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

Kaiser Aluminum Corporation (NASDAQ:KALU) shares 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 traded.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on KALU shares. Wall Street Zen lowered shares of Kaiser Aluminum from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 21st. Wells Fargo & Company boosted 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. Weiss Ratings restated a “hold (c+)” rating on shares of Kaiser Aluminum in a research report on Monday, December 29th. Zacks Research upgraded Kaiser Aluminum from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 17th. Finally, JPMorgan Chase & Co. boosted their target price on Kaiser Aluminum from $118.00 to $124.00 and gave the company a “neutral” rating in a research note on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $107.67.

Kaiser Aluminum Price Performance

The company has a market cap of $1.88 billion, a price-to-earnings ratio of 17.06 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. The company’s fifty day moving average price is $129.57 and its two-hundred day moving average price is $105.34.

Kaiser Aluminum (NASDAQ:KALU) last issued its quarterly earnings data on Wednesday, February 18th. The industrial products company reported $1.53 EPS for the quarter, missing analysts’ consensus estimates of $1.56 by ($0.03). The company had revenue of $929.00 million for the quarter, compared to analyst estimates of $902.00 million. Kaiser Aluminum had a return on equity of 12.69% and a net margin of 3.34%.The company’s revenue was up 21.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.33 earnings per share. On average, equities research analysts forecast that Kaiser Aluminum Corporation will post 5.14 EPS for the current fiscal year.

Kaiser Aluminum Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Friday, January 23rd were paid a $0.77 dividend. The ex-dividend date of this dividend was Friday, January 23rd. This represents a $3.08 annualized dividend and a dividend yield of 2.7%. Kaiser Aluminum’s dividend payout ratio (DPR) is currently 45.43%.

Insider Activity at Kaiser Aluminum

In related news, CFO Neal E. West sold 5,000 shares of the stock in a transaction dated 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 approximately $1,554,973. This trade represents a 28.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Kaiser Aluminum

Large investors have recently bought and sold shares of the company. Citigroup Inc. boosted its holdings in Kaiser Aluminum by 127.3% during the third quarter. Citigroup Inc. now owns 34,456 shares of the industrial products company’s stock worth $2,659,000 after purchasing an additional 19,294 shares during the last quarter. First National Bank of Omaha bought a new position in Kaiser Aluminum in the third quarter valued at $603,000. AlphaQuest LLC increased its stake in Kaiser Aluminum by 1,096.2% in the 3rd quarter. AlphaQuest LLC now owns 22,453 shares of the industrial products company’s stock valued at $1,732,000 after buying an additional 20,576 shares during the last quarter. Bright Futures Wealth Management LLC. bought a new stake in Kaiser Aluminum during the 3rd quarter worth about $908,000. Finally, Deprince Race & Zollo Inc. bought a new stake in Kaiser Aluminum during the 3rd quarter worth about $2,464,000. Institutional investors and hedge funds own 99.29% of the company’s stock.

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.