Bourgeon Capital Management LLC Makes New Investment in Alcoa $AA

Bourgeon Capital Management LLC purchased a new position in shares of Alcoa (NYSE:AA) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 17,505 shares of the industrial products company’s stock, valued at approximately $930,000.

Several other institutional investors have also recently made changes to their positions in the company. Advisory Services Network LLC bought a new stake in shares of Alcoa in the third quarter valued at about $27,000. Root Financial Partners LLC bought a new position in Alcoa during the 3rd quarter worth about $29,000. 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 valued at $30,000 after purchasing an additional 237 shares during the period. Orion Capital Management LLC purchased a new position in Alcoa during the 3rd quarter valued at about $33,000. Finally, Westfuller Advisors LLC bought a new stake in shares of Alcoa in the 3rd quarter valued at about $35,000. Hedge funds and other institutional investors own 82.39% of the company’s stock.

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

Alcoa Price Performance

NYSE AA 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 fifty day simple moving average is $61.01 and its two-hundred day simple moving average is $49.44. The company has a current ratio of 1.44, a quick ratio of 0.87 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $17.50 billion, a P/E ratio of 15.00 and a beta of 1.85.

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

Alcoa Dividend Announcement

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

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. Morgan Stanley reaffirmed an “overweight” rating and issued a $52.00 price target on shares of Alcoa in a research report on Monday, December 15th. JPMorgan Chase & Co. raised shares of Alcoa from an “underweight” rating to a “neutral” rating and boosted their price objective for the stock from $50.00 to $68.00 in a research note on Friday, March 13th. B. Riley Financial restated a “buy” rating on shares of Alcoa in a report on Friday, January 23rd. Zacks Research cut Alcoa from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 13th. Finally, Wells Fargo & Company set a $68.00 price target on Alcoa in a report on Thursday, March 12th. Four investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $50.45.

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.