Van Diest Capital LLC Makes New Investment in Kaiser Aluminum Corporation $KALU

Van Diest Capital LLC acquired a new position in shares of Kaiser Aluminum Corporation (NASDAQ:KALU) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 3,372 shares of the industrial products company’s stock, valued at approximately $406,000.

A number of other institutional investors also recently modified their holdings of KALU. Farther Finance Advisors LLC grew its position 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 worth $31,000 after acquiring an additional 218 shares during the last quarter. KBC Group NV bought a new position in Kaiser Aluminum in the 1st quarter valued at $44,000. Global Retirement Partners LLC raised 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 purchasing an additional 294 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in Kaiser Aluminum by 475.0% in the second quarter. EverSource Wealth Advisors LLC now owns 414 shares of the industrial products company’s stock worth $33,000 after purchasing an additional 342 shares in the last quarter. Finally, Parallel Advisors LLC boosted its stake in Kaiser Aluminum by 107.2% in the first quarter. Parallel Advisors LLC now owns 487 shares of the industrial products company’s stock worth $59,000 after purchasing an additional 252 shares in the last quarter. Institutional investors own 99.29% of the company’s stock.

Insider Buying and Selling

In related news, Director Brett Wilcox sold 15,000 shares of the stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $174.44, for a total value of $2,616,600.00. Following the sale, the director directly owned 9,887 shares in the company, valued at $1,724,688.28. This trade represents a 60.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Richard P. Grimley sold 1,524 shares of Kaiser Aluminum stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $171.52, for a total transaction of $261,396.48. Following the transaction, the director directly owned 4,578 shares in the company, valued at $785,218.56. The trade was a 24.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 71,731 shares of company stock worth $12,529,097 over the last quarter. Insiders own 1.30% of the company’s stock.

Kaiser Aluminum News Summary

Here are the key news stories impacting Kaiser Aluminum this week:

• Positive Sentiment: Kaiser Aluminum’s Q2 results topped expectations, with earnings of $5.53 per share well above consensus and revenue also exceeding forecasts, reinforcing a strong operational turnaround. Article Title
• Positive Sentiment: Analysts and earnings-call coverage highlighted strong earnings momentum and an upbeat full-year outlook, which likely helped extend the post-earnings rally in KALU. Article Title
• Positive Sentiment: Coverage of the company’s earnings call emphasized record revenue and strong profitability, suggesting the quarter was not just a beat but also a sign of durable improvement in demand and margins. Article Title
• Neutral Sentiment: Wells Fargo raised its price target on Kaiser Aluminum to $169 from $158, but kept an underweight rating, signaling improved valuation expectations while remaining cautious on the stock’s longer-term setup. Article Title

Analysts Set New Price Targets

KALU has been the subject of a number of research reports. Wells Fargo & Company raised their target price on Kaiser Aluminum from $158.00 to $169.00 and gave the company an “underweight” rating in a research note on Friday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Kaiser Aluminum in a research report on Tuesday. JPMorgan Chase & Co. reissued an “underweight” rating and set a $142.00 price objective (up from $124.00) on shares of Kaiser Aluminum in a report on Thursday, April 30th. Wall Street Zen cut shares of Kaiser Aluminum from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Finally, Zacks Research downgraded shares of Kaiser Aluminum from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $168.25.

Kaiser Aluminum Stock Performance

KALU stock opened at $163.17 on Friday. The business’s fifty day moving average is $176.05 and its 200-day moving average is $150.82. The company has a quick ratio of 1.14, a current ratio of 2.50 and a debt-to-equity ratio of 1.10. The company has a market cap of $2.67 billion, a P/E ratio of 12.10 and a beta of 1.59. Kaiser Aluminum Corporation has a twelve month low of $71.44 and a twelve month high of $195.96.

Kaiser Aluminum (NASDAQ:KALU) last announced its quarterly earnings data on Wednesday, July 22nd. The industrial products company reported $5.53 EPS for the quarter, topping analysts’ consensus estimates of $2.66 by $2.87. The business had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.12 billion. Kaiser Aluminum had a return on equity of 24.71% and a net margin of 5.49%.The firm’s quarterly revenue was up 52.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.21 earnings per share. Equities research analysts forecast that Kaiser Aluminum Corporation will post 9.11 EPS for the current year.

Kaiser Aluminum Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, July 24th will be given a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Friday, July 24th. Kaiser Aluminum’s payout ratio is presently 22.83%.

Kaiser Aluminum 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.