Kaiser Aluminum (NASDAQ:KALU) Upgraded by Wall Street Zen to “Strong-Buy” Rating

Wall Street Zen upgraded shares of Kaiser Aluminum (NASDAQ:KALU) from a buy rating to a strong-buy rating in a research note released on Saturday.

A number of other equities analysts have also recently issued reports on KALU. Weiss Ratings cut Kaiser Aluminum from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th. Zacks Research cut Kaiser Aluminum from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. JPMorgan Chase & Co. raised their target price on Kaiser Aluminum from $118.00 to $124.00 and gave the stock a “neutral” rating in a report on Monday, February 23rd. KeyCorp began coverage on Kaiser Aluminum in a report on Thursday. They set an “overweight” rating and a $170.00 target price on the stock. Finally, Wells Fargo & Company raised their target price on Kaiser Aluminum from $125.00 to $137.00 and gave the stock an “equal weight” rating in a report on Wednesday. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Kaiser Aluminum currently has a consensus rating of “Hold” and an average target price of $126.25.

Kaiser Aluminum Price Performance

Kaiser Aluminum stock opened at $148.35 on Friday. The business’s 50-day simple moving average is $129.39 and its 200 day simple moving average is $113.33. The stock has a market cap of $2.40 billion, a price-to-earnings ratio of 21.88 and a beta of 1.39. Kaiser Aluminum has a 12-month low of $52.53 and a 12-month high of $150.00. The company has a quick ratio of 1.26, a current ratio of 2.95 and a debt-to-equity ratio of 1.28.

Kaiser Aluminum (NASDAQ:KALU) last posted its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $1.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.56 by ($0.03). Kaiser Aluminum had a net margin of 3.34% and a return on equity of 12.69%. The firm had revenue of $929.00 million during the quarter, compared to the consensus estimate of $902.00 million. During the same quarter in the prior year, the business earned $0.33 EPS. Kaiser Aluminum’s revenue was up 21.4% on a year-over-year basis. As a group, research analysts anticipate that Kaiser Aluminum will post 5.14 earnings per share for the current year.

Kaiser Aluminum Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, April 24th will be given a dividend of $0.77 per share. The ex-dividend date of this dividend is Friday, April 24th. This represents a $3.08 dividend on an annualized basis and a dividend yield of 2.1%. Kaiser Aluminum’s dividend payout ratio (DPR) is currently 45.43%.

Insider Activity at Kaiser Aluminum

In other news, CFO Neal E. West sold 5,000 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $121.72, for a total transaction of $608,600.00. Following the sale, the chief financial officer owned 12,775 shares of the company’s stock, valued at $1,554,973. This trade represents a 28.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Kaiser Aluminum

Hedge funds have recently modified their holdings of the business. Citigroup Inc. raised its position in shares of Kaiser Aluminum by 127.3% during the third quarter. Citigroup Inc. now owns 34,456 shares of the industrial products company’s stock worth $2,659,000 after purchasing an additional 19,294 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in shares of Kaiser Aluminum during the fourth quarter worth about $5,018,000. First National Bank of Omaha acquired a new stake in shares of Kaiser Aluminum during the third quarter worth about $603,000. AlphaQuest LLC raised its position in shares of Kaiser Aluminum by 1,096.2% during the third quarter. AlphaQuest LLC now owns 22,453 shares of the industrial products company’s stock worth $1,732,000 after purchasing an additional 20,576 shares during the period. Finally, Bright Futures Wealth Management LLC. acquired a new stake in shares of Kaiser Aluminum during the third quarter worth about $908,000. Institutional investors and hedge funds own 99.29% of the company’s stock.

Key Kaiser Aluminum News

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

• Positive Sentiment: KeyCorp initiated/expanded coverage with an Overweight rating and a $170 price target; the firm issued much higher quarterly and annual EPS forecasts (FY2026: $7.85, FY2027: $9.30), signaling a bullish view on margin and growth versus the market consensus. KeyCorp coverage
• Positive Sentiment: KeyBanc (coverage noted in media) also initiated with an Overweight/recommendation, adding to the momentum from sell‑side initiations and supporting the case for further share appreciation. KeyBanc initiation
• Neutral Sentiment: Multiple press items repeat KeyCorp’s detailed per‑quarter EPS bridges (Q1–Q4 2026 estimates ~ $1.85–$2.04) — this reinforces the new sell‑side thesis but is largely confirmatory rather than new company-specific news. Market reactions/coverage roundup

Kaiser Aluminum Company 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.