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Rep. Lisa C. McClain Buys Rio Tinto PLC (NYSE:RIO) Stock

Rio Tinto logo with Basic Materials background

Key Points

  • Rep. Lisa C. McClain purchased between $1,001 and $15,000 of Rio Tinto PLC (NYSE:RIO) stock on June 24, as disclosed in a filing made on August 13.
  • Rio Tinto's recent semi-annual dividend will yield 620.0%, with $1.48 per share distributed to investors of record on August 15.
  • Analysts have mixed ratings on Rio Tinto's stock, with a consensus rating of “Moderate Buy” and an average price target of $73.00.
  • Looking to export and analyze Rio Tinto data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Rio Tinto PLC NYSE: RIO. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Rio Tinto stock on June 24th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

  • Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
  • Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
  • Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
  • Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
  • Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
  • Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
  • Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
  • Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
  • Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
  • Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Rio Tinto Trading Down 2.1%

Shares of NYSE:RIO opened at $61.21 on Friday. The company has a market cap of $76.76 billion, a PE ratio of 9.49 and a beta of 0.64. The company's 50-day moving average price is $59.87 and its 200 day moving average price is $60.34. Rio Tinto PLC has a fifty-two week low of $51.67 and a fifty-two week high of $72.08. The company has a quick ratio of 1.03, a current ratio of 1.53 and a debt-to-equity ratio of 0.37.

Rio Tinto Cuts Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Thursday, September 25th. Investors of record on Friday, August 15th will be given a $1.48 dividend. The ex-dividend date is Friday, August 15th. This represents a yield of 620.0%. Rio Tinto's dividend payout ratio (DPR) is currently 69.15%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on RIO. Jefferies Financial Group reiterated a "hold" rating on shares of Rio Tinto in a research report on Tuesday, June 3rd. Berenberg Bank restated a "hold" rating on shares of Rio Tinto in a research report on Thursday, July 3rd. Barclays restated an "overweight" rating on shares of Rio Tinto in a research report on Wednesday, July 2nd. Deutsche Bank Aktiengesellschaft downgraded shares of Rio Tinto from a "buy" rating to a "hold" rating in a research report on Wednesday, July 30th. Finally, Wall Street Zen downgraded shares of Rio Tinto from a "strong-buy" rating to a "buy" rating in a research report on Monday, April 28th. Four analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $73.00.

Read Our Latest Research Report on RIO

Institutional Trading of Rio Tinto

A number of hedge funds and other institutional investors have recently made changes to their positions in RIO. Wayfinding Financial LLC acquired a new position in shares of Rio Tinto in the 1st quarter worth approximately $30,000. Pandora Wealth Inc. acquired a new position in shares of Rio Tinto in the 1st quarter worth approximately $30,000. Alpine Bank Wealth Management acquired a new position in shares of Rio Tinto in the 1st quarter worth approximately $30,000. Bfsg LLC grew its stake in shares of Rio Tinto by 5,754.5% in the 1st quarter. Bfsg LLC now owns 644 shares of the mining company's stock worth $39,000 after purchasing an additional 633 shares during the last quarter. Finally, Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in shares of Rio Tinto in the 2nd quarter worth approximately $38,000. 19.33% of the stock is currently owned by institutional investors.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Rio Tinto

(Get Free Report)

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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