Kaiser Aluminum Corporation (NASDAQ:KALU - Get Free Report) SVP Iulian Gheorghe sold 175 shares of the business's stock in a transaction on Monday, April 27th. The stock was sold at an average price of $174.22, for a total value of $30,488.50. Following the sale, the senior vice president owned 4,448 shares in the company, valued at approximately $774,930.56. The trade was a 3.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.
Kaiser Aluminum Stock Performance
NASDAQ KALU opened at $172.52 on Thursday. Kaiser Aluminum Corporation has a fifty-two week low of $61.84 and a fifty-two week high of $181.47. The stock has a market cap of $2.82 billion, a price-to-earnings ratio of 18.79 and a beta of 1.39. The business has a fifty day moving average of $133.46 and a 200-day moving average of $118.26. The company has a quick ratio of 1.14, a current ratio of 2.47 and a debt-to-equity ratio of 1.28.
Kaiser Aluminum (NASDAQ:KALU - Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The industrial products company reported $3.74 earnings per share for the quarter, topping analysts' consensus estimates of $1.96 by $1.78. Kaiser Aluminum had a return on equity of 17.00% and a net margin of 4.14%.The company had revenue of $1.11 billion during the quarter, compared to analysts' expectations of $948.50 million. During the same period in the previous year, the firm posted $1.44 earnings per share. The business's revenue for the quarter was up 42.4% compared to the same quarter last year. As a group, analysts predict that Kaiser Aluminum Corporation will post 7.85 earnings per share for the current fiscal year.
Kaiser Aluminum Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, April 24th will be paid a $0.77 dividend. This represents a $3.08 annualized dividend and a yield of 1.8%. The ex-dividend date is Friday, April 24th. Kaiser Aluminum's dividend payout ratio is presently 33.55%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. First Horizon Corp purchased a new position in Kaiser Aluminum in the third quarter valued at about $27,000. Hantz Financial Services Inc. raised its stake in Kaiser Aluminum by 340.0% during the third quarter. Hantz Financial Services Inc. now owns 374 shares of the industrial products company's stock valued at $29,000 after buying an additional 289 shares in the last quarter. Farther Finance Advisors LLC raised its stake in Kaiser Aluminum by 389.3% during the fourth quarter. Farther Finance Advisors LLC now owns 274 shares of the industrial products company's stock valued at $31,000 after buying an additional 218 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in Kaiser Aluminum by 475.0% during the second quarter. EverSource Wealth Advisors LLC now owns 414 shares of the industrial products company's stock valued at $33,000 after buying an additional 342 shares in the last quarter. Finally, Global Retirement Partners LLC raised its stake in Kaiser Aluminum by 408.3% during the fourth quarter. Global Retirement Partners LLC now owns 366 shares of the industrial products company's stock valued at $42,000 after buying an additional 294 shares in the last quarter. Hedge funds and other institutional investors own 99.29% of the company's stock.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on the stock. KeyCorp increased their target price on shares of Kaiser Aluminum from $170.00 to $183.00 and gave the stock an "overweight" rating in a research report on Friday, April 24th. Wells Fargo & Company upped their target price on Kaiser Aluminum from $125.00 to $137.00 and gave the stock an "equal weight" rating in a research report on Wednesday, April 15th. JPMorgan Chase & Co. upped their target price on Kaiser Aluminum from $118.00 to $124.00 and gave the stock a "neutral" rating in a research report on Monday, February 23rd. Weiss Ratings raised Kaiser Aluminum from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, April 24th. Finally, Zacks Research downgraded Kaiser Aluminum from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 13th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $148.00.
Get Our Latest Report on Kaiser Aluminum
Key Headlines Impacting Kaiser Aluminum
Here are the key news stories impacting Kaiser Aluminum this week:
- Positive Sentiment: Analyst price-target lift: an analyst raised KALU’s price target by ~37% to $174.93, which supports a higher valuation and may limit downside. MSN: Price Target Increase
- Neutral Sentiment: Small parcel sale: SVP Iulian Gheorghe sold 175 shares (~$30k) — immaterial in size and unlikely to affect fundamentals on its own. SEC Filing: Iulian Gheorghe Sale
- Negative Sentiment: CEO sale: CEO Keith Harvey sold 47,001 shares (~$8.23M) and cut his ownership by ~32.6% — a large, headline-grabbing transaction that typically raises investor caution. SEC Filing: CEO Sale
- Negative Sentiment: CFO sale: CFO Neal West sold 5,000 shares (~$866k), reducing his stake by ~20.8% — adds to the pattern of leadership liquidations. SEC Filing: CFO Sale
- Negative Sentiment: Director sale: Director Brett Wilcox sold 15,000 shares (~$2.62M), cutting his holding by ~60.3% — another meaningful insider reduction. SEC Filing: Director Sale
- Negative Sentiment: Coverage and narrative risk: TipRanks and media characterize these filings as a “wave” of leadership unloads — that framing can amplify negative market reaction even if sales were for personal reasons (taxes, diversification). TipRanks: Insider Sell-Off
- Negative Sentiment: Media commentary: Jim Cramer said he “can’t recommend” KALU, calling the move “just straight up,” a cautious take that can influence retail flows in the short term. InsiderMonkey: Cramer Comment
About Kaiser Aluminum
(
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.
Further Reading
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