Rio Tinto PLC $RIO Shares Sold by Earnest Partners LLC

Earnest Partners LLC lowered its position in Rio Tinto PLC (NYSE:RIO) by 2.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,383,492 shares of the mining company’s stock after selling 30,733 shares during the quarter. Earnest Partners LLC owned approximately 0.11% of Rio Tinto worth $91,324,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC acquired a new stake in shares of Rio Tinto in the 1st quarter valued at $84,000. AQR Capital Management LLC grew its stake in shares of Rio Tinto by 78.4% during the first quarter. AQR Capital Management LLC now owns 12,087 shares of the mining company’s stock worth $726,000 after purchasing an additional 5,310 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Rio Tinto by 20.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,485 shares of the mining company’s stock worth $690,000 after purchasing an additional 1,968 shares in the last quarter. Empowered Funds LLC increased its holdings in Rio Tinto by 5.8% in the first quarter. Empowered Funds LLC now owns 5,280 shares of the mining company’s stock valued at $317,000 after buying an additional 288 shares during the last quarter. Finally, Focus Partners Wealth raised its stake in Rio Tinto by 16.7% in the first quarter. Focus Partners Wealth now owns 15,985 shares of the mining company’s stock valued at $962,000 after buying an additional 2,285 shares in the last quarter. Institutional investors and hedge funds own 19.33% of the company’s stock.

Wall Street Analyst Weigh In

RIO has been the subject of a number of recent analyst reports. Zacks Research raised Rio Tinto from a “hold” rating to a “strong-buy” rating in a report on Monday, December 29th. Barclays lowered Rio Tinto from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, February 24th. Citigroup upgraded Rio Tinto to a “hold” rating in a research note on Tuesday, February 10th. HSBC downgraded Rio Tinto from a “buy” rating to a “hold” rating in a report on Monday, January 26th. Finally, Erste Group Bank upgraded shares of Rio Tinto from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $81.00.

Trending Headlines about 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

Rio Tinto Stock Performance

NYSE RIO opened at $87.83 on Friday. The company has a fifty day moving average of $92.23 and a two-hundred day moving average of $77.73. Rio Tinto PLC has a 1 year low of $51.67 and a 1 year high of $101.53. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.98 and a current ratio of 1.44.

Rio Tinto Announces Dividend

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

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.