Y Intercept Hong Kong Ltd Makes New $841,000 Investment in Kaiser Aluminum Corporation $KALU

Y Intercept Hong Kong Ltd acquired a new stake in shares of Kaiser Aluminum Corporation (NASDAQ:KALU) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 10,900 shares of the industrial products company’s stock, valued at approximately $841,000.

A number of other large investors also recently modified their holdings of KALU. First Horizon Corp purchased a new stake in Kaiser Aluminum in the 3rd quarter worth $27,000. EverSource Wealth Advisors LLC lifted its position in shares of Kaiser Aluminum by 475.0% in the second quarter. EverSource Wealth Advisors LLC now owns 414 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 342 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of Kaiser Aluminum in the second quarter worth about $44,000. Tower Research Capital LLC TRC grew its position in shares of Kaiser Aluminum by 130.9% during the second quarter. Tower Research Capital LLC TRC now owns 605 shares of the industrial products company’s stock worth $48,000 after purchasing an additional 343 shares in the last quarter. Finally, CWM LLC grew its position in shares of Kaiser Aluminum by 136.3% during the second quarter. CWM LLC now owns 1,616 shares of the industrial products company’s stock worth $129,000 after purchasing an additional 932 shares in the last quarter. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Kaiser Aluminum Price Performance

Kaiser Aluminum stock opened at $131.87 on Tuesday. The firm has a market capitalization of $2.14 billion, a PE ratio of 23.85 and a beta of 1.42. Kaiser Aluminum Corporation has a 12-month low of $46.81 and a 12-month high of $135.48. The firm has a 50-day moving average price of $116.07 and a 200-day moving average price of $93.75. The company has a current ratio of 2.48, a quick ratio of 1.08 and a debt-to-equity ratio of 1.29.

Kaiser Aluminum Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Friday, January 23rd will be given a $0.77 dividend. This represents a $3.08 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Friday, January 23rd. Kaiser Aluminum’s dividend payout ratio is 55.70%.

Analyst Upgrades and Downgrades

KALU has been the topic of several recent analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Kaiser Aluminum from $82.00 to $105.00 and gave the company a “neutral” rating in a research report on Tuesday, October 28th. Wells Fargo & Company set a $120.00 price objective on shares of Kaiser Aluminum and gave the company an “equal weight” rating in a report on Tuesday, January 13th. Zacks Research lowered Kaiser Aluminum from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Kaiser Aluminum in a research report on Monday, December 29th. Finally, Wall Street Zen raised Kaiser Aluminum from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 25th. One analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $99.67.

Insider Buying and Selling at Kaiser Aluminum

In other news, EVP Blain Tiffany sold 8,656 shares of Kaiser Aluminum stock in a transaction on Friday, November 7th. The stock was sold at an average price of $93.92, for a total transaction 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 trade represents a 24.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.40% of the company’s stock.

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.