Kaiser Aluminum Corporation (NASDAQ:KALU) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Kaiser Aluminum Corporation (NASDAQ:KALU) have received a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $159.50.

Several equities research analysts have recently weighed in on KALU shares. Wells Fargo & Company increased their price objective on Kaiser Aluminum from $125.00 to $137.00 and gave the company an “equal weight” rating in a report on Wednesday, April 15th. Wall Street Zen upgraded Kaiser Aluminum from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 18th. Zacks Research raised Kaiser Aluminum from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. UBS Group assumed coverage on Kaiser Aluminum in a research note on Tuesday, May 5th. They issued a “neutral” rating and a $176.00 price target on the stock. Finally, KeyCorp raised their target price on Kaiser Aluminum from $170.00 to $183.00 and gave the company an “overweight” rating in a report on Friday, April 24th.

Insiders Place Their Bets

In other news, Director Brett Wilcox sold 15,000 shares of the business’s stock in a transaction on Monday, April 27th. The stock was sold at an average price of $174.44, for a total value of $2,616,600.00. Following the sale, the director owned 9,887 shares of the company’s stock, valued at approximately $1,724,688.28. The trade was a 60.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Keith Harvey sold 3,031 shares of the company’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $173.13, for a total value of $524,757.03. Following the transaction, the chief executive officer directly owned 94,308 shares in the company, valued at $16,327,544.04. The trade was a 3.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 71,731 shares of company stock worth $12,529,097. Corporate insiders own 1.30% of the company’s stock.

Institutional Trading of Kaiser Aluminum

Several hedge funds have recently added to or reduced their stakes in the business. Hantz Financial Services Inc. raised its holdings in shares of Kaiser Aluminum by 340.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 374 shares of the industrial products company’s stock worth $29,000 after buying an additional 289 shares in the last quarter. Farther Finance Advisors LLC boosted its position in Kaiser Aluminum by 389.3% in the 4th quarter. Farther Finance Advisors LLC now owns 274 shares of the industrial products company’s stock valued at $31,000 after buying an additional 218 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position 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 buying an additional 342 shares during the last quarter. Global Retirement Partners LLC boosted its position 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 buying an additional 294 shares during the last quarter. Finally, KBC Group NV bought a new position in Kaiser Aluminum in the 1st quarter valued at $44,000. Institutional investors own 99.29% of the company’s stock.

Kaiser Aluminum Price Performance

Shares of NASDAQ KALU opened at $190.63 on Wednesday. The firm has a market cap of $3.11 billion, a PE ratio of 20.77 and a beta of 1.60. Kaiser Aluminum has a one year low of $71.44 and a one year high of $194.43. The firm has a fifty day moving average of $167.10 and a 200 day moving average of $137.40. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.14 and a current ratio of 2.47.

Kaiser Aluminum (NASDAQ:KALU) last issued its quarterly earnings data on Wednesday, April 22nd. The industrial products company reported $3.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.96 by $1.78. Kaiser Aluminum had a net margin of 4.14% and a return on equity of 17.00%. The firm had revenue of $1.11 billion for the quarter, compared to analyst estimates of $948.50 million. During the same period in the previous year, the firm earned $1.44 EPS. Kaiser Aluminum’s revenue was up 42.4% on a year-over-year basis. As a group, research analysts predict that Kaiser Aluminum will post 8.69 EPS for the current fiscal year.

Kaiser Aluminum Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were issued a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Friday, April 24th. Kaiser Aluminum’s payout ratio is 33.55%.

About Kaiser Aluminum

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.