Legato Capital Management LLC Makes New $490,000 Investment in Kaiser Aluminum Corporation $KALU

Posted by Brenda Bartman on May 27th, 2026

Legato Capital Management LLC acquired a new position in shares of Kaiser Aluminum Corporation (NASDAQ:KALU – Free Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 4,266 shares of the industrial products company’s stock, valued at approximately $490,000.

Other institutional investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC acquired a new position in Kaiser Aluminum during the fourth quarter worth $5,018,000. Citigroup Inc. raised its holdings in 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 buying an additional 19,294 shares during the last quarter. First National Bank of Omaha acquired a new position in Kaiser Aluminum during the third quarter worth $603,000. AlphaQuest LLC raised its holdings in 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 buying an additional 20,576 shares during the last quarter. Finally, Bright Futures Wealth Management LLC. acquired a new position in Kaiser Aluminum during the third quarter worth $908,000. Institutional investors and hedge funds own 99.29% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on KALU shares. UBS Group started coverage on shares of Kaiser Aluminum in a report on Tuesday, May 5th. They issued a “neutral” rating and a $176.00 target price for the company. Wells Fargo & Company increased their target price on shares of Kaiser Aluminum from $125.00 to $137.00 and gave the company an “equal weight” rating in a report on Wednesday, April 15th. Wall Street Zen upgraded shares of Kaiser Aluminum from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. KeyCorp increased their target price on shares of Kaiser Aluminum from $170.00 to $183.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Finally, Zacks Research upgraded shares of Kaiser Aluminum from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $159.50.

Read Our Latest Report on KALU

Kaiser Aluminum Stock Performance

Shares of KALU stock opened at $185.55 on Wednesday. The firm has a 50-day moving average of $149.57 and a 200-day moving average of $129.03. The company has a market cap of $3.03 billion, a P/E ratio of 20.21 and a beta of 1.60. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.47 and a quick ratio of 1.14. Kaiser Aluminum Corporation has a one year low of $70.39 and a one year high of $186.36.

Kaiser Aluminum (NASDAQ:KALU – Get Free Report) last posted its quarterly earnings results on Wednesday, April 22nd. The industrial products company reported $3.74 earnings per share for the quarter, beating the consensus estimate of $1.96 by $1.78. The company had revenue of $1.11 billion during the quarter, compared to analyst estimates of $948.50 million. Kaiser Aluminum had a net margin of 4.14% and a return on equity of 17.00%. The firm’s revenue for the quarter was up 42.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.44 earnings per share. Equities research analysts forecast that Kaiser Aluminum Corporation will post 8.69 EPS for the current fiscal year.

Kaiser Aluminum Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, April 24th were given a dividend of $0.77 per share. The ex-dividend date was Friday, April 24th. This represents a $3.08 annualized dividend and a yield of 1.7%. Kaiser Aluminum’s dividend payout ratio is presently 33.55%.

Insider Activity at Kaiser Aluminum

In related news, CFO Neal E. West sold 5,000 shares of the stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $173.29, for a total transaction of $866,450.00. Following the completion of the transaction, the chief financial officer owned 19,091 shares in the company, valued at approximately $3,308,279.39. This represents a 20.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Richard P. Grimley sold 1,524 shares of the stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $171.52, for a total transaction of $261,396.48. Following the transaction, the director owned 4,578 shares of the company’s stock, valued at approximately $785,218.56. The trade was a 24.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 71,731 shares of company stock valued at $12,529,097 in the last 90 days. 1.30% of the stock is currently owned by company insiders.

Kaiser Aluminum Company Profile

(Free Report)

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.