Persistent Asset Partners Ltd Has $666,000 Holdings in Alcoa $AA

Posted by on Jun 17th, 2026

Persistent Asset Partners Ltd trimmed its holdings in Alcoa (NYSE:AA – Free Report) by 73.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,525 shares of the industrial products company’s stock after selling 34,902 shares during the quarter. Persistent Asset Partners Ltd’s holdings in Alcoa were worth $666,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of AA. NewEdge Advisors LLC grew its position in Alcoa by 1,098.0% in the 1st quarter. NewEdge Advisors LLC now owns 11,704 shares of the industrial products company’s stock worth $357,000 after purchasing an additional 10,727 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Alcoa by 0.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 646,609 shares of the industrial products company’s stock valued at $19,722,000 after buying an additional 4,624 shares during the last quarter. Invesco Ltd. raised its position in shares of Alcoa by 1.9% during the second quarter. Invesco Ltd. now owns 640,528 shares of the industrial products company’s stock valued at $18,902,000 after buying an additional 12,008 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of Alcoa by 173.8% in the second quarter. EverSource Wealth Advisors LLC now owns 2,040 shares of the industrial products company’s stock valued at $60,000 after buying an additional 1,295 shares during the period. Finally, First Trust Advisors LP grew its position in Alcoa by 320.1% during the second quarter. First Trust Advisors LP now owns 269,982 shares of the industrial products company’s stock worth $7,967,000 after buying an additional 205,717 shares in the last quarter.

Alcoa Price Performance

NYSE:AA opened at $62.88 on Wednesday. The company has a quick ratio of 0.88, a current ratio of 1.48 and a debt-to-equity ratio of 0.36. The firm has a market cap of $16.59 billion, a PE ratio of 15.92 and a beta of 1.56. Alcoa has a 12 month low of $27.72 and a 12 month high of $84.38. The company’s 50-day moving average price is $69.11 and its two-hundred day moving average price is $61.82.

Alcoa (NYSE:AA – Get Free Report) last posted its quarterly earnings data on Thursday, April 16th. The industrial products company reported $1.40 earnings per share for the quarter, missing the consensus estimate of $1.60 by ($0.20). The firm had revenue of $3.19 billion for the quarter, compared to analyst estimates of $3.35 billion. Alcoa had a return on equity of 12.57% and a net margin of 8.27%.The business’s quarterly revenue was down 5.2% on a year-over-year basis. During the same period in the previous year, the business posted $2.15 EPS. On average, equities analysts anticipate that Alcoa will post 7.89 EPS for the current fiscal year.

Alcoa Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Tuesday, May 19th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, May 19th. Alcoa’s dividend payout ratio is 10.13%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on AA. Zacks Research cut Alcoa from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. Citigroup upped their target price on Alcoa from $54.00 to $76.00 and gave the company a “buy” rating in a research note on Monday, March 16th. Morgan Stanley set a $79.00 price target on shares of Alcoa in a research note on Thursday, June 11th. Wall Street Zen lowered shares of Alcoa from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Argus set a $73.00 price objective on shares of Alcoa in a research note on Monday, April 27th. Five analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $68.50.

Check Out Our Latest Report on Alcoa

Alcoa Company Profile

(Free Report)

Alcoa Corporation is a global industry leader in the production and management of aluminum, offering an integrated value chain that spans bauxite mining, alumina refining, primary aluminum smelting and the fabrication of value-added products. The company’s operations are organized into segments that include raw material extraction, chemical processing and the manufacture of metal mill products and engineered solutions.

Alcoa’s product portfolio serves diverse end markets such as aerospace, automotive, packaging, construction, electrical and industrial applications.

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Institutional Ownership by Quarter for Alcoa (NYSE:AA)

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