Quantbot Technologies LP Takes Position in Ball Corporation $BALL

Quantbot Technologies LP acquired a new position in Ball Corporation (NYSE:BALL) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 29,561 shares of the company’s stock, valued at approximately $1,490,000.

Other large investors also recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. raised its position in Ball by 4,236.8% in the third quarter. SJS Investment Consulting Inc. now owns 824 shares of the company’s stock worth $42,000 after acquiring an additional 805 shares during the period. MUFG Securities EMEA plc bought a new stake in shares of Ball during the 2nd quarter valued at $46,000. CYBER HORNET ETFs LLC purchased a new stake in shares of Ball in the 2nd quarter worth $47,000. Hantz Financial Services Inc. raised its holdings in Ball by 395.9% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,210 shares of the company’s stock worth $61,000 after purchasing an additional 966 shares during the period. Finally, True Wealth Design LLC lifted its position in Ball by 17.6% during the third quarter. True Wealth Design LLC now owns 1,438 shares of the company’s stock valued at $73,000 after purchasing an additional 215 shares in the last quarter. 86.51% of the stock is currently owned by institutional investors.

Insider Activity

In other Ball news, SVP Kathleen Pitre sold 10,660 shares of Ball stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $66.63, for a total value of $710,275.80. Following the sale, the senior vice president owned 36,772 shares of the company’s stock, valued at $2,450,118.36. The trade was a 22.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Fauze Villatoro acquired 1,551 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The shares were purchased at an average cost 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 approximately $888,818.78. This represents a 12.69% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on BALL shares. Weiss Ratings restated a “hold (c)” rating on shares of Ball in a research report on Monday, December 29th. JPMorgan Chase & Co. increased their target price on shares of Ball from $50.00 to $60.00 and gave the stock a “neutral” rating in a report on Wednesday, February 4th. Wells Fargo & Company raised their target price on shares of Ball from $60.00 to $70.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 4th. Jefferies Financial Group upped their price target on shares of Ball from $64.00 to $71.00 and gave the stock a “buy” rating in a research report on Wednesday, February 4th. Finally, Bank of America raised shares of Ball from a “neutral” rating to a “buy” rating and set a $61.00 price objective for the company in a research note on Monday, November 17th. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, Ball has an average rating of “Moderate Buy” and an average price target of $68.46.

Ball Trading Down 2.6%

BALL stock opened at $63.11 on Friday. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.11 and a quick ratio of 0.75. Ball Corporation has a 1-year low of $43.51 and a 1-year high of $68.29. The business has a 50 day simple moving average of $60.24 and a two-hundred day simple moving average of $53.32. The company has a market capitalization of $16.79 billion, a price-to-earnings ratio of 19.01, a PEG ratio of 1.29 and a beta of 1.10.

Ball (NYSE:BALL) last released its earnings results on Tuesday, February 3rd. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.90 by $0.01. The firm had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.11 billion. Ball had a net margin of 6.93% and a return on equity of 18.12%. The company’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.84 earnings per share. Ball has set its FY 2026 guidance at 3.930- EPS. Research analysts anticipate that Ball Corporation will post 3.48 EPS for the current fiscal year.

Ball Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.20 per share. The ex-dividend date is Monday, March 2nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.3%. Ball’s dividend payout ratio (DPR) is presently 24.10%.

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.