Tactive Advisors LLC Takes Position in Kaiser Aluminum Corporation $KALU

Tactive Advisors LLC acquired a new stake in Kaiser Aluminum Corporation (NASDAQ:KALU) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 2,744 shares of the industrial products company’s stock, valued at approximately $331,000.

Other large investors have also recently bought and sold shares of the company. Farther Finance Advisors LLC increased its position 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 worth $31,000 after buying an additional 218 shares during the last quarter. Global Retirement Partners LLC lifted its position in shares of Kaiser Aluminum by 408.3% in the fourth quarter. Global Retirement Partners LLC now owns 366 shares of the industrial products company’s stock worth $42,000 after buying an additional 294 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Kaiser Aluminum by 475.0% in the second quarter. EverSource Wealth Advisors LLC now owns 414 shares of the industrial products company’s stock worth $33,000 after buying an additional 342 shares during the last quarter. Quantbot Technologies LP bought a new stake in shares of Kaiser Aluminum during the 2nd quarter worth about $44,000. Finally, Kestra Advisory Services LLC bought a new stake in shares of Kaiser Aluminum during the 4th quarter worth about $68,000. 99.29% of the stock is currently owned by institutional investors.

Kaiser Aluminum Price Performance

NASDAQ KALU opened at $185.03 on Tuesday. Kaiser Aluminum Corporation has a twelve month low of $71.44 and a twelve month high of $195.22. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.14 and a current ratio of 2.47. The stock has a market capitalization of $3.02 billion, a PE ratio of 20.16 and a beta of 1.60. The stock has a 50-day simple moving average of $172.90 and a 200 day simple moving average of $141.05.

Kaiser Aluminum (NASDAQ:KALU) last announced its 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 firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $948.50 million. Kaiser Aluminum had a return on equity of 17.00% and a net margin of 4.14%.The firm’s revenue for the quarter was up 42.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.44 EPS. Research analysts anticipate that Kaiser Aluminum Corporation will post 8.69 EPS for the current year.

Kaiser Aluminum Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were given a $0.77 dividend. This represents a $3.08 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Friday, April 24th. Kaiser Aluminum’s dividend payout ratio is currently 33.55%.

Insider Buying and Selling

In related news, SVP Iulian Gheorghe sold 175 shares of the company’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $174.22, for a total transaction of $30,488.50. Following the completion of the transaction, the senior vice president directly owned 4,448 shares in the company, valued at $774,930.56. This represents a 3.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Brett Wilcox sold 15,000 shares of the company’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $174.44, for a total transaction of $2,616,600.00. Following the transaction, the director owned 9,887 shares of the company’s stock, valued at approximately $1,724,688.28. The trade was a 60.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 71,731 shares of company stock valued at $12,529,097 in the last ninety days. Company insiders own 1.30% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $142.00 price objective (up from $124.00) on shares of Kaiser Aluminum in a research note on Thursday, April 30th. Weiss Ratings upgraded Kaiser Aluminum from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, April 24th. Wells Fargo & Company increased their price target on 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 raised shares of Kaiser Aluminum from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 18th. Finally, UBS Group initiated coverage on shares of Kaiser Aluminum in a research note on Tuesday, May 5th. They issued a “neutral” rating and a $176.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Kaiser Aluminum has an average rating of “Moderate Buy” and an average price target of $159.50.

About Kaiser Aluminum

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.