SG Americas Securities LLC Buys 67,546 Shares of Rio Tinto PLC $RIO

SG Americas Securities LLC lifted its position in Rio Tinto PLC (NYSE:RIO) by 433.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 83,143 shares of the mining company’s stock after purchasing an additional 67,546 shares during the quarter. SG Americas Securities LLC’s holdings in Rio Tinto were worth $5,488,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in RIO. Salomon & Ludwin LLC grew its holdings in Rio Tinto by 62.2% during the 3rd quarter. Salomon & Ludwin LLC now owns 472 shares of the mining company’s stock valued at $31,000 after buying an additional 181 shares in the last quarter. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in shares of Rio Tinto during the 2nd quarter valued at approximately $38,000. MTM Investment Management LLC bought a new position in shares of Rio Tinto during the 2nd quarter valued at approximately $43,000. Hilltop National Bank purchased a new position in shares of Rio Tinto in the second quarter valued at $44,000. Finally, Wealth Preservation Advisors LLC bought a new stake in Rio Tinto in the second quarter worth $53,000. 19.33% of the stock is currently owned by hedge funds and other institutional investors.

Rio Tinto Trading Down 3.6%

Rio Tinto stock opened at $81.19 on Friday. Rio Tinto PLC has a 12-month low of $51.67 and a 12-month high of $85.46. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.03 and a current ratio of 1.53. The firm has a 50-day moving average price of $75.17 and a 200-day moving average price of $67.50.

Key Rio Tinto News

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

• Positive Sentiment: Rio is ramping up copper production and reporting efficiency/cleaner‑tech gains from new projects and Nuton technology — a tailwind given strong copper demand for electrification. Rio Tinto Continues to Ramp Up Copper Output: What’s the Road Ahead?
• Neutral Sentiment: Broad market coverage notes the FTSE‑100 was buoyed by the Glencore‑Rio merger talks, which lifted sector sentiment even as individual stock moves differed. FTSE 100 Buoyed by Glencore-Rio Tinto Merger Talks
• Negative Sentiment: Multiple outlets report that Rio and Glencore confirmed early merger discussions; markets flagged big scale (estimates $200–$280B) but emphasized there’s no certainty a deal will be agreed — prompting volatility and a pullback in RIO. Glencore Stock Jumps, and Rio Tinto Shares Fall. The Two Miners Confirm Early Merger Talks.
• Negative Sentiment: Glencore shares surged on the prospect of a takeover that could create the world’s largest miner; the asymmetric market reaction (Glencore up, Rio down) increases short‑term downside pressure on RIO. Glencore rises on prospect of Rio Tinto merger to form world’s biggest miner
• Negative Sentiment: Coverage frames the talks as a restart of large‑scale merger discussions amid a copper boom; while strategic rationale exists, investors are focused on deal terms, shareholder dilution, integration and regulatory approval risks. Rio Tinto and Glencore restart talks over mega-merger that would create the world’s largest mining firm
• Negative Sentiment: Analysts and market pieces place the potential deal value in the $200B+ range and recount past mega‑deals — highlighting execution and regulatory precedents that increase uncertainty for Rio shareholders. Mining mega‑deals that built global giants
• Negative Sentiment: Market reaction pieces and trade coverage note competing headlines (size estimates $260–$280B) and reiterate there’s no guarantee of an offer — reinforcing the near‑term risk premium on RIO shares. Glencore and Rio Tinto shares jump confirm $260bn merger talks as copper race intensifies
• Negative Sentiment: News outlets (WSJ, Invezz and others) covering the restart of merger talks emphasize that talks are preliminary — sustaining volatility until more detail on structure, valuation and approvals emerges. Glencore, Rio Tinto Restart Merger Talks

Wall Street Analyst Weigh In

Several research firms have commented on RIO. Weiss Ratings reiterated a “hold (c+)” rating on shares of Rio Tinto in a research report on Monday, December 29th. Royal Bank Of Canada restated a “sector perform” rating on shares of Rio Tinto in a report on Monday, December 1st. Morgan Stanley reaffirmed an “overweight” rating on shares of Rio Tinto in a report on Tuesday, December 16th. Zacks Research upgraded Rio Tinto from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 29th. Finally, Argus boosted their price objective on Rio Tinto from $70.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Three research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $85.00.

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.