Principal Financial Group Inc. Raises Position in Alcoa $AA

Principal Financial Group Inc. lifted its position in shares of Alcoa (NYSE:AA) by 3.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 577,823 shares of the industrial products company’s stock after acquiring an additional 20,985 shares during the quarter. Principal Financial Group Inc.’s holdings in Alcoa were worth $38,327,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Basepoint Wealth LLC purchased a new position in Alcoa during the fourth quarter worth about $25,000. Raleigh Capital Management Inc. boosted its holdings in Alcoa by 52,500.0% in the 4th quarter. Raleigh Capital Management Inc. now owns 526 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 525 shares in the last quarter. CoreCap Advisors LLC increased its position in Alcoa by 74.1% during the 4th quarter. CoreCap Advisors LLC now owns 557 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 237 shares during the period. Caitong International Asset Management Co. Ltd increased its position in Alcoa by 5,281.8% during 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 during the period. Finally, Quarry LP raised its stake in shares of Alcoa by 96.0% during the 4th quarter. Quarry LP now owns 694 shares of the industrial products company’s stock worth $37,000 after buying an additional 340 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Wells Fargo & Company reduced their price target on Alcoa from $72.00 to $71.00 and set an “overweight” rating for the company in a report on Friday. Weiss Ratings raised Alcoa from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, June 17th. BMO Capital Markets cut their price objective on Alcoa from $60.00 to $55.00 and set a “market perform” rating for the company in a research report on Friday. Argus set a $73.00 target price on Alcoa in a report on Monday, April 27th. Finally, Wall Street Zen lowered shares of Alcoa from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Five research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $62.73.

Key Headlines Impacting Alcoa

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 Price Performance

AA stock opened at $43.84 on Friday. The firm has a 50 day moving average of $61.70 and a 200-day moving average of $62.46. Alcoa has a 12-month low of $28.11 and a 12-month high of $84.38. The company has a current ratio of 1.48, a quick ratio of 0.88 and a debt-to-equity ratio of 0.36. The company 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.

Alcoa (NYSE:AA) last announced its quarterly earnings results 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). The firm had revenue of $3.97 billion for the quarter, compared to analysts’ expectations of $3.99 billion. Alcoa had a return on equity of 19.57% and a net margin of 9.48%.During the same period last year, the firm earned $0.39 EPS. As a group, equities analysts expect that Alcoa will post 6.79 EPS for the current fiscal year.

Alcoa Dividend Announcement

The company also recently disclosed 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 yield of 0.9%. Alcoa’s payout ratio is currently 10.13%.

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.