Rio Tinto (NYSE:RIO) Price Target Lowered to $77.00 at Sanford C. Bernstein

Rio Tinto (NYSE:RIO) had its price objective cut by Sanford C. Bernstein from $83.00 to $77.00 in a research note issued to investors on Monday morning,Benzinga reports. They currently have an outperform rating on the mining company’s stock.

Several other equities analysts also recently commented on RIO. Erste Group Bank raised Rio Tinto from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. Zacks Research upgraded Rio Tinto from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 29th. JPMorgan Chase & Co. lowered shares of Rio Tinto from an “overweight” rating to a “neutral” rating in a research note on Monday. DZ Bank cut shares of Rio Tinto from a “strong-buy” rating to a “hold” rating in a report on Friday, February 20th. Finally, HSBC downgraded shares of Rio Tinto from a “buy” rating to a “hold” rating in a research note on Monday, January 26th. One 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. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $81.00.

Rio Tinto Price Performance

Shares of NYSE RIO opened at $90.35 on Monday. The company has a current ratio of 1.44, a quick ratio of 0.98 and a debt-to-equity ratio of 0.33. The business’s 50 day moving average price is $91.42 and its 200-day moving average price is $77.04. Rio Tinto has a fifty-two week low of $51.67 and a fifty-two week high of $101.53.

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 paid a dividend of $2.54 per share. The ex-dividend date is Friday, March 6th. This represents a dividend yield of 564.0%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RIO. Fisher Asset Management LLC increased its holdings in Rio Tinto by 2.7% during the fourth quarter. Fisher Asset Management LLC now owns 19,642,744 shares of the mining company’s stock valued at $1,572,009,000 after buying an additional 522,576 shares during the period. Franklin Resources Inc. boosted its position in Rio Tinto by 0.4% during the second quarter. Franklin Resources Inc. now owns 5,496,126 shares of the mining company’s stock valued at $320,589,000 after purchasing an additional 20,138 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Rio Tinto by 170.8% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,886,335 shares of the mining company’s stock valued at $311,023,000 after purchasing an additional 2,451,140 shares during the last quarter. Bank of America Corp DE raised 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 in the last quarter. Finally, Bank of Montreal Can lifted its position in shares of Rio Tinto by 8.6% during the fourth quarter. Bank of Montreal Can now owns 2,221,469 shares of the mining company’s stock valued at $177,784,000 after buying an additional 175,833 shares during the last quarter. 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: Joint desalination venture with Western Australia improves long‑term operational resilience for Pilbara mines and signals closer government partnership — supports Rio’s ability to run assets through water constraints and may reduce long‑term operating risks. Rio Tinto Desalination Venture Tests Pilbara Operations Support And Fair Value
• Positive Sentiment: Macro copper demand narrative remains supportive: coverage highlighting an impending copper shortage reinforces long‑term price tailwinds for copper producers like Rio, which should help margins and valuation over time. The Copper Shortage Is Coming—These 3 Miners Are Ready (RIO)
• Neutral Sentiment: Peer performance in battery metals (e.g., Albemarle’s strong rally on lithium fundamentals) is drawing investor attention to specialty/mining exposures; this may reweight flows within mining stocks but is not a direct company-specific development for Rio. Albemarle Surges 121% in 6 Months
• Negative Sentiment: Rio is in “active negotiations” with Mongolia over the Oyu Tolgoi copper mine — political and contract uncertainty at one of the world’s largest copper deposits raises execution and sovereign‑risk concerns that could weigh on the stock until terms are clarified. Rio Tinto in ‘Active Negotiations’ With Mongolia Over Oyu Tolgoi Copper Mine
• Negative Sentiment: Broker action is pressuring sentiment: JPMorgan downgraded RIO from “overweight” to “neutral,” and Sanford C. Bernstein trimmed its price target (from $83 to $77) despite keeping an Outperform stance — analyst moves add near‑term selling pressure and suggest lower upside in consensus models. Broker Notes

About Rio Tinto

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.