Pacific Heights Asset Management LLC Raises Stock Holdings in Rio Tinto PLC $RIO

Posted by Geri Gentry on May 18th, 2026

Pacific Heights Asset Management LLC boosted its holdings in Rio Tinto PLC (NYSE:RIO – Free Report) by 30.8% in the fourth quarter, HoldingsChannel reports. The firm owned 425,000 shares of the mining company’s stock after purchasing an additional 100,000 shares during the period. Rio Tinto comprises about 1.3% of Pacific Heights Asset Management LLC’s portfolio, making the stock its 17th largest holding. Pacific Heights Asset Management LLC’s holdings in Rio Tinto were worth $34,013,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Wealth Quarterback LLC boosted its holdings in Rio Tinto by 1.8% in the fourth quarter. Wealth Quarterback LLC now owns 6,532 shares of the mining company’s stock valued at $523,000 after purchasing an additional 118 shares during the last quarter. Bailard Inc. boosted its holdings in Rio Tinto by 1.1% in the fourth quarter. Bailard Inc. now owns 12,306 shares of the mining company’s stock valued at $985,000 after purchasing an additional 128 shares during the last quarter. IVC Wealth Advisors LLC boosted its holdings in Rio Tinto by 1.2% in the fourth quarter. IVC Wealth Advisors LLC now owns 10,963 shares of the mining company’s stock valued at $877,000 after purchasing an additional 129 shares during the last quarter. Mather Group LLC. boosted its holdings in Rio Tinto by 4.5% in the fourth quarter. Mather Group LLC. now owns 3,060 shares of the mining company’s stock valued at $245,000 after purchasing an additional 132 shares during the last quarter. Finally, American Capital Advisory LLC boosted its holdings in Rio Tinto by 1.0% in the fourth quarter. American Capital Advisory LLC now owns 13,492 shares of the mining company’s stock valued at $1,080,000 after purchasing an additional 132 shares during the last quarter. Hedge funds and other institutional investors own 19.33% of the company’s stock.

Rio Tinto Trading Down 0.1%

NYSE:RIO opened at $103.63 on Monday. The company has a quick ratio of 0.98, a current ratio of 1.44 and a debt-to-equity ratio of 0.33. The business’s 50 day moving average is $95.95 and its two-hundred day moving average is $87.33. Rio Tinto PLC has a 52 week low of $55.64 and a 52 week high of $112.58.

Rio Tinto Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts recently commented on RIO shares. Sanford C. Bernstein increased their price target 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 raised Rio Tinto from a “hold (c)” rating to a “buy (b-)” rating in a report on Friday, February 20th. Morgan Stanley downgraded Rio Tinto from an “overweight” rating to an “equal weight” rating in a report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Rio Tinto in a report on Friday. Finally, Argus set a $120.00 target price on Rio Tinto in a report on Monday, April 27th. Four equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, Rio Tinto has an average rating of “Hold” and an average target price of $101.75.

Get Our Latest Analysis on Rio Tinto

Rio Tinto Company Profile

(Free Report)

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.