Aberdeen Group plc Buys 18,153 Shares of Ball Corporation $BALL

Aberdeen Group plc grew its position in Ball Corporation (NYSE:BALL) by 5.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 338,234 shares of the company’s stock after purchasing an additional 18,153 shares during the quarter. Aberdeen Group plc’s holdings in Ball were worth $21,106,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of BALL. Triumph Capital Management bought a new stake in Ball during the 3rd quarter valued at $26,000. Basecamp Wealth Advisors LLC grew its position in shares of Ball by 135.0% in the first quarter. Basecamp Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $28,000 after purchasing an additional 274 shares in the last quarter. Gilpin Wealth Management LLC bought a new stake in shares of Ball during the 4th quarter valued at $29,000. Harbour Investments Inc. raised its stake in shares of Ball by 44.1% during the 4th quarter. Harbour Investments Inc. now owns 725 shares of the company’s stock valued at $38,000 after purchasing an additional 222 shares during the period. Finally, MUFG Securities EMEA plc purchased a new stake in Ball during the 2nd quarter worth about $46,000. 86.51% of the stock is currently owned by institutional investors and hedge funds.

Ball Stock Performance

Shares of BALL stock opened at $61.85 on Friday. The company has a market capitalization of $16.37 billion, a P/E ratio of 17.52, a PEG ratio of 1.19 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. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.66 and a current ratio of 1.07. The stock has a 50 day moving average price of $61.35 and a two-hundred day moving average price of $60.99.

Ball (NYSE:BALL) last issued its earnings results on Tuesday, August 4th. The company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.04. Ball had a net margin of 6.61% and a return on equity of 18.76%. The firm had revenue of $4 billion for the quarter, compared to analysts’ expectations of $3.69 billion. During the same quarter last year, the business earned $0.90 earnings per share. The business’s revenue was up 19.7% on a year-over-year basis. Ball has set its FY 2026 guidance at 3.930- EPS. Analysts expect that Ball Corporation will post 4.02 earnings per share for the current year.

Ball Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, September 1st. Ball’s dividend payout ratio (DPR) is currently 22.66%.

Analyst Ratings Changes

A number of analysts recently weighed in on BALL shares. Bank of America upped their target price on shares of Ball from $70.00 to $73.00 and gave the stock a “buy” rating in a report on Tuesday, July 14th. UBS Group upped their price target on shares of Ball from $65.00 to $66.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Wells Fargo & Company increased their price objective on Ball from $71.00 to $72.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. Mizuho set a $72.00 target price on Ball in a research report on Wednesday, August 5th. Finally, Weiss Ratings upgraded Ball from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 30th. Eight research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $71.69.

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.