Northwestern Mutual Wealth Management Co. Sells 84,717 Shares of Ball Corporation $BALL

Northwestern Mutual Wealth Management Co. cut its stake in Ball Corporation (NYSE:BALL) by 74.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,325 shares of the company’s stock after selling 84,717 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Ball were worth $1,500,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Invesco Ltd. grew its position in shares of Ball by 14.9% in the 3rd quarter. Invesco Ltd. now owns 4,651,348 shares of the company’s stock worth $234,521,000 after buying an additional 602,137 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Ball by 13.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,828,298 shares of the company’s stock worth $193,003,000 after buying an additional 455,089 shares during the period. Boston Partners grew its position in shares of Ball by 2.1% in the 3rd quarter. Boston Partners now owns 3,816,297 shares of the company’s stock worth $192,402,000 after buying an additional 79,700 shares during the period. Bank of America Corp DE grew its position in shares of Ball by 17.1% in the 3rd quarter. Bank of America Corp DE now owns 2,406,154 shares of the company’s stock worth $121,318,000 after buying an additional 351,060 shares during the period. Finally, AQR Capital Management LLC grew its position in shares of Ball by 1,465.3% in the 2nd quarter. AQR Capital Management LLC now owns 1,314,786 shares of the company’s stock worth $73,746,000 after buying an additional 1,230,791 shares during the period. 86.51% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on BALL shares. Weiss Ratings downgraded shares of Ball from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday. UBS Group reduced their target price on shares of Ball from $66.00 to $64.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Wells Fargo & Company upped their target price on shares of Ball from $70.00 to $71.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft started coverage on shares of Ball in a research report on Wednesday, April 1st. They issued a “buy” rating and a $72.00 target price on the stock. Finally, JPMorgan Chase & Co. raised shares of Ball from a “neutral” rating to an “overweight” rating and set a $60.00 target price on the stock in a research report on Monday, May 18th. Ten analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $69.54.

Ball Stock Performance

Shares of BALL stock opened at $52.93 on Friday. Ball Corporation has a one year low of $44.83 and a one year high of $68.29. The company’s 50-day moving average is $58.84 and its 200 day moving average is $57.67. The company has a market capitalization of $14.09 billion, a price-to-earnings ratio of 15.30, a price-to-earnings-growth ratio of 1.03 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.

Ball (NYSE:BALL) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.85 by $0.09. Ball had a net margin of 6.86% and a return on equity of 18.69%. The company had revenue of $3.60 billion for the quarter, compared to the consensus estimate of $3.34 billion. During the same period in the prior year, the firm posted $0.76 EPS. Ball’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. Sell-side analysts expect that Ball Corporation will post 3.99 EPS for the current fiscal year.

Ball Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Monday, June 1st will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Monday, June 1st. Ball’s dividend payout ratio is 23.12%.

Ball Company 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.