Corps Capital Advisors LLC Buys Shares of 4,960 Rio Tinto PLC $RIO

Corps Capital Advisors LLC bought a new stake in Rio Tinto PLC (NYSE:RIO) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 4,960 shares of the mining company’s stock, valued at approximately $397,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in RIO. Arrowstreet Capital Limited Partnership purchased a new stake in Rio Tinto in the third quarter valued at approximately $94,737,000. Milford Funds Ltd. acquired a new position in shares of Rio Tinto in the fourth quarter worth $93,143,000. Deutsche Bank AG increased its position in shares of Rio Tinto by 102.6% during the fourth quarter. Deutsche Bank AG now owns 2,216,935 shares of the mining company’s stock worth $177,421,000 after acquiring an additional 1,122,667 shares during the period. Natixis Advisors LLC increased its position in shares of Rio Tinto by 144.7% during the fourth quarter. Natixis Advisors LLC now owns 1,587,387 shares of the mining company’s stock worth $127,039,000 after acquiring an additional 938,687 shares during the period. Finally, Bank of America Corp DE increased its position in shares of Rio Tinto by 31.9% during the third quarter. Bank of America Corp DE now owns 3,157,545 shares of the mining company’s stock worth $208,430,000 after acquiring an additional 763,786 shares during the period. Hedge funds and other institutional investors own 19.33% of the company’s stock.

Rio Tinto Trading Up 1.6%

Shares of RIO stock opened at $105.30 on Friday. The company has a current ratio of 1.44, a quick ratio of 0.98 and a debt-to-equity ratio of 0.33. The firm has a fifty day moving average price of $102.17 and a 200 day moving average price of $92.01. Rio Tinto PLC has a 12 month low of $55.64 and a 12 month high of $112.58.

Rio Tinto News Summary

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

• Positive Sentiment: Erste Group Bank raised its earnings forecasts for Rio Tinto, increasing FY2026 EPS to $8.42 from $8.04 and FY2027 EPS to $8.47 from $8.31, which suggests analysts see stronger profitability ahead.
• Positive Sentiment: Rio Tinto and China Baowu completed Pilbara Blend iron ore pelletisation and direct reduction trials, a development that could support future demand for higher-value iron ore products and improve the company’s positioning with steel customers.
• Positive Sentiment: Rio Tinto’s collaboration with Sandvik to integrate autonomous drilling systems highlights continued investment in automation, which may improve productivity and lower operating costs over time. Article Title
• Neutral Sentiment: Coverage discussing Rio Tinto’s momentum trends and passive-income appeal may be helping keep investor interest elevated, but it does not appear to be a direct fundamental catalyst.
• Neutral Sentiment: Reports that Rio Tinto Shipping is selling half of its owned bulkers could be part of portfolio optimization, but the financial impact is unclear from the headline alone. Article Title
• Negative Sentiment: There is also a recent market note saying Rio Tinto slipped and underperformed the broader market earlier in the week, suggesting some short-term profit-taking or weaker trading sentiment. Article Title

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Citigroup reaffirmed a “neutral” rating on shares of Rio Tinto in a research report on Tuesday, May 26th. Argus set a $120.00 price objective on Rio Tinto in a research report on Monday, April 27th. JPMorgan Chase & Co. lowered Rio Tinto from an “overweight” rating to a “neutral” rating in a research report on Monday, March 9th. DZ Bank raised Rio Tinto from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 29th. Finally, Sanford C. Bernstein upped their price objective on Rio Tinto from $82.00 to $83.50 and gave the stock an “outperform” rating in a research report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Rio Tinto has an average rating of “Hold” and an average target price of $101.75.

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.