Disciplined Investors L.L.C. Purchases Shares of 13,709 Rio Tinto PLC $RIO

Disciplined Investors L.L.C. purchased a new stake in shares of Rio Tinto PLC (NYSE:RIO) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 13,709 shares of the mining company’s stock, valued at approximately $1,097,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. PFS Partners LLC acquired a new position in Rio Tinto during the fourth quarter valued at approximately $28,000. Nvest Wealth Strategies Inc. acquired a new position in Rio Tinto during the fourth quarter valued at approximately $28,000. Trust Co. of Toledo NA OH acquired a new position in Rio Tinto during the fourth quarter valued at approximately $34,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Rio Tinto during the fourth quarter valued at approximately $37,000. Finally, Baillie Gifford & Co. grew its holdings in Rio Tinto by 51.0% during the fourth quarter. Baillie Gifford & Co. now owns 524 shares of the mining company’s stock valued at $42,000 after purchasing an additional 177 shares during the last quarter. Institutional investors and hedge funds own 19.33% of the company’s stock.

Rio Tinto News Summary

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

• Positive Sentiment: Rio Tinto and Sandvik are partnering to advance autonomous open-pit drilling, a move that could improve productivity, lower operating costs, and support long-term margin expansion. Sandvik, Rio Tinto partner to advance autonomous open-pit drilling
• Positive Sentiment: The company also commissioned a low-carbon aluminum smelter expansion in Québec and began work on a $1.5 billion project, reinforcing its push into lower-carbon industrial metals and potentially strengthening its ESG profile. Rio Tinto commissions low-carbon aluminium smelter expansion in Québec
• Positive Sentiment: Rio Tinto’s aluminum exports to the U.S. reportedly rebounded to pre-tariff levels, which suggests improving trade flows and demand conditions for part of its business. Rio Tinto’s aluminum exports to U.S. rebound to pretariff levels
• Positive Sentiment: Broader mining stocks moved higher as copper prices rose, which likely helped sentiment toward Rio Tinto and other miners. FTSE 100 Live: Stocks inch higher as miners rise, BAT and Chemring fall
• Neutral Sentiment: Rio Tinto has shown strong recent share-price momentum, and a market article questioned whether the stock is overvalued after its run-up; this is more of a valuation debate than a direct operational warning. Is Rio Tinto Group (LSE:RIO) Overvalued After Recent Share Price Strength
• Negative Sentiment: A Seeking Alpha piece downgraded Rio Tinto on valuation, which could weigh on sentiment even though it said fundamentals remain intact. Rio Tinto: Downgrading On Valuation, Not Fundamentals
• Negative Sentiment: Rio Tinto also faces a Madagascar rare earths lawsuit, which adds legal and project-related uncertainty. Rio Tinto faces Madagascar rare earths lawsuit

Wall Street Analysts Forecast Growth

Several brokerages have commented on RIO. Barclays downgraded Rio Tinto from an “overweight” rating to an “equal weight” rating in a report on Tuesday, February 24th. Sanford C. Bernstein raised their target price on Rio Tinto from $82.00 to $83.50 and gave the company an “outperform” rating in a report on Monday, April 27th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Rio Tinto in a report on Wednesday, May 20th. Citigroup reissued a “neutral” rating on shares of Rio Tinto in a research report on Tuesday, May 26th. Finally, Zacks Research downgraded shares of Rio Tinto from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. One equities research 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 company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $101.75.

Rio Tinto Trading Down 3.3%

Shares of Rio Tinto stock opened at $107.94 on Thursday. The company’s fifty day simple moving average is $100.30 and its 200-day simple moving average is $90.56. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.98 and a current ratio of 1.44. Rio Tinto PLC has a 1 year low of $55.64 and a 1 year high of $112.58.

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.