Systematic Financial Management LP Has $29.66 Million Stock Position in Kaiser Aluminum Corporation $KALU

Systematic Financial Management LP reduced its holdings in Kaiser Aluminum Corporation (NASDAQ:KALU) by 2.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 258,210 shares of the industrial products company’s stock after selling 5,791 shares during the period. Systematic Financial Management LP’s holdings in Kaiser Aluminum were worth $29,658,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Hantz Financial Services Inc. grew its stake in shares of Kaiser Aluminum by 340.0% in the third quarter. Hantz Financial Services Inc. now owns 374 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 289 shares during the last quarter. Farther Finance Advisors LLC raised its stake in Kaiser Aluminum by 389.3% during the 4th quarter. Farther Finance Advisors LLC now owns 274 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 218 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Kaiser Aluminum by 475.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 414 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 342 shares during the period. Global Retirement Partners LLC boosted its holdings in Kaiser Aluminum by 408.3% in the 4th quarter. Global Retirement Partners LLC now owns 366 shares of the industrial products company’s stock valued at $42,000 after purchasing an additional 294 shares during the period. Finally, Quantbot Technologies LP acquired a new stake in Kaiser Aluminum in the 2nd quarter worth $44,000. 99.29% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on KALU. UBS Group began coverage on shares of Kaiser Aluminum in a report on Tuesday, May 5th. They set a “neutral” rating and a $176.00 price objective on the stock. Wells Fargo & Company lifted their target price on Kaiser Aluminum from $125.00 to $137.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 15th. Zacks Research upgraded Kaiser Aluminum from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Weiss Ratings raised Kaiser Aluminum from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, April 24th. Finally, KeyCorp raised their price objective on Kaiser Aluminum from $170.00 to $183.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Kaiser Aluminum presently has a consensus rating of “Moderate Buy” and an average target price of $159.50.

Insider Buying and Selling at Kaiser Aluminum

In related news, Director Brett Wilcox sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $174.44, for a total transaction of $2,616,600.00. Following the completion of the transaction, the director owned 9,887 shares in the company, valued at $1,724,688.28. This trade represents a 60.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Richard P. Grimley sold 1,524 shares of the firm’s stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $171.52, for a total value of $261,396.48. Following the transaction, the director owned 4,578 shares of the company’s stock, valued at $785,218.56. This trade represents a 24.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 76,731 shares of company stock worth $13,137,697 over the last three months. 1.30% of the stock is currently owned by insiders.

Kaiser Aluminum Stock Up 3.6%

Shares of KALU stock opened at $175.47 on Friday. The stock has a market cap of $2.87 billion, a P/E ratio of 19.11 and a beta of 1.60. Kaiser Aluminum Corporation has a one year low of $68.22 and a one year high of $183.00. The stock has a fifty day moving average price of $147.12 and a 200 day moving average price of $127.54. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.47 and a quick ratio of 1.14.

Kaiser Aluminum (NASDAQ:KALU) last issued its earnings results on Wednesday, April 22nd. The industrial products company reported $3.74 EPS for the quarter, topping the consensus estimate of $1.96 by $1.78. The firm had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $948.50 million. Kaiser Aluminum had a return on equity of 17.00% and a net margin of 4.14%.Kaiser Aluminum’s quarterly revenue was up 42.4% compared to the same quarter last year. During the same period last year, the business earned $1.44 earnings per share. Analysts predict that Kaiser Aluminum Corporation will post 8.69 earnings per share for the current year.

Kaiser Aluminum Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were given a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a dividend yield of 1.8%. The ex-dividend date was Friday, April 24th. Kaiser Aluminum’s dividend payout ratio (DPR) is 33.55%.

Kaiser Aluminum Company Profile

Kaiser Aluminum Corporation is a U.S.-based producer of semi‐fabricated aluminum products, serving a diverse range of industrial and specialty markets. The company’s offerings include extruded, rolled, and forged aluminum products designed to meet stringent performance requirements in sectors such as aerospace, automotive, defense, electronics, and general engineering. By focusing on high‐value applications, Kaiser Aluminum aims to deliver lightweight, durable solutions that contribute to efficiency and innovation across its customer base.

Operationally, Kaiser Aluminum maintains a network of smelters, extrusion plants, and rolling mills located primarily in North America.