Deprince Race & Zollo Inc. Boosts Holdings in Kaiser Aluminum Corporation $KALU

Key Points

• Deprince Race & Zollo boosted its stake in Kaiser Aluminum by 47.9% in Q4 to 47,236 shares (about $5.43M), and institutional investors collectively own 99.29% of the company.
• Kaiser reported Q4 EPS of $1.53, missing estimates by $0.03, while revenue came in at $929M—beating forecasts and rising 21.4% year‑over‑year.
• The company declared a quarterly dividend of $0.77 (annualized $3.08) for a yield of 2.1%, with an ex‑dividend date of April 24 and payment scheduled for May 15.

Deprince Race & Zollo Inc. lifted its position in shares of Kaiser Aluminum Corporation (NASDAQ:KALU - Free Report) by 47.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 47,236 shares of the industrial products company's stock after purchasing an additional 15,299 shares during the quarter. Deprince Race & Zollo Inc. owned about 0.29% of Kaiser Aluminum worth $5,426,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the company. GAMMA Investing LLC grew its holdings in shares of Kaiser Aluminum by 20.0% during the 4th quarter. GAMMA Investing LLC now owns 630 shares of the industrial products company's stock worth $72,000 after purchasing an additional 105 shares during the period. Amalgamated Bank grew its holdings in shares of Kaiser Aluminum by 3.6% during the 3rd quarter. Amalgamated Bank now owns 4,725 shares of the industrial products company's stock worth $365,000 after purchasing an additional 162 shares during the period. Creative Planning grew its holdings in shares of Kaiser Aluminum by 4.0% during the 3rd quarter. Creative Planning now owns 4,680 shares of the industrial products company's stock worth $361,000 after purchasing an additional 179 shares during the period. Amundi grew its holdings in shares of Kaiser Aluminum by 8.3% during the 3rd quarter. Amundi now owns 3,029 shares of the industrial products company's stock worth $232,000 after purchasing an additional 232 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Kaiser Aluminum by 7.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,689 shares of the industrial products company's stock worth $285,000 after purchasing an additional 253 shares during the period. Hedge funds and other institutional investors own 99.29% of the company's stock.

Kaiser Aluminum Stock Performance

KALU stock opened at $143.42 on Tuesday. The company has a current ratio of 2.95, a quick ratio of 1.26 and a debt-to-equity ratio of 1.28. The firm has a market cap of $2.32 billion, a P/E ratio of 21.15 and a beta of 1.39. Kaiser Aluminum Corporation has a 12-month low of $52.53 and a 12-month high of $150.00. The stock's 50 day simple moving average is $128.86 and its 200 day simple moving average is $111.72.

Kaiser Aluminum (NASDAQ:KALU - Get Free Report) 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 the consensus estimate of $902.00 million. Kaiser Aluminum had a return on equity of 12.69% and a net margin of 3.34%.Kaiser Aluminum's quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.33 earnings per share. As a group, equities research analysts predict that Kaiser Aluminum Corporation will post 5.14 EPS for the current year.

Kaiser Aluminum Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, April 24th will be paid a dividend of $0.77 per share. The ex-dividend date of this dividend is Friday, April 24th. This represents a $3.08 annualized dividend and a yield of 2.1%. Kaiser Aluminum's dividend payout ratio (DPR) is currently 45.43%.

Insiders Place Their Bets

In related news, CFO Neal E. West sold 5,000 shares of the firm's 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 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.40% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Wall Street Zen cut 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 Kaiser Aluminum from $120.00 to $125.00 and gave the stock an "equal weight" rating in a research report on Friday, February 20th. Weiss Ratings lowered Kaiser Aluminum from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday, April 6th. JPMorgan Chase & Co. boosted their price target on Kaiser Aluminum from $118.00 to $124.00 and gave the stock a "neutral" rating in a research report on Monday, February 23rd. Finally, Zacks Research raised Kaiser Aluminum from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $107.67.

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.

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