Kaiser Aluminum (NASDAQ:KALU) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Shares of Kaiser Aluminum Corporation (NASDAQ:KALU) crossed 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.

Wall Street Analyst Weigh In

KALU has been the topic of a number of analyst reports. Wall Street Zen cut Kaiser Aluminum from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 21st. Zacks Research raised Kaiser Aluminum from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 17th. JPMorgan Chase & Co. raised their target price on shares of Kaiser Aluminum from $118.00 to $124.00 and gave the stock a “neutral” rating in a report on Monday, February 23rd. Wells Fargo & Company upped their price target on shares of Kaiser Aluminum from $120.00 to $125.00 and gave the company an “equal weight” rating in a report on Friday, February 20th. Finally, Weiss Ratings raised shares of Kaiser Aluminum from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $107.67.

Kaiser Aluminum Trading Down 4.4%

The stock’s fifty day simple moving average is $129.04 and its two-hundred day simple moving average is $105.59. The firm has a market cap of $1.73 billion, a PE ratio of 15.78 and a beta of 1.37. The company has a quick ratio of 1.26, a current ratio of 2.95 and a debt-to-equity ratio of 1.28.

Kaiser Aluminum (NASDAQ:KALU) last released its 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). The business had revenue of $929.00 million for the quarter, compared to analysts’ expectations of $902.00 million. Kaiser Aluminum had a net margin of 3.34% and a return on equity of 12.69%. Kaiser Aluminum’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.33 earnings per share. On average, sell-side analysts forecast that Kaiser Aluminum Corporation will post 5.14 EPS for the current fiscal year.

Kaiser Aluminum Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Friday, January 23rd were issued a $0.77 dividend. This represents a $3.08 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Friday, January 23rd. Kaiser Aluminum’s payout ratio is 45.43%.

Insider Activity at Kaiser Aluminum

In other 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 completion of the transaction, the chief financial officer directly owned 12,775 shares in the company, valued at $1,554,973. This trade represents a 28.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.40% of the company’s stock.

Institutional Trading of Kaiser Aluminum

Several institutional investors have recently bought and sold shares of KALU. Royal Bank of Canada raised its holdings in Kaiser Aluminum by 212.6% in the first quarter. Royal Bank of Canada now owns 5,815 shares of the industrial products company’s stock worth $352,000 after buying an additional 3,955 shares during the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in shares of Kaiser Aluminum during the first quarter valued at approximately $247,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Kaiser Aluminum by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,491 shares of the industrial products company’s stock worth $575,000 after acquiring an additional 397 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Kaiser Aluminum by 2.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 41,971 shares of the industrial products company’s stock worth $2,544,000 after acquiring an additional 1,084 shares during the last quarter. Finally, Jane Street Group LLC lifted its position in Kaiser Aluminum by 323.6% in the 1st quarter. Jane Street Group LLC now owns 55,190 shares of the industrial products company’s stock valued at $3,346,000 after acquiring an additional 42,160 shares in the last quarter. 99.29% of the stock is owned by hedge funds and other institutional investors.

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.