Tred Avon Family Wealth LLC Buys Shares of 10,350 Rio Tinto PLC $RIO

Tred Avon Family Wealth LLC bought a new position in shares of Rio Tinto PLC (NYSE:RIO) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,350 shares of the mining company’s stock, valued at approximately $683,000.

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

Wall Street Analysts Forecast Growth

A number of analysts recently commented on RIO shares. Argus lifted their price objective on Rio Tinto from $70.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Rio Tinto in a research note on Monday, December 1st. Citigroup reiterated a “hold” rating on shares of Rio Tinto in a report on Monday, November 17th. Zacks Research raised shares of Rio Tinto from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 29th. Finally, Morgan Stanley restated an “overweight” rating on shares of Rio Tinto in a research report on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $85.00.

Key Headlines Impacting Rio Tinto

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

• Positive Sentiment: Rio Tinto secured a commercial supply agreement to provide copper for Amazon/AWS data‑center projects, positioning the company in high‑growth AI infrastructure metal demand and validating its bioleaching/processing partnerships. Rio Tinto to supply copper to Amazon for AI data centers
• Positive Sentiment: Amazon/AWS commercial tie‑ups reported across outlets (including industry and regional press) reinforce demand visibility for Rio’s copper projects and its role in next‑gen data‑center supply chains. Amazon Web Services inks landmark metal deal with mining giant Rio Tinto
• Positive Sentiment: Rio and BHP are coordinating on Pilbara iron‑ore cost savings and exploring joint Pilbara development, which could improve margins and capital efficiency if approved. This suggests industry consolidation on operations/CapEx. Rio Tinto and BHP team up for iron ore savings in Australia
• Positive Sentiment: Operationally, Rio reported stronger iron‑ore output (record Gudai‑Darri performance, improved Pilbara efficiency), supporting longer‑term revenue prospects. Is RIO’s Higher Iron Ore Production a Catalyst for Future Growth?
• Neutral Sentiment: Dimensional Fund Advisors filed Form 8.3 disclosures showing an ownership stake above 1% in Rio Tinto (separate filings for RIO TINTO PLC and RIO TINTO LTD). Institutional stakes can be stabilizing but are not an immediate directional catalyst. Dimensional Fund Advisors Ltd. : Form 8.3 – RIO TINTO PLC – Ordinary Shares
• Neutral Sentiment: Broker/coverage pieces reiterate merger speculation and Rio’s copper & cost‑cutting narratives; useful context but largely confirmatory. Rio Tinto Group (RIO) Balances $207B Merger Speculation With Cost Reduction and Copper Production Goals
• Negative Sentiment: Speculation about a possible merger with Glencore is clouded by reports that Chinese regulators may demand asset sales to address resource‑security and concentration concerns — a development that raises regulatory risk and could reduce expected merger benefits. That uncertainty is a likely driver of downward pressure. Rio Tinto-Glencore merger may need asset sales to win over China

Rio Tinto Stock Performance

NYSE RIO opened at $85.14 on Monday. Rio Tinto PLC has a 12 month low of $51.67 and a 12 month high of $87.34. The company has a quick ratio of 1.03, a current ratio of 1.53 and a debt-to-equity ratio of 0.37. The company has a 50-day moving average of $76.73 and a 200-day moving average of $68.49.

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.