Principal Financial Group Inc. Boosts Position in Alcoa $AA

Principal Financial Group Inc. boosted its holdings in Alcoa (NYSE:AA) by 3.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 577,823 shares of the industrial products company’s stock after purchasing an additional 20,985 shares during the quarter. Principal Financial Group Inc. owned about 0.22% of Alcoa worth $38,327,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Prime Capital Investment Advisors LLC lifted its position in shares of Alcoa by 1.9% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 10,682 shares of the industrial products company’s stock worth $568,000 after buying an additional 204 shares during the last quarter. Northwestern Mutual Investment Management Company LLC grew its position in shares of Alcoa by 0.4% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 57,940 shares of the industrial products company’s stock valued at $3,079,000 after buying an additional 229 shares during the last quarter. CoreCap Advisors LLC grew its position in shares of Alcoa by 74.1% in the 4th quarter. CoreCap Advisors LLC now owns 557 shares of the industrial products company’s stock valued at $30,000 after buying an additional 237 shares during the last quarter. Crossmark Global Holdings Inc. raised its stake in Alcoa by 1.8% during the 4th quarter. Crossmark Global Holdings Inc. now owns 13,596 shares of the industrial products company’s stock worth $722,000 after acquiring an additional 241 shares in the last quarter. Finally, Sage Rhino Capital LLC lifted its position in Alcoa by 7.0% in the first quarter. Sage Rhino Capital LLC now owns 4,276 shares of the industrial products company’s stock valued at $284,000 after acquiring an additional 279 shares during the last quarter.

Alcoa Stock Performance

Shares of AA stock opened at $43.84 on Friday. The stock’s 50-day moving average price is $61.70 and its 200 day moving average price is $62.46. The company has a quick ratio of 0.88, a current ratio of 1.48 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $11.57 billion, a PE ratio of 9.02, a price-to-earnings-growth ratio of 0.47 and a beta of 1.63. Alcoa has a 52-week low of $28.11 and a 52-week high of $84.38.

Alcoa (NYSE:AA) last posted its quarterly earnings data 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 in the previous year, the business posted $0.39 earnings per share. As a group, equities research analysts forecast that Alcoa will post 6.79 EPS for the current year.

Alcoa Dividend Announcement

The business also recently declared 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 dividend yield of 0.9%. Alcoa’s dividend payout ratio (DPR) is currently 10.13%.

Wall Street Analyst Weigh In

AA has been the subject of several research analyst reports. B. Riley Financial decreased their price objective on shares of Alcoa from $92.00 to $80.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. UBS Group cut their price target on Alcoa from $80.00 to $68.00 and set a “buy” rating on the stock in a research report on Tuesday, June 30th. Wall Street Zen lowered shares of Alcoa from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Bank of America cut their target price on shares of Alcoa from $57.00 to $51.00 and set an “underperform” rating on the stock in a report on Thursday, July 9th. Finally, Royal Bank Of Canada set a $70.00 price target on shares of Alcoa in a research report on Wednesday, July 1st. Five 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.com, the company presently has an average rating of “Hold” and an average target price of $62.73.

Alcoa News Roundup

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 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.