Douglas Lane & Associates LLC Has $67.12 Million Stake in Alcoa $AA

Key Points

• Douglas Lane & Associates LLC trimmed its stake in Alcoa by 2.4% in Q4 to 1,262,986 shares, worth approximately $67.12 million (about 0.49% of the company).
• Several large funds materially increased positions—most notably Mirabella Financial Services added ~39.76M shares to hold 40.08M (~$1.32 billion)—and institutional investors now own 82.39% of Alcoa.
• Multiple analysts have raised targets and issued upgrades (e.g., B. Riley, Citigroup, Morgan Stanley), but MarketBeat's consensus remains a Hold with an average target of $61.73.

Douglas Lane & Associates LLC lowered its stake in shares of Alcoa (NYSE:AA - Free Report) by 2.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 1,262,986 shares of the industrial products company's stock after selling 30,552 shares during the period. Douglas Lane & Associates LLC owned approximately 0.49% of Alcoa worth $67,115,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in AA. Mirabella Financial Services LLP boosted its stake in Alcoa by 12,233.1% during the 3rd quarter. Mirabella Financial Services LLP now owns 40,082,462 shares of the industrial products company's stock valued at $1,318,312,000 after purchasing an additional 39,757,462 shares during the last quarter. L1 Capital Pty Ltd boosted its stake in Alcoa by 178.8% during the 2nd quarter. L1 Capital Pty Ltd now owns 4,814,342 shares of the industrial products company's stock valued at $142,071,000 after purchasing an additional 3,087,298 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Alcoa by 13.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 11,118,560 shares of the industrial products company's stock worth $365,710,000 after buying an additional 1,322,540 shares during the last quarter. Man Group plc boosted its stake in shares of Alcoa by 12,588.2% in the 3rd quarter. Man Group plc now owns 1,164,902 shares of the industrial products company's stock worth $38,314,000 after buying an additional 1,155,721 shares during the last quarter. Finally, State Street Corp boosted its stake in shares of Alcoa by 9.8% in the 2nd quarter. State Street Corp now owns 10,737,466 shares of the industrial products company's stock worth $316,863,000 after buying an additional 959,240 shares during the last quarter. Institutional investors and hedge funds own 82.39% of the company's stock.

Analyst Upgrades and Downgrades

AA has been the topic of a number of research analyst reports. BMO Capital Markets boosted their target price on Alcoa from $65.00 to $75.00 and gave the stock a "market perform" rating in a research note on Thursday. B. Riley Financial boosted their target price on Alcoa from $78.00 to $96.00 and gave the stock a "buy" rating in a research note on Tuesday. Wall Street Zen upgraded Alcoa from a "hold" rating to a "buy" rating in a research note on Saturday, February 21st. Citigroup boosted their target price on Alcoa from $54.00 to $76.00 and gave the stock a "buy" rating in a research note on Monday, March 16th. Finally, UBS Group boosted their target price on Alcoa from $48.00 to $70.00 and gave the stock a "neutral" rating in a research note on Thursday, March 12th. Four research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Alcoa presently has a consensus rating of "Hold" and an average target price of $61.73.

Alcoa News Roundup

Here are the key news stories impacting Alcoa this week:

• Positive Sentiment: Morgan Stanley upgraded AA from "equal weight" to "overweight" and raised its price target to $80, citing higher aluminum prices and improved operating leverage as drivers of earnings upside. Article Title
• Positive Sentiment: BMO Capital Markets raised its target to $75 (market perform), signaling more upside from here and adding institutional support to the rally. Article Title
• Positive Sentiment: B. Riley initiated/maintained a bullish view (buy) and B. Riley Financial forecasts strong price appreciation — another concrete analyst endorsement likely supporting demand for the shares. Article Title
• Positive Sentiment: Sector momentum: aluminum stocks are breaking out amid heightened geopolitical risk (Iran-related) that’s lifting aluminum prices — a clear tailwind for Alcoa’s pricing and margins, especially given its operating leverage. Alcoa is also approaching an earnings release, which could reinforce the rally if results beat. Article Title
• Positive Sentiment: Notable investor interest: Alcoa appears on billionaire Stan Druckenmiller’s small/mid-cap watchlists, which can attract attention from other funds and traders. Article Title
• Neutral Sentiment: Broad analyst momentum: multiple outlets highlighted a batch of upgrades for Alcoa today, reinforcing positive sentiment but also reflecting consensus-driven flows rather than new company-specific fundamentals. Article Title
• Negative Sentiment: Some caution remains: JPMorgan raised its target to $70 but kept a "neutral" rating — that target implies a modest downside from current levels, suggesting not all analysts see sustained upside and highlighting valuation/earnings execution risk ahead of results. Article Title

Alcoa Stock Performance

Shares of AA opened at $73.26 on Friday. The firm has a market cap of $19.33 billion, a PE ratio of 16.57 and a beta of 1.70. The stock's fifty day moving average price is $62.53 and its two-hundred day moving average price is $51.10. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.44 and a quick ratio of 0.87. Alcoa has a 1 year low of $22.48 and a 1 year high of $75.70.

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

Alcoa Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 10th were paid a $0.10 dividend. The ex-dividend date was Tuesday, March 10th. This represents a $0.40 annualized dividend and a dividend yield of 0.5%. Alcoa's payout ratio is presently 9.05%.

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.

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