D.A. Davidson & CO. Has $9.94 Million Stock Position in Rio Tinto PLC $RIO

Key Points

• D.A. Davidson & CO. increased its stake in Rio Tinto by 16.7% in Q4 and now owns 124,182 shares valued at approximately $9.94 million.
• Several major banks have recently downgraded Rio Tinto, leaving a consensus rating of "Hold" and a consensus price target of $101.75.
• Rio Tinto paid a $2.54 dividend (ex‑dividend March 6) and announced an A$100m commitment to worker housing plus an extended partnership with Clontarf, though a recent workplace fatality presents reputational and operational risk.

D.A. Davidson & CO. raised its holdings in Rio Tinto PLC (NYSE:RIO - Free Report) by 16.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 124,182 shares of the mining company's stock after acquiring an additional 17,786 shares during the quarter. D.A. Davidson & CO.'s holdings in Rio Tinto were worth $9,938,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Wealth Quarterback LLC increased its position in Rio Tinto by 1.8% in the 4th quarter. Wealth Quarterback LLC now owns 6,532 shares of the mining company's stock valued at $523,000 after acquiring an additional 118 shares during the period. IVC Wealth Advisors LLC increased its position in Rio Tinto by 1.2% in the 4th quarter. IVC Wealth Advisors LLC now owns 10,963 shares of the mining company's stock valued at $877,000 after acquiring an additional 129 shares during the period. Mather Group LLC. increased its position in Rio Tinto by 4.5% in the 4th quarter. Mather Group LLC. now owns 3,060 shares of the mining company's stock valued at $245,000 after acquiring an additional 132 shares during the period. Jaffetilchin Investment Partners LLC increased its position in Rio Tinto by 2.4% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 5,736 shares of the mining company's stock valued at $459,000 after acquiring an additional 137 shares during the period. Finally, Rakuten Securities Inc. increased its position in Rio Tinto by 4.0% in the 4th quarter. Rakuten Securities Inc. now owns 3,823 shares of the mining company's stock valued at $306,000 after acquiring an additional 146 shares during the period. 19.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Argus set a $120.00 price target on shares of Rio Tinto in a research report on Monday. JPMorgan Chase & Co. cut shares of Rio Tinto from an "overweight" rating to a "neutral" rating in a research report on Monday, March 9th. HSBC cut shares of Rio Tinto from a "buy" rating to a "hold" rating in a research report on Monday, January 26th. Morgan Stanley cut shares of Rio Tinto from an "overweight" rating to an "equal weight" rating in a research report on Wednesday, January 28th. Finally, Barclays cut shares of Rio Tinto from an "overweight" rating to an "equal weight" rating in a research report on Tuesday, February 24th. Four equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $101.75.

Rio Tinto Price Performance

Rio Tinto stock opened at $98.39 on Wednesday. Rio Tinto PLC has a 1-year low of $55.64 and a 1-year high of $101.53. The firm's fifty day moving average price is $94.44 and its two-hundred day moving average price is $84.57. 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 Announces Dividend

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

Rio Tinto News Roundup

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

• Positive Sentiment: JPMorgan raised its price target on Rio Tinto after Q1 results, reflecting continued confidence in the company’s commodity exposure (copper, aluminium, iron ore) and supporting medium‑term valuation. JPMorgan Lifts PT on Rio Tinto Group (RIO) Following Q1 Results
• Positive Sentiment: Rio announced a A$100m commitment to help fund 500+ homes for regional frontline workers in WA’s Pilbara — a move that supports workforce stability for mining operations and improves ESG/community credentials. Rio Tinto's A$100m boost for essential service worker housing in the Pilbara
• Positive Sentiment: Rio extended an 18‑year partnership with Clontarf, backing programs for Aboriginal and Torres Strait Islander young men — reinforcing social licence and long‑term community relationships. Clontarf and Rio Tinto extend 18-year partnership supporting young Aboriginal and Torres Strait Islander men
• Neutral Sentiment: Rio and Angola’s state diamond company formed a joint venture to develop a mine — diversification into diamonds could add long‑term optionality but is unlikely to materially affect near‑term earnings. Rio Tinto, Angolan state diamond company form joint venture for mine
• Neutral Sentiment: Analysts express mixed views after Q1 production: some upgrades and PT lifts offset by caution on commodity prices and project timelines — this produces divergent near‑term guidance for the stock. Analysts Express Mixed Views on Rio Tinto Group (RIO) Following Q1 Production Results
• Neutral Sentiment: Market commentary highlights recent strong share momentum and improved valuation metrics after multi‑month gains, underscoring bullish technicals (50‑day SMA above 200‑day). A Look At Rio Tinto LSE: RIO Valuation After Recent Share Price Momentum
• Negative Sentiment: A workplace fatality at a Rio Tinto plant was reported, which can prompt near‑term operational scrutiny, potential investigations and reputational risk—factors that likely pressured the stock today. Employee killed in workplace incident at Rio Tinto plant

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.

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