Aberdeen Group plc Acquires 14,253 Shares of Century Aluminum Company $CENX

Aberdeen Group plc increased its holdings in Century Aluminum Company (NASDAQ:CENXFree Report) by 109.3% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 27,297 shares of the industrial products company’s stock after buying an additional 14,253 shares during the quarter. Aberdeen Group plc’s holdings in Century Aluminum were worth $801,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of CENX. CWM LLC grew its stake in shares of Century Aluminum by 26.3% in the third quarter. CWM LLC now owns 1,592 shares of the industrial products company’s stock worth $47,000 after acquiring an additional 332 shares during the period. Arizona State Retirement System boosted its holdings in Century Aluminum by 2.5% in the third quarter. Arizona State Retirement System now owns 16,562 shares of the industrial products company’s stock worth $486,000 after purchasing an additional 411 shares during the last quarter. PNC Financial Services Group Inc. grew its position in Century Aluminum by 12.9% in the 2nd quarter. PNC Financial Services Group Inc. now owns 4,414 shares of the industrial products company’s stock worth $80,000 after purchasing an additional 506 shares during the period. Sei Investments Co. grew its position in Century Aluminum by 2.5% in the 2nd quarter. Sei Investments Co. now owns 20,926 shares of the industrial products company’s stock worth $377,000 after purchasing an additional 509 shares during the period. Finally, Amalgamated Bank raised its stake in Century Aluminum by 3.7% during the 3rd quarter. Amalgamated Bank now owns 15,376 shares of the industrial products company’s stock valued at $451,000 after buying an additional 548 shares during the last quarter. Hedge funds and other institutional investors own 61.59% of the company’s stock.

Century Aluminum News Summary

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

  • Positive Sentiment: Company statement backing the Supreme Court IEEPA ruling and U.S. trade policies; Century says Section 232 tariffs helped justify near‑term production increases (~10% at Mt. Holly) and supports plans to build a new smelter in Inola, OK (large capex and job creation — long‑term production upside). Century Aluminum Company Statement on U.S. Supreme Court IEEPA Ruling
  • Positive Sentiment: Analyst support and institutional interest: recent buy/overweight ratings and price targets (median ~$61) plus large Q4 additions by some institutions support upside expectations. QuiverQuant institutional & analyst notes
  • Positive Sentiment: Sector tailwinds and improving cash flow commentary from analysts — industrials momentum and calls to favor names with rising cash flows include CENX as resilient versus headline earnings. Zacks: rising cash flows
  • Neutral Sentiment: Q4 result details are mixed across reports: revenue of ~$633.7M (up 0.4% YoY) but below some estimates; different outlets report varying EPS metrics (some adjusted measures met estimates while other GAAP figures were far weaker), making near‑term guidance clarity important. Yahoo: Q4 earnings snapshot
  • Negative Sentiment: Market reaction to Q4: several outlets show a revenue miss and sharply weaker net income/GAAP EPS in the quarter, which pressured the stock after the release. QuiverQuant: Stock falls on Q4 earnings
  • Negative Sentiment: Recent insider selling is notable (including large sales reported over the past six months), which can weigh on near‑term sentiment even as institutions adjust positions. QuiverQuant: press release & insider activity
  • Neutral Sentiment: Data oddities: a short‑interest entry shows anomalous/zero values — treat as unreliable until confirmed. QuiverQuant: short interest note

Century Aluminum Trading Up 0.3%

Century Aluminum stock opened at $52.64 on Friday. Century Aluminum Company has a 12-month low of $13.05 and a 12-month high of $55.61. The firm has a market capitalization of $4.91 billion, a price-to-earnings ratio of 131.60 and a beta of 2.24. The firm has a 50 day moving average of $44.83 and a 200 day moving average of $33.49. The company has a current ratio of 1.71, a quick ratio of 0.79 and a debt-to-equity ratio of 0.69.

Century Aluminum (NASDAQ:CENXGet Free Report) last posted its quarterly earnings results on Thursday, February 19th. The industrial products company reported $1.25 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.25. The business had revenue of $633.70 million during the quarter, compared to analyst estimates of $661.63 million. Century Aluminum had a net margin of 1.65% and a return on equity of 6.05%. The company’s revenue was up .4% on a year-over-year basis. During the same period in the prior year, the business posted $0.49 earnings per share. As a group, research analysts predict that Century Aluminum Company will post 2.76 earnings per share for the current year.

Insider Transactions at Century Aluminum

In other Century Aluminum news, CEO Jesse E. Gary sold 150,000 shares of the firm’s stock in a transaction dated Friday, January 23rd. The stock was sold at an average price of $48.19, for a total transaction of $7,228,500.00. Following the sale, the chief executive officer directly owned 292,580 shares of the company’s stock, valued at $14,099,430.20. This trade represents a 33.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.76% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on CENX shares. Wells Fargo & Company raised their price target on Century Aluminum from $46.00 to $61.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Century Aluminum in a report on Wednesday, January 21st. BMO Capital Markets boosted their price target on Century Aluminum from $30.00 to $34.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. B. Riley Financial upped their price target on shares of Century Aluminum from $37.00 to $64.00 and gave the company a “buy” rating in a research report on Tuesday, February 3rd. Finally, Zacks Research upgraded shares of Century Aluminum from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $53.00.

View Our Latest Research Report on Century Aluminum

Century Aluminum Profile

(Free Report)

Century Aluminum Company is a primary aluminum producer that develops and operates smelters designed to supply low-carbon, high-purity aluminum products to a range of industrial and commercial markets. Established in 1995, the company has grown to become a significant North American aluminum producer with an expanding international footprint. Century Aluminum is headquartered in the United States and is focused on energy-efficient operations and cost management.

The company’s core operations include three primary aluminum smelting facilities located in Hawesville, Kentucky; Mount Holly, South Carolina; and Grundartangi, Iceland.

Further Reading

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Institutional Ownership by Quarter for Century Aluminum (NASDAQ:CENX)

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