report on Wednesday, April 15th. UBS Group reduced their price target on Ball from $66.00 to $64.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Finally, Raymond James Financial set a $73.00 price target on Ball and gave the stock an “outperform” rating in a research report on Tuesday, April 21st. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price 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.