10,015 Ball Corporation $BALL Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its stake in shares of Ball Corporation (NYSE:BALL) by 0.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,130,473 shares of the company’s stock after buying an additional 10,015 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.80% of Ball worth $123,135,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bank of America Corp DE bought a new stake in shares of Ball during the second quarter valued at approximately $160,506,000. State Street Corp boosted its holdings in shares of Ball by 8.3% in the second quarter. State Street Corp now owns 13,416,598 shares of the company’s stock valued at $837,196,000 after purchasing an additional 1,024,861 shares during the period. Hsbc Holdings PLC bought a new position in Ball in the second quarter worth approximately $96,380,000. Engineers Gate Manager LP grew its stake in Ball by 90.7% in the second quarter. Engineers Gate Manager LP now owns 81,799 shares of the company’s stock worth $5,104,000 after purchasing an additional 38,896 shares in the last quarter. Finally, AMG National Trust Bank bought a new position in Ball in the second quarter worth approximately $76,377,000. Institutional investors own 86.51% of the company’s stock.

Ball Trading Up 0.0%

NYSE:BALL opened at $64.18 on Thursday. Ball Corporation has a one year low of $44.83 and a one year high of $68.29. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.66 and a current ratio of 1.07. The firm has a market cap of $16.99 billion, a P/E ratio of 18.18, a P/E/G ratio of 1.29 and a beta of 0.96. The firm has a 50-day simple moving average of $60.77 and a 200-day simple moving average of $60.34.

Ball (NYSE:BALL) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $1.03 earnings per share 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 during the quarter, compared to analysts’ expectations of $3.69 billion. During the same quarter in the prior year, the company earned $0.90 EPS. The company’s revenue was up 19.7% compared to the same quarter last year. Ball has set its FY 2026 guidance at 3.930- EPS. Equities analysts anticipate that Ball Corporation will post 4.01 EPS for the current fiscal year.

Ball Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Tuesday, September 1st. Ball’s dividend payout ratio (DPR) is presently 22.66%.

Analysts Set New Price Targets

Several research analysts have commented on the company. UBS Group reduced their price objective on Ball from $66.00 to $63.00 and set a “neutral” rating on the stock in a report on Monday, October 5th. Wells Fargo & Company lowered their target price on Ball from $72.00 to $70.00 and set an “overweight” rating for the company in a report on Monday. Citigroup downgraded Ball from a “buy” rating to a “reduce” rating in a research report on Wednesday, August 5th. Truist Financial set a $78.00 price target on Ball in a research note on Wednesday, August 5th. Finally, Royal Bank Of Canada cut their price target on Ball from $77.00 to $73.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 13th. Ten investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Ball presently has an average rating of “Moderate Buy” and a consensus price target of $71.00.

Insider Buying and Selling

In related news, SVP Mandy Glew sold 5,626 shares of the business’s stock in a transaction that occurred on Tuesday, August 25th. The shares were 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 owned 7,209 shares of the company’s stock, valued at $459,934.20. The trade was a 43.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.58% of the stock is owned by company insiders.

Ball Company Profile

Ball Corporation is a global supplier of sustainable aluminum packaging. The company primarily manufactures aluminum beverage cans, bottles and cups used by beer, soft-drink, energy-drink and other beverage companies. Its products are designed to support brand presentation, product protection and recycling throughout the packaging lifecycle.

Ball serves customers across North and South America, Europe and other international markets through a network of manufacturing facilities. The company also develops and markets aluminum packaging products for additional consumer and household applications, including its reusable and recyclable Ball Aluminum Cup.

Founded in 1880 as a manufacturer of glass containers, Ball evolved into a major producer of metal packaging and became particularly known for its aluminum beverage cans.