Rio Tinto PLC $RIO is QSM Asset Management Ltd’s Largest Position

QSM Asset Management Ltd increased its stake in Rio Tinto PLC (NYSE:RIO) by 32.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 230,700 shares of the mining company’s stock after purchasing an additional 56,000 shares during the period. Rio Tinto accounts for about 10.6% of QSM Asset Management Ltd’s portfolio, making the stock its largest position. QSM Asset Management Ltd’s holdings in Rio Tinto were worth $18,463,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Cubist Systematic Strategies LLC acquired a new stake in shares of Rio Tinto during the first quarter worth $84,000. AQR Capital Management LLC grew its holdings in shares of Rio Tinto by 78.4% during the first quarter. AQR Capital Management LLC now owns 12,087 shares of the mining company’s stock valued at $726,000 after buying an additional 5,310 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Rio Tinto by 20.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,485 shares of the mining company’s stock valued at $690,000 after acquiring an additional 1,968 shares during the period. Empowered Funds LLC raised its stake in Rio Tinto by 5.8% in the 1st quarter. Empowered Funds LLC now owns 5,280 shares of the mining company’s stock worth $317,000 after acquiring an additional 288 shares during the last quarter. Finally, Focus Partners Wealth raised its stake in Rio Tinto by 16.7% in the 1st quarter. Focus Partners Wealth now owns 15,985 shares of the mining company’s stock worth $962,000 after acquiring an additional 2,285 shares during the last quarter. Hedge funds and other institutional investors own 19.33% of the company’s stock.

Rio Tinto Price Performance

Shares of RIO opened at $88.77 on Tuesday. The business’s 50-day moving average is $92.81 and its two-hundred day moving average is $79.72. Rio Tinto PLC has a fifty-two week low of $51.67 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 Dividend Announcement

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

Trending Headlines about Rio Tinto

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

• Positive Sentiment: Rio Tinto said it is maintaining its 2026 guidance despite disruptions from Tropical Cyclone Narelle — management’s steady outlook reduced execution risk and supported the rally. Rio Tinto maintains 2026 guidance despite cyclone disruptions
• Positive Sentiment: Port operations in the Pilbara have largely resumed (three of four terminals back online) and ship loading recommenced — helps limit lost shipments and underpins near‑term iron‑ore cash flow. Rio Tinto provides Iron Ore update following Tropical Cyclone Narelle
• Positive Sentiment: Rio Tinto secured land related to the Resolution Copper project and launched a US$500m drill program — a material long‑term copper growth signal that increases exposure to stronger copper demand/prices. Rio Tinto Secures Resolution Copper Land, Launches US$500 Million Drill Program
• Positive Sentiment: Rio Tinto obtained A$2bn in government support to keep the Boyne aluminium smelter running — reduces near‑term cash and operational risk for the aluminium segment. Rio Tinto Gets A$2 Billion Government Support to Keep Boyne Smelter Running
• Positive Sentiment: Geopolitical strikes on Middle Eastern aluminium plants have pushed aluminium futures higher — an external supply shock that can benefit Rio’s aluminium segment and bolster commodity‑driven earnings. Iran’s Attacks on Mideast Aluminum Plants Threaten Supply Crisis
• Neutral Sentiment: Analyst coverage is turning favorable vs. peers — Zacks highlights improving earnings estimates and growth from copper and lithium as reasons Rio may edge Vale, supporting a more constructive long‑term view. Vale vs. Rio Tinto: Which Mining Stock is the Smarter Buy?
• Neutral Sentiment: Reports that Rio is exploring infrastructure asset sales (including Pilbara power interests) suggest potential portfolio simplification or capital recycling — outcome could be positive or neutral depending on deal terms. Rio Tinto bankers up for infrastructure sale; eyes on Pilbara power
• Negative Sentiment: Although operations have resumed, one Pilbara terminal (Cape Lambert A) remains under repair and prior temporary bauxite mine closures occurred — a reminder of residual operational and short‑term shipment risk. Rio Tinto resumes operations at three Pilbara port terminals after cyclone Narelle

Wall Street Analysts Forecast Growth

Several research firms have weighed in on RIO. Argus boosted their price target on Rio Tinto from $70.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Zacks Research upgraded Rio Tinto from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 29th. Weiss Ratings raised Rio Tinto from a “hold (c)” rating to a “buy (b-)” rating in a report on Friday, February 20th. Sanford C. Bernstein cut their price target on shares of Rio Tinto from $83.00 to $77.00 and set an “outperform” rating on the stock in a report on Monday, March 9th. Finally, JPMorgan Chase & Co. lowered shares of Rio Tinto from an “overweight” rating to a “neutral” rating in a research report on Monday, March 9th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $81.00.

Rio Tinto 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.