Kaiser Aluminum's stock story strengthens: EPS soars to $ 1.21, institutions own 99.3%

Jennison Associates LLC disclosed a new investment in Kaiser Aluminum after acquiring 6,271 shares during the first quarter, valued at approximately USD 756,000, according to its latest filing with the US Securities and Exchange Commission.

Global Retirement Partners LLC increased its stake in Kaiser Aluminum by acquiring an additional 294 shares during the period, taking its holding to 366 shares valued at approximately USD 42,000.

Institutional investors now own 99.29 per cent of Kaiser Aluminum's outstanding shares.

Several investment firms also adjusted their positions in the company over recent quarters, while analysts currently maintain a consensus "Hold" rating with an average target price of USD 165.50.

Dividend maintained

Kaiser Aluminum declared a quarterly dividend of USD 0.77 per share, payable on August 14, 2026, to shareholders on record as of July 24, 2026.

The dividend represents an annualised payout of USD 3.08 per share, equivalent to a dividend yield of approximately 1.9 per cent.

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Insider transactions

The company also reported several insider share sales during the quarter.

Director Brett Wilcox sold 15,000 shares on April 27, 2026, for approximately USD 2.62 million, reducing his ownership by 60.27 per cent.

Director Richard P. Grimley sold 1,524 shares on April 29, 2026, valued at approximately USD 261,400, reducing his stake by 24.98 per cent.

Overall, company insiders sold 71,731 shares worth approximately USD 12.53 million during the quarter, while continuing to hold around 1.30 per cent of the company's outstanding stock.

Strong EPS and outlook

The company reported earnings per share (EPS) of USD 5.53 for the quarter ended June 30, 2026, more than double the consensus estimate of USD 2.66.

Quarterly revenue climbed 52.7 per cent year on year to USD 1.26 billion, surpassing analysts' expectations of USD 1.12 billion. During the same period last year, Kaiser Aluminum reported EPS of USD 1.21.

Kaiser Aluminum's shares were trading at USD 164.32, giving the company a market capitalisation of approximately USD 2.68 billion.

Analysts expect the company to report full-year earnings of USD 9.11 per share.

The US producer manufactures semi-fabricated aluminium products for high-value sectors including aerospace, automotive, defence, electronics and general engineering, operating an integrated network of smelters, rolling mills and extrusion facilities across North America.

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