Kaiser Aluminum (NASDAQ:KALU) Lowered to Buy Rating by Wall Street Zen

Kaiser Aluminum (NASDAQ:KALU) was downgraded by equities research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report released on Saturday.

A number of other equities research analysts also recently weighed in on KALU. KeyCorp boosted their target price on Kaiser Aluminum from $170.00 to $183.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. JPMorgan Chase & Co. reissued an “underweight” rating and set a $142.00 price objective (up from $124.00) on shares of Kaiser Aluminum in a report on Thursday, April 30th. Zacks Research lowered shares of Kaiser Aluminum from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Wells Fargo & Company lifted their price target on shares of Kaiser Aluminum from $158.00 to $169.00 and gave the stock an “underweight” rating in a research report on Friday. Finally, UBS Group boosted their price target on shares of Kaiser Aluminum from $176.00 to $179.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 8th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $168.25.

Kaiser Aluminum Price Performance

Shares of KALU stock opened at $163.17 on Friday. Kaiser Aluminum has a 1 year low of $71.44 and a 1 year high of $195.96. The company has a current ratio of 2.50, a quick ratio of 1.14 and a debt-to-equity ratio of 1.10. The firm’s 50 day moving average is $176.05 and its 200-day moving average is $150.82. The firm has a market capitalization of $2.67 billion, a price-to-earnings ratio of 12.10 and a beta of 1.59.

Kaiser Aluminum (NASDAQ:KALU) last issued its quarterly earnings results on Wednesday, July 22nd. The industrial products company reported $5.53 earnings per share for the quarter, beating analysts’ consensus estimates of $2.66 by $2.87. Kaiser Aluminum had a net margin of 5.49% and a return on equity of 24.71%. The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.12 billion. During the same quarter last year, the business posted $1.21 earnings per share. Kaiser Aluminum’s revenue for the quarter was up 52.7% compared to the same quarter last year. Sell-side analysts forecast that Kaiser Aluminum will post 9.11 EPS for the current fiscal year.

Insider Buying and Selling at Kaiser Aluminum

In other Kaiser Aluminum news, SVP Iulian Gheorghe sold 175 shares of Kaiser Aluminum stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $174.22, for a total value of $30,488.50. Following the transaction, the senior vice president owned 4,448 shares of the company’s stock, valued at approximately $774,930.56. The trade was a 3.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Keith Harvey sold 3,031 shares of the stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $173.13, for a total transaction of $524,757.03. Following the sale, the chief executive officer directly owned 94,308 shares of the company’s stock, valued at $16,327,544.04. This represents a 3.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 71,731 shares of company stock worth $12,529,097 in the last three months. 1.30% of the stock is owned by insiders.

Institutional Trading of Kaiser Aluminum

Several hedge funds and other institutional investors have recently modified their holdings of the company. Farther Finance Advisors LLC boosted its position in shares of 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 period. EverSource Wealth Advisors LLC lifted its stake in Kaiser Aluminum by 475.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 414 shares of the industrial products company’s stock valued at $33,000 after acquiring an additional 342 shares in the last quarter. Global Retirement Partners LLC boosted its position in Kaiser Aluminum by 408.3% during the 4th quarter. Global Retirement Partners LLC now owns 366 shares of the industrial products company’s stock worth $42,000 after acquiring an additional 294 shares during the last quarter. KBC Group NV bought a new position in shares of Kaiser Aluminum during the 1st quarter worth approximately $44,000. Finally, Quantbot Technologies LP bought a new position in shares of Kaiser Aluminum during the 2nd quarter worth approximately $44,000. Institutional investors and hedge funds own 99.29% of the company’s stock.

Kaiser Aluminum News Roundup

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

• Positive Sentiment: Kaiser Aluminum’s Q2 results topped expectations, with earnings of $5.53 per share well above consensus and revenue also exceeding forecasts, reinforcing a strong operational turnaround. Article Title
• Positive Sentiment: Analysts and earnings-call coverage highlighted strong earnings momentum and an upbeat full-year outlook, which likely helped extend the post-earnings rally in KALU. Article Title
• Positive Sentiment: Coverage of the company’s earnings call emphasized record revenue and strong profitability, suggesting the quarter was not just a beat but also a sign of durable improvement in demand and margins. Article Title
• Neutral Sentiment: Wells Fargo raised its price target on Kaiser Aluminum to $169 from $158, but kept an underweight rating, signaling improved valuation expectations while remaining cautious on the stock’s longer-term setup. Article Title

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.