Deutsche Bank Aktiengesellschaft Begins Coverage on Ball (NYSE:BALL)

Deutsche Bank Aktiengesellschaft started coverage on shares of Ball (NYSE:BALL) in a research note issued on Wednesday. The brokerage set a “buy” rating and a $72.00 price target on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 22.04% from the company’s previous close.

Other equities research analysts have also issued research reports about the company. Robert W. Baird set a $75.00 price objective on Ball in a report on Wednesday, February 4th. UBS Group reissued a “neutral” rating and set a $66.00 target price on shares of Ball in a research note on Wednesday, February 4th. JPMorgan Chase & Co. raised their price target on Ball from $50.00 to $60.00 and gave the company a “neutral” rating in a report on Wednesday, February 4th. Citigroup lifted their price target on Ball from $67.00 to $74.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Finally, Truist Financial upped their price objective on Ball from $69.00 to $75.00 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Ball presently has an average rating of “Moderate Buy” and a consensus price target of $69.00.

Ball Stock Up 1.7%

Shares of Ball stock opened at $59.00 on Wednesday. Ball has a one year low of $43.51 and a one year high of $68.29. The company has a market cap of $15.70 billion, a P/E ratio of 17.77, a PEG ratio of 1.15 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. The firm has a fifty day moving average of $62.33 and a two-hundred day moving average of $54.41.

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

Insider Buying and Selling

In related news, SVP Fauze Villatoro purchased 1,551 shares of Ball stock in a transaction dated Wednesday, March 4th. The stock was bought at an average cost of $64.51 per share, for a total transaction of $100,055.01. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Kathleen Pitre sold 10,660 shares of the company’s 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 completion of the sale, the senior vice president owned 36,772 shares in the company, valued at approximately $2,450,118.36. This represents a 22.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.58% of the stock is currently owned by company insiders.

Institutional Trading of Ball

Several large investors have recently bought and sold shares of BALL. Brighton Jones LLC raised its stake in shares of Ball by 41.2% during the 4th quarter. Brighton Jones LLC now owns 5,245 shares of the company’s stock worth $289,000 after buying an additional 1,531 shares during the last quarter. AQR Capital Management LLC grew its stake in Ball by 402.8% in the 1st quarter. AQR Capital Management LLC now owns 83,995 shares of the company’s stock valued at $4,356,000 after acquiring an additional 67,289 shares during the last quarter. Empowered Funds LLC grew its stake in Ball by 10.6% in the 1st quarter. Empowered Funds LLC now owns 6,167 shares of the company’s stock valued at $321,000 after acquiring an additional 590 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in Ball during the 2nd quarter valued at about $453,000. Finally, Quadrant Capital Group LLC increased its holdings in Ball by 849.6% during the 2nd quarter. Quadrant Capital Group LLC now owns 10,750 shares of the company’s stock valued at $603,000 after acquiring an additional 9,618 shares in the last quarter. Institutional investors and hedge funds own 86.51% of the company’s stock.

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.