Wealth Enhancement Advisory Services LLC Grows Stock Holdings in Alcoa $AA

Wealth Enhancement Advisory Services LLC grew its position in shares of Alcoa (NYSE:AA) by 278.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 67,093 shares of the industrial products company’s stock after acquiring an additional 49,354 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Alcoa were worth $3,565,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Advisory Services Network LLC bought a new position in Alcoa during the third quarter valued at approximately $27,000. Root Financial Partners LLC purchased a new position in Alcoa in the 3rd quarter worth $29,000. Orion Capital Management LLC bought a new stake in Alcoa in the third quarter worth $33,000. Westfuller Advisors LLC purchased a new stake in Alcoa during the third quarter valued at about $35,000. Finally, NewEdge Advisors LLC grew its stake in shares of Alcoa by 91.9% during the third quarter. NewEdge Advisors LLC now owns 1,161 shares of the industrial products company’s stock valued at $38,000 after buying an additional 556 shares during the last quarter. Institutional investors own 82.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on AA. Citigroup increased their target price on Alcoa from $54.00 to $76.00 and gave the company a “buy” rating in a report on Monday, March 16th. B. Riley Financial reaffirmed a “buy” rating on shares of Alcoa in a research note on Friday, January 23rd. Zacks Research lowered shares of Alcoa from a “strong-buy” rating to a “hold” rating in a report on Friday, February 13th. Morgan Stanley restated an “overweight” rating and issued a $52.00 price objective on shares of Alcoa in a research report on Monday, December 15th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Alcoa in a research note on Monday, December 29th. Four equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $50.45.

Alcoa Price Performance

AA stock opened at $66.31 on Wednesday. The firm has a 50-day moving average of $61.01 and a 200 day moving average of $49.44. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.87. The company has a market cap of $17.50 billion, a P/E ratio of 15.00 and a beta of 1.85. Alcoa has a 1 year low of $21.53 and a 1 year high of $68.40.

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

Alcoa Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 10th were given a $0.10 dividend. 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 dividend payout ratio is currently 9.05%.

More Alcoa News

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 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.