Schroder Investment Management Group Sells 17,571 Shares of Ball Corporation $BALL

Schroder Investment Management Group lessened its holdings in shares of Ball Corporation (NYSE:BALL) by 1.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,057,189 shares of the company’s stock after selling 17,571 shares during the quarter. Schroder Investment Management Group’s holdings in Ball were worth $52,437,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BALL. Brighton Jones LLC increased its position in Ball by 41.2% during the 4th quarter. Brighton Jones LLC now owns 5,245 shares of the company’s stock valued at $289,000 after purchasing an additional 1,531 shares during the period. AQR Capital Management LLC lifted its position in shares of Ball by 402.8% in the 1st quarter. AQR Capital Management LLC now owns 83,995 shares of the company’s stock worth $4,356,000 after purchasing an additional 67,289 shares during the period. Empowered Funds LLC boosted its stake in shares of Ball by 10.6% during the 1st quarter. Empowered Funds LLC now owns 6,167 shares of the company’s stock valued at $321,000 after purchasing an additional 590 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Ball during the 2nd quarter valued at about $453,000. Finally, Savant Capital LLC purchased a new position in shares of Ball during the second quarter valued at about $1,237,000. Hedge funds and other institutional investors own 86.51% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Morgan Stanley set a $66.00 price target on shares of Ball in a research note on Wednesday, February 4th. Mizuho lifted their price objective on Ball from $58.00 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday, February 4th. Wells Fargo & Company upped their target price on Ball from $60.00 to $70.00 and gave the stock an “overweight” rating in a report on Wednesday, February 4th. Bank of America raised Ball from a “neutral” rating to a “buy” rating and set a $61.00 target price for the company in a research report on Monday, November 17th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Ball in a research report on Monday, December 29th. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $68.46.

Ball Price Performance

Shares of NYSE BALL opened at $61.95 on Wednesday. The company has a 50 day simple moving average of $60.79 and a two-hundred day simple moving average of $53.52. Ball Corporation has a fifty-two week low of $43.51 and a fifty-two week high of $68.29. The company has a market capitalization of $16.48 billion, a price-to-earnings ratio of 18.66, a P/E/G ratio of 1.24 and a beta of 1.10. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.75 and a current ratio of 1.11.

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

Ball Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 2nd will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Monday, March 2nd. Ball’s payout ratio is 24.10%.

Insiders Place Their Bets

In related news, SVP Fauze Villatoro bought 1,551 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were purchased at an average cost of $64.51 per share, with a total value of $100,055.01. Following the completion of the purchase, the senior vice president owned 13,778 shares in the company, valued at approximately $888,818.78. The trade was 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 firm’s stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $66.63, for a total value of $710,275.80. Following the transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.57% of the company’s stock.

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.