Rio Tinto PLC $RIO Stock Position Lowered by Addenda Capital Inc.

Addenda Capital Inc. lessened its position in Rio Tinto PLC (NYSE:RIO) by 9.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 91,600 shares of the mining company’s stock after selling 9,999 shares during the period. Addenda Capital Inc.’s holdings in Rio Tinto were worth $7,331,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Capital Advisors Inc. OK raised its position in shares of Rio Tinto by 20.6% during the third quarter. Capital Advisors Inc. OK now owns 520,428 shares of the mining company’s stock worth $34,353,000 after purchasing an additional 89,069 shares during the period. QSM Asset Management Ltd acquired a new stake in shares of Rio Tinto during the third quarter worth $11,509,000. Campbell & CO Investment Adviser LLC raised its position in shares of Rio Tinto by 479.6% during the third quarter. Campbell & CO Investment Adviser LLC now owns 144,553 shares of the mining company’s stock worth $9,542,000 after purchasing an additional 119,614 shares during the period. Synergy Asset Management LLC raised its position in shares of Rio Tinto by 272.2% during the third quarter. Synergy Asset Management LLC now owns 205,418 shares of the mining company’s stock worth $12,712,000 after purchasing an additional 150,234 shares during the period. Finally, Caprock Group LLC acquired a new stake in shares of Rio Tinto during the third quarter worth $1,416,000. Institutional investors own 19.33% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on RIO. Weiss Ratings raised Rio Tinto from a “hold (c)” rating to a “buy (b-)” rating in a research report on Friday, February 20th. Citigroup raised Rio Tinto to a “hold” rating in a research report on Tuesday, February 10th. DZ Bank lowered Rio Tinto from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Rio Tinto in a research report on Thursday, January 22nd. Finally, Zacks Research raised Rio Tinto from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $81.00.

Key Stories Impacting Rio Tinto

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

• Positive Sentiment: Pilbara output and operational resilience support near‑term iron ore outlook — coverage highlights steady 2025 iron ore production, improved efficiency at Pilbara and progress on new projects that helped offset weather and cost headwinds, underpinning revenue visibility. Can Pilbara Facility Anchor Rio Tinto’s Short-Term Growth Trajectory?
• Positive Sentiment: Green‑steel collaboration boosts strategic, ESG growth story — a joint development agreement (JDA) with Calix for a green iron demo plant in Western Australia underscores Rio’s move into lower‑carbon steel inputs, supporting long‑term premium positioning. Calix Ltd jumps 30% on JDA with Rio Tinto
• Positive Sentiment: Higher aluminium billet premiums may lift margins — reports show Rio Tinto raised U.S. billet premiums alongside peers amid Middle East conflict, which can boost near‑term aluminium revenue. Market Chatter: Rio Tinto, Century Aluminum Raise US Billet Premiums
• Positive Sentiment: CEO emphasizes China as innovation hub — management comments about China as a key hub for innovation reinforce investor confidence in RIO’s technology and market access strategy. Rio Tinto CEO: China a key hub for innovation
• Neutral Sentiment: Former CEO launching deep‑sea mining ventures — multiple stories report Tom Albanese’s firms merging/listing to build a large seabed critical‑minerals platform; this is more industry‑adjacent than a direct competitive threat to Rio today. Ex‑Rio Tinto CEO’s deep‑sea mining firm to merge with Odyssey
• Neutral Sentiment: Analyst consensus remains mixed — Rio Tinto retains a consensus “Hold” from analysts, suggesting limited near‑term upside per street estimates despite operational positives. Rio Tinto receives consensus ‘Hold’
• Neutral Sentiment: Broader market and energy developments are tangential — items like a large South African solar commissioning and basic‑materials market commentary provide background on energy/commodity dynamics but are not RIO‑specific catalysts. Bolobedu Solar power plant reaches commissioning

Rio Tinto Price Performance

Shares of RIO stock opened at $98.33 on Thursday. 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 PLC has a fifty-two week low of $52.27 and a fifty-two week high of $101.53. The stock’s 50-day moving average is $93.51 and its two-hundred day moving average is $81.17.

Rio Tinto Dividend Announcement

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

Rio Tinto Company 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.