R Squared Ltd Cuts Stock Position in Rio Tinto PLC $RIO

R Squared Ltd lessened its holdings in Rio Tinto PLC (NYSE:RIO) by 63.1% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 3,338 shares of the mining company’s stock after selling 5,697 shares during the period. R Squared Ltd’s holdings in Rio Tinto were worth $267,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Fisher Asset Management LLC increased its stake in Rio Tinto by 3.0% in the 3rd quarter. Fisher Asset Management LLC now owns 19,120,168 shares of the mining company’s stock worth $1,262,122,000 after buying an additional 557,234 shares in the last quarter. Bank of America Corp DE increased its stake in Rio Tinto by 31.9% in the 3rd quarter. Bank of America Corp DE now owns 3,157,545 shares of the mining company’s stock worth $208,430,000 after buying an additional 763,786 shares in the last quarter. Bank of Montreal Can increased its stake in Rio Tinto by 10.2% in the 3rd quarter. Bank of Montreal Can now owns 2,045,636 shares of the mining company’s stock worth $135,032,000 after buying an additional 190,029 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Rio Tinto by 9.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,009,293 shares of the mining company’s stock worth $132,622,000 after buying an additional 171,716 shares in the last quarter. Finally, Northern Trust Corp increased its stake in Rio Tinto by 7.4% in the 3rd quarter. Northern Trust Corp now owns 1,672,792 shares of the mining company’s stock worth $110,421,000 after buying an additional 115,483 shares in the last quarter. Hedge funds and other institutional investors own 19.33% of the company’s stock.

Key Stories Impacting Rio Tinto

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

• Positive Sentiment: Argus raised its price target on Rio Tinto to $120 (from $115) and kept a Buy rating, citing improved operating performance and balance-sheet strength — a direct catalyst lifting investor expectations for upside. Argus Raises its Price Target on Rio Tinto (RIO) to $120
• Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS estimates for RIO (now $8.24 and $8.34 respectively) and maintains a Buy — analyst upgrades increase forward earnings visibility and support valuation. Erste Group upgrades
• Positive Sentiment: Rio Tinto committed A$100m to support construction of 500+ homes for regional frontline workers in Western Australia (Pilbara), which can strengthen workforce stability and reduce operational disruption risk at key iron-ore operations. Rio Tinto’s A$100m boost for essential service worker housing
• Positive Sentiment: Recent share-price momentum and valuation analyses highlight strong YTD and 1?year returns, reinforcing investor interest and technical buying pressure. A Look At Rio Tinto Valuation After Recent Share Price Momentum
• Neutral Sentiment: Rio Tinto formed a joint venture with Angola’s state diamond company — expands project footprint and resource optionality but likely smaller near-term earnings impact versus core iron ore/copper/lithium operations. Rio Tinto, Angolan JV
• Neutral Sentiment: Clontarf partnership extended for 18 years — positive for ESG/community engagement and long-term social licence but not material to near-term cash flow. Clontarf partnership
• Neutral Sentiment: Sector-wide M&A momentum and supply-chain focus remain supportive for mining valuations, a tailwind for large diversified miners like RIO. Mining M&A maintains momentum
• Neutral Sentiment: Analysts expressed mixed views after Q1 production results — some caution on near-term volumes/segment mix even as dividends and yields remain attractive. Analysts mixed on Q1 production
• Negative Sentiment: A workplace fatality was reported at a Rio Tinto plant — a significant safety incident that can pressure sentiment, raise regulatory/safety costs, and weigh on the stock while investigations proceed. Employee killed in workplace incident

Rio Tinto Stock Performance

Shares of RIO stock opened at $96.44 on Thursday. Rio Tinto PLC has a 52 week low of $55.64 and a 52 week high of $101.53. 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 company’s fifty day simple moving average is $94.39 and its two-hundred day simple moving average is $84.65.

Rio Tinto Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, April 16th. Stockholders of record on Friday, March 6th were given a dividend of $2.54 per share. This represents a dividend yield of 564.0%. The ex-dividend date was Friday, March 6th.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Erste Group Bank upgraded Rio Tinto from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. Argus set a $120.00 price target on Rio Tinto in a research note on Monday. DZ Bank cut shares of Rio Tinto from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 20th. Sanford C. Bernstein boosted their price target on shares of Rio Tinto from $82.00 to $83.50 and gave the stock an “outperform” rating in a research note on Monday. Finally, Citigroup reiterated a “neutral” rating on shares of Rio Tinto in a research note on Monday, April 13th. Four equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, Rio Tinto has a consensus rating of “Hold” and an average target price of $101.75.

Rio Tinto Company 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.