Kaiser Aluminum (NASDAQ:KALU) Stock Gets Price Target Cut from KeyCorp

Kaiser Aluminum (NASDAQ:KALU) had its price target decreased by KeyCorp from $181.00 to $127.00 in a report published on Monday, Marketbeat reports. KeyCorp currently has an overweight rating on the industrial products company’s stock. KeyCorp also issued estimates for Kaiser Aluminum’s Q4 2026 earnings at $1.59 EPS, FY2026 earnings at $12.75 EPS and FY2027 earnings at $10.40 EPS.

KALU has been the subject of several other reports. Weiss Ratings cut Kaiser Aluminum from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, September 2nd. Zacks Research downgraded shares of Kaiser Aluminum from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 25th. Wall Street Zen lowered shares of Kaiser Aluminum from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 24th. UBS Group upgraded shares of Kaiser Aluminum from a “neutral” rating to a “buy” rating and upped their target price for the company from $179.00 to $184.00 in a research note on Monday, August 31st. Finally, Barclays cut their target price on shares of Kaiser Aluminum from $180.00 to $155.00 and set an “overweight” rating for the company in a research note on Monday. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $141.00.

Kaiser Aluminum Trading Up 4.0%

Kaiser Aluminum stock opened at $120.85 on Monday. Kaiser Aluminum has a 52 week low of $87.89 and a 52 week high of $199.89. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.25 and a current ratio of 2.63. The firm has a market capitalization of $1.98 billion, a PE ratio of 9.33 and a beta of 1.59. The business’s 50-day simple moving average is $149.96 and its 200-day simple moving average is $152.95.

Kaiser Aluminum (NASDAQ:KALU) last announced its earnings results on Wednesday, October 21st. The industrial products company reported $1.89 earnings per share for the quarter, missing the consensus estimate of $2.37 by ($0.48). The business had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.21 billion. Kaiser Aluminum had a net margin of 4.85% and a return on equity of 23.65%. Kaiser Aluminum’s revenue for the quarter was up 43.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.86 EPS. Equities research analysts forecast that Kaiser Aluminum will post 13.40 earnings per share for the current year.

Kaiser Aluminum Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 23rd will be issued a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, October 23rd. Kaiser Aluminum’s dividend payout ratio (DPR) is presently 23.78%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Allworth Financial LP increased its holdings in Kaiser Aluminum by 146.6% in the 2nd quarter. Allworth Financial LP now owns 143 shares of the industrial products company’s stock valued at $28,000 after buying an additional 85 shares during the period. Nykredit A S bought a new position in shares of Kaiser Aluminum during the 2nd quarter worth about $30,000. Signaturefd LLC lifted its holdings in shares of Kaiser Aluminum by 228.0% during the 3rd quarter. Signaturefd LLC now owns 269 shares of the industrial products company’s stock worth $39,000 after acquiring an additional 187 shares during the period. KBC Group NV bought a new position in shares of Kaiser Aluminum during the 1st quarter worth about $44,000. Finally, Farther Finance Advisors LLC boosted its position in shares of Kaiser Aluminum by 32.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 400 shares of the industrial products company’s stock valued at $58,000 after acquiring an additional 98 shares in the last quarter. 99.29% of the stock is owned by institutional investors.

Trending Headlines about Kaiser Aluminum

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

• Positive Sentiment: UBS maintained a Buy rating on Kaiser Aluminum, indicating confidence in the company’s longer-term prospects despite reducing its price target to $158 from $184. UBS Remains a Buy on Kaiser Aluminum
• Positive Sentiment: Barclays issued a Buy rating on KALU, adding to the positive analyst support for the stock. Kaiser Aluminum Receives a Buy from Barclays
• Positive Sentiment: KeyCorp kept an Overweight rating and a $127 price target, suggesting the firm still sees upside or attractive valuation at current levels. KeyCorp Has Lowered Expectations for Kaiser Aluminum Stock Price
• Neutral Sentiment: JPMorgan upgraded Kaiser Aluminum to Neutral, removing a more bearish stance but stopping short of recommending the shares. Kaiser Aluminum Raised to Neutral at JPMorgan
• Negative Sentiment: KeyCorp’s forecasts imply softer profitability, with projected EPS of $12.75 for fiscal 2026, $10.40 for fiscal 2027, and $1.59 for the fourth quarter—below the current full-year consensus estimate of $13.40. KeyCorp Has Lowered Expectations for Kaiser Aluminum Stock Price
• Negative Sentiment: UBS’s target reduction and the recent quarterly EPS shortfall highlight concerns about near-term earnings momentum, even though revenue increased year over year. Can Kaiser Aluminum Recover After Its Quarterly Miss?

Kaiser Aluminum Company Profile

Kaiser Aluminum Corporation is a producer of semi-fabricated aluminum products used by manufacturers in the aerospace and defense, automotive, industrial, and consumer products markets. The company supplies aluminum materials designed for applications that require strength, light weight, corrosion resistance, and other specialized performance characteristics.

Its product portfolio includes rolled aluminum sheet and plate, extruded products, forged components, and other fabricated aluminum products.