Cantor Fitzgerald L. P. Purchases Shares of 110,162 Rio Tinto PLC $RIO

Cantor Fitzgerald L. P. acquired a new position in shares of Rio Tinto PLC (NYSE:RIO) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 110,162 shares of the mining company’s stock, valued at approximately $7,272,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE boosted 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 valued at $208,430,000 after purchasing an additional 763,786 shares during the period. Alphadyne Asset Management LP acquired a new stake in shares of Rio Tinto during the third quarter worth $1,980,000. Ameriprise Financial Inc. boosted its position in shares of Rio Tinto by 24.3% in the third quarter. Ameriprise Financial Inc. now owns 452,019 shares of the mining company’s stock valued at $29,778,000 after acquiring an additional 88,434 shares during the period. Schonfeld Strategic Advisors LLC acquired a new position in shares of Rio Tinto in the third quarter valued at about $37,115,000. Finally, Lazard Asset Management LLC acquired a new position in shares of Rio Tinto in the third quarter valued at about $276,000. Institutional investors and hedge funds own 19.33% of the company’s stock.

Key Rio Tinto News

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

• Positive Sentiment: Partnership to supply low‑carbon aluminum for data centers with Prysmian/ELYSIS supports premium product positioning and decarbonization credentials, which can help demand and pricing for Rio’s higher‑margin low‑carbon aluminum. Rio Tinto, Prysmian partner on low-carbon aluminum solutions for data centers
• Positive Sentiment: Memorandum of Understanding with CATL on battery recycling and zero‑carbon mining advances Rio’s circular battery strategy and long‑term access to battery value chains — a strategic growth/ESG positive. Rio Tinto CATL Deal Highlights Push Into Circular Battery And Mining Model
• Positive Sentiment: Rio and Chinalco cleared a regulatory hurdle in a Brazil aluminum deal, reducing execution risk on that transaction and supporting Rio’s aluminum footprint. Rio Tinto, Chinalco clear hurdle in Brazil aluminum deal
• Positive Sentiment: Rio raised its Q2 Japan aluminum offer to the highest premium since 2015, signaling strong near‑term aluminum pricing and potential immediate revenue upside. Rio Tinto raises Q2 Japan aluminum offer to highest premium since 2015
• Neutral Sentiment: Australian suppliers secured $385m EFA support for the Rincón project — improves project finance optics but execution and timing remain uncertain. Australian suppliers tap Rio Tinto’s Rincón project with $385m EFA support
• Neutral Sentiment: Progress at the Smart Creek JV and other exploration advances keep optional upside from new discoveries, but these are longer‑dated and speculative for near‑term earnings. Domestic Metals Advances Rio Tinto JV Smart Creek Project, Eyes Major Discovery
• Negative Sentiment: Rio is slowing and delaying construction of its Quebec lithium processing plant as costs have surged — this raises capital intensity, delays expected lithium supply/revenue and increases short‑term execution risk. Rio Tinto slows pace of construction on Quebec lithium processing plant
• Negative Sentiment: A fatal contractor incident at the Kennecott (Bingham Canyon) copper mine prompted an operational suspension while investigations proceed — immediate production disruption, regulatory scrutiny and worker‑safety concerns are driving downside sentiment. Fatal incident at Rio Tinto Kennecott

Analyst Upgrades and Downgrades

Several brokerages have weighed in on RIO. Sanford C. Bernstein dropped their price objective on shares of Rio Tinto from $83.00 to $77.00 and set an “outperform” rating for the company in a research note on Monday, March 9th. Zacks Research upgraded shares of Rio Tinto from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 29th. Morgan Stanley cut shares of Rio Tinto from an “overweight” rating to an “equal weight” rating in a report on Wednesday, January 28th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Rio Tinto in a research report on Thursday, January 22nd. Finally, HSBC cut Rio Tinto from a “buy” rating to a “hold” rating in a research note on Monday, January 26th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Rio Tinto has an average rating of “Hold” and an average target price of $81.00.

Rio Tinto Trading Down 3.2%

RIO opened at $87.83 on Friday. 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 PLC has a twelve month low of $51.67 and a twelve month high of $101.53. The company has a 50-day simple moving average of $92.23 and a 200 day simple moving average of $77.73.

Rio Tinto Dividend Announcement

The company also recently declared a dividend, which will be paid on Thursday, April 16th. Stockholders of record on Friday, March 6th will be issued a dividend of $2.54 per share. This represents a dividend yield of 564.0%. The ex-dividend date of this dividend is Friday, March 6th.

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.