Rio Tinto PLC $RIO Shares Sold by Accordant Advisory Group Inc

Key Points

• Accordant Advisory Group Inc. reduced its stake in Rio Tinto by 53.8% during Q4, selling 12,113 shares and leaving 10,421 shares valued at about $834,000.
• Several large institutions materially added or initiated positions—notably Arrowstreet (new ~ $94.7M stake), Bank of America (3.16M shares, ~$208.4M), National Bank of Canada (up 878% to 824,092 shares) and Fisher Asset Management (19.12M shares, ~$1.26B)—with institutional ownership at 19.33%.
• Rio Tinto announced a $2.54 per share dividend payable April 16, with shareholders of record on March 6 (ex-dividend date March 6).

Accordant Advisory Group Inc lessened its position in shares of Rio Tinto PLC (NYSE:RIO - Free Report) by 53.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,421 shares of the mining company's stock after selling 12,113 shares during the quarter. Accordant Advisory Group Inc's holdings in Rio Tinto were worth $834,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RIO. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Rio Tinto in the third quarter valued at about $94,737,000. Bank of America Corp DE grew its position in shares of Rio Tinto by 31.9% in the third quarter. Bank of America Corp DE now owns 3,157,545 shares of the mining company's stock valued at $208,430,000 after purchasing an additional 763,786 shares during the period. National Bank of Canada FI grew its position in shares of Rio Tinto by 878.3% in the third quarter. National Bank of Canada FI now owns 824,092 shares of the mining company's stock valued at $54,396,000 after purchasing an additional 739,854 shares during the period. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Rio Tinto in the third quarter valued at about $37,115,000. Finally, Fisher Asset Management LLC grew its position in shares of Rio Tinto by 3.0% in the third quarter. Fisher Asset Management LLC now owns 19,120,168 shares of the mining company's stock valued at $1,262,122,000 after purchasing an additional 557,234 shares during the period. Institutional investors and hedge funds own 19.33% of the company's stock.

Rio Tinto Price Performance

NYSE:RIO opened at $97.21 on Friday. The company's 50-day moving average price is $93.55 and its 200-day moving average price is $81.28. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.44 and a quick ratio of 0.98. Rio Tinto PLC has a twelve month low of $53.74 and a twelve month high of $101.53.

Rio Tinto Dividend Announcement

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

Trending Headlines about Rio Tinto

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

• Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS forecasts (to about $8.16 and $8.15) and keeps a Buy stance, supporting expectations for stronger near‑term earnings. Erste upgrades RIO estimates
• Positive Sentiment: Operational resilience in the Pilbara — steady 2025 iron‑ore output, improved operating efficiency and progress on projects — helps underpin short‑term production outlook despite weather and cost pressures. Can Pilbara facility anchor growth?
• Positive Sentiment: Market chatter reports Rio Tinto and peers have raised U.S. premiums on aluminum billets, which could lift realized prices/revenues for certain aluminum products. Market Chatter: aluminum premiums
• Neutral Sentiment: Longer‑term strategic narrative: industry pieces highlight Rio Tinto’s pivot toward materials needed for the energy transition (e.g., higher‑value, low‑carbon inputs). This supports medium/long‑term positioning but is less decisive for near‑term price moves. Rust to Riches: Resource Realignment
• Neutral Sentiment: News about a former Rio Tinto CEO leading a deep‑sea critical‑minerals venture (merger with Odyssey) is notable for sector talent flow but is unlikely to materially affect Rio’s operating fundamentals. Ex‑Rio CEO deep‑sea mining deal
• Negative Sentiment: Zacks downgraded Rio Tinto from "strong‑buy" to "hold," a near‑term negative that can pressure sentiment and reduce momentum. Zacks downgrade
• Negative Sentiment: Analyst consensus/aggregators show a prevailing "hold" rating on RIO, reinforcing the cautious tone from the sell‑side and likely contributing to today’s weakness. Consensus Hold on RIO

Analyst Ratings Changes

Several analysts have recently issued reports on RIO shares. JPMorgan Chase & Co. lowered shares of Rio Tinto from an "overweight" rating to a "neutral" rating in a research report on Monday, March 9th. Argus lifted their target price on shares of Rio Tinto from $70.00 to $85.00 and gave the company a "buy" rating in a research report on Thursday, December 11th. DZ Bank lowered shares of Rio Tinto from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 20th. Royal Bank Of Canada reiterated a "sector perform" rating on shares of Rio Tinto in a research report on Thursday, January 22nd. Finally, Zacks Research lowered shares of Rio Tinto from a "strong-buy" rating to a "hold" rating in a research report on Tuesday. Four investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Rio Tinto presently has a consensus rating of "Hold" and an average price target of $81.00.

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.

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