Capstone Wealth Management Group Inc. Makes New Investment in Ball Corporation $BALL

Capstone Wealth Management Group Inc. purchased a new position in Ball Corporation (NYSE:BALL) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 9,872 shares of the company’s stock, valued at approximately $616,000.

Several other hedge funds also recently made changes to their positions in BALL. Teacher Retirement System of Texas lifted its holdings in Ball by 58.7% during the 4th quarter. Teacher Retirement System of Texas now owns 262,973 shares of the company’s stock worth $13,930,000 after purchasing an additional 97,264 shares in the last quarter. Independent Advisor Alliance grew its holdings in Ball by 276.5% during the 4th quarter. Independent Advisor Alliance now owns 35,654 shares of the company’s stock valued at $1,889,000 after buying an additional 26,184 shares in the last quarter. Mizuho Markets Cayman LP bought a new stake in shares of Ball during the fourth quarter valued at about $26,485,000. Sumitomo Mitsui Trust Group Inc. increased its position in shares of Ball by 6.4% during the fourth 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. Finally, International Assets Investment Management LLC purchased a new stake in shares of Ball in the fourth quarter worth about $4,349,000. 86.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

BALL has been the subject of a number of analyst reports. Weiss Ratings upgraded shares of Ball from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 30th. Mizuho set a $72.00 target price on shares of Ball in a research note on Wednesday, August 5th. UBS Group raised their price target on shares of Ball from $65.00 to $66.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Raymond James Financial set a $73.00 price target on shares of Ball and gave the company an “outperform” rating in a research report on Tuesday, April 21st. Finally, Truist Financial set a $78.00 price target on shares of Ball in a report on Wednesday, August 5th. Eight investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Ball presently has an average rating of “Moderate Buy” and a consensus target price of $71.69.

Ball Stock Down 0.4%

Shares of NYSE BALL opened at $61.91 on Friday. Ball Corporation has a 12 month low of $44.83 and a 12 month high of $68.29. The company has a current ratio of 1.07, a quick ratio of 0.66 and a debt-to-equity ratio of 1.13. The firm has a market capitalization of $16.39 billion, a price-to-earnings ratio of 17.54, a PEG ratio of 1.19 and a beta of 0.98. The business has a 50-day moving average of $61.17 and a 200-day moving average of $60.98.

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

Ball Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a dividend of $0.20 per share. The ex-dividend date is Tuesday, September 1st. This represents a $0.80 dividend on an annualized basis and a yield of 1.3%. Ball’s dividend payout ratio (DPR) is presently 22.66%.

About Ball

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.