Kaiser Aluminum (NASDAQ:KALU) Cut to “Buy” at Wall Street Zen

Posted by Stanley Muller on Oct 27th, 2026

Wall Street Zen cut shares of Kaiser Aluminum (NASDAQ:KALU – Free Report) from a strong-buy rating to a buy rating in a research report released on Saturday,Wall Street Zen reports.

Several other brokerages have also recently issued reports on KALU. KeyCorp reduced their target price on shares of Kaiser Aluminum from $183.00 to $181.00 and set an “overweight” rating for the company in a report on Thursday, October 8th. Zacks Research downgraded Kaiser Aluminum from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 25th. Wells Fargo & Company dropped their price target 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. Barclays assumed coverage on Kaiser Aluminum in a report on Wednesday, October 14th. They issued an “overweight” rating and a $180.00 price objective on the stock. Finally, Weiss Ratings cut shares of Kaiser Aluminum from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, September 2nd. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $146.20.

Read Our Latest Research Report on KALU

Kaiser Aluminum Stock Performance

Shares of NASDAQ:KALU opened at $105.47 on Friday. The firm has a 50 day moving average of $152.16 and a 200 day moving average of $152.99. The company has a quick ratio of 1.25, a current ratio of 2.63 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $1.72 billion, a price-to-earnings ratio of 8.14 and a beta of 1.59. Kaiser Aluminum has a 52 week low of $87.89 and a 52 week high of $199.89.

Kaiser Aluminum (NASDAQ:KALU – Get Free Report) last posted its earnings results on Wednesday, October 21st. The industrial products company reported $1.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.37 by ($0.48). Kaiser Aluminum had a net margin of 4.85% and a return on equity of 23.65%. The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same quarter last year, the firm earned $1.86 EPS. Kaiser Aluminum’s revenue for the quarter was up 43.9% on a year-over-year basis. On average, sell-side analysts predict that Kaiser Aluminum will post 13.40 earnings per share for the current fiscal year.

Kaiser Aluminum Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 23rd will be paid a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, October 23rd. Kaiser Aluminum’s payout ratio is 23.78%.

Institutional Trading of Kaiser Aluminum

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp acquired a new stake in shares of Kaiser Aluminum during the second quarter worth about $38,353,000. Bank of America Corp DE lifted its stake 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 worth $20,652,000 after acquiring an additional 1,508 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of 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 worth $12,233,000 after purchasing an additional 24,853 shares in the last quarter. Assenagon Asset Management S.A. acquired a new position in shares of Kaiser Aluminum during the 2nd quarter worth about $10,659,000. Finally, Empowered Funds LLC boosted its holdings in Kaiser Aluminum by 3.8% in the first quarter. Empowered Funds LLC now owns 76,781 shares of the industrial products company’s stock valued at $9,253,000 after purchasing an additional 2,829 shares in the last quarter. 99.29% of the stock is currently owned by hedge funds and other institutional investors.

Kaiser Aluminum Company Profile

(Get Free Report)

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.