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

Tectonic Advisors LLC bought a new position in shares of Kaiser Aluminum Corporation (NASDAQ:KALU) during the 3rd quarter, HoldingsChannel reports. The firm bought 5,695 shares of the industrial products company’s stock, valued at approximately $825,000.

A number of other large investors have also recently made changes to their positions in KALU. Oregon Public Employees Retirement Fund grew its position in shares of Kaiser Aluminum by 1.7% in the first quarter. Oregon Public Employees Retirement Fund now owns 3,704 shares of the industrial products company’s stock valued at $446,000 after purchasing an additional 62 shares in the last quarter. Allworth Financial LP raised its stake in shares of Kaiser Aluminum by 146.6% during the 2nd quarter. Allworth Financial LP now owns 143 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 85 shares during the period. Farther Finance Advisors LLC lifted its holdings in Kaiser Aluminum by 32.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 400 shares of the industrial products company’s stock worth $58,000 after purchasing an additional 98 shares in the last quarter. Nykredit A S purchased a new stake in Kaiser Aluminum during the 2nd quarter worth about $30,000. Finally, Amundi boosted its stake in Kaiser Aluminum by 7.4% in the 1st quarter. Amundi now owns 2,391 shares of the industrial products company’s stock worth $288,000 after purchasing an additional 165 shares during the period. 99.29% of the stock is owned by institutional investors.

Trending Headlines about Kaiser Aluminum

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

Analyst Ratings Changes

Several research analysts have commented on the company. UBS Group upgraded Kaiser Aluminum from a “neutral” rating to a “buy” rating and raised their target price for the stock from $179.00 to $184.00 in a research note on Monday, August 31st. Barclays began coverage on Kaiser Aluminum in a research report on Wednesday, October 14th. They set an “overweight” rating and a $180.00 price target on the stock. Weiss Ratings downgraded shares of Kaiser Aluminum from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, September 2nd. Zacks Research downgraded shares of Kaiser Aluminum from a “strong-buy” rating to a “hold” rating in a report on Friday, September 25th. Finally, KeyCorp cut their price objective on shares of Kaiser Aluminum from $183.00 to $181.00 and set an “overweight” rating for the company in a research report on Thursday, October 8th. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $162.40.

Kaiser Aluminum Trading Down 6.7%

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

Kaiser Aluminum (NASDAQ:KALU) last posted its quarterly earnings data on Wednesday, October 21st. The industrial products company reported $1.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.37 by ($0.48). Kaiser Aluminum had a net margin of 4.85% and a return on equity of 23.65%. The business had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same period in the prior year, the business posted $1.86 EPS. Kaiser Aluminum’s quarterly revenue was up 43.9% on a year-over-year basis. Equities research analysts forecast that Kaiser Aluminum Corporation will post 13.40 earnings per share for the current fiscal year.

Kaiser Aluminum Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 23rd will be given a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Friday, October 23rd. Kaiser Aluminum’s dividend payout ratio (DPR) is 22.83%.

Kaiser Aluminum Company 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.