Hanseatic Management Services Inc. acquired a new stake in shares of Alcoa (NYSE:AA – Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 17,958 shares of the industrial products company’s stock, valued at approximately $1,191,000.
Several other large investors have also recently bought and sold shares of AA. NewEdge Advisors LLC increased its holdings in shares of Alcoa by 1,098.0% in the first 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 period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in 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 period. Invesco Ltd. boosted its stake in 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 period. EverSource Wealth Advisors LLC grew its position in Alcoa by 173.8% during the second quarter. EverSource Wealth Advisors LLC now owns 2,040 shares of the industrial products company’s stock worth $60,000 after buying an additional 1,295 shares in the last quarter. 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 Trading Down 6.4%
Shares of AA opened at $43.84 on Friday. The firm has a market cap of $11.57 billion, a price-to-earnings ratio of 9.02, a PEG ratio of 0.47 and a beta of 1.63. 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 has a fifty-two week low of $28.11 and a fifty-two week high of $84.38. The firm has a 50 day moving average price of $61.70 and a 200-day moving average price of $62.46.
Alcoa Announces Dividend
The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, May 19th. Alcoa’s dividend payout ratio (DPR) is 10.13%.
Alcoa News Summary
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
Analysts Set New Price Targets
Several analysts have weighed in on the company. Wall Street Zen cut Alcoa from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. UBS Group cut their price objective on Alcoa from $80.00 to $68.00 and set a “buy” rating for the company in a report on Tuesday, June 30th. Zacks Research cut shares of Alcoa from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 8th. BMO Capital Markets lowered their target price on shares of Alcoa from $60.00 to $55.00 and set a “market perform” rating on the stock in a research note on Friday. Finally, Bank of America dropped their target price on shares of Alcoa from $57.00 to $51.00 and set an “underperform” rating for the company in a research report on Thursday, July 9th. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Alcoa has an average rating of “Hold” and a consensus target price of $62.73.
View Our Latest Stock Analysis on AA
Alcoa 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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