Ball Corporation (NYSE:BALL) Stock Now Rated “Moderate Buy” by Wall Street Analysts

Shares of Ball Corporation (NYSE:BALL) have been given a consensus recommendation of “Moderate Buy” by the thirteen brokerages that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and ten have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $71.15.

BALL has been the subject of several research reports. Weiss Ratings upgraded shares of Ball from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, October 9th. UBS Group decreased their price objective on shares of Ball from $66.00 to $63.00 and set a “neutral” rating for the company in a report on Monday, October 5th. Mizuho set a $72.00 price objective on shares of Ball in a research report on Wednesday, August 5th. Bank of America boosted their target price on shares of Ball from $70.00 to $73.00 and gave the company a “buy” rating in a research note on Tuesday, July 14th. Finally, Wells Fargo & Company boosted their target price on shares of Ball from $71.00 to $72.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th.

Insider Activity

In related news, SVP Mandy Glew sold 5,626 shares of Ball stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $63.80, for a total value of $358,938.80. Following the sale, the senior vice president owned 7,209 shares of the company’s stock, valued at approximately $459,934.20. The trade was a 43.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.58% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Ball

Several institutional investors and hedge funds have recently bought and sold shares of BALL. BlackRock Inc. bought a new position in Ball during the second quarter valued at $1,310,991,000. Deutsche Bank AG purchased a new stake in Ball in the second quarter worth $163,768,000. Bank of America Corp DE bought a new stake in shares of Ball in the second quarter valued at $160,506,000. Bank of New York Mellon Corp bought a new stake in shares of Ball in the second quarter valued at $143,165,000. Finally, Hsbc Holdings PLC bought a new stake in shares of Ball in the second quarter valued at $96,380,000. 86.51% of the stock is owned by institutional investors.

Ball Stock Up 3.8%

Shares of NYSE:BALL opened at $62.74 on Friday. Ball has a 1 year low of $44.83 and a 1 year high of $68.29. The company has a market capitalization of $16.61 billion, a PE ratio of 17.77, a price-to-earnings-growth ratio of 1.15 and a beta of 0.96. The business has a fifty day moving average price of $60.68 and a two-hundred day moving average price of $60.21. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.07 and a quick ratio of 0.66.

Ball (NYSE:BALL) last released its earnings results on Tuesday, August 4th. The company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.04. The company had revenue of $4 billion for the quarter, compared to analysts’ expectations of $3.69 billion. Ball had a return on equity of 18.76% and a net margin of 6.61%. The business’s revenue for the quarter was up 19.7% compared to the same quarter last year. During the same period in the previous year, the business posted $0.90 EPS. Ball has set its FY 2026 guidance at 3.930- EPS. Analysts forecast that Ball will post 4.01 earnings per share for the current year.

Ball Announces Dividend

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

Ball Company Profile

Ball Corporation (NYSE: BALL) is a global packaging company that develops and manufactures sustainable aluminum packaging products. Its portfolio primarily includes aluminum beverage cans and bottles, aerosol containers, and other specialty packaging used by beverage, personal care, household and food companies. Ball also produces aluminum cups and related packaging solutions designed to support recycling and reduce reliance on single-use plastic.

Founded in 1880 by the Ball brothers, the company originally became known for glass home-canning jars before expanding into metal packaging.