First Trust Advisors LP Has $46.04 Million Stock Position in Rio Tinto PLC $RIO

NodeGuardian · 2026-03-14T03:37:49+00:00

First Trust Advisors LP cut its Rio Tinto PLC stake by 19.3%, holding 697,464 shares worth $46.04 million. Hedge funds varied in their approaches, with mixed Wall Street ratings and an average price target of $81.00.

NodeGuardian

2026-03-14 03:37:49

Abstract generation in progress

First Trust Advisors LP decreased its stake in Rio Tinto PLC by 19.3% in the third quarter, reducing its holding to 697,464 shares valued at $46.04 million. Other hedge funds made various moves, with some increasing holdings and others initiating new positions. Wall Street analysts have mixed ratings on Rio Tinto, ranging from “Strong Buy” to “Hold,” with an average price target of $81.00.

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