KeyCorp Comments on Kaiser Aluminum FY2026 Earnings

Kaiser Aluminum Corporation (NASDAQ:KALU) – KeyCorp issued their FY2026 earnings per share estimates for shares of Kaiser Aluminum in a note issued to investors on Sunday, October 25th. KeyCorp analyst S. Mckinney anticipates that the industrial products company will earn $12.75 per share for the year. KeyCorp has an “Overweight” rating and a $127.00 price target on the stock. The consensus estimate for Kaiser Aluminum’s current full-year earnings is $13.40 per share. KeyCorp also issued estimates for Kaiser Aluminum’s Q4 2026 earnings at $1.59 EPS and FY2027 earnings at $10.40 EPS.

Other equities research analysts also recently issued reports about the stock. Weiss Ratings downgraded shares of Kaiser Aluminum from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, September 2nd. Wells Fargo & Company decreased their target price on shares of Kaiser Aluminum from $160.00 to $125.00 and set an “equal weight” rating on the stock in a research report on Friday, October 23rd. Zacks Research lowered shares of Kaiser Aluminum from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 25th. Wall Street Zen cut shares of Kaiser Aluminum from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, UBS Group cut their price target on Kaiser Aluminum from $184.00 to $158.00 and set a “buy” rating for the company in a report on Tuesday. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Kaiser Aluminum presently has an average rating of “Moderate Buy” and a consensus target price of $141.00.

Kaiser Aluminum Price Performance

Shares of KALU stock opened at $116.25 on Wednesday. The firm has a 50-day moving average price of $150.77 and a 200 day moving average price of $152.96. Kaiser Aluminum has a twelve month low of $87.89 and a twelve month high of $199.89.

Kaiser Aluminum (NASDAQ:KALU) last posted its quarterly earnings data on Wednesday, October 21st. The industrial products company reported $1.89 EPS for the quarter, missing analysts’ consensus estimates of $2.37 by ($0.48). The company had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.21 billion. The firm’s revenue was up 43.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.86 earnings per share.

Institutional Trading of Kaiser Aluminum

Several institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp purchased a new position in shares of Kaiser Aluminum in the 2nd quarter worth $38,353,000. Bank of America Corp DE boosted its holdings in Kaiser Aluminum by 0.9% in the first quarter. Bank of America Corp DE now owns 171,369 shares of the industrial products company’s stock valued at $20,652,000 after acquiring an additional 1,508 shares during the last quarter. Principal Financial Group Inc. grew its position in Kaiser Aluminum by 32.4% during the first quarter. Principal Financial Group Inc. now owns 101,510 shares of the industrial products company’s stock valued at $12,233,000 after acquiring an additional 24,853 shares during the period. Empowered Funds LLC grew its position in Kaiser Aluminum by 3.8% during the first quarter. Empowered Funds LLC now owns 76,781 shares of the industrial products company’s stock valued at $9,253,000 after acquiring an additional 2,829 shares during the period. Finally, Sei Investments Co. grew its position in Kaiser Aluminum by 59.2% during the first quarter. Sei Investments Co. now owns 62,842 shares of the industrial products company’s stock valued at $7,573,000 after acquiring an additional 23,373 shares during the period. 99.29% of the stock is owned by hedge funds and other institutional investors.

Kaiser Aluminum Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 23rd will be issued a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Friday, October 23rd.

More Kaiser Aluminum News

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

• Positive Sentiment: JPMorgan upgraded Kaiser Aluminum from “Underweight” to “Neutral” and assigned a $140 price target, down from $146. The upgrade suggests the recent weakness has made the valuation more attractive, despite reduced expectations. Kaiser Aluminum upgraded at J.P. Morgan following post-earnings weakness
• Positive Sentiment: Barclays maintained a bullish stance with a Buy rating, while UBS also retained its Buy rating. UBS lowered its price target to $158 from $184, but the revised target still indicates substantial potential appreciation. Kaiser Aluminum receives a Buy from Barclays UBS adjusts Kaiser Aluminum price target
• Neutral Sentiment: KeyCorp kept an “Overweight” rating but sharply reduced its price target to $127 from $181. The firm estimates fourth-quarter 2026 EPS of $1.59, FY2026 EPS of $12.75 and FY2027 EPS of $10.40, below the current full-year consensus estimate of $13.40. KeyCorp lowers expectations for Kaiser Aluminum
• Negative Sentiment: The primary overhang is Kaiser Aluminum’s latest quarterly result: EPS of $1.89 missed the $2.37 consensus estimate by $0.48, even though revenue reached approximately $1.21 billion and rose 43.9% year over year. The earnings shortfall and lower forward estimates are weighing on sentiment.
• Negative Sentiment: The stock is trading well below its 50-day and 200-day moving averages, reflecting continued technical weakness after the earnings disappointment. Analyst price-target reductions, particularly from KeyCorp and UBS, reinforce concerns about near-term profitability.

Kaiser Aluminum Company Profile

Kaiser Aluminum Corporation is a producer of semi-fabricated aluminum products used by manufacturers in the aerospace and defense, automotive, industrial, and consumer products markets. The company supplies aluminum materials designed for applications that require strength, light weight, corrosion resistance, and other specialized performance characteristics.

Its product portfolio includes rolled aluminum sheet and plate, extruded products, forged components, and other fabricated aluminum products.