Alcoa (NYSE:AA) Stock Price Up 6.7% After Better-Than-Expected Earnings

Alcoa (NYSE:AA) traded up 6.7% during mid-day trading on Friday following a better than expected earnings announcement. The stock traded as high as $43.01 and last traded at $43.1180. Approximately 1,880,886 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 5,820,517 shares. The stock had previously closed at $40.42.

The industrial products company reported $1.82 earnings per share for the quarter, beating the consensus estimate of $1.51 by $0.31. Alcoa had a return on equity of 18.90% and a net margin of 9.48%. The company had revenue of $3.70 billion during the quarter, compared to the consensus estimate of $3.77 billion. During the same period in the previous year, the company posted $0.88 EPS. Alcoa’s revenue was up 23.7% compared to the same quarter last year.

Alcoa Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Tuesday, October 27th will be issued a dividend of $0.10 per share. The ex-dividend date is Tuesday, October 27th. This represents a $0.40 dividend on an annualized basis and a yield of 0.9%. Alcoa’s dividend payout ratio is 8.23%.

Trending Headlines about Alcoa

Here are the key news stories impacting Alcoa this week:

• Positive Sentiment: Alcoa reported third-quarter adjusted earnings of $1.82 per share, above the roughly $1.51–$1.54 analyst consensus. Net income more than doubled year over year to $483 million from $232 million, while revenue rose 23.7% to $3.70 billion. Alcoa Corporation Reports Third Quarter 2026 Results
• Positive Sentiment: Higher aluminum prices, increased production and operational improvements supported profitability. Free cash flow reportedly reached $472 million, strengthening the company’s financial flexibility. Alcoa Q3 2026 Earnings
• Positive Sentiment: Management said global aluminum inventories are tight, leaving limited capacity to absorb another supply disruption. That outlook could support aluminum prices and Alcoa’s future earnings. Aluminum Supply Warning
• Positive Sentiment: The planned Massena East sale could help Alcoa advance its $1 billion asset-monetization goal and provide additional cash. Barclays also initiated coverage with an Overweight rating and a $55 price target. Alcoa Massena East and Alumina Market Article
• Neutral Sentiment: Alcoa declared a quarterly dividend of $0.10 per share, payable November 13 to shareholders of record October 27. The dividend provides income support but represents an approximately 1% annual yield. Alcoa Declares Quarterly Cash Dividend
• Negative Sentiment: Quarterly revenue of $3.70 billion fell short of estimates near $3.77–$3.78 billion. Bank of America reiterated a Sell rating and cut its price target to $48, citing margin pressure, cost headwinds and weak deal economics. Alcoa Sell Rating and Price Target Cut

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Wells Fargo & Company restated an “overweight” rating on shares of Alcoa in a research note on Friday. Royal Bank Of Canada set a $70.00 target price on Alcoa in a report on Wednesday, July 1st. UBS Group lowered their target price on Alcoa from $80.00 to $68.00 and set a “buy” rating for the company in a research note on Tuesday, June 30th. Freedom Broker boosted their target price on Alcoa from $64.00 to $76.00 and gave the stock a “buy” rating in a research note on Tuesday, September 22nd. Finally, Barclays started coverage on Alcoa in a report on Wednesday. They set an “overweight” rating and a $55.00 price target on the stock. Eight equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Alcoa has a consensus rating of “Moderate Buy” and a consensus target price of $60.54.

Insider Transactions at Alcoa

In other Alcoa news, EVP Renato Bacchi sold 700 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $51.02, for a total value of $35,714.00. Following the transaction, the executive vice president directly owned 74,930 shares in the company, valued at $3,822,928.60. This represents a 0.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Tammi A. Jones sold 15,628 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $50.60, for a total transaction of $790,776.80. Following the completion of the transaction, the executive vice president owned 39,819 shares in the company, valued at $2,014,841.40. This represents a 28.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.43% of the company’s stock.

Institutional Trading of Alcoa

Several institutional investors have recently modified their holdings of AA. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Alcoa in the 2nd quarter valued at $25,000. Caitong International Asset Management Co. Ltd grew its position in shares of Alcoa by 5,281.8% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 592 shares of the industrial products company’s stock valued at $31,000 after buying an additional 581 shares during the last quarter. Western Wealth Management LLC acquired a new stake in Alcoa during the 1st quarter worth $35,000. Orion Capital Management LLC acquired a new stake in Alcoa during the 2nd quarter worth $52,000. Finally, Costello Asset Management INC acquired a new stake in Alcoa during the 1st quarter worth $53,000. Hedge funds and other institutional investors own 82.39% of the company’s stock.

Alcoa Trading Up 7.7%

The stock has a market capitalization of $11.48 billion, a PE ratio of 8.95, a PEG ratio of 0.49 and a beta of 1.74. The company has a quick ratio of 0.92, a current ratio of 1.53 and a debt-to-equity ratio of 0.30. The business’s 50-day moving average is $47.10 and its two-hundred day moving average is $56.14.

Alcoa Company Profile

Alcoa Corporation (NYSE:AA) is a global producer of aluminum and an integrated participant in the aluminum industry. Its operations span the value chain from bauxite mining and alumina refining to aluminum smelting, casting and recycling.

The company supplies aluminum products used in transportation, building and construction, packaging, aerospace, automotive, electrical and other industrial applications. Its portfolio includes primary aluminum, alumina, aluminum billets and other cast products, as well as low-carbon and recycled aluminum offerings.

Alcoa traces its origins to the Pittsburgh Reduction Company, founded in 1888, and has helped develop the modern aluminum industry.