Rio Tinto PLC $RIO Shares Purchased by QSM Asset Management Ltd

QSM Asset Management Ltd increased its position in shares of Rio Tinto PLC (NYSE:RIO) by 32.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 230,700 shares of the mining company’s stock after buying an additional 56,000 shares during the quarter. Rio Tinto makes up 10.6% of QSM Asset Management Ltd’s portfolio, making the stock its largest holding. QSM Asset Management Ltd’s holdings in Rio Tinto were worth $18,463,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RIO. Arrowstreet Capital Limited Partnership purchased a new position in Rio Tinto in the third quarter valued at $94,737,000. Marshall Wace LLP purchased a new stake in shares of Rio Tinto during the 2nd quarter worth about $49,089,000. Bank of America Corp DE raised its stake in shares of Rio Tinto by 31.9% during 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 during the period. Fisher Asset Management LLC lifted its position in shares of Rio Tinto by 4.2% during the 2nd quarter. Fisher Asset Management LLC now owns 18,562,934 shares of the mining company’s stock valued at $1,082,776,000 after buying an additional 752,505 shares in the last quarter. Finally, National Bank of Canada FI lifted its position in shares of Rio Tinto by 878.3% during the 3rd quarter. National Bank of Canada FI now owns 824,092 shares of the mining company’s stock valued at $54,396,000 after buying an additional 739,854 shares in the last quarter. Institutional investors and hedge funds own 19.33% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on RIO. Erste Group Bank raised shares of Rio Tinto from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. JPMorgan Chase & Co. downgraded shares of Rio Tinto from an “overweight” rating to a “neutral” rating in a report on Monday, March 9th. Citigroup upgraded shares of Rio Tinto to a “hold” rating in a research report on Tuesday, February 10th. Zacks Research upgraded shares of Rio Tinto from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 29th. Finally, Barclays cut Rio Tinto from an “overweight” rating to an “equal weight” rating in a report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $81.00.

Rio Tinto Stock Performance

Rio Tinto stock opened at $88.77 on Tuesday. The firm has a 50 day simple moving average of $92.81 and a 200-day simple moving average of $79.72. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.44 and a quick ratio of 0.98. Rio Tinto PLC has a 1-year low of $51.67 and a 1-year high of $101.53.

Rio Tinto Dividend Announcement

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

Key Rio Tinto News

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

• Positive Sentiment: Rio Tinto said it is maintaining its 2026 guidance despite disruptions from Tropical Cyclone Narelle — management’s steady outlook reduced execution risk and supported the rally. Rio Tinto maintains 2026 guidance despite cyclone disruptions
• Positive Sentiment: Port operations in the Pilbara have largely resumed (three of four terminals back online) and ship loading recommenced — helps limit lost shipments and underpins near‑term iron‑ore cash flow. Rio Tinto provides Iron Ore update following Tropical Cyclone Narelle
• Positive Sentiment: Rio Tinto secured land related to the Resolution Copper project and launched a US$500m drill program — a material long‑term copper growth signal that increases exposure to stronger copper demand/prices. Rio Tinto Secures Resolution Copper Land, Launches US$500 Million Drill Program
• Positive Sentiment: Rio Tinto obtained A$2bn in government support to keep the Boyne aluminium smelter running — reduces near‑term cash and operational risk for the aluminium segment. Rio Tinto Gets A$2 Billion Government Support to Keep Boyne Smelter Running
• Positive Sentiment: Geopolitical strikes on Middle Eastern aluminium plants have pushed aluminium futures higher — an external supply shock that can benefit Rio’s aluminium segment and bolster commodity‑driven earnings. Iran’s Attacks on Mideast Aluminum Plants Threaten Supply Crisis
• Neutral Sentiment: Analyst coverage is turning favorable vs. peers — Zacks highlights improving earnings estimates and growth from copper and lithium as reasons Rio may edge Vale, supporting a more constructive long‑term view. Vale vs. Rio Tinto: Which Mining Stock is the Smarter Buy?
• Neutral Sentiment: Reports that Rio is exploring infrastructure asset sales (including Pilbara power interests) suggest potential portfolio simplification or capital recycling — outcome could be positive or neutral depending on deal terms. Rio Tinto bankers up for infrastructure sale; eyes on Pilbara power
• Negative Sentiment: Although operations have resumed, one Pilbara terminal (Cape Lambert A) remains under repair and prior temporary bauxite mine closures occurred — a reminder of residual operational and short‑term shipment risk. Rio Tinto resumes operations at three Pilbara port terminals after cyclone Narelle

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.