Sei Investments Co. Buys 23,373 Shares of Kaiser Aluminum Corporation $KALU

Sei Investments Co. boosted its position in Kaiser Aluminum Corporation (NASDAQ:KALU) by 59.2% during the 1st quarter, Holdings Channel reports. The fund owned 62,842 shares of the industrial products company’s stock after buying an additional 23,373 shares during the period. Sei Investments Co.’s holdings in Kaiser Aluminum were worth $7,573,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of KALU. State Street Corp raised its holdings in shares of Kaiser Aluminum by 31.9% in the 2nd quarter. State Street Corp now owns 1,154,415 shares of the industrial products company’s stock worth $92,238,000 after acquiring an additional 279,231 shares during the last quarter. Hotchkis & Wiley Capital Management LLC acquired a new position in Kaiser Aluminum during the 3rd quarter valued at about $13,111,000. Brightline Capital Management LLC bought a new stake in Kaiser Aluminum in the 4th quarter worth about $19,296,000. Goldman Sachs Group Inc. increased its stake in Kaiser Aluminum by 111.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 179,781 shares of the industrial products company’s stock valued at $20,650,000 after buying an additional 94,874 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its position in shares of Kaiser Aluminum by 211.2% during the 2nd quarter. Raymond James Financial Inc. now owns 82,553 shares of the industrial products company’s stock worth $6,596,000 after buying an additional 56,028 shares in the last quarter. Institutional investors own 99.29% of the company’s stock.

Trending Headlines about Kaiser Aluminum

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

• Positive Sentiment: Zacks upgraded Kaiser Aluminum (KALU) from Hold to Strong Buy, reflecting increased optimism about the company’s earnings outlook and estimate revisions. Kaiser Upgraded to Strong Buy
• Positive Sentiment: KALU was added to Zacks’ Rank #1 Strong Buy list, which could attract investor interest and reinforce expectations for improving profitability. New Strong Buy Stocks for July 30
• Positive Sentiment: Zacks identified Kaiser as a potential growth stock, citing attributes that could support above-average returns. Another Zacks report highlighted KALU among industrial stocks positioned to benefit from resilient manufacturing, infrastructure spending and AI-related demand. Kaiser Growth Stock Analysis Industrial Stocks Amid Manufacturing Resilience
• Neutral Sentiment: A sector comparison examines Kaiser’s year-to-date performance against industrial-products stocks and UniFirst, offering context on relative momentum but no new company-specific catalyst. Industrial Products Stock Performance Comparison
• Neutral Sentiment: Zacks’ value-investing review considers KALU’s valuation, growth and momentum factors, but does not represent a separate change in company fundamentals. Kaiser Value Investor Analysis
• Negative Sentiment: J.P. Morgan maintained its Sell rating on Kaiser Aluminum, signaling that the firm sees downside risk despite the recent bullish Zacks upgrade. J.P. Morgan Maintains Sell Rating

Kaiser Aluminum Price Performance

Kaiser Aluminum stock opened at $159.68 on Monday. The business has a fifty day moving average price of $175.09 and a 200-day moving average price of $152.28. The firm has a market capitalization of $2.61 billion, a P/E ratio of 11.84 and a beta of 1.61. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.50 and a quick ratio of 1.17. Kaiser Aluminum Corporation has a one year low of $71.44 and a one year high of $195.96.

Kaiser Aluminum (NASDAQ:KALU) last issued its earnings results on Wednesday, July 22nd. The industrial products company reported $5.53 EPS for the quarter, topping the consensus estimate of $2.66 by $2.87. The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.12 billion. Kaiser Aluminum had a return on equity of 24.71% and a net margin of 5.49%.The firm’s revenue was up 52.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.21 EPS. As a group, equities research analysts forecast that Kaiser Aluminum Corporation will post 10.63 EPS for the current year.

Kaiser Aluminum Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, July 24th will be given a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Friday, July 24th. Kaiser Aluminum’s dividend payout ratio (DPR) is 22.83%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Zacks Research raised Kaiser Aluminum from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $142.00 price objective (up from $124.00) on shares of Kaiser Aluminum in a research report on Thursday, April 30th. UBS Group upped their price objective on Kaiser Aluminum from $176.00 to $179.00 and gave the company a “neutral” rating in a research note on Wednesday, July 8th. Wall Street Zen raised Kaiser Aluminum from a “buy” rating to a “strong-buy” rating in a research report on Sunday. Finally, KeyCorp lifted their target price on Kaiser Aluminum from $170.00 to $183.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Kaiser Aluminum presently has an average rating of “Hold” and a consensus target price of $168.25.

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.