AlphaQuest LLC Raises Holdings in Kaiser Aluminum Corporation $KALU

AlphaQuest LLC boosted its stake in shares of Kaiser Aluminum Corporation (NASDAQ:KALU) by 1,096.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 22,453 shares of the industrial products company’s stock after purchasing an additional 20,576 shares during the period. AlphaQuest LLC owned approximately 0.14% of Kaiser Aluminum worth $1,732,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. First Horizon Corp purchased a new stake in Kaiser Aluminum in the third quarter valued at approximately $27,000. EverSource Wealth Advisors LLC boosted its holdings in Kaiser Aluminum by 475.0% in the second quarter. EverSource Wealth Advisors LLC now owns 414 shares of the industrial products company’s stock valued at $33,000 after purchasing an additional 342 shares during the last quarter. Quantbot Technologies LP purchased a new stake in shares of Kaiser Aluminum in the second quarter worth about $44,000. Tower Research Capital LLC TRC grew its stake in shares of Kaiser Aluminum by 130.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 605 shares of the industrial products company’s stock worth $48,000 after purchasing an additional 343 shares during the period. Finally, CWM LLC increased its holdings in shares of Kaiser Aluminum by 136.3% during the 2nd quarter. CWM LLC now owns 1,616 shares of the industrial products company’s stock valued at $129,000 after purchasing an additional 932 shares in the last quarter. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Kaiser Aluminum Stock Performance

Kaiser Aluminum stock opened at $122.62 on Friday. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 22.17 and a beta of 1.44. The company has a debt-to-equity ratio of 1.29, a current ratio of 2.48 and a quick ratio of 1.08. The firm has a 50 day simple moving average of $115.30 and a 200-day simple moving average of $93.42. Kaiser Aluminum Corporation has a 1-year low of $46.81 and a 1-year high of $135.48.

Kaiser Aluminum Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Friday, January 23rd will be issued a $0.77 dividend. This represents a $3.08 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Friday, January 23rd. Kaiser Aluminum’s dividend payout ratio is currently 55.70%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on KALU shares. Wells Fargo & Company set a $120.00 price objective on shares of Kaiser Aluminum and gave the stock an “equal weight” rating in a research report on Tuesday, January 13th. Wall Street Zen raised Kaiser Aluminum from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 25th. Zacks Research lowered Kaiser Aluminum from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. JPMorgan Chase & Co. upped their price objective on shares of Kaiser Aluminum from $82.00 to $105.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 28th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Kaiser Aluminum in a research note on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $99.67.

Insider Buying and Selling

In other news, EVP Blain Tiffany sold 8,656 shares of the firm’s stock in a transaction on Friday, November 7th. The stock was sold at an average price of $93.92, for a total transaction of $812,971.52. Following the completion of the transaction, the executive vice president directly owned 26,275 shares in the company, valued at $2,467,748. This trade represents a 24.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.40% of the stock is owned by company insiders.

Kaiser Aluminum 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.