Y Intercept Hong Kong Ltd Takes Position in Alcoa $AA

Posted by George Bondi on Jul 4th, 2026

Y Intercept Hong Kong Ltd bought a new position in shares of Alcoa (NYSE:AA – Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The fund bought 120,287 shares of the industrial products company’s stock, valued at approximately $7,979,000.

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

Wall Street Analysts Forecast Growth

AA has been the subject of a number of research reports. BMO Capital Markets upped their price target on shares of Alcoa from $65.00 to $75.00 and gave the stock a “market perform” rating in a research report on Thursday, April 9th. Argus set a $73.00 price objective on Alcoa in a research note on Monday, April 27th. Zacks Research cut Alcoa from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 12th. Wells Fargo & Company decreased their target price on Alcoa from $82.00 to $71.00 and set an “overweight” rating for the company in a research report on Thursday, June 25th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $79.00 target price on shares of Alcoa in a research note on Wednesday. Six equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $67.82.

Check Out Our Latest Report on Alcoa

Alcoa Stock Performance

NYSE:AA opened at $48.66 on Friday. The firm has a 50-day moving average of $64.86 and a two-hundred day moving average of $62.64. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.48 and a quick ratio of 0.88. The stock has a market cap of $12.84 billion, a P/E ratio of 12.32 and a beta of 1.63. Alcoa has a 1-year low of $28.11 and a 1-year high of $84.38.

Alcoa (NYSE:AA – Get Free Report) last announced its earnings results on Thursday, April 16th. The industrial products company reported $1.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.60 by ($0.20). Alcoa had a return on equity of 12.57% and a net margin of 8.27%.The business had revenue of $3.19 billion for the quarter, compared to analysts’ expectations of $3.35 billion. During the same period in the previous year, the firm posted $2.15 earnings per share. The firm’s revenue was down 5.2% compared to the same quarter last year. On average, research analysts expect that Alcoa will post 7.41 earnings per share for the current fiscal year.

Alcoa Dividend Announcement

The firm also recently announced 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 0.8%. The ex-dividend date was Tuesday, May 19th. Alcoa’s dividend payout ratio is 10.13%.

About Alcoa

(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.