Alcoa (NYSE:AA) Upgraded at Wall Street Zen

20 Oct 2026, 05:18 by Kim Johansen · The Markets Daily

Wall Street Zen upgraded shares of Alcoa (NYSE:AA – Free Report) from a buy rating to a strong-buy rating in a research note issued to investors on Saturday morning,Wall Street Zen reports.

A number of other analysts also recently issued reports on AA. Argus decreased their target price on Alcoa from $73.00 to $55.00 and set a “buy” rating for the company in a research report on Wednesday, July 22nd. Barclays began coverage on Alcoa in a research note on Wednesday, October 14th. They issued an “overweight” rating and a $55.00 target price on the stock. Royal Bank Of Canada set a $70.00 price target on Alcoa in a research report on Wednesday, July 1st. Freedom Broker upped their price target on Alcoa from $64.00 to $76.00 and gave the company a “buy” rating in a research report on Tuesday, September 22nd. Finally, JPMorgan Chase & Co. cut their price target on Alcoa from $52.00 to $50.00 and set a “neutral” rating for the company in a research note on Wednesday, October 7th. Seven equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Alcoa currently has an average rating of “Hold” and a consensus price target of $62.17.

Check Out Our Latest Stock Analysis on AA

Alcoa Trading Up 0.4%

Shares of AA stock opened at $41.63 on Friday. The company has a 50 day moving average of $46.72 and a 200-day moving average of $55.82. The company has a quick ratio of 1.66, a current ratio of 2.31 and a debt-to-equity ratio of 0.58. Alcoa has a 12-month low of $35.12 and a 12-month high of $84.38. The firm has a market cap of $10.99 billion, a P/E ratio of 7.19, a PEG ratio of 0.51 and a beta of 1.74.

Alcoa (NYSE:AA – Get Free Report) last posted its quarterly earnings results on Thursday, October 15th. The industrial products company reported $1.82 EPS for the quarter, topping analysts’ consensus estimates of $1.51 by $0.31. Alcoa had a net margin of 10.77% and a return on equity of 24.58%. The company had revenue of $3.70 billion for the quarter, compared to analysts’ expectations of $3.77 billion. During the same quarter in the previous year, the firm posted $0.88 EPS. Alcoa’s revenue was up 23.7% on a year-over-year basis. Sell-side analysts anticipate that Alcoa will post 6.69 earnings per share for the current year.

Alcoa Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Tuesday, October 27th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Tuesday, October 27th. Alcoa’s payout ratio is presently 6.91%.

Insider Transactions at Alcoa

In other Alcoa news, EVP Renato Bacchi sold 700 shares of the firm’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $51.02, for a total value of $35,714.00. Following the completion of the transaction, the executive vice president owned 74,930 shares in the company, valued at $3,822,928.60. This trade represents a 0.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Tammi A. Jones sold 15,628 shares of Alcoa stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $50.60, for a total value of $790,776.80. Following the transaction, the executive vice president directly owned 39,819 shares of the company’s stock, valued at $2,014,841.40. The trade was a 28.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure.

Institutional Investors Weigh In On Alcoa

Several hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. bought a new stake in Alcoa during the second quarter worth about $1,528,523,000. Bank of New York Mellon Corp purchased a new position in shares of Alcoa in the 2nd quarter worth about $166,194,000. Nykredit A S purchased a new position in shares of Alcoa in the 2nd quarter worth about $74,407,000. Deutsche Bank AG bought a new position in shares of Alcoa during the 2nd quarter valued at about $55,308,000. Finally, Man Group plc bought a new position in shares of Alcoa during the 2nd quarter valued at about $38,743,000.

About Alcoa

(Get Free Report)

Alcoa Corporation (NYSE:AA) is a global producer of bauxite, alumina and aluminum. Its operations span the aluminum value chain, including bauxite mining, alumina refining, aluminum smelting, casting and the production of value-added aluminum products. These materials serve customers in industries such as transportation, building and construction, packaging, aerospace and industrial manufacturing.