Rio Tinto PLC $RIO Shares Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC lifted its position in shares of Rio Tinto PLC (NYSE:RIO) by 44.2% during the fourth quarter, HoldingsChannel reports. The fund owned 112,478 shares of the mining company’s stock after acquiring an additional 34,486 shares during the quarter. Sanctuary Advisors LLC’s holdings in Rio Tinto were worth $9,002,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. PFS Partners LLC purchased a new stake in Rio Tinto during the fourth quarter worth about $28,000. Nvest Wealth Strategies Inc. purchased a new position in Rio Tinto in the fourth quarter valued at about $28,000. Salomon & Ludwin LLC lifted its position in shares of Rio Tinto by 62.2% during the 3rd quarter. Salomon & Ludwin LLC now owns 472 shares of the mining company’s stock valued at $31,000 after acquiring an additional 181 shares during the period. Trust Co. of Toledo NA OH acquired a new stake in shares of Rio Tinto during the 4th quarter valued at approximately $34,000. Finally, Root Financial Partners LLC purchased a new stake in shares of Rio Tinto during the 3rd quarter worth approximately $36,000. 19.33% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Rio Tinto

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

• Positive Sentiment: JPMorgan raised its price target on Rio Tinto after Q1 results, reflecting continued confidence in the company’s commodity exposure (copper, aluminium, iron ore) and supporting medium?term valuation. JPMorgan Lifts PT on Rio Tinto Group (RIO) Following Q1 Results
• Positive Sentiment: Rio announced a A$100m commitment to help fund 500+ homes for regional frontline workers in WA’s Pilbara — a move that supports workforce stability for mining operations and improves ESG/community credentials. Rio Tinto’s A$100m boost for essential service worker housing in the Pilbara
• Positive Sentiment: Rio extended an 18?year partnership with Clontarf, backing programs for Aboriginal and Torres Strait Islander young men — reinforcing social licence and long?term community relationships. Clontarf and Rio Tinto extend 18-year partnership supporting young Aboriginal and Torres Strait Islander men
• Neutral Sentiment: Rio and Angola’s state diamond company formed a joint venture to develop a mine — diversification into diamonds could add long?term optionality but is unlikely to materially affect near?term earnings. Rio Tinto, Angolan state diamond company form joint venture for mine
• Neutral Sentiment: Analysts express mixed views after Q1 production: some upgrades and PT lifts offset by caution on commodity prices and project timelines — this produces divergent near?term guidance for the stock. Analysts Express Mixed Views on Rio Tinto Group (RIO) Following Q1 Production Results
• Neutral Sentiment: Market commentary highlights recent strong share momentum and improved valuation metrics after multi?month gains, underscoring bullish technicals (50?day SMA above 200?day). A Look At Rio Tinto (LSE:RIO) Valuation After Recent Share Price Momentum
• Negative Sentiment: A workplace fatality at a Rio Tinto plant was reported, which can prompt near?term operational scrutiny, potential investigations and reputational risk—factors that likely pressured the stock today. Employee killed in workplace incident at Rio Tinto plant

Analysts Set New Price Targets

RIO has been the subject of several research analyst reports. Weiss Ratings raised Rio Tinto from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday, February 20th. Argus set a $120.00 price target on Rio Tinto in a research report on Monday. Erste Group Bank raised Rio Tinto from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. Citigroup reissued a “neutral” rating on shares of Rio Tinto in a research note on Monday, April 13th. Finally, JPMorgan Chase & Co. lowered Rio Tinto from an “overweight” rating to a “neutral” rating in a research note on Monday, March 9th. Four investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $101.75.

Rio Tinto Trading Down 1.6%

NYSE:RIO opened at $98.39 on Wednesday. The firm’s 50 day moving average is $94.44 and its two-hundred day moving average is $84.57. Rio Tinto PLC has a fifty-two week low of $55.64 and a fifty-two week high of $101.53. The company has a quick ratio of 0.98, a current ratio of 1.44 and a debt-to-equity ratio of 0.33.

Rio Tinto Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, April 16th. Investors of record on Friday, March 6th were issued a $2.54 dividend. The ex-dividend date was Friday, March 6th. This represents a 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.