Elevation Point Wealth Partners LLC Acquires Shares of 11,133 Alcoa $AA

Posted by Brenda Bartman on Aug 25th, 2026

Elevation Point Wealth Partners LLC bought a new stake in Alcoa (NYSE:AA – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,133 shares of the industrial products company’s stock, valued at approximately $580,000.

Other institutional investors have also recently made changes to their positions in the company. Commerce Bank bought a new position in shares of Alcoa during the 2nd quarter worth $768,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Alcoa in the 2nd quarter worth about $1,126,000. Quantbot Technologies LP bought a new stake in Alcoa in the 2nd quarter valued at about $1,179,000. Evolve Private Wealth LLC bought a new stake in Alcoa in the 2nd quarter valued at about $232,000. Finally, EP Wealth Advisors LLC purchased a new stake in Alcoa during the second quarter valued at about $672,000. Hedge funds and other institutional investors own 82.39% of the company’s stock.

Alcoa Trading Down 4.7%

Shares of Alcoa stock opened at $49.41 on Tuesday. The company’s 50-day moving average price is $49.84 and its 200-day moving average price is $60.18. The company has a current ratio of 1.53, a quick ratio of 0.92 and a debt-to-equity ratio of 0.30. Alcoa has a 12-month low of $30.21 and a 12-month high of $84.38. The company has a market cap of $13.04 billion, a price-to-earnings ratio of 10.17, a PEG ratio of 0.59 and a beta of 1.63.

Alcoa (NYSE:AA – Get Free Report) last issued its quarterly earnings data on Thursday, July 16th. The industrial products company reported $2.12 EPS for the quarter, missing the consensus estimate of $2.25 by ($0.13). Alcoa had a net margin of 9.48% and a return on equity of 18.90%. The firm had revenue of $3.97 billion for the quarter, compared to analysts’ expectations of $3.99 billion. During the same period in the prior year, the firm posted $0.39 EPS. On average, equities analysts expect that Alcoa will post 6.55 earnings per share for the current fiscal year.

Alcoa Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Tuesday, August 11th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Tuesday, August 11th. Alcoa’s dividend payout ratio (DPR) is 8.23%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on AA shares. UBS Group reduced their target price on shares of Alcoa from $80.00 to $68.00 and set a “buy” rating for the company in a research note on Tuesday, June 30th. Weiss Ratings raised shares of Alcoa from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, June 17th. BMO Capital Markets reduced their price objective on shares of Alcoa from $60.00 to $55.00 and set a “market perform” rating for the company in a research note on Friday, July 17th. Royal Bank Of Canada set a $70.00 target price on shares of Alcoa in a report on Wednesday, July 1st. Finally, Argus dropped their target price on Alcoa from $73.00 to $55.00 and set a “buy” rating on the stock in a research report on Wednesday, July 22nd. Six equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $61.09.

View Our Latest Report on AA

Alcoa 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.