Rio Tinto PLC $RIO Stock: Soltis Investment Advisors LLC Boosts Stake

Soltis Investment Advisors LLC lifted its holdings in Rio Tinto PLC (NYSE:RIO) by 7.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 109,959 shares of the mining company’s stock after acquiring an additional 7,532 shares during the period. Soltis Investment Advisors LLC’s holdings in Rio Tinto were worth $10,355,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in RIO. Bank of America Corp DE grew its position in Rio Tinto by 6.6% in the first quarter. Bank of America Corp DE now owns 3,623,294 shares of the mining company’s stock worth $338,017,000 after acquiring an additional 225,016 shares in the last quarter. Altshuler Shaham Ltd bought a new stake in Rio Tinto during the first quarter worth approximately $106,724,000. Renaissance Technologies LLC raised its position in Rio Tinto by 417.6% during the first quarter. Renaissance Technologies LLC now owns 965,800 shares of the mining company’s stock valued at $90,099,000 after purchasing an additional 779,200 shares during the period. Sei Investments Co. raised its position in Rio Tinto by 1.1% during the first quarter. Sei Investments Co. now owns 564,191 shares of the mining company’s stock valued at $52,635,000 after purchasing an additional 6,407 shares during the period. Finally, Cidel Asset Management Inc. raised its position in Rio Tinto by 101.1% during the second quarter. Cidel Asset Management Inc. now owns 241,718 shares of the mining company’s stock valued at $22,946,000 after purchasing an additional 121,537 shares during the period. Institutional investors own 19.33% of the company’s stock.

Wall Street Analysts Forecast Growth

RIO has been the subject of several analyst reports. Jefferies Financial Group reaffirmed a “neutral” rating on shares of Rio Tinto in a research note on Thursday, August 20th. Erste Group Bank downgraded Rio Tinto from a “buy” rating to a “hold” rating in a research report on Thursday, August 27th. Royal Bank Of Canada upgraded Rio Tinto from an “underperform” rating to a “sector perform” rating in a report on Tuesday, October 6th. Morningstar upgraded Rio Tinto to a “hold” rating in a research report on Tuesday, July 14th. Finally, Citigroup restated a “neutral” rating on shares of Rio Tinto in a research report on Tuesday, October 13th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $101.62.

Key Headlines Impacting Rio Tinto

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

• Positive Sentiment: Rio Tinto officially opened its Fénix 1B expansion and Sal de Vida lithium operation in Argentina after investing approximately $1.4 billion. Both projects began production ahead of schedule in the second quarter and are ramping up, expanding Rio Tinto’s exposure to the lithium market. Rio Tinto celebrates opening of $1.4 billion lithium projects in Argentina
• Positive Sentiment: The company is also investing in its Weipa bauxite operations in Australia, supporting longer-term production capacity and the durability of its aluminum supply chain. Rio Tinto invests in bauxite production centre
• Neutral Sentiment: Rio Tinto is assessing additional lithium processing in Argentina and potential copper opportunities, which could create future growth but remain subject to investment decisions, permitting and execution. Rio Tinto assesses new lithium plant in Argentina, copper opportunities
• Negative Sentiment: Operations at the Oyu Tolgoi underground copper mine were paused after a seismic event. The duration of the stoppage and any damage or restart costs are unclear, creating near-term production and cash-flow risk. Rio Tinto confirms Oyu Tolgoi operations paused after seismic event
• Negative Sentiment: Erste Group lowered its FY2026 and FY2027 EPS forecasts to $8.03 and $8.16, respectively, while maintaining a Hold rating, signaling weaker expected earnings momentum. Rio Tinto earnings estimate revisions
• Negative Sentiment: A proposed 56% increase in CEO Simon Trott’s target compensation may weigh on sentiment amid shareholder concerns over executive pay. Rio Tinto and BHP also lost an initial legal challenge in a sexual-harassment class action, adding reputational and potential liability risks. Rio Tinto proposes 56% pay bump for CEO

Rio Tinto Stock Down 3.1%

Rio Tinto stock opened at $83.30 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.42 and a quick ratio of 0.93. Rio Tinto PLC has a 1-year low of $67.74 and a 1-year high of $112.58. The company’s 50-day moving average is $95.79 and its 200 day moving average is $96.25.

About Rio Tinto

Rio Tinto plc is a diversified mining and metals company with operations and projects spanning multiple continents. Its principal products include iron ore, aluminum, copper, lithium, borates and titanium dioxide, which are supplied to customers in the steel, construction, automotive, technology and manufacturing industries.

The company explores for, mines, processes and transports mineral resources, while also operating related infrastructure such as railways, ports, smelters and processing facilities.