Shrier Wealth Management LLC Buys Shares of 15,990 Rio Tinto PLC $RIO

Shrier Wealth Management LLC purchased a new position in Rio Tinto PLC (NYSE:RIO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 15,990 shares of the mining company’s stock, valued at approximately $1,280,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Arrowstreet Capital Limited Partnership purchased a new stake in Rio Tinto during the third quarter valued at approximately $94,737,000. Marshall Wace LLP purchased a new position in Rio Tinto in the second quarter worth $49,089,000. Bank of America Corp DE grew its holdings in Rio Tinto by 31.9% in the third 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 during the last quarter. National Bank of Canada FI increased its position in shares of Rio Tinto by 878.3% during the third quarter. National Bank of Canada FI now owns 824,092 shares of the mining company’s stock worth $54,396,000 after purchasing an additional 739,854 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC acquired a new position in shares of Rio Tinto during the third quarter worth $37,115,000. 19.33% of the stock is currently owned by institutional investors.

Rio Tinto News Roundup

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

• Positive Sentiment: Iron‑ore port operations largely restarted and 2026 guidance maintained, easing investor concern about cyclone disruption and supporting near‑term revenue visibility. Rio Tinto provides Iron Ore update
• Positive Sentiment: Rio secured A$2 billion of government support to keep the Boyne aluminium smelter running, reducing a major downside risk to its aluminium segment and preserving downstream capacity. Rio Tinto Gets A$2 Billion Government Support
• Positive Sentiment: Rio has secured land related to the Resolution Copper area and launched a US$500m drill program — a material investment into copper growth that supports longer‑term earnings exposure to a tight copper market. Rio Tinto Secures Copper Land
• Positive Sentiment: Attacks on Middle Eastern aluminium plants have pushed LME aluminium prices up, which can boost Rio’s aluminium margins and be a near‑term revenue tailwind. Iran’s Attacks on Mideast Aluminum Plants Threaten Supply Crisis
• Neutral Sentiment: Rio sold the Garneau titanium property in Quebec to SAGA Metals — a noncore disposal that trims exploration footprint but is unlikely to move fundamentals materially. Rio Tinto PLC ADR Secures Land and Financing
• Neutral Sentiment: Rio’s re‑entry into Bougainville via support for BCL signals longer‑term project activity in Papua New Guinea; strategic but with long timelines and execution risk. Rio Tinto supports BCL to launch project in Loloho
• Neutral Sentiment: Reports Rio has bankers engaged to potentially sell infrastructure (including Pilbara power assets) — could unlock value if executed, but timing/terms are uncertain. Rio Tinto bankers up for infrastructure sale
• Neutral Sentiment: Analyst pieces compare Rio favorably to peers on earnings momentum and copper/lithium exposure, but note valuation trade‑offs — useful context for medium‑term positioning rather than an immediate catalyst. A Look At Rio Tinto Valuation
• Negative Sentiment: Tropical Cyclone Narelle caused temporary port closures, repairs (Cape Lambert A) and earlier bauxite mine shutdowns — a short‑term production hit and logistical disruption despite management keeping guidance. Rio Tinto maintains 2026 guidance despite cyclone disruptions

Rio Tinto Trading Up 4.9%

NYSE RIO opened at $93.18 on Wednesday. Rio Tinto PLC has a 12-month low of $51.67 and a 12-month high of $101.53. The company has a fifty day simple moving average of $92.97 and a two-hundred day simple moving average of $79.94. 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 company also recently announced a dividend, which will be paid on Thursday, April 16th. Investors of record on Friday, March 6th will be paid a $2.54 dividend. The ex-dividend date is Friday, March 6th. This represents a yield of 564.0%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on RIO. HSBC lowered Rio Tinto from a “buy” rating to a “hold” rating in a report on Monday, January 26th. Argus upped their target price on Rio Tinto from $70.00 to $85.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. Weiss Ratings upgraded Rio Tinto from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday, February 20th. Barclays downgraded Rio Tinto from an “overweight” rating to an “equal weight” rating in a report on Tuesday, February 24th. Finally, JPMorgan Chase & Co. lowered Rio Tinto from an “overweight” rating to a “neutral” rating in a research note on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price 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.