Ball Corporation (BALL)

Over the past six months, Ball Corp.'s stock price has experienced fluctuations. As of January 14, 2026, the stock has seen a decline of approximately 4.82% to 5.44% over the last six months, though it increased by 17.98% over the last three months. In Q3 2025, Ball Corporation reported revenue of $3.38 billion, surpassing estimates, and announced strong demand for aluminum packaging, including a 3.9% increase in global shipments. In December 2025, Ball Corporation announced an agreement to acquire an 80% stake in Benepack's European beverage can manufacturing operations for approximately €184 million. On January 8, 2026, Morgan Stanley downgraded Ball Corp from "Overweight" to "Equalweight," while raising its price target to $68.00 from $63.00.

Demand for Ball Corporation's products is influenced by consumer trends and seasonal factors, with a rising demand for canned foods and eco-friendly beverage containers. Global aluminum packaging shipments increased by 4.1% in Q2 2025, suggesting an overall market recovery despite tariff disruptions. The global aluminum cans market is projected to grow from $61.1 billion in 2024 to $94.5 billion by 2035. Ball's focus on local sourcing and strong customer relationships helps mitigate the impact of cost hikes and tariffs.

Ball Corporation is a global provider of aluminum packaging solutions for the beverage, personal care, and household products industries, operating within the Consumer Discretionary sector. Its major products include aluminum beverage containers, aerosol containers, recloseable aluminum bottles, beverage bottles, aerosol cans, beverage ends and tabs, personal and home care bottles, aluminum slugs, and aluminum cups. In early 2024, Ball Corporation divested its aerospace business to focus entirely on its core packaging operations.

Ball Corporation has a significant global presence, with operations across the Americas, Europe, Asia Pacific, the Middle East, and Africa. The company maintains over 70 facilities worldwide and operates minority-owned joint ventures in the United States, Guatemala, Panama, and Vietnam.

Ball Corporation has actively focused on enhancing its brand reputation through sustainability initiatives and product innovation, emphasizing its infinite recyclability. Ball won a Fast Company award in 2024 for a can design featuring braille and showcased its innovative packaging solutions at the Global Aerosol & Dispensing Forum during Paris Packaging Week in January 2025. In 2024, Ball's performance was reportedly affected by a customer boycott of one of its largest clients, Anheuser-Busch. The company has indicated it will pursue "alternatives" for its underperforming aluminum cup operation.

Ball Corporation's ownership structure is predominantly institutional, with approximately 75.63% to 86.51% of the company's stock owned by institutional investors. Insiders own about 0.21% to 2.86%, and public companies and individual investors hold the remaining shares. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., Price T Rowe Associates Inc /md/, State Street Corp, Morgan Stanley, Parnassus Investments LLC, Jpmorgan Chase & Co, Geode Capital Management LLC, T Rowe Price Investment Management Inc, and Franklin Resources Inc.