Old West Investment Management LLC Buys Shares of 236,718 Alcoa $AA

Posted by Geri Gentry on Aug 17th, 2026

Old West Investment Management LLC purchased a new stake in shares of Alcoa (NYSE:AA – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 236,718 shares of the industrial products company’s stock, valued at approximately $12,342,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Basepoint Wealth LLC purchased a new position in Alcoa during the fourth quarter valued at approximately $25,000. Advisory Services Network LLC purchased a new stake in Alcoa in the 3rd quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd lifted its stake in Alcoa by 5,281.8% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 592 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 581 shares in the last quarter. Western Wealth Management LLC bought a new position in Alcoa in the 1st quarter valued at $35,000. Finally, Quarry LP boosted its holdings in Alcoa by 96.0% in the 4th quarter. Quarry LP now owns 694 shares of the industrial products company’s stock valued at $37,000 after purchasing an additional 340 shares during the period.

Alcoa Price Performance

AA stock opened at $49.95 on Monday. The firm has a 50 day simple moving average of $52.01 and a two-hundred day simple moving average of $60.55. The stock has a market cap of $13.18 billion, a PE ratio of 10.28, a P/E/G ratio of 0.57 and a beta of 1.63. Alcoa has a one year low of $28.92 and a one year high of $84.38. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.53 and a quick ratio of 0.92.

Alcoa (NYSE:AA – Get Free Report) last posted its quarterly earnings data on Thursday, July 16th. The industrial products company reported $2.12 earnings per share 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 company had revenue of $3.97 billion for the quarter, compared to analysts’ expectations of $3.99 billion. During the same quarter last year, the business posted $0.39 EPS. On average, analysts predict that Alcoa will post 6.55 EPS for the current fiscal year.

Alcoa Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on AA shares. Argus decreased their price target on shares of Alcoa from $73.00 to $55.00 and set a “buy” rating on the stock in a report on Wednesday, July 22nd. B. Riley Financial dropped their price objective on Alcoa from $92.00 to $80.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. BMO Capital Markets reduced their target price on Alcoa from $60.00 to $55.00 and set a “market perform” rating for the company in a research report on Friday, July 17th. Bank of America decreased their target price on Alcoa from $57.00 to $51.00 and set an “underperform” rating on the stock in a research note on Thursday, July 9th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $53.00 price target (down from $79.00) on shares of Alcoa in a report on Wednesday, July 8th. Six investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $61.09.

Check Out Our Latest Research Report on Alcoa

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.