Kaiser Aluminum (NASDAQ:KALU) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Kaiser Aluminum Corporation (NASDAQ:KALU)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $105.34 and traded as high as $118.98. Kaiser Aluminum shares last traded at $115.68, with a volume of 263,631 shares changing hands.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Kaiser Aluminum in a report on Monday, December 29th. Wells Fargo & Company raised 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. Wall Street Zen lowered Kaiser Aluminum from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 21st. Zacks Research raised Kaiser Aluminum from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 17th. Finally, JPMorgan Chase & Co. raised their target price on shares of Kaiser Aluminum from $118.00 to $124.00 and gave the company a “neutral” rating in a research note on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $107.67.

Kaiser Aluminum Price Performance

The company has a current ratio of 2.95, a quick ratio of 1.26 and a debt-to-equity ratio of 1.28. The company has a market capitalization of $1.88 billion, a P/E ratio of 17.06 and a beta of 1.37. The company has a 50 day moving average price of $129.57 and a 200 day moving average price of $105.34.

Kaiser Aluminum (NASDAQ:KALU) last announced its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $1.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.56 by ($0.03). Kaiser Aluminum had a net margin of 3.34% and a return on equity of 12.69%. The business had revenue of $929.00 million for the quarter, compared to analyst estimates of $902.00 million. During the same period in the prior year, the business earned $0.33 EPS. The company’s revenue for the quarter was up 21.4% compared to the same quarter last year. On average, equities analysts predict that Kaiser Aluminum Corporation will post 5.14 EPS for the current fiscal year.

Kaiser Aluminum Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 13th. Investors 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 yield of 2.7%. The ex-dividend date of this dividend was Friday, January 23rd. Kaiser Aluminum’s dividend payout ratio (DPR) is currently 45.43%.

Insider Activity

In other Kaiser Aluminum news, CFO Neal E. West sold 5,000 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $121.72, for a total transaction of $608,600.00. Following 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.40% of the company’s stock.

Institutional Trading of Kaiser Aluminum

Several large investors have recently modified their holdings of KALU. Farther Finance Advisors LLC increased its position in shares of Kaiser Aluminum by 389.3% in the fourth quarter. Farther Finance Advisors LLC now owns 274 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 218 shares during the period. First Horizon Corp acquired a new position in Kaiser Aluminum in the third quarter valued at about $27,000. Global Retirement Partners LLC lifted its position 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 worth $42,000 after purchasing an additional 294 shares during the period. Hantz Financial Services Inc. grew 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 worth $29,000 after buying an additional 289 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew 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 worth $33,000 after buying an additional 342 shares in the last quarter. 99.29% of the stock is owned by institutional investors and hedge funds.

Kaiser Aluminum Company Profile

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.