Alcoa $AA Shares Sold by ARGA Investment Management LP

ARGA Investment Management LP reduced its position in Alcoa (NYSE:AA) by 48.1% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,567,261 shares of the industrial products company’s stock after selling 1,451,511 shares during the period. Alcoa comprises approximately 1.4% of ARGA Investment Management LP’s holdings, making the stock its 18th biggest holding. ARGA Investment Management LP owned 0.61% of Alcoa worth $51,547,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Root Financial Partners LLC acquired a new position in Alcoa in the third quarter valued at $29,000. IFP Advisors Inc grew its holdings in Alcoa by 1,096.0% in the 2nd quarter. IFP Advisors Inc now owns 897 shares of the industrial products company’s stock valued at $26,000 after buying an additional 822 shares during the period. Horrell Capital Management Inc. acquired a new position in shares of Alcoa during the 2nd quarter valued at about $30,000. Orion Capital Management LLC purchased a new position in shares of Alcoa during the 3rd quarter worth about $33,000. Finally, Westfuller Advisors LLC acquired a new stake in shares of Alcoa in the third quarter worth approximately $35,000.

Alcoa Trading Down 1.4%

NYSE AA opened at $62.28 on Friday. The stock has a market cap of $16.13 billion, a P/E ratio of 14.09, a PEG ratio of 0.26 and a beta of 1.95. The company’s fifty day simple moving average is $50.94 and its 200-day simple moving average is $39.35. The company has a current ratio of 1.56, a quick ratio of 0.91 and a debt-to-equity ratio of 0.40. Alcoa has a 52 week low of $21.53 and a 52 week high of $66.95.

Alcoa (NYSE:AA) last released its quarterly earnings results on Thursday, January 22nd. The industrial products company reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.31. The firm had revenue of $3.45 billion for the quarter, compared to the consensus estimate of $3.28 billion. Alcoa had a net margin of 9.12% and a return on equity of 16.14%. The firm’s quarterly revenue was down 1.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.04 EPS. Equities research analysts predict that Alcoa will post 4.43 EPS for the current fiscal year.

Alcoa News Summary

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)

Analyst Ratings Changes

AA has been the subject of several research analyst reports. Citigroup upped their price target on shares of Alcoa from $42.00 to $54.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Weiss Ratings restated a “hold (c)” rating on shares of Alcoa in a report on Monday, December 29th. BMO Capital Markets increased their target price on Alcoa from $35.00 to $37.00 and gave the stock a “market perform” rating in a research report on Thursday, October 23rd. Argus set a $45.00 price target on Alcoa in a research report on Thursday, October 30th. Finally, UBS Group raised their price objective on Alcoa from $42.00 to $48.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $48.25.

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.