Vanguard Group Reduces $42M in Ball Corporation ($BALL)
Vanguard Group trimmed its Ball Corporation holdings by 674,450 shares, reflecting a 2.1% reduction.
Key Points
- Vanguard Group reduced its holdings in Ball Corporation by 674,450 shares, a 2.1% decrease, leaving it with 31.48 million shares valued at $1.79 billion.
- Ball Corporation, trading at $56.98, has a market cap of $15.17 billion, a P/E ratio of 16.6, and a beta of 1.014.
- Recent analyst ratings include UBS maintaining a hold with a $64 target and Wells Fargo maintaining a buy with a $71 target.
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Vanguard Group has decided to trim its stake in Ball Corporation (NYSE:BALL). According to a recent filing with the SEC, Vanguard reduced its holdings by 674,450 shares, a 2.1% decrease. This brings its total ownership to 31,479,669 shares worth approximately $1.79 billion as of the filing date.
What Changed in Vanguard Group's Ball Corporation Position
The recent SEC filing shows that Vanguard Group cut its Ball Corporation position by 674,450 shares, moving from 32,154,119 shares down to 31,479,669 shares. This adjustment reflects a 2.1% decrease in their holdings. The value of these shares, based on the latest filing, is about $1.79 billion.
Other Institutional Activity in Ball Corporation
Several other major funds have also adjusted their positions in Ball Corporation. BlackRock, Inc., for instance, reduced its holdings by 719,012 shares, ending with 22,866,150 shares valued at approximately $1.35 billion. Price T Rowe Associates trimmed its stake by 830,467 shares, resulting in 18,056,214 shares worth about $1.07 billion. On the other hand, State Street Corp added 533,159 shares, bringing its total to 12,391,737 shares valued at $732 million. Meanwhile, JPMorgan Chase & Co increased its position significantly by 1,374,404 shares, now holding 7,256,377 shares valued at $421 million.
Ball Corporation Stock Down 2.7%
Shares of Ball Corporation (NYSE:BALL) are currently trading around $56.98. The company has a market capitalization of approximately $15.17 billion. It features a P/E ratio of 16.6 and a forward P/E of 12.6, indicating potential future earnings growth. The stock’s beta is 1.014, suggesting it has volatility close to the overall market. Over the past 52 weeks, the stock has ranged from a low of $44.83 to a high of $68.29. Ball's 50-day moving average is $58.53, and its 200-day moving average is $55.25.
$BALL stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Ball Corporation reported revenues of $13.67 billion, reflecting a growth of 16.3%. The company's net margin stands at 6.86%, with a return on equity of 16.79%. Earnings per share (EPS) are reported at $3.43. The next earnings report is scheduled for May 5, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
2 analysts raised price targets.
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EPS & revenue
EPS beat estimates by 8.8%. Revenue beat estimates by 5.1%.
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Profit surprise
EBITDA met by 0 percent. Operating income missed by 8 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
2 target raises.
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Earnings quality
Gross margin up 3.2 points. Operating margin down 1.8 points. Positive free cash flow.
Earnings Call Summary
Ball delivered a strong first quarter with 3.6 billion dollars in revenue, beating consensus by 175 million dollars, and earnings per share of 94 cents, beating expectations by 9 cents. Global beverage can volumes grew about 1 percent, and the company achieved 10 percent operating earnings growth by executing on cost discipline and passing aluminum costs through to customers. Management highlighted that the aluminum can is winning share in all regions and stressed the importance of profit per can as a key metric going forward.
Guidance Ball expects to deliver 10 percent or higher comparable earnings per share growth for the full year 2026. The company guides for greater than 900 million dollars in free cash flow and plans to return 800 million dollars to shareholders through dividends and buybacks. In North America, volumes should grow at the low end of the 1 to 3 percent range. EMEA volumes are expected to grow above 3 to 5 percent due to the Benepack acquisition. South America should see 4 to 6 percent growth.
Solid report. Results were generally better than expected, but the forward outlook did not materially change.
Dividend
Ball Corporation pays an annual dividend rate of $0.80, yielding 1.4%. The payout ratio is 23.32%, indicating a conservative approach to dividend payments.
Insider Buying and Selling at Ball Corporation
Recent insider transactions at Ball Corporation include sales by Cathy Ross and Betty Sapp, each selling 3,369 shares on April 30, 2026. John Panichella also sold 1,833 shares on the same day. On the buying side, Cynthia Niekamp acquired 3,369 shares and John Panichella bought 1,833 shares, both on April 30, 2026.
Analysts Set New Price Targets
On May 6, 2026, UBS maintained its hold rating on Ball Corporation with a price target of $64. On the same day, Wells Fargo reiterated its buy rating with a target of $71. Earlier, on April 15, 2026, Truist Securities maintained a buy rating with a target of $77. The consensus rating for Ball Corporation is a 'buy', with an average price target of $70.79 from 14 analyst opinions.
About Ball Corporation
Ball Corporation, based in Westminster, Colorado, is a major supplier of aluminum packaging products for the beverage, personal care, and household product industries. The company operates in the United States, Brazil, and other international markets. Founded in 1880, Ball Corporation manufactures aluminum beverage containers, aerosol containers, and other related products. It is led by CEO Ronald J. Lewis and employs about 16,000 people globally.
Bottom Line
Vanguard Group's decision to trim its stake in Ball Corporation is part of the regular adjustments made by large institutional investors. While the 13F filing reflects past decisions, it provides insights into the fund's view on the company as of the reporting period. Investors often track such filings to gauge institutional confidence in a company.
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