Kaiser Aluminum Corporation (KALU)

Kaiser Aluminum's stock experienced significant movement in the past six months, increasing by 43.2%. The company announced a quarterly cash dividend of $0.77 per share on January 13, 2026, and shares reached a new 52-week high on January 12, 2026. Hugh (Jack) J. Barger, III was appointed Executive Vice President – Sales and Marketing on January 1, 2026. Zacks Research lowered its rating on Kaiser Aluminum to "hold" on December 29, 2025. The appointment of Hugh (Jack) J. Barger, III as EVP – Sales and Marketing was announced on December 18, 2025. Thomas H. Robb was appointed as SVP – Manufacturing on November 17, 2025. EVP Blain Tiffany sold 8,656 shares of company stock on November 7, 2025. Kaiser Aluminum announced the closing of a new senior notes offering on November 5, 2025. JPMorgan Chase & Co. maintained a "Neutral" rating and raised its price target for KALU on October 28, 2025. The company announced the pricing of new senior notes and a proposed private placement on October 27, 2025. Wall Street Zen upgraded Kaiser Aluminum's shares to a "strong-buy" rating on October 25, 2025. Wells Fargo & Company raised its price target and issued an "overweight" rating on October 24, 2025. The company held its Third Quarter 2025 Earnings Conference Call on October 23, 2025. JP Morgan maintained a "Neutral" rating and increased its price target on July 28, 2025. The company held its Second Quarter 2025 Earnings Conference Call on July 24, 2025.

Kaiser Aluminum's product demand is influenced by the cyclical nature of the aluminum industry and the specific trends within its diverse end markets. Demand in aerospace and high-strength applications is driven by growth in global passenger air travel and consistent defense spending. The packaging segment benefits from the shift from plastic to aluminum. General engineering demand is linked to North American industrial activity and re-shoring. The automotive sector sees demand from the push for lightweight vehicles and the growth of electric vehicles. The company's focus on specialized, high-strength applications involves longer-term contracts and higher margins, providing some insulation from short-term aluminum price fluctuations.

Kaiser Aluminum Corp. is a leading producer of semi-fabricated specialty aluminum products, operating in the Materials sector, specifically in the Aluminum Manufacturing industry. The company produces and sells a wide range of aluminum mill products, including flat-rolled, extruded, drawn, and cast aluminum products designed for critical applications across diverse end markets such as aerospace, defense, packaging, automotive, and general engineering. Kaiser Aluminum emphasizes high-performance, safety-oriented, and recyclable aluminum products, and in 2024, introduced its KaiserSelect® Next Gen product line.

Headquartered in Franklin, Tennessee, Kaiser Aluminum generates the majority of its revenue from the U.S. The company operates 13 production facilities across the United States and one in Canada, producing value-added plate, sheet, coil, extrusions, rod, bar, tube, and wire products. Beyond North America, Kaiser Aluminum conducts sales directly through personnel in the United States, Canada, and Western Europe, and through independent sales agents in other parts of Asia, Latin America, and the Middle East.

Kaiser Aluminum maintains a reputation for its focus on sustainability and the production of high-performance, safety-oriented, and recyclable aluminum products. The company's 2021 Sustainability Report highlights its commitment to eco-friendly practices, and innovation is a key aspect of its brand, evidenced by the 2024 introduction of the KaiserSelect® Next Gen product line. Analyst sentiment has been mixed but generally positive, with several upgrades and price target increases. The company's investment narrative emphasizes disciplined execution in a cyclical, capital-intensive industry, supported by an experienced management team. Kaiser Aluminum also boasts a consistent dividend history, having paid dividends for 19 consecutive years, and its annual reports have received a high aggregate usefulness score.

Kaiser Aluminum Corporation is a publicly traded company on NASDAQ under the ticker KALU. Institutional investors hold a significant majority of the company's stock, ranging from approximately 87.24% to 99.29%. Major institutional owners include BlackRock Inc., Vanguard Group Inc., State Street Corp., Macquarie Group Ltd, and Dimensional Fund Advisors Lp. Individual ownership accounts for around 2.55% of the shares. The largest individual shareholder is Keith A. Harvey, the CEO, President, and Chairman, who owns 103,231 shares, representing 0.64% of the company. Insider trading activity in the past three months has primarily involved sales.