QRG Capital Management Inc. Reduces Stock Position in Alcoa $AA

QRG Capital Management Inc. decreased its stake in shares of Alcoa (NYSE:AA) by 63.6% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,034 shares of the industrial products company’s stock after selling 14,047 shares during the quarter. QRG Capital Management Inc.’s holdings in Alcoa were worth $264,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ritholtz Wealth Management acquired a new stake in shares of Alcoa in the 3rd quarter worth $260,000. Nwam LLC increased its position in Alcoa by 26.6% during the third quarter. Nwam LLC now owns 9,625 shares of the industrial products company’s stock worth $343,000 after purchasing an additional 2,023 shares during the last quarter. Campbell & CO Investment Adviser LLC purchased a new position in Alcoa during the third quarter worth about $1,586,000. Nordea Investment Management AB raised its stake in Alcoa by 190.8% during the third quarter. Nordea Investment Management AB now owns 142,050 shares of the industrial products company’s stock worth $4,592,000 after purchasing an additional 93,204 shares during the period. Finally, Meeder Asset Management Inc. acquired a new position in Alcoa in the 3rd quarter valued at about $104,000.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Wells Fargo & Company cut their price target on shares of Alcoa from $71.00 to $64.00 and set an “equal weight” rating for the company in a report on Friday. Zacks Research raised Alcoa from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 25th. JPMorgan Chase & Co. restated an “underweight” rating and issued a $50.00 target price (up previously from $45.00) on shares of Alcoa in a research report on Thursday, January 8th. BMO Capital Markets upped their price target on Alcoa from $35.00 to $37.00 and gave the company a “market perform” rating in a research note on Thursday, October 23rd. Finally, Argus set a $45.00 price objective on Alcoa in a research report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Alcoa has an average rating of “Hold” and a consensus target price of $48.25.

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 Trading Down 1.4%

Shares of NYSE AA opened at $62.28 on Friday. The company has a current ratio of 1.56, a quick ratio of 0.91 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $16.13 billion, a PE ratio of 14.09, a PEG ratio of 0.25 and a beta of 1.95. Alcoa has a twelve month low of $21.53 and a twelve month high of $66.95. The stock has a fifty day simple moving average of $50.94 and a 200-day simple moving average of $39.42.

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

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.