Disciplined Investors L.L.C. Invests $1.10 Million in Rio Tinto PLC $RIO

Key Points

• Disciplined Investors L.L.C. opened a new position in Rio Tinto during the fourth quarter, buying 13,709 shares valued at about $1.1 million.
• Other institutional investors also added to or initiated stakes in Rio Tinto, and hedge funds and other institutions now own about 19.33% of the stock.
• Analyst sentiment is mixed: Rio Tinto’s overall rating is currently Hold with an average target price of $101.75, even as some firms upgraded or downgraded the shares recently.

Disciplined Investors L.L.C. purchased a new position in Rio Tinto PLC (NYSE:RIO - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 13,709 shares of the mining company's stock, valued at approximately $1,097,000.

A number of other hedge funds have also made changes to their positions in RIO. PFS Partners LLC purchased a new stake in shares of Rio Tinto in the fourth quarter worth approximately $28,000. Nvest Wealth Strategies Inc. purchased a new stake in shares of Rio Tinto in the fourth quarter worth approximately $28,000. Trust Co. of Toledo NA OH purchased a new stake in shares of Rio Tinto in the fourth quarter worth approximately $34,000. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Rio Tinto in the fourth quarter worth approximately $37,000. Finally, Triumph Capital Management purchased a new stake in shares of Rio Tinto in the third quarter worth approximately $38,000. 19.33% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. DZ Bank raised shares of Rio Tinto from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 29th. Royal Bank Of Canada lowered shares of Rio Tinto from a "sector perform" rating to an "underperform" rating in a research report on Wednesday. Bank of America lowered shares of Rio Tinto from a "buy" rating to a "neutral" rating in a research report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Rio Tinto in a research report on Friday, May 15th. Finally, Weiss Ratings reissued a "buy (b-)" rating on shares of Rio Tinto in a research report on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Rio Tinto currently has an average rating of "Hold" and an average target price of $101.75.

Key Rio Tinto News

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

Rio Tinto Trading Down 3.3%

Shares of RIO opened at $107.94 on Thursday. The firm's 50 day moving average price is $100.30 and its 200 day moving average price is $90.56. 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 twelve month low of $55.64 and a twelve month high of $112.58.

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.

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