PNC Financial Services Group Inc. Boosts Stock Position in Ball Corporation $BALL

PNC Financial Services Group Inc. lifted its position in shares of Ball Corporation (NYSE:BALLFree Report) by 266.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 573,164 shares of the company’s stock after purchasing an additional 416,950 shares during the period. PNC Financial Services Group Inc.’s holdings in Ball were worth $30,361,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. GoalVest Advisory LLC purchased a new stake in shares of Ball during the fourth quarter worth about $25,000. Board of the Pension Protection Fund purchased a new stake in shares of Ball during the fourth quarter worth about $26,000. Triumph Capital Management purchased a new stake in shares of Ball during the third quarter worth about $26,000. Trust Co. of Vermont boosted its holdings in shares of Ball by 297.0% during the fourth quarter. Trust Co. of Vermont now owns 802 shares of the company’s stock worth $42,000 after purchasing an additional 600 shares during the period. Finally, MUFG Securities EMEA plc bought a new position in Ball in the second quarter worth about $46,000. 86.51% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Ball

Here are the key news stories impacting Ball this week:

  • Positive Sentiment: Zacks Research raised its earnings estimates for Ball across multiple future periods, including FY2026, FY2027, FY2028, and several quarterly forecasts, which may signal improving fundamentals and support investor sentiment.
  • Neutral Sentiment: The latest consensus full-year EPS estimate remains at $3.99, so the analyst changes are helpful but still broadly in line with market expectations.
  • Neutral Sentiment: Recent non-company articles about “Dragon Ball” appear unrelated to Ball Corporation’s business and are unlikely to affect the stock.

Insider Buying and Selling

In other news, SVP Fauze Villatoro purchased 1,551 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were purchased at an average price of $64.51 per share, for a total transaction of $100,055.01. Following the completion of the acquisition, the senior vice president directly owned 13,778 shares in the company, valued at $888,818.78. This represents a 12.69% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Kathleen Pitre sold 10,660 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $66.63, for a total transaction of $710,275.80. Following the sale, the senior vice president owned 36,772 shares in the company, valued at approximately $2,450,118.36. The trade was a 22.47% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.58% of the company’s stock.

Ball Price Performance

Shares of NYSE BALL opened at $56.50 on Friday. The company has a 50 day simple moving average of $59.95 and a two-hundred day simple moving average of $57.18. Ball Corporation has a fifty-two week low of $44.83 and a fifty-two week high of $68.29. 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 company has a market capitalization of $15.04 billion, a price-to-earnings ratio of 16.33, a P/E/G ratio of 1.10 and a beta of 1.06.

Ball (NYSE:BALLGet Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.94 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.09. Ball had a net margin of 6.86% and a return on equity of 18.69%. The firm had revenue of $3.60 billion for the quarter, compared to analysts’ expectations of $3.34 billion. During the same quarter in the prior year, the company posted $0.76 earnings per share. The business’s revenue for the quarter was up 16.3% on a year-over-year basis. Ball has set its FY 2026 guidance at 3.930- EPS. Analysts expect that Ball Corporation will post 3.99 EPS for the current fiscal year.

Ball Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 1st will be issued a dividend of $0.20 per share. The ex-dividend date is Monday, June 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.4%. Ball’s dividend payout ratio is presently 23.12%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on BALL. Citigroup decreased their price target 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. Weiss Ratings raised shares of Ball from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Mizuho increased their price target on shares of Ball from $58.00 to $70.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 4th. Morgan Stanley set a $66.00 price target on shares of Ball in a research note on Wednesday, February 4th. Finally, Jefferies Financial Group increased their price target on shares of Ball from $64.00 to $71.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Ten research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $69.54.

Check Out Our Latest Report on BALL

About Ball

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Ball (NYSE:BALL)

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