US stock futures muted with Jackson Hole, retail earnings on tap
WESTMINSTER, Colo. - Ball Corporation (NYSE:BALL) announced on Wednesday a quarterly cash dividend of 20 cents per share, payable September 16, 2025, to shareholders of record as of September 2, 2025. The company has maintained dividend payments for 53 consecutive years, with a current yield of 1.36%, according to InvestingPro data.
The aluminum packaging supplier also appointed Edmund "Ted" Doering as its new Chief Information Officer. Doering, who recently joined the company, will succeed Brian Gabbard, who plans to retire at the end of September after completing a transition period.
Doering brings over 30 years of global IT leadership experience to Ball. He previously served as executive vice president and CIO at Berry Global. His prior roles include Chief Digital Officer at Emerson Electric and CIO of Emerson Automation Solutions.
Ball also announced it will release its second quarter 2025 earnings on Tuesday, August 5, 2025, before the New York Stock Exchange opens for trading. The company will hold its quarterly conference call at 9 a.m. Mountain Time (11 a.m. Eastern Time) on the same day.
Ball Corporation employs approximately 16,000 people worldwide and reported net sales of $11.80 billion in 2024, excluding its divested aerospace business. With a market capitalization of $16.1 billion and an overall financial health score of "GOOD" from InvestingPro, the company specializes in sustainable aluminum packaging solutions for beverage, personal care and household products customers. Ball currently trades at a P/E ratio of 32.8, suggesting premium market valuation relative to its Fair Value estimate.
This information is based on a press release statement issued by Ball Corporation. For deeper insights into Ball’s valuation, financial health metrics, and additional ProTips, access the comprehensive Pro Research Report available exclusively on InvestingPro.
In other recent news, Ball Corporation announced the completion of its public offering of €850 million in senior unsecured notes due 2032. The notes carry an interest rate of 4.250% and are set to mature on July 1, 2032. This offering was upsized from an initial €750 million due to demand and is expected to close on May 19, 2025. The company plans to use the net proceeds for general corporate purposes, including debt refinancing and investments in strategic alliances. Additionally, Ball Corporation has agreed to repurchase approximately $250 million of its outstanding common stock in an accelerated transaction with Crédit Agricole CIB.
In another development, BofA Securities downgraded Ball Corporation’s stock from Buy to Neutral, citing expectations of sluggish volume trends compared to other beverage can manufacturers. The downgrade comes despite Ball’s stock nearing $60 in recent months. Furthermore, a recent increase in aluminum tariffs announced by President Trump is expected to impact beverage can producers, including Ball Corporation. The tariff hike could lead to approximately 2% retail price inflation, affecting the cost of beverage cans.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.