Ball Corp (BALL)

• Market cap: $14.3B
• 1 day: 0.08%
• 5 days: 7.60%
• 1 month: 0.36%
• 3 months: -10.56%
• 6 months: -21.04%
• Year to date: -7.13%
• 1 year: -22.75%
• 5 years: -25.17%
• 10 years: 35.51%
• Sector: Consumer Discretionary
• Industry: Packaging & Containers

About: Ball is the world's largest metal can manufacturer with market share over 40% in its three main regions (North America, Europe, and South America). The company is focused on increasing capacity amid a wave of new developed-market demand, while also investing in faster-growing emerging-market economies. Ball spun-off its glass jar business in 1993 and is now owned by Newell. The company reports three segments-beverage packaging, North and Central America (48% of 2024 revenue), beverage packaging, EMEA (29%), beverage packaging, South America (17%)-and it generated $12 billion in revenue in 2024.

Employees: 16,000

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

41% more call options, than puts

Call options by funds: $69.6M | Put options by funds: $49.2M

2% less first-time investments, than exits

New positions opened: 94 | Existing positions closed: 96

2.07% less ownership

Funds ownership: 81.35% [Q3] → 79.28% (-2.07%) [Q4]

2% less funds holding

Funds holding: 715 [Q3] → 698 (-17) [Q4]

19% less capital invested

Capital invested by funds: $16.7B [Q3] → $13.6B (-$3.17B) [Q4]

26% less repeat investments, than reductions

Existing positions increased: 216 | Existing positions reduced: 290

80% less funds holding in top 10

Funds holding in top 10: 5 [Q3] → 1 (-4) [Q4]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $54 7% upside
• Avg. target: $61 21% upside
• High target: $70 38% upside

7 analyst ratings

• positive: 5 71%
• neutral: 2 29%
• negative: 0 0%

Truist Securities Michael Roxland 26% 1-year accuracy 15 / 58 met price target	15% upside $58	Buy Maintained	22 Apr 2025
Mizuho John Roberts 22% 1-year accuracy 8 / 37 met price target	15% upside $58	Outperform Maintained	15 Apr 2025
UBS Cleveland Rueckert 100% 1-year accuracy 3 / 3 met price target	7% upside $54	Neutral Maintained	7 Apr 2025
RBC Capital Arun Viswanathan 11% 1-year accuracy 7 / 64 met price target	31% upside $66	Outperform Maintained	6 Feb 2025
Barclays Michael Leithead 26% 1-year accuracy 5 / 19 met price target	21% upside $61	Equal-Weight Maintained	6 Feb 2025