Alcoa $AA Shares Sold by QRG Capital Management Inc.

QRG Capital Management Inc. reduced its position in shares of Alcoa (NYSE:AA) by 63.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,034 shares of the industrial products company’s stock after selling 14,047 shares during the period. QRG Capital Management Inc.’s holdings in Alcoa were worth $264,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. State Street Corp raised its stake in Alcoa by 9.8% in the second quarter. State Street Corp now owns 10,737,466 shares of the industrial products company’s stock valued at $316,863,000 after buying an additional 959,240 shares in the last quarter. L1 Capital Pty Ltd increased its holdings in shares of Alcoa by 178.8% in the 2nd quarter. L1 Capital Pty Ltd now owns 4,814,342 shares of the industrial products company’s stock valued at $142,071,000 after acquiring an additional 3,087,298 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Alcoa by 4.8% during the 2nd quarter. Geode Capital Management LLC now owns 4,637,897 shares of the industrial products company’s stock worth $136,898,000 after acquiring an additional 211,141 shares in the last quarter. Norges Bank purchased a new stake in Alcoa during the second quarter worth approximately $97,933,000. Finally, ARGA Investment Management LP lifted its stake in Alcoa by 2.8% during the second quarter. ARGA Investment Management LP now owns 3,018,772 shares of the industrial products company’s stock worth $89,084,000 after purchasing an additional 83,410 shares during the last quarter.

Analysts Set New Price Targets

AA has been the topic of a number of research analyst reports. Zacks Research raised shares of Alcoa from a “hold” rating to a “strong-buy” rating in a report on Tuesday, November 25th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $50.00 price target (up from $45.00) on shares of Alcoa in a research note on Thursday, January 8th. HSBC boosted their price target on shares of Alcoa from $33.00 to $41.00 and gave the company a “buy” rating in a research report on Friday, October 17th. Morgan Stanley reaffirmed an “overweight” rating and set a $52.00 price objective on shares of Alcoa in a report on Monday, December 15th. Finally, Wells Fargo & Company cut their target price on Alcoa from $71.00 to $64.00 and set an “equal weight” rating on the stock in a research report on Friday. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $48.25.

Alcoa Price Performance

Shares of AA opened at $62.28 on Friday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.91 and a current ratio of 1.56. Alcoa has a fifty-two week low of $21.53 and a fifty-two week high of $66.95. The firm has a 50-day simple moving average of $50.94 and a 200-day simple moving average of $39.42. The company has a market capitalization of $16.13 billion, a price-to-earnings ratio of 14.09, a price-to-earnings-growth ratio of 0.25 and a beta of 1.95.

Alcoa (NYSE:AA) last posted its quarterly earnings data on Thursday, January 22nd. The industrial products company reported $1.26 EPS for the quarter, beating the consensus estimate of $0.95 by $0.31. Alcoa had a return on equity of 16.14% and a net margin of 9.12%.The firm had revenue of $3.45 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same period in the prior year, the business earned $1.04 EPS. The firm’s revenue was down 1.1% compared to the same quarter last year. On average, equities research analysts anticipate that Alcoa will post 4.43 earnings per share for the current year.

More Alcoa News

Here are the key news stories impacting Alcoa this week:

• Positive Sentiment: Q4 beat on top and bottom lines; margin and cash‑flow improvements support the case for continued upside. Alcoa reported $1.26 EPS vs. $0.95 expected and $3.45B revenue vs. $3.28B, with higher adjusted EBITDA, stronger operating/free cash flow and reduced net debt. Alcoa Corporation Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Commodity tailwinds and volume upside: management is cashing in on higher aluminum prices and is targeting more output in 2026, which should help near‑term EBITDA and FCF if prices persist. Alcoa Cashes In On Higher Aluminum Prices, Eyes More Output In 2026
• Positive Sentiment: Portfolio actions and European pricing: Alcoa expects a ~$10/ton CBAM premium uplift in Europe for 2026 and is advancing the San Ciprián restart—potential revenue/margin tailwinds if realized. Alcoa expects $10/ton CBAM premium uplift in Europe for 2026 while advancing San Ciprián restart
• Positive Sentiment: Relative industry positioning: analysts and coverage note Alcoa looks better positioned vs. peers (e.g., Ryerson) thanks to stronger demand exposure, smelter restarts and healthier balance sheet. That can support investor preference for AA over higher‑leverage competitors. Alcoa vs. Ryerson: Which Aluminum Stock Should You Bet On?
• Neutral Sentiment: Full disclosure materials available: earnings call transcript, slide deck and presentation are posted—use these to drill into guidance assumptions (smelter ramps, alumina outlook, capex and FCF cadence). Alcoa Corporation (AA) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Analyst reactions mixed: Wells Fargo raised its price target to $71 but downgraded to Equal Weight—shows upside in some models yet caution on near‑term valuation/risk. (Analyst notes will influence short‑term flows.) Alcoa Earnings Send Shares Lower—Buy the Dip or Wait?
• Negative Sentiment: Guidance caused a sell‑the‑news reaction: management signaled some near‑term pressure on earnings and FCF, which appears to be the proximate cause of the post‑earnings pullback. That raises short‑term uncertainty for investors focused on immediate cash generation. Alcoa Earnings Send Shares Lower—Buy the Dip or Wait?
• Negative Sentiment: Operational uncertainty at specific assets: Alcoa won’t commit to restarting an Indiana smelter line, leaving some volume upside contingent on future decisions and timing. Alcoa Still Won’t Commit to Restarting Indiana Smelter Line
• Negative Sentiment: Sell ratings persist: J.P. Morgan reaffirmed a sell rating, signaling some sell‑side skepticism that could weigh on sentiment until guidance detail and execution are clearer. J.P. Morgan Reaffirms Their Sell Rating on Alcoa (AA)

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.