Key Points
- CFO Neal West sold 5,000 shares at an average price of $121.72 on Feb. 23 for $608,600, cutting his ownership by 28.13% to 12,775 shares (disclosed in an SEC filing).
- Quarterly results were mixed: Kaiser reported $1.53 EPS, missing estimates by $0.03, while revenue rose 21.4% year‑over‑year to $929 million and beat expectations.
- Dividend and market/analyst picture: Kaiser pays a $0.77 quarterly dividend (annual $3.08, 2.4% yield), the stock trades around $131 with a $2.12B market cap, and analysts’ consensus is a "Moderate Buy" with a $107.67 target.
Kaiser Aluminum Corporation (NASDAQ:KALU - Get Free Report) CFO Neal West sold 5,000 shares of the company's stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $121.72, for a total transaction of $608,600.00. Following the completion of the transaction, the chief financial officer owned 12,775 shares in the company, valued at $1,554,973. This trade represents a 28.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Kaiser Aluminum Stock Performance
Kaiser Aluminum stock traded down $1.10 during midday trading on Thursday, hitting $131.03. The company's stock had a trading volume of 24,676 shares, compared to its average volume of 210,113. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.95 and a quick ratio of 1.26. The company has a market cap of $2.12 billion, a price-to-earnings ratio of 19.35 and a beta of 1.42. Kaiser Aluminum Corporation has a 1-year low of $46.81 and a 1-year high of $150.00. The company has a 50-day moving average price of $127.29 and a two-hundred day moving average price of $100.24.
Kaiser Aluminum (NASDAQ:KALU - Get Free Report) last announced its earnings results on Wednesday, February 18th. The industrial products company reported $1.53 EPS for the quarter, missing the consensus estimate of $1.56 by ($0.03). Kaiser Aluminum had a return on equity of 12.69% and a net margin of 3.34%.The business had revenue of $929.00 million for the quarter, compared to the consensus estimate of $902.00 million. During the same period in the prior year, the business posted $0.33 earnings per share. The firm's revenue for the quarter was up 21.4% compared to the same quarter last year. As a group, sell-side analysts predict that Kaiser Aluminum Corporation will post 5.14 earnings per share for the current year.
Kaiser Aluminum Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Friday, January 23rd were given a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Friday, January 23rd. Kaiser Aluminum's dividend payout ratio is presently 45.43%.
Analyst Upgrades and Downgrades
KALU has been the subject of a number of analyst reports. Wells Fargo & Company boosted their price target on Kaiser Aluminum from $120.00 to $125.00 and gave the company an "equal weight" rating in a research note on Friday, February 20th. Weiss Ratings restated a "hold (c+)" rating on shares of Kaiser Aluminum in a research report on Monday, December 29th. Wall Street Zen lowered shares of Kaiser Aluminum from a "strong-buy" rating to a "buy" rating in a research report on Saturday, February 21st. Zacks Research raised shares of Kaiser Aluminum from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 17th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Kaiser Aluminum from $118.00 to $124.00 and gave the company a "neutral" rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $107.67.
Check Out Our Latest Report on Kaiser Aluminum
Institutional Trading of Kaiser Aluminum
Hedge funds have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC boosted its stake in Kaiser Aluminum by 18.3% during the 4th quarter. EverSource Wealth Advisors LLC now owns 471 shares of the industrial products company's stock valued at $54,000 after purchasing an additional 73 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Kaiser Aluminum by 2.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 3,916 shares of the industrial products company's stock valued at $450,000 after purchasing an additional 76 shares in the last quarter. ProShare Advisors LLC boosted its position in shares of Kaiser Aluminum by 3.2% during the fourth quarter. ProShare Advisors LLC now owns 3,127 shares of the industrial products company's stock valued at $359,000 after buying an additional 97 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Kaiser Aluminum by 20.0% during the fourth quarter. GAMMA Investing LLC now owns 630 shares of the industrial products company's stock valued at $72,000 after buying an additional 105 shares during the last quarter. Finally, State of Alaska Department of Revenue grew its holdings in Kaiser Aluminum by 1.2% during the fourth quarter. State of Alaska Department of Revenue now owns 8,842 shares of the industrial products company's stock worth $1,014,000 after buying an additional 109 shares in the last quarter. Institutional investors and hedge funds own 99.29% of the company's stock.
Kaiser Aluminum Company Profile
(
Get 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.
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