Rio Tinto (NYSE:RIO) Downgraded to Strong Sell Rating by Zacks Research

Posted by Brenda Bartman on Aug 6th, 2026

Zacks Research downgraded shares of Rio Tinto (NYSE:RIO – Free Report) from a hold rating to a strong sell rating in a research note published on Tuesday morning,Zacks.com reports.

RIO has been the subject of several other reports. Berenberg Bank set a $113.00 price target on shares of Rio Tinto in a research note on Thursday, July 30th. Weiss Ratings raised shares of Rio Tinto from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, July 30th. Citigroup reissued a “neutral” rating on shares of Rio Tinto in a research report on Thursday, July 9th. Royal Bank Of Canada downgraded shares of Rio Tinto from a “sector perform” rating to an “underperform” rating in a research note on Wednesday, June 3rd. Finally, The Goldman Sachs Group upgraded Rio Tinto from a “neutral” rating to a “buy” rating in a research note on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $105.50.

Check Out Our Latest Report on RIO

Rio Tinto Trading Up 2.6%

RIO opened at $101.61 on Tuesday. Rio Tinto has a 12 month low of $60.09 and a 12 month high of $112.58. The company has a fifty day simple moving average of $97.12 and a 200 day simple moving average of $96.52. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.93 and a current ratio of 1.42.

Rio Tinto Announces Dividend

The company also recently declared a dividend, which will be paid on Thursday, September 24th. Investors of record on Friday, August 14th will be paid a $2.11 dividend. The ex-dividend date is Friday, August 14th. This represents a yield of 438.0%.

Institutional Investors Weigh In On Rio Tinto

Hedge funds and other institutional investors have recently modified their holdings of the company. AdvisorNet Financial Inc increased its position in Rio Tinto by 160.2% during the first quarter. AdvisorNet Financial Inc now owns 294 shares of the mining company’s stock worth $27,000 after acquiring an additional 181 shares during the period. Nvest Wealth Strategies Inc. acquired a new stake in shares of Rio Tinto in the fourth quarter valued at approximately $28,000. Evelyn Partners Investment Management LLP acquired a new stake in Rio Tinto during the fourth quarter worth approximately $34,000. V Square Quantitative Management LLC acquired a new position in Rio Tinto in the 1st quarter valued at $35,000. Finally, Glen Eagle Advisors LLC lifted its position in shares of Rio Tinto by 32.2% during the 4th quarter. Glen Eagle Advisors LLC now owns 452 shares of the mining company’s stock valued at $36,000 after acquiring an additional 110 shares during the period. Institutional investors and hedge funds own 19.33% of the company’s stock.

Rio Tinto Company Profile

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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.