Rio Tinto PLC $RIO Shares Sold by Earnest Partners LLC

Earnest Partners LLC cut its holdings in shares of Rio Tinto PLC (NYSE:RIO) by 2.2% during the third quarter, HoldingsChannel.com reports. The fund owned 1,383,492 shares of the mining company’s stock after selling 30,733 shares during the quarter. Earnest Partners LLC’s holdings in Rio Tinto were worth $91,324,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Capital Advisors Inc. OK grew its position in Rio Tinto by 20.6% during the 3rd quarter. Capital Advisors Inc. OK now owns 520,428 shares of the mining company’s stock worth $34,353,000 after purchasing an additional 89,069 shares during the last quarter. QSM Asset Management Ltd purchased a new stake in shares of Rio Tinto in the third quarter valued at about $11,509,000. Campbell & CO Investment Adviser LLC raised its holdings in shares of Rio Tinto by 479.6% in the third quarter. Campbell & CO Investment Adviser LLC now owns 144,553 shares of the mining company’s stock valued at $9,542,000 after buying an additional 119,614 shares during the last quarter. Synergy Asset Management LLC boosted its stake in shares of Rio Tinto by 272.2% during the third quarter. Synergy Asset Management LLC now owns 205,418 shares of the mining company’s stock worth $12,712,000 after buying an additional 150,234 shares during the period. Finally, Caprock Group LLC acquired a new stake in shares of Rio Tinto during the third quarter worth about $1,416,000. 19.33% of the stock is owned by institutional investors and hedge funds.

Rio Tinto Stock Down 3.2%

Shares of Rio Tinto stock opened at $87.83 on Friday. Rio Tinto PLC has a 52-week low of $51.67 and a 52-week high of $101.53. The company’s 50-day simple moving average is $92.23 and its 200-day simple moving average is $77.73. The company has a current ratio of 1.44, a quick ratio of 0.98 and a debt-to-equity ratio of 0.33.

Rio Tinto Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, April 16th. Shareholders of record on Friday, March 6th will be issued a $2.54 dividend. This represents a yield of 564.0%. The ex-dividend date of this dividend is Friday, March 6th.

Key Stories Impacting Rio Tinto

Here are the key news stories impacting Rio Tinto this week:

• Positive Sentiment: Partnership to supply low‑carbon aluminum for data centers with Prysmian/ELYSIS supports premium product positioning and decarbonization credentials, which can help demand and pricing for Rio’s higher‑margin low‑carbon aluminum. Rio Tinto, Prysmian partner on low-carbon aluminum solutions for data centers
• Positive Sentiment: Memorandum of Understanding with CATL on battery recycling and zero‑carbon mining advances Rio’s circular battery strategy and long‑term access to battery value chains — a strategic growth/ESG positive. Rio Tinto CATL Deal Highlights Push Into Circular Battery And Mining Model
• Positive Sentiment: Rio and Chinalco cleared a regulatory hurdle in a Brazil aluminum deal, reducing execution risk on that transaction and supporting Rio’s aluminum footprint. Rio Tinto, Chinalco clear hurdle in Brazil aluminum deal
• Positive Sentiment: Rio raised its Q2 Japan aluminum offer to the highest premium since 2015, signaling strong near‑term aluminum pricing and potential immediate revenue upside. Rio Tinto raises Q2 Japan aluminum offer to highest premium since 2015
• Neutral Sentiment: Australian suppliers secured $385m EFA support for the Rincón project — improves project finance optics but execution and timing remain uncertain. Australian suppliers tap Rio Tinto’s Rincón project with $385m EFA support
• Neutral Sentiment: Progress at the Smart Creek JV and other exploration advances keep optional upside from new discoveries, but these are longer‑dated and speculative for near‑term earnings. Domestic Metals Advances Rio Tinto JV Smart Creek Project, Eyes Major Discovery
• Negative Sentiment: Rio is slowing and delaying construction of its Quebec lithium processing plant as costs have surged — this raises capital intensity, delays expected lithium supply/revenue and increases short‑term execution risk. Rio Tinto slows pace of construction on Quebec lithium processing plant
• Negative Sentiment: A fatal contractor incident at the Kennecott (Bingham Canyon) copper mine prompted an operational suspension while investigations proceed — immediate production disruption, regulatory scrutiny and worker‑safety concerns are driving downside sentiment. Fatal incident at Rio Tinto Kennecott

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Sanford C. Bernstein dropped their price target on Rio Tinto from $83.00 to $77.00 and set an “outperform” rating on the stock in a research report on Monday, March 9th. Zacks Research raised Rio Tinto from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 29th. Erste Group Bank upgraded Rio Tinto from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. Argus boosted their target price on Rio Tinto from $70.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Rio Tinto in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, Rio Tinto presently has a consensus rating of “Hold” and an average price target of $81.00.

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.