Kaiser Aluminum (KALU) reported third-quarter 2026 net sales of $1.2145 billion, up from $843.5 million a year earlier. Net income was $31.0 million, compared with $39.5 million in the prior-year quarter, while diluted earnings per share were $1.84 versus $2.38.
Quarterly shipments rose to 300.2 million pounds from 270.2 million pounds. The company said it is maintaining its full-year 2026 outlook and expects conversion revenue growth at the high end of its 10% to 15% range.
- Conversion revenue was $439.1 million, up from $350.7 million a year earlier.
- Operating income was $55.2 million, compared with $48.8 million in the prior-year quarter.
- Cash and cash equivalents were $117.3 million at September 30, 2026, and total liquidity was $687 million.
- Kaiser declared a quarterly cash dividend of $0.77 per share, payable November 13, 2026.
- Fred Stephan is scheduled to succeed Keith A. Harvey as president and chief executive officer effective November 1, 2026.
$KALU Insider Trading Activity
$KALU insiders have traded $KALU stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $KALU stock by insiders over the last 6 months:
- KEITH HARVEY (President & CEO) has made 0 purchases and 2 sales selling 50,032 shares for an estimated $8,754,162.
- BRETT WILCOX sold 15,000 shares for an estimated $2,616,600
- NEAL E WEST (EVP & CFO) sold 5,000 shares for an estimated $866,450
- JOHN MALCOLM DONNAN (EVP, CAO and GC) sold 2,743 shares for an estimated $488,806
- RICHARD P. GRIMLEY sold 1,524 shares for an estimated $261,396
- IULIAN GHEORGHE (SVP - Adv Eng & Innovation) sold 175 shares for an estimated $30,488
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$KALU Hedge Fund Activity
We have seen 184 institutional investors add shares of $KALU stock to their portfolio, and 123 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FRANKLIN RESOURCES INC added 266,026 shares (+4181.5%) to their portfolio in Q2 2026, for an estimated $52,042,666
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 259,873 shares (+inf%) to their portfolio in Q2 2026, for an estimated $50,838,954
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 184,233 shares (-74.2%) from their portfolio in Q2 2026, for an estimated $36,041,501
- BRIGHTLINE CAPITAL MANAGEMENT, LLC removed 175,000 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $34,235,250
- WESTFIELD CAPITAL MANAGEMENT CO LP added 163,465 shares (+inf%) to their portfolio in Q2 2026, for an estimated $31,978,657
- WELLINGTON MANAGEMENT GROUP LLP removed 153,440 shares (-46.2%) from their portfolio in Q2 2026, for an estimated $30,017,467
- BARROW HANLEY MEWHINNEY & STRAUSS LLC removed 111,621 shares (-21.0%) from their portfolio in Q2 2026, for an estimated $21,836,416
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
