Dynamic Technology Lab Private Ltd Sells 5,531 Shares of Rio Tinto PLC $RIO

Dynamic Technology Lab Private Ltd cut its holdings in shares of Rio Tinto PLC (NYSE:RIO) by 52.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,100 shares of the mining company’s stock after selling 5,531 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Rio Tinto were worth $337,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Fisher Asset Management LLC raised its stake in shares of Rio Tinto by 3.0% during the third quarter. Fisher Asset Management LLC now owns 19,120,168 shares of the mining company’s stock valued at $1,262,122,000 after acquiring an additional 557,234 shares during the last quarter. Franklin Resources Inc. grew its stake in shares of Rio Tinto by 0.4% in the second quarter. Franklin Resources Inc. now owns 5,496,126 shares of the mining company’s stock worth $320,589,000 after purchasing an additional 20,138 shares during the last quarter. Bank of America Corp DE increased its holdings in Rio Tinto by 5.7% in the second quarter. Bank of America Corp DE now owns 2,393,759 shares of the mining company’s stock valued at $139,628,000 after purchasing an additional 130,132 shares during the period. Dimensional Fund Advisors LP increased its holdings in Rio Tinto by 9.3% in the third quarter. Dimensional Fund Advisors LP now owns 2,009,293 shares of the mining company’s stock valued at $132,622,000 after purchasing an additional 171,716 shares during the period. Finally, Grantham Mayo Van Otterloo & Co. LLC raised its position in Rio Tinto by 21.6% during the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 1,126,445 shares of the mining company’s stock worth $74,357,000 after purchasing an additional 199,962 shares during the last quarter. 19.33% of the stock is owned by institutional investors.

Key Rio Tinto News

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

• Positive Sentiment: Rio secured a roughly $1.175bn financing package for its Rincon lithium project in Argentina, supporting development of the ~$2.5bn project targeting ~60,000 tpa battery‑grade lithium carbonate — a clear funding and execution milestone that de‑risks Rio’s lithium growth profile. Rio Tinto secures $1.175 billion financing package for Rincon lithium project in Argentina
• Positive Sentiment: Rio said it raised its Q2 Japan aluminum offer to the highest premium since 2015 — signaling tighter aluminum markets/pricing that could boost revenue and margins for Rio’s aluminum segment. Rio Tinto raises Q2 Japan aluminum offer to highest premium since 2015
• Positive Sentiment: Analyst commentary and coverage highlight that RIO has surged ~65% over six months on rising copper output, first production at Johnson Camp and major lithium & iron‑ore projects — reinforcing momentum expectations for growth. Should You Buy Rio Tinto Stock After a 64.9% Rally in 6 Months?
• Neutral Sentiment: Partner Domestic Metals reports advancement of a Rio Tinto JV Smart Creek exploration project and is “eyeing a major discovery” — an early‑stage upside catalyst but speculative until drill results confirm commercial resources. Domestic Metals Advances Rio Tinto JV Smart Creek Project, Eyes Major Discovery
• Negative Sentiment: Mongolian authorities are pressing to renegotiate commercial terms for the giant Oyu Tolgoi copper mine and Rio says it is in active negotiations — heightening political and contract risk for one of Rio’s flagship copper assets. Rio Tinto in ‘Active Negotiations’ With Mongolia Over Oyu Tolgoi Copper Mine
• Negative Sentiment: Major broker actions: J.P. Morgan downgraded Rio to a Hold and Sanford C. Bernstein cut its price target to $77 — analyst moves that can pressure near‑term sentiment and cap upside. Rio Tinto (RIO) was downgraded to a Hold Rating at J.P. Morgan
• Negative Sentiment: UBS warns that Chinese port iron‑ore inventories are near multi‑year highs, risking a supply overhang that could weaken iron‑ore prices — a key price driver for Rio’s iron‑ore earnings. Rio Tinto and BHP face iron ore inventory warning as prices recover from Chinese New Year lows

Analysts Set New Price Targets

RIO has been the topic of several recent research reports. JPMorgan Chase & Co. downgraded Rio Tinto from an “overweight” rating to a “neutral” rating in a report on Monday. Weiss Ratings raised Rio Tinto from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday, February 20th. Sanford C. Bernstein lowered their price objective on Rio Tinto from $83.00 to $77.00 and set an “outperform” rating for the company in a research report on Monday. Zacks Research raised Rio Tinto from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 29th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Rio Tinto in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $81.00.

Rio Tinto Trading Up 0.5%

RIO stock opened at $92.16 on Thursday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.98 and a current ratio of 1.44. The company’s fifty day simple moving average is $91.88 and its 200 day simple moving average is $77.35. Rio Tinto PLC has a 12-month low of $51.67 and a 12-month high of $101.53.

Rio Tinto Dividend Announcement

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

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.