Catalyst Capital Advisors LLC bought a new position in shares of Alcoa (NYSE:AA – Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 44,500 shares of the industrial products company’s stock, valued at approximately $2,952,000.
A number of other institutional investors have also modified their holdings of the business. Bessemer Group Inc. boosted its stake in Alcoa by 22.9% during the 1st quarter. Bessemer Group Inc. now owns 1,559 shares of the industrial products company’s stock worth $103,000 after purchasing an additional 291 shares during the period. Allspring Global Investments Holdings LLC grew its position in Alcoa by 167.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 56,307 shares of the industrial products company’s stock worth $4,057,000 after purchasing an additional 35,280 shares during the last quarter. Independent Financial Group LLC acquired a new position in Alcoa in the 1st quarter valued at about $505,000. D.A. Davidson & CO. raised its stake in Alcoa by 268.9% during the 1st quarter. D.A. Davidson & CO. now owns 54,282 shares of the industrial products company’s stock valued at $3,601,000 after acquiring an additional 39,566 shares during the last quarter. Finally, Advisors Preferred LLC purchased a new stake in Alcoa during the 1st quarter valued at approximately $1,613,000.
Wall Street Analyst Weigh In
AA has been the topic of a number of recent research reports. Wells Fargo & Company dropped their target price on Alcoa from $72.00 to $71.00 and set an “overweight” rating on the stock in a report on Friday. Royal Bank Of Canada set a $70.00 price objective on shares of Alcoa in a research report on Wednesday, July 1st. Weiss Ratings raised shares of Alcoa from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, June 17th. Wall Street Zen downgraded shares of Alcoa from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Morgan Stanley restated an “equal weight” rating and set a $53.00 price objective (down from $79.00) on shares of Alcoa in a research report on Wednesday, July 8th. Five research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $62.73.
Key Headlines Impacting Alcoa
Here are the key news stories impacting Alcoa this week:
- Positive Sentiment: Alcoa reported record quarterly revenue and highlighted strong operational performance, including progress on smelter restarts and improved aluminum EBITDA. Article Title
- Positive Sentiment: Management outlined about $900 million in net present value synergies tied to the South32 asset deal, supporting its longer-term growth strategy. Article Title
- Positive Sentiment: Unusually heavy call-option buying suggests some traders are positioning for a rebound after the post-earnings selloff. Article Title
- Neutral Sentiment: Several analysts trimmed price targets, but JPMorgan and Wells Fargo both kept ratings that were not outright bearish, signaling a wait-and-see stance rather than a major downgrade cycle.
- Negative Sentiment: Alcoa missed Q2 earnings estimates, reporting $2.12 per share versus the $2.25 consensus, which disappointed investors despite better year-over-year results. Article Title
- Negative Sentiment: The company lowered 2026 alumina production guidance by 200,000 to 300,000 metric tons due to Pinjarra refinery issues, raising concerns about near-term earnings pressure. Article Title
Alcoa Price Performance
Alcoa stock opened at $43.84 on Friday. The company has a market cap of $11.57 billion, a P/E ratio of 9.02, a price-to-earnings-growth ratio of 0.50 and a beta of 1.63. Alcoa has a one year low of $28.11 and a one year high of $84.38. The business has a fifty day moving average of $61.70 and a two-hundred day moving average of $62.46. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.88 and a current ratio of 1.48.
Alcoa (NYSE:AA – Get Free Report) last posted its quarterly earnings results on Thursday, July 16th. The industrial products company reported $2.12 earnings per share for the quarter, missing analysts’ consensus estimates of $2.25 by ($0.13). Alcoa had a return on equity of 19.57% and a net margin of 9.48%.The company had revenue of $3.97 billion for the quarter, compared to analyst estimates of $3.99 billion. During the same period last year, the company earned $0.39 earnings per share. As a group, analysts predict that Alcoa will post 6.93 earnings per share for the current fiscal year.
Alcoa Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Tuesday, May 19th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $0.40 annualized dividend and a yield of 0.9%. Alcoa’s payout ratio is currently 10.13%.
Alcoa Company Profile
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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