Rio Tinto plc (RIO) delivered a strong second quarter in 2026, with revenue rising to $15.5 billion, up 15.5% from a year earlier. Profitability also improved across the board, as gross profit climbed to $4.8 billion, operating profit reached $4.6 billion, and net income attributable to common shareholders increased to $3.3 billion.
Earnings per diluted share came in at $2.03, up 46.9% year over year, highlighting the sharp improvement in bottom-line performance. The company also generated stronger cash flow from operations of $4.6 billion, reflecting healthier operating momentum during the period.
On the spending side, Rio Tinto invested $3.0 billion in property, plant and equipment, while cash and equivalents totaled $8.9 billion at quarter end. Total liabilities stood at $61.8 billion, while cost of sales increased to $10.7 billion as the business supported higher revenue and output.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Rio Tinto plc Hedge Fund Activity
We have seen 444 institutional investors add shares of Rio Tinto plc stock to their portfolio, and 351 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GOLDMAN SACHS GROUP INC removed 2,150,415 shares (-19.6%) from their portfolio in Q1 2026, for an estimated $200,612,215
- JONES FINANCIAL COMPANIES LLLP added 1,678,725 shares (+3566.0%) to their portfolio in Q1 2026, for an estimated $156,608,255
- DEUTSCHE BANK AG\ removed 1,575,730 shares (-71.1%) from their portfolio in Q1 2026, for an estimated $146,999,851
- ALTSHULER SHAHAM LTD added 1,144,000 shares (+inf%) to their portfolio in Q1 2026, for an estimated $106,723,760
- JANE STREET GROUP, LLC added 1,003,425 shares (+inf%) to their portfolio in Q1 2026, for an estimated $93,609,518
- MANGROVE PARTNERS IM, LLC removed 998,661 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $93,165,084
- CLEARBRIDGE INVESTMENTS, LLC added 892,474 shares (+inf%) to their portfolio in Q1 2026, for an estimated $83,258,899
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Rio Tinto plc Congressional Stock Trading
Members of Congress have traded $RIO stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $RIO stock by members of Congress over the last 6 months:
- SENATOR ALAN ARMSTRONG purchased up to $50,000 on 03/30.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.