Bourgeon Capital Management LLC Takes Position in Alcoa $AA

Bourgeon Capital Management LLC purchased a new position in Alcoa (NYSE:AA) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 17,505 shares of the industrial products company’s stock, valued at approximately $930,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. CoreCap Advisors LLC increased its position in Alcoa by 74.1% during the fourth quarter. CoreCap Advisors LLC now owns 557 shares of the industrial products company’s stock valued at $30,000 after acquiring an additional 237 shares during the last quarter. Hilltop National Bank bought a new stake in shares of Alcoa in the 4th quarter worth about $40,000. True Wealth Design LLC boosted its stake in shares of Alcoa by 2,281.3% during the 4th quarter. True Wealth Design LLC now owns 762 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 730 shares during the period. Advisory Services Network LLC purchased a new position in shares of Alcoa during the 3rd quarter worth about $27,000. Finally, Root Financial Partners LLC bought a new position in Alcoa during the 3rd quarter valued at about $29,000. 82.39% of the stock is owned by hedge funds and other institutional investors.

Alcoa News Summary

Here are the key news stories impacting Alcoa this week:

• Positive Sentiment: Geopolitical supply shock — Iranian strikes on Gulf smelters have tightened global aluminum supply, lifting LME futures and creating immediate pricing tailwinds for producers. Iran’s Attacks on Gulf Aluminum Plants Threaten Supply Crisis
• Positive Sentiment: Direct market reaction — Multiple reports show Alcoa shares rallying after the attacks as investors rotate into U.S. suppliers seen as safer sources of metal and potential margin beneficiaries. Alcoa Corp. (AA) Soars 8% on Aluminum Supply Concerns
• Positive Sentiment: Derivative activity and volume — Unusual options flow (large call purchases) and above-average share volume signal speculative and hedged positioning that can amplify short-term upside. (internal options/volume reports)
• Neutral Sentiment: Analyst views mixed but tilted positive — Some firms have raised targets citing higher aluminum pricing and supply risks, while others remain cautious; median targets sit near current levels, so further upgrades would be a catalyst. Alcoa rallies as aluminum prices stay elevated
• Neutral Sentiment: Industry headwinds exist — Related coverage (Constellium) notes that weaker automotive shipments could cap demand in some segments, an industry-level risk that could limit sustained upside if end-market demand softens. CSTM Gains From Strength in Automotive Structures Unit
• Negative Sentiment: Volatility and mean reversion risk — The rally is materially driven by a geopolitical event; if supply disruptions prove temporary or markets calm, LME prices and Alcoa’s stock could retrace. Alcoa Stock Was Getting Hit by Iran War. Why It’s Now Surging.
• Negative Sentiment: Macroe/operational uncertainty — Continued escalation in the Middle East increases volatility; Alcoa’s earnings sensitivity to realized metal and alumina prices means swings can be sharp and quick. Alcoa Surges 11% After Iran Claims Aluminum Plant Attacks

Wall Street Analyst Weigh In

A number of analysts recently weighed in on AA shares. UBS Group increased their price objective on shares of Alcoa from $48.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, March 12th. Weiss Ratings restated a “hold (c)” rating on shares of Alcoa in a research report on Monday, December 29th. Zacks Research cut Alcoa from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 13th. Wells Fargo & Company set a $68.00 price target on Alcoa in a report on Thursday, March 12th. Finally, Citigroup raised their price target on Alcoa from $54.00 to $76.00 and gave the stock a “buy” rating in a research note on Monday, March 16th. Four analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $50.45.

Alcoa Trading Up 4.9%

AA stock opened at $66.31 on Wednesday. Alcoa has a 12 month low of $21.53 and a 12 month high of $68.40. The firm’s 50-day moving average is $61.01 and its 200 day moving average is $49.44. The company has a market capitalization of $17.50 billion, a PE ratio of 15.00 and a beta of 1.85. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.87.

Alcoa (NYSE:AA) last released its quarterly earnings data on Thursday, January 22nd. The industrial products company reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.31. The company had revenue of $6.75 billion during the quarter, compared to analysts’ expectations of $3.28 billion. Alcoa had a net margin of 9.12% and a return on equity of 16.19%. The firm’s quarterly revenue was down 1.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.04 EPS. On average, research analysts anticipate that Alcoa will post 4.43 EPS for the current year.

Alcoa Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 10th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, March 10th. Alcoa’s payout ratio is currently 9.05%.

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.