Quantinno Capital Management LP increased its holdings in shares of Rio Tinto PLC (NYSE:RIO – Free Report) by 33.0% in the first quarter, HoldingsChannel reports. The firm owned 200,280 shares of the mining company’s stock after buying an additional 49,654 shares during the period. Quantinno Capital Management LP’s holdings in Rio Tinto were worth $18,684,000 as of its most recent filing with the SEC.
Other institutional investors have also recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership raised its stake in Rio Tinto by 170.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,886,335 shares of the mining company’s stock valued at $311,023,000 after buying an additional 2,451,140 shares during the period. Milford Funds Ltd. bought a new position in shares of Rio Tinto during the 4th quarter worth approximately $93,143,000. Deutsche Bank AG boosted its stake in shares of Rio Tinto by 102.6% during the 4th quarter. Deutsche Bank AG now owns 2,216,935 shares of the mining company’s stock worth $177,421,000 after acquiring an additional 1,122,667 shares during the period. Natixis Advisors LLC increased its holdings in shares of Rio Tinto by 144.7% during the 4th quarter. Natixis Advisors LLC now owns 1,587,387 shares of the mining company’s stock worth $127,039,000 after acquiring an additional 938,687 shares during the last quarter. Finally, Renaissance Technologies LLC increased its holdings in shares of Rio Tinto by 417.6% during the 1st quarter. Renaissance Technologies LLC now owns 965,800 shares of the mining company’s stock worth $90,099,000 after acquiring an additional 779,200 shares during the last quarter. Institutional investors and hedge funds own 19.33% of the company’s stock.
Rio Tinto Trading Down 0.1%
Rio Tinto stock opened at $96.71 on Monday. The company has a quick ratio of 0.93, a current ratio of 1.42 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 stock’s 50 day moving average is $97.54 and its 200-day moving average is $96.23.
Rio Tinto Announces Dividend
Analysts Set New Price Targets
A number of research firms recently weighed in on RIO. Argus set a $120.00 price target on Rio Tinto in a research note on Monday, April 27th. Zacks Research cut shares of Rio Tinto from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Berenberg Bank set a $113.00 price objective on shares of Rio Tinto in a report on Thursday. Bank of America lowered shares of Rio Tinto from a “buy” rating to a “neutral” rating in a research report on Friday, May 22nd. Finally, Citigroup restated a “neutral” rating on shares of Rio Tinto in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Rio Tinto currently has an average rating of “Hold” and a consensus target price of $105.50.
Check Out Our Latest Report on RIO
Trending Headlines about Rio Tinto
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 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.
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