MH & Associates Securities Management Corp ADV purchased a new position in shares of Rio Tinto PLC (NYSE:RIO – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 46,066 shares of the mining company’s stock, valued at approximately $3,687,000. Rio Tinto comprises about 3.0% of MH & Associates Securities Management Corp ADV’s investment portfolio, making the stock its 8th largest holding.
Several other hedge funds have also added to or reduced their stakes in RIO. Fisher Asset Management LLC raised its stake in Rio Tinto by 3.0% in the 3rd quarter. Fisher Asset Management LLC now owns 19,120,168 shares of the mining company’s stock worth $1,262,122,000 after purchasing an additional 557,234 shares in the last quarter. Bank of America Corp DE raised its stake in Rio Tinto by 31.9% in 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 purchasing an additional 763,786 shares in the last quarter. Bank of Montreal Can raised its stake in Rio Tinto by 10.2% in the 3rd quarter. Bank of Montreal Can now owns 2,045,636 shares of the mining company’s stock worth $135,032,000 after purchasing an additional 190,029 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Rio Tinto by 9.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,009,293 shares of the mining company’s stock worth $132,622,000 after purchasing an additional 171,716 shares in the last quarter. Finally, Northern Trust Corp raised its stake in Rio Tinto by 7.4% in the 3rd quarter. Northern Trust Corp now owns 1,672,792 shares of the mining company’s stock worth $110,421,000 after purchasing an additional 115,483 shares in the last quarter. 19.33% of the stock is owned by institutional investors and hedge funds.
Rio Tinto Stock Up 3.9%
Shares of NYSE:RIO opened at $98.33 on Thursday. The firm has a 50 day moving average of $93.51 and a 200-day moving average of $81.17. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.98 and a current ratio of 1.44. Rio Tinto PLC has a 12 month low of $52.27 and a 12 month high of $101.53.
Rio Tinto Announces Dividend
Analysts Set New Price Targets
Several brokerages have weighed in on RIO. Erste Group Bank upgraded shares of Rio Tinto from a “hold” rating to a “buy” rating in a research note on Friday, January 23rd. DZ Bank cut Rio Tinto from a “strong-buy” rating to a “hold” rating in a report on Friday, February 20th. Sanford C. Bernstein dropped their price objective on Rio Tinto from $83.00 to $77.00 and set an “outperform” rating for the company in a report on Monday, March 9th. Citigroup raised Rio Tinto to a “hold” rating in a report on Tuesday, February 10th. Finally, Barclays cut Rio Tinto from an “overweight” rating to an “equal weight” rating in a report on Tuesday, February 24th. Four analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $81.00.
Check Out Our Latest Research Report on RIO
Rio Tinto News Summary
Here are the key news stories impacting Rio Tinto this week:
- Positive Sentiment: Pilbara output and operational resilience support near‑term iron ore outlook — coverage highlights steady 2025 iron ore production, improved efficiency at Pilbara and progress on new projects that helped offset weather and cost headwinds, underpinning revenue visibility. Can Pilbara Facility Anchor Rio Tinto’s Short-Term Growth Trajectory?
- Positive Sentiment: Green‑steel collaboration boosts strategic, ESG growth story — a joint development agreement (JDA) with Calix for a green iron demo plant in Western Australia underscores Rio’s move into lower‑carbon steel inputs, supporting long‑term premium positioning. Calix Ltd jumps 30% on JDA with Rio Tinto
- Positive Sentiment: Higher aluminium billet premiums may lift margins — reports show Rio Tinto raised U.S. billet premiums alongside peers amid Middle East conflict, which can boost near‑term aluminium revenue. Market Chatter: Rio Tinto, Century Aluminum Raise US Billet Premiums
- Positive Sentiment: CEO emphasizes China as innovation hub — management comments about China as a key hub for innovation reinforce investor confidence in RIO’s technology and market access strategy. Rio Tinto CEO: China a key hub for innovation
- Neutral Sentiment: Former CEO launching deep‑sea mining ventures — multiple stories report Tom Albanese’s firms merging/listing to build a large seabed critical‑minerals platform; this is more industry‑adjacent than a direct competitive threat to Rio today. Ex‑Rio Tinto CEO’s deep‑sea mining firm to merge with Odyssey
- Neutral Sentiment: Analyst consensus remains mixed — Rio Tinto retains a consensus “Hold” from analysts, suggesting limited near‑term upside per street estimates despite operational positives. Rio Tinto receives consensus ‘Hold’
- Neutral Sentiment: Broader market and energy developments are tangential — items like a large South African solar commissioning and basic‑materials market commentary provide background on energy/commodity dynamics but are not RIO‑specific catalysts. Bolobedu Solar power plant reaches commissioning
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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