Arrowstreet Capital Limited Partnership Acquires 2,451,140 Shares of Rio Tinto PLC $RIO

Arrowstreet Capital Limited Partnership boosted its holdings in shares of Rio Tinto PLC (NYSE:RIO) by 170.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 3,886,335 shares of the mining company’s stock after purchasing an additional 2,451,140 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Rio Tinto were worth $311,023,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in RIO. Milford Funds Ltd. acquired a new position in Rio Tinto in the 4th quarter valued at approximately $93,143,000. Deutsche Bank AG raised its holdings in Rio Tinto by 102.6% in the 4th quarter. Deutsche Bank AG now owns 2,216,935 shares of the mining company’s stock valued at $177,421,000 after acquiring an additional 1,122,667 shares in the last quarter. Natixis Advisors LLC raised its holdings in Rio Tinto by 144.7% in the 4th quarter. Natixis Advisors LLC now owns 1,587,387 shares of the mining company’s stock valued at $127,039,000 after acquiring an additional 938,687 shares in the last quarter. Bank of America Corp DE raised its holdings in Rio Tinto by 31.9% in the 3rd quarter. Bank of America Corp DE now owns 3,157,545 shares of the mining company’s stock valued at $208,430,000 after acquiring an additional 763,786 shares in the last quarter. Finally, National Bank of Canada FI raised its holdings in shares of Rio Tinto by 878.3% in the 3rd quarter. National Bank of Canada FI now owns 824,092 shares of the mining company’s stock worth $54,396,000 after buying an additional 739,854 shares in the last quarter. Institutional investors and hedge funds own 19.33% of the company’s stock.

Key Rio Tinto News

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

• Positive Sentiment: Erste Group Bank raised its earnings forecasts for Rio Tinto, increasing FY2026 EPS to $8.42 from $8.04 and FY2027 EPS to $8.47 from $8.31, which suggests analysts see stronger profitability ahead.
• Positive Sentiment: Rio Tinto and China Baowu completed Pilbara Blend iron ore pelletisation and direct reduction trials, a development that could support future demand for higher-value iron ore products and improve the company’s positioning with steel customers.
• Positive Sentiment: Rio Tinto’s collaboration with Sandvik to integrate autonomous drilling systems highlights continued investment in automation, which may improve productivity and lower operating costs over time. Article Title
• Neutral Sentiment: Coverage discussing Rio Tinto’s momentum trends and passive-income appeal may be helping keep investor interest elevated, but it does not appear to be a direct fundamental catalyst.
• Neutral Sentiment: Reports that Rio Tinto Shipping is selling half of its owned bulkers could be part of portfolio optimization, but the financial impact is unclear from the headline alone. Article Title
• Negative Sentiment: There is also a recent market note saying Rio Tinto slipped and underperformed the broader market earlier in the week, suggesting some short-term profit-taking or weaker trading sentiment. Article Title

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on RIO shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Rio Tinto in a research report on Friday, May 15th. Royal Bank Of Canada downgraded Rio Tinto from a “sector perform” rating to an “underperform” rating in a research report on Wednesday, June 3rd. Argus set a $120.00 target price on Rio Tinto in a research report on Monday, April 27th. Weiss Ratings restated a “buy (b-)” rating on shares of Rio Tinto in a research report on Wednesday, May 20th. Finally, Barclays cut Rio Tinto from an “overweight” rating to an “equal weight” rating in a report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Rio Tinto presently has an average rating of “Hold” and an average target price of $101.75.

Rio Tinto Price Performance

RIO stock opened at $105.30 on Monday. The business has a fifty day moving average price of $102.17 and a 200 day moving average price of $92.16. Rio Tinto PLC has a fifty-two week low of $55.64 and a fifty-two week high of $112.58. The company has a quick ratio of 0.98, a current ratio of 1.44 and a debt-to-equity ratio of 0.33.

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.