Alcoa Corporation (AA) is down 9.0% today. Here is some analysis on what might have caused this price movement.
Analysis: The drop appears tied primarily to a pullback in aluminum pricing and broader metals weakness, which can quickly pressure sentiment toward highly commodity-sensitive producers like Alcoa. With no clear, company-specific negative announcement, the magnitude of the move also looks consistent with profit-taking after a strong run and positioning ahead of management’s scheduled investor conference appearance.
Details:
Sources:
Market data, Alcoa (press release), Shanghai Metals Market, AL Circle
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$AA Hedge Fund Activity
We have seen 471 institutional investors add shares of $AA stock to their portfolio, and 278 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 7,920,191 shares (+160.6%) to their portfolio in Q1 2026, for an estimated $525,346,269
- BLACKROCK, INC. added 3,970,770 shares (+16.3%) to their portfolio in Q1 2026, for an estimated $263,381,174
- CASTLE HOOK PARTNERS LP removed 3,968,265 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $263,215,017
- BANK OF NEW YORK MELLON CORP removed 3,113,850 shares (-49.8%) from their portfolio in Q1 2026, for an estimated $206,541,670
- DIMENSIONAL FUND ADVISORS LP removed 2,955,506 shares (-25.5%) from their portfolio in Q1 2026, for an estimated $196,038,712
- MAPLE ROCK CAPITAL PARTNERS INC. removed 2,359,980 shares (-72.3%) from their portfolio in Q1 2026, for an estimated $156,537,473
- UBS GROUP AG removed 2,348,268 shares (-77.9%) from their portfolio in Q1 2026, for an estimated $155,760,616
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$AA Analyst Ratings
Wall Street analysts have issued reports on $AA in the last several months. We have seen 1 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Underweight" rating on 01/08/2026
- Citigroup issued a "Buy" rating on 12/19/2025
To track analyst ratings and price targets for $AA, check out Quiver Quantitative's $AA forecast page.
$AA Price Targets
Multiple analysts have issued price targets for $AA recently. We have seen 7 analysts offer price targets for $AA in the last 6 months, with a median target of $76.0.
Here are some recent targets:
- Daniel Major from UBS set a target price of $80.0 on 05/22/2026
- Timna Tanners from Wells Fargo set a target price of $70.0 on 05/07/2026
- Carlos De Alba from Morgan Stanley set a target price of $80.0 on 04/09/2026
- Katja Jancic from BMO Capital set a target price of $75.0 on 04/09/2026
- Bill Peterson from JP Morgan set a target price of $70.0 on 04/09/2026
- Nick Giles from B. Riley Securities set a target price of $96.0 on 04/07/2026
- Alexander Hacking from Citigroup set a target price of $76.0 on 03/16/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
