5,695 Shares of Kaiser Aluminum Corporation $KALU Acquired by Tectonic Advisors LLC

Tectonic Advisors LLC bought a new position in Kaiser Aluminum Corporation (NASDAQ:KALU) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 5,695 shares of the industrial products company’s stock, valued at approximately $825,000.

Several other large investors have also added to or reduced their stakes in KALU. Tidal Investments LLC purchased a new stake in shares of Kaiser Aluminum in the second quarter worth approximately $1,355,000. Great Lakes Advisors LLC purchased a new position in shares of Kaiser Aluminum during the second quarter valued at approximately $8,045,000. Jennison Associates LLC purchased a new position in shares of Kaiser Aluminum during the first quarter valued at approximately $756,000. Louisiana State Employees Retirement System purchased a new position in shares of Kaiser Aluminum during the first quarter valued at approximately $856,000. Finally, Assenagon Asset Management S.A. bought a new stake in Kaiser Aluminum during the second quarter worth $10,659,000. Institutional investors own 99.29% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. KeyCorp lowered their price target on Kaiser Aluminum from $183.00 to $181.00 and set an “overweight” rating for the company in a research report on Thursday, October 8th. Barclays began coverage on shares of Kaiser Aluminum in a report on Wednesday, October 14th. They set an “overweight” rating and a $180.00 price objective on the stock. UBS Group upgraded shares of Kaiser Aluminum from a “neutral” rating to a “buy” rating and upped their target price for the stock from $179.00 to $184.00 in a research note on Monday, August 31st. Wall Street Zen downgraded shares of Kaiser Aluminum from a “strong-buy” rating to a “buy” rating in a report on Saturday. Finally, Zacks Research lowered shares of Kaiser Aluminum from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 25th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $162.40.

Kaiser Aluminum Stock Performance

Shares of Kaiser Aluminum stock opened at $107.28 on Friday. The business’s fifty day simple moving average is $153.33 and its 200 day simple moving average is $164.82. The firm has a market capitalization of $1.75 billion, a P/E ratio of 8.28 and a beta of 1.59. Kaiser Aluminum Corporation has a 12 month low of $87.89 and a 12 month high of $199.89. The company has a current ratio of 2.63, a quick ratio of 1.17 and a debt-to-equity ratio of 1.06.

Kaiser Aluminum (NASDAQ:KALU) last released its earnings results on Wednesday, October 21st. The industrial products company reported $1.89 earnings per share for the quarter, missing analysts’ consensus estimates of $2.37 by ($0.48). The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Kaiser Aluminum had a net margin of 4.85% and a return on equity of 23.65%. The firm’s revenue was up 43.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.86 earnings per share. As a group, analysts anticipate that Kaiser Aluminum Corporation will post 13.40 EPS for the current year.

Kaiser Aluminum Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 23rd will be issued a $0.77 dividend. The ex-dividend date of this dividend is Friday, October 23rd. This represents a $3.08 annualized dividend and a yield of 2.9%. Kaiser Aluminum’s dividend payout ratio (DPR) is 22.83%.

More Kaiser Aluminum News

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

• Positive Sentiment: Management highlighted stronger aerospace demand, rising cash flow and better visibility into 2027. These trends could support future revenue growth and profitability as current operational issues are addressed. KALU Q3 Earnings Call Highlights Demand Strength and Margin Pressure
• Positive Sentiment: An analysis argues that Kaiser Aluminum shares could be approximately 43% undervalued, offering potential upside if earnings improve and the company executes on its longer-term growth plans. Kaiser Aluminum Stock Could Be 43% Undervalued As CEO Transition Looms
• Neutral Sentiment: Kaiser reported third-quarter revenue of approximately $1.21 billion, up 43.9% year over year, while adjusted earnings increased to $1.89 per share from $1.86 a year earlier. Revenue growth is encouraging, but profitability did not meet expectations. Kaiser Aluminum Q3 Adjusted Earnings and Revenue Rise
• Negative Sentiment: Third-quarter EPS of $1.89 missed the Zacks consensus estimate of $2.08, reinforcing concerns that higher metal costs and operational disruptions are squeezing margins despite solid demand. Kaiser Aluminum Misses Q3 Earnings Estimates
• Negative Sentiment: Wells Fargo lowered its price target from $160 to $125 and maintained an “equal weight” rating. The reduced target signals less near-term confidence, while the pending CEO transition adds execution uncertainty. Wells Fargo Kaiser Aluminum Analyst Action

Kaiser Aluminum Profile

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.