Mosaic Family Wealth Partners LLC Boosts Stock Position in Ball Corporation $BALL

Mosaic Family Wealth Partners LLC increased its position in shares of Ball Corporation (NYSE:BALL) by 7.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,020 shares of the company’s stock after acquiring an additional 8,209 shares during the period. Ball comprises 0.7% of Mosaic Family Wealth Partners LLC’s investment portfolio, making the stock its 19th biggest position. Mosaic Family Wealth Partners LLC’s holdings in Ball were worth $6,622,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BALL. Teacher Retirement System of Texas grew its holdings in shares of Ball by 58.7% in the fourth quarter. Teacher Retirement System of Texas now owns 262,973 shares of the company’s stock valued at $13,930,000 after purchasing an additional 97,264 shares in the last quarter. Independent Advisor Alliance lifted its holdings in Ball by 276.5% during the 4th quarter. Independent Advisor Alliance now owns 35,654 shares of the company’s stock worth $1,889,000 after buying an additional 26,184 shares in the last quarter. Mizuho Markets Cayman LP acquired a new stake in Ball during the 4th quarter worth approximately $26,485,000. AIA Group Ltd purchased a new position in Ball in the 3rd quarter valued at approximately $618,000. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in Ball by 6.4% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 673,521 shares of the company’s stock valued at $35,676,000 after buying an additional 40,593 shares during the period. 86.51% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on BALL. Royal Bank Of Canada increased their price objective on Ball from $75.00 to $77.00 and gave the company an “outperform” rating in a research note on Thursday. UBS Group cut their price target on Ball from $66.00 to $64.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. JPMorgan Chase & Co. raised Ball from a “neutral” rating to an “overweight” rating and set a $60.00 price target on the stock in a research report on Monday, May 18th. Wells Fargo & Company lifted their price objective on Ball from $70.00 to $71.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Finally, Citigroup lowered their price objective on Ball from $73.00 to $72.00 and set a “buy” rating for the company in a research report on Thursday. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Ball presently has an average rating of “Moderate Buy” and an average target price of $69.92.

Ball Price Performance

BALL stock opened at $61.00 on Friday. The business has a 50 day moving average price of $57.83 and a 200 day moving average price of $59.43. The company has a quick ratio of 0.72, a current ratio of 1.12 and a debt-to-equity ratio of 1.25. The stock has a market cap of $16.24 billion, a price-to-earnings ratio of 17.63, a PEG ratio of 1.18 and a beta of 0.98. Ball Corporation has a fifty-two week low of $44.83 and a fifty-two week high of $68.29.

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

Ball Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Monday, June 1st were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Monday, June 1st. Ball’s dividend payout ratio (DPR) is 23.12%.

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.