BlackRock Amends BALL Corp Stake, Maintains Significant Holding
Ticker: BALL · Form: SC 13G/A · Filed: Jan 26, 2024 · CIK: 9389
| Field | Detail |
|---|---|
| Company | Ball Corp (BALL) |
| Form Type | SC 13G/A |
| Filed Date | Jan 26, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock still owns a big chunk of BALL Corp, signaling institutional confidence.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 26, 2024, indicating its ownership of BALL Corp's Common Stock as of December 31, 2023. This filing, an amendment to a previous Schedule 13G, shows BlackRock continues to be a significant institutional holder in BALL Corp. This matters to investors because large institutional ownership by firms like BlackRock can signal confidence in the company's long-term prospects and can influence stock stability.
Why It Matters
This filing confirms BlackRock's continued substantial investment in BALL Corp, which can be seen as a vote of confidence from a major institutional investor.
Risk Assessment
Risk Level: low — This filing is a routine update from a major institutional investor and does not indicate any immediate significant risk or change in company fundamentals.
Analyst Insight
Investors should note BlackRock's continued presence as a major shareholder, which can be a positive signal, but should also conduct their own due diligence on BALL Corp's fundamentals.
Key Players & Entities
- BlackRock Inc. (company) — the entity filing the SC 13G/A, reporting its ownership in BALL Corp
- BALL Corp (company) — the subject company whose Common Stock is being reported on
- December 31, 2023 (date) — the date of the event which required the filing of this statement
- January 26, 2024 (date) — the filing date of the SC 13G/A
Forward-Looking Statements
- BlackRock will likely maintain a significant stake in BALL Corp for the foreseeable future. (BlackRock Inc.) — medium confidence, target: 2025-12-31
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and '(Amendment No: 1)' in the filing.
Who is the 'subject company' in this filing?
The subject company is BALL Corp, as stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BALL Corp'.
Who is the 'filed by' entity in this document?
The entity that filed this document is BlackRock Inc., as stated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.'.
What is the CUSIP number for the securities mentioned?
The CUSIP number for the Common Stock of BALL Corp is 058498106, as listed under 'CUSIP No. 058498106'.
What was the 'Date of Event Which Requires Filing of this Statement'?
The date of the event which required this filing was December 31, 2023, as stated in the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 26, 2024 regarding BALL Corp (BALL).