Ball Corporation (BALL) To Go Ex-Dividend on December 1st

Ball Corporation (NYSE:BALL – Get Free Report) declared a quarterly dividend on Tuesday, October 27th. Stockholders of record on Tuesday, December 1st will be given a dividend of $0.20 per share on Tuesday, December 15th. This represents a $0.80 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, December 1st.

Ball has raised its dividend payment by an average of 0.1% per year over the last three years. Ball has a payout ratio of 20.1% meaning its dividend is sufficiently covered by earnings. Research analysts expect Ball to earn $4.54 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 17.6%.

Ball Stock Performance

NYSE BALL opened at $63.15 on Thursday. The company has a market capitalization of $16.72 billion, a price-to-earnings ratio of 17.89, a PEG ratio of 1.30 and a beta of 0.96. Ball has a twelve month low of $44.83 and a twelve month high of $68.29. The stock has a fifty day simple moving average of $61.03 and a 200 day simple moving average of $60.75. The company has a quick ratio of 0.66, a current ratio of 1.07 and a debt-to-equity ratio of 1.13.

Ball (NYSE:BALL – Get Free Report) last announced 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 return on equity of 18.76% and a net margin of 6.61%. The business had revenue of $4 billion during the quarter, compared to analyst estimates of $3.69 billion. During the same period last year, the company earned $0.90 EPS. Ball’s revenue for the quarter was up 19.7% compared to the same quarter last year. Ball has set its FY 2026 guidance at 3.930- EPS. Sell-side analysts expect that Ball will post 4.01 EPS for the current year.

Insider Buying and Selling

In related news, SVP Mandy Glew sold 5,626 shares of the business’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $63.80, for a total value of $358,938.80. Following the completion of the sale, the senior vice president directly owned 7,209 shares of the company’s stock, valued at $459,934.20. The trade was a 43.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.58% of the stock is owned by insiders.

Institutional Investors Weigh In On Ball

A number of hedge funds have recently added to or reduced their stakes in BALL. North Dakota State Investment Board boosted its position in shares of Ball by 2.2% during the 3rd quarter. North Dakota State Investment Board now owns 8,149 shares of the company’s stock valued at $457,000 after acquiring an additional 178 shares during the last quarter. Leonteq Securities AG raised its stake in shares of Ball by 3.6% during the second quarter. Leonteq Securities AG now owns 5,415 shares of the company’s stock worth $338,000 after acquiring an additional 188 shares in the last quarter. Andrew Hill Investment Advisors Inc. raised its position in Ball by 2.3% in the 3rd quarter. Andrew Hill Investment Advisors Inc. now owns 8,719 shares of the company’s stock worth $489,000 after purchasing an additional 195 shares during the period. Parkside Financial Bank & Trust increased its holdings in shares of Ball by 29.8% in the second quarter. Parkside Financial Bank & Trust now owns 863 shares of the company’s stock worth $54,000 after buying an additional 198 shares during the period. Finally, Parvin Asset Management LLC lifted its position in Ball by 19.5% in the first quarter. Parvin Asset Management LLC now owns 1,315 shares of the company’s stock valued at $78,000 after purchasing an additional 215 shares during the last quarter. Institutional investors and hedge funds own 86.51% of the company’s stock.

Ball Company Profile

(Get Free Report)

Ball Corporation is a global supplier of sustainable aluminum packaging. The company primarily manufactures aluminum beverage cans, bottles and cups used by beer, soft-drink, energy-drink and other beverage companies. Its products are designed to support brand presentation, product protection and recycling throughout the packaging lifecycle.

Ball serves customers across North and South America, Europe and other international markets through a network of manufacturing facilities. The company also develops and markets aluminum packaging products for additional consumer and household applications, including its reusable and recyclable Ball Aluminum Cup.

Founded in 1880 as a manufacturer of glass containers, Ball evolved into a major producer of metal packaging and became particularly known for its aluminum beverage cans.

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Dividend History for Ball (NYSE:BALL)

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