Dakota Wealth Management Acquires New Stake in Kaiser Aluminum Corporation $KALU

Dakota Wealth Management acquired a new stake in Kaiser Aluminum Corporation (NASDAQ:KALU) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 4,872 shares of the industrial products company’s stock, valued at approximately $560,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. First Horizon Corp purchased a new stake in shares of Kaiser Aluminum during the third quarter worth $27,000. Hantz Financial Services Inc. raised its position in shares of Kaiser Aluminum by 340.0% in the third quarter. Hantz Financial Services Inc. now owns 374 shares of the industrial products company’s stock valued at $29,000 after buying an additional 289 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Kaiser Aluminum by 475.0% in the second quarter. EverSource Wealth Advisors LLC now owns 414 shares of the industrial products company’s stock worth $33,000 after buying an additional 342 shares in the last quarter. Quantbot Technologies LP purchased a new position in shares of Kaiser Aluminum in the second quarter worth about $44,000. Finally, Tower Research Capital LLC TRC boosted its position in Kaiser Aluminum by 130.9% during the second quarter. Tower Research Capital LLC TRC now owns 605 shares of the industrial products company’s stock worth $48,000 after acquiring an additional 343 shares during the last quarter. Institutional investors and hedge funds own 99.29% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Zacks Research raised shares of 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 research note on Monday, February 23rd. Wells Fargo & Company boosted their target price on Kaiser Aluminum from $120.00 to $125.00 and gave the stock an “equal weight” rating in a report on Friday, February 20th. Weiss Ratings upgraded Kaiser Aluminum from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, March 18th. Finally, Wall Street Zen cut Kaiser Aluminum from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 21st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Kaiser Aluminum presently has an average rating of “Moderate Buy” and an average target price of $107.67.

Kaiser Aluminum Price Performance

Shares of KALU stock opened at $114.64 on Tuesday. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.95 and a quick ratio of 1.26. The company has a market capitalization of $1.86 billion, a PE ratio of 16.91 and a beta of 1.37. The firm’s 50-day moving average is $127.42 and its two-hundred day moving average is $107.63. Kaiser Aluminum Corporation has a 12 month low of $46.81 and a 12 month high of $150.00.

Kaiser Aluminum (NASDAQ:KALU) last posted its quarterly earnings results on Wednesday, February 18th. The industrial products company reported $1.53 earnings per share for the quarter, missing the consensus estimate of $1.56 by ($0.03). The firm had revenue of $929.00 million during 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%. The business’s quarterly revenue was up 21.4% on a year-over-year basis. During the same period last year, the company earned $0.33 EPS. Analysts predict that Kaiser Aluminum Corporation will post 5.14 earnings per share for the current year.

Kaiser Aluminum Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Friday, January 23rd were given a $0.77 dividend. This represents a $3.08 annualized dividend and a yield of 2.7%. The ex-dividend date was Friday, January 23rd. Kaiser Aluminum’s dividend payout ratio is presently 45.43%.

Insider Transactions at Kaiser Aluminum

In other Kaiser Aluminum 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 sale, the chief financial officer owned 12,775 shares of the company’s stock, valued at $1,554,973. This trade represents a 28.13% 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. 1.40% of the stock is currently owned by company insiders.

Kaiser Aluminum Company 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.