Kaiser Aluminum Corporation (NASDAQ:KALU) Receives Average Rating of “Hold” from Analysts

Shares of Kaiser Aluminum Corporation (NASDAQ:KALU) have received an average rating of “Hold” from the six ratings firms that are currently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $95.6667.

KALU has been the subject of several research analyst reports. JPMorgan Chase & Co. lifted their target price on Kaiser Aluminum from $82.00 to $105.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 28th. Zacks Research downgraded shares of Kaiser Aluminum from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Weiss Ratings reissued a “hold (c+)” rating on shares of Kaiser Aluminum in a research report on Monday, December 29th. Wells Fargo & Company upped their target price on shares of Kaiser Aluminum from $90.00 to $108.00 and gave the stock an “overweight” rating in a research note on Friday, October 24th. Finally, Wall Street Zen raised shares of Kaiser Aluminum from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 25th.

Kaiser Aluminum Trading Up 0.4%

KALU opened at $123.07 on Friday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.08 and a current ratio of 2.48. The stock’s 50 day moving average price is $104.84 and its 200-day moving average price is $88.94. Kaiser Aluminum has a one year low of $46.81 and a one year high of $124.67. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 22.26 and a beta of 1.44.

Kaiser Aluminum (NASDAQ:KALU) last issued its quarterly earnings results on Wednesday, April 2nd. The industrial products company reported $1.21 earnings per share (EPS) for the quarter. The firm had revenue of $765.40 million during the quarter. Kaiser Aluminum had a return on equity of 10.67% and a net margin of 2.85%. On average, equities analysts forecast that Kaiser Aluminum will post 5.14 EPS for the current year.

Insiders Place Their Bets

In other Kaiser Aluminum news, EVP Blain Tiffany sold 8,656 shares of the company’s stock in a transaction on Friday, November 7th. The stock was sold at an average price of $93.92, for a total value of $812,971.52. Following the completion of the sale, the executive vice president directly owned 26,275 shares in the company, valued at approximately $2,467,748. This represents a 24.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.40% of the stock is currently owned by company insiders.

Institutional Trading of Kaiser Aluminum

Several institutional investors and hedge funds have recently made changes to their positions in KALU. GAMMA Investing LLC grew its holdings in Kaiser Aluminum by 20.0% during the 4th quarter. GAMMA Investing LLC now owns 630 shares of the industrial products company’s stock worth $72,000 after acquiring an additional 105 shares in the last quarter. Amalgamated Bank lifted its position in shares of Kaiser Aluminum by 3.6% in the 3rd quarter. Amalgamated Bank now owns 4,725 shares of the industrial products company’s stock worth $365,000 after purchasing an additional 162 shares during the period. Creative Planning boosted its stake in shares of Kaiser Aluminum by 4.0% during the third quarter. Creative Planning now owns 4,680 shares of the industrial products company’s stock valued at $361,000 after purchasing an additional 179 shares in the last quarter. Amundi increased its holdings in Kaiser Aluminum by 8.3% during the third quarter. Amundi now owns 3,029 shares of the industrial products company’s stock valued at $232,000 after buying an additional 232 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake in Kaiser Aluminum by 7.4% in the third quarter. PNC Financial Services Group Inc. now owns 3,689 shares of the industrial products company’s stock worth $285,000 after buying an additional 253 shares in the last quarter. 99.29% of the stock is currently owned by institutional investors.

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.