Fox Run Management L.L.C. purchased a new position in shares of Rio Tinto PLC (NYSE:RIO – Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 10,274 shares of the mining company’s stock, valued at approximately $678,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC raised its stake in Rio Tinto by 62.2% in the third quarter. Salomon & Ludwin LLC now owns 472 shares of the mining company’s stock valued at $31,000 after buying an additional 181 shares during the last quarter. Root Financial Partners LLC acquired a new position in shares of Rio Tinto during the third quarter valued at about $36,000. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in shares of Rio Tinto in the 2nd quarter valued at approximately $38,000. MTM Investment Management LLC purchased a new position in shares of Rio Tinto in the 2nd quarter valued at approximately $43,000. Finally, Wealth Preservation Advisors LLC acquired a new stake in Rio Tinto in the 2nd quarter worth approximately $53,000. 19.33% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on RIO shares. Weiss Ratings upgraded shares of Rio Tinto from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday, February 20th. Morgan Stanley downgraded Rio Tinto from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, January 28th. Argus raised their target price on Rio Tinto from $70.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. HSBC downgraded Rio Tinto from a “buy” rating to a “hold” rating in a research note on Monday, January 26th. Finally, Erste Group Bank upgraded Rio Tinto from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, Rio Tinto presently has an average rating of “Hold” and an average price target of $85.00.
Key Rio Tinto News
Here are the key news stories impacting Rio Tinto this week:
- Positive Sentiment: Rio reported record copper and bauxite production for 2025, completed the Arcadium acquisition, updated reserves, doubled copper EBITDA, delivered lower unit costs and increased the final dividend — a direct positive for earnings and shareholder returns. Rio Tinto Production Milestones And Arcadium Deal Test Dividend Strength
- Positive Sentiment: Rio confirmed 2026 Simandou export guidance and full rail commissioning, which should unlock significant high‑grade iron ore export capacity and improve near‑term volumes. [SMM Iron & Steel] Rio Tinto Confirms 2026 Simandou Export Guidance and Full Rail Commissioning
- Positive Sentiment: Rio signed an early agreement with Codelco to explore joint investments, signaling potential collaboration on large-scale copper opportunities and strategic partnership benefits. Codelco, Rio Tinto sign early agreement to weigh investments
- Positive Sentiment: Rio is named among companies working to supply rare earths (yttrium, scandium) amid reported shortages — a potential diversification/strategic upside if supply contracts or projects progress. Five Rare Earth Stocks To Watch As Shortages Hit Aerospace
- Neutral Sentiment: Industry research forecasts strong sector growth to 2035 and lists Rio among leading miners — a tailwind for long‑term demand but not an immediate catalyst. Mining Industry Report 2026-2035: A $2.75+ Trillion Market by 2030
- Neutral Sentiment: Australia’s iron‑ore output is set to rise ~2.6% in 2026, which could boost volumes for regional producers but may pressure benchmark prices. Project ramp-ups and new projects set to lift Australia’s iron ore output in 2026
- Neutral Sentiment: Pieces mentioning dividend ETFs and other juniors reference the sector’s yield appeal or personnel ties to Rio, but they are peripheral to Rio’s fundamentals. Got $10,000? Put It in These Dividend ETFs Now
- Negative Sentiment: Barclays downgraded Rio to Equal Weight, which can pressure sentiment and limit near‑term upside despite strong operations. Barclays Downgrades Rio Tinto (NYSE:RIO) to Equal Weight
Rio Tinto Price Performance
Shares of RIO opened at $99.30 on Friday. The business’s 50-day moving average is $89.84 and its two-hundred day moving average is $75.47. Rio Tinto PLC has a fifty-two week low of $51.67 and a fifty-two week high of $101.53. The company has a quick ratio of 0.98, a current ratio of 1.44 and a debt-to-equity ratio of 0.33.
Rio Tinto Dividend Announcement
The business also recently declared a dividend, which will be paid on Thursday, April 16th. Investors of record on Friday, March 6th will be given a dividend of $2.54 per share. This represents a yield of 527.0%. The ex-dividend date is Friday, March 6th.
Rio Tinto Profile
Rio Tinto is a global mining and metals company that explores for, mines, processes and markets a wide range of commodities. Its principal products include iron ore, aluminum, copper, diamonds and various other minerals and industrial materials. The company’s activities span the full value chain from exploration and project development to mining, processing, smelting and refining, supplying raw materials to industries such as steelmaking, automotive, packaging, electronics and construction.
The origins of Rio Tinto date back to mining operations in the Rio Tinto region of Spain in the 19th century, and the group has since grown into a multinational enterprise.
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