7,932 Shares in Rio Tinto PLC $RIO Purchased by WNY Asset Management LLC

WNY Asset Management LLC acquired a new position in shares of Rio Tinto PLC (NYSE:RIO) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 7,932 shares of the mining company’s stock, valued at approximately $740,000.

Several other institutional investors and hedge funds also recently bought and sold shares of RIO. AdvisorNet Financial Inc lifted its position in shares of Rio Tinto by 160.2% in the first quarter. AdvisorNet Financial Inc now owns 294 shares of the mining company’s stock worth $27,000 after purchasing an additional 181 shares in the last quarter. Nvest Wealth Strategies Inc. purchased a new position in Rio Tinto during the fourth quarter valued at approximately $28,000. Trust Co. of Toledo NA OH purchased a new position in Rio Tinto during the fourth quarter valued at approximately $34,000. Evelyn Partners Investment Management LLP acquired a new position in Rio Tinto in the 4th quarter valued at approximately $34,000. Finally, V Square Quantitative Management LLC acquired a new position in Rio Tinto in the 1st quarter valued at approximately $35,000. Hedge funds and other institutional investors own 19.33% of the company’s stock.

Rio Tinto Stock Down 0.5%

NYSE RIO opened at $96.71 on Friday. The company has a current ratio of 1.42, a quick ratio of 0.98 and a debt-to-equity ratio of 0.29. Rio Tinto PLC has a 12-month low of $58.40 and a 12-month high of $112.58. The company has a 50 day moving average price of $97.54 and a two-hundred day moving average price of $96.14.

Rio Tinto Dividend Announcement

The firm also recently declared a dividend, which will be paid on Thursday, September 24th. Stockholders of record on Friday, August 14th will be issued a dividend of $2.11 per share. The ex-dividend date is Friday, August 14th. This represents a dividend yield of 438.0%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Royal Bank Of Canada lowered shares of Rio Tinto from a “sector perform” rating to an “underperform” rating in a research note on Wednesday, June 3rd. DZ Bank raised shares of Rio Tinto from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 29th. Bank of America lowered Rio Tinto from a “buy” rating to a “neutral” rating in a report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Rio Tinto in a research report on Friday, May 15th. Finally, Morgan Stanley downgraded Rio Tinto from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $105.50.

Rio Tinto News Summary

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

• Positive Sentiment: Berenberg upgraded Rio Tinto to Buy from Hold and raised its price target to $113 from $107, implying additional upside from recent trading levels. Berenberg Upgrades Rio Tinto to Buy From Hold, Raises Price Target to $113 From $107
• Positive Sentiment: Goldman Sachs also upgraded Rio Tinto to Buy, citing progress in the company’s simplification strategy. The second bullish rating from a major bank may improve sentiment toward the shares. The Goldman Sachs Group Upgrades Rio Tinto to Buy
• Positive Sentiment: Rio Tinto reported strong first-half 2026 results, including $31.0 billion in sales and $6.7 billion in net income. Separate analysis highlighted a 75% increase in free cash flow to $3.8 billion, 43% growth in underlying earnings to $6.9 billion and a $3.4 billion dividend payout. Rio Tinto posts highest H1 earnings in four years on higher commodity prices, production
• Positive Sentiment: The company declared a dividend of $2.11 per share, payable September 24 to shareholders of record August 14. The payout supports Rio Tinto’s income appeal, though investors should account for the approaching ex-dividend date.
• Neutral Sentiment: Rio Tinto’s valuation remains a focus after its strong share-price performance. Analysts described the stock as trading at roughly 11 times forward earnings, below the mining-sector average, while noting that its year-to-date and one-year returns have already been substantial. Where Does Rio Tinto Group Valuation Sit After Half Year 2026 Earnings?
• Negative Sentiment: Erste Group trimmed its FY2026 EPS forecast to $8.34 from $8.45 and its FY2027 forecast to $8.27 from $8.37. Although the estimates remain near consensus, the reductions could limit near-term enthusiasm. Erste Group lowers Rio Tinto earnings estimates

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.