Fifth Third Bancorp Purchases 61,102 Shares of Alcoa $AA

Fifth Third Bancorp increased its position in shares of Alcoa (NYSE:AA) by 3,061.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 63,098 shares of the industrial products company’s stock after purchasing an additional 61,102 shares during the period. Fifth Third Bancorp’s holdings in Alcoa were worth $4,185,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in AA. Basepoint Wealth LLC purchased a new position in shares of Alcoa during the fourth quarter valued at approximately $25,000. Advisory Services Network LLC purchased a new stake in shares of Alcoa in the third quarter worth approximately $27,000. Raleigh Capital Management Inc. raised its holdings in shares of Alcoa by 52,500.0% in the fourth quarter. Raleigh Capital Management Inc. now owns 526 shares of the industrial products company’s stock worth $28,000 after buying an additional 525 shares during the period. CoreCap Advisors LLC lifted its stake in shares of 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 acquiring an additional 237 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its stake in shares of 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 acquiring an additional 581 shares during the last quarter.

Alcoa Price Performance

Shares of AA stock opened at $43.84 on Friday. The stock has a market capitalization of $11.57 billion, a price-to-earnings ratio of 9.02, a P/E/G ratio of 0.47 and a beta of 1.63. The company has a current ratio of 1.48, a quick ratio of 0.88 and a debt-to-equity ratio of 0.36. Alcoa has a twelve month low of $28.11 and a twelve month high of $84.38. The stock has a fifty day simple moving average of $61.70 and a two-hundred day simple moving average of $62.46.

Alcoa (NYSE:AA) last released its quarterly earnings data on Thursday, July 16th. The industrial products company reported $2.12 earnings per share for the quarter, missing the consensus estimate of $2.25 by ($0.13). Alcoa had a net margin of 9.48% and a return on equity of 19.57%. The firm had revenue of $3.97 billion during the quarter, compared to the consensus estimate of $3.99 billion. During the same quarter in the previous year, the firm earned $0.39 earnings per share. On average, analysts predict that Alcoa will post 6.79 EPS for the current fiscal year.

Alcoa Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Tuesday, May 19th were given a dividend of $0.10 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $0.40 dividend on an annualized basis and a yield of 0.9%. Alcoa’s dividend payout ratio (DPR) is 10.13%.

Alcoa News Summary

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

Wall Street Analysts Forecast Growth

Several brokerages have commented on AA. Weiss Ratings raised Alcoa from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, June 17th. Argus set a $73.00 target price on Alcoa in a research report on Monday, April 27th. BMO Capital Markets lowered their target price on shares of Alcoa from $60.00 to $55.00 and set a “market perform” rating for the company in a research note on Friday. B. Riley Financial reduced their price target on shares of Alcoa from $92.00 to $80.00 and set a “buy” rating on the stock in a research note on Tuesday, July 7th. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $53.00 price objective (down from $79.00) on shares of Alcoa in a report on Wednesday, July 8th. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Alcoa has a consensus rating of “Hold” and a consensus target price of $62.73.

About Alcoa

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.