Rio Tinto stock gains as JPMorgan exits major holder status

Published on 09/23/2026 at 14:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Rio Tinto stock closed at USD 97.49 on September 22, 2026, up 0.46 percent. Bernstein raised its target to USD 89.50 on September 9.

Eisenerz-Tagebau mit gelben Muldenkippern auf Serpentinenstraßen im roten Gestein — Rio Tinto plc (ISIN GB0007188757) fördert Eisenerz in riesigen Tagebauminen mit schweren Muldenkippern, Illustration mit AI erstellt.

Rio Tinto stock (ISIN GB0007188757) closed at USD 97.49 on September 22, 2026, gaining 0.46 percent on the New York Stock Exchange. The immediate company event is a disclosure that JPMorgan ceased to be a substantial holder effective September 18, 2026, according to Traders Union on September 23, 2026.

JPMorgan status changes

The filing-related update concerns ownership status rather than a change to Rio Tinto's operating guidance. Futunn reported on September 23, 2026, that JPMorgan Chase and its subsidiaries informed Rio Tinto they were no longer major stakeholders, effective September 18, 2026.

The market response was limited in the available New York quote: the September 22 close of USD 97.49 was USD 0.45, or 0.46 percent, above the previous close of USD 97.04. That keeps the ownership disclosure separate from a large price repricing.

Target remains below the quote

Bernstein maintained an Outperform rating and raised its price target from USD 88.50 to USD 89.50 on September 9, 2026, according to Yahoo Finance. The new target is USD 7.99 below the September 22 close, a difference of 8.20 percent based on those two figures.

Yahoo Finance also listed an average one-year target of USD 104.20 and a 52-week range of USD 63.62 to USD 112.58 on its September 22, 2026 market snapshot. The close therefore stood USD 15.09 below the 52-week high and USD 33.87 above the low, placing the stock closer to the upper end of its annual range than to the bottom.

Next operating date is October 13

Rio Tinto's next listed operating-results date is October 13, 2026, when the company is scheduled to publish third-quarter 2026 operating results, according to MarketScreener on September 23, 2026. That date is the next concrete reporting checkpoint in the available company calendar.

Rio Tinto stock closed at USD 97.49 on the New York Stock Exchange on September 22, 2026, with a market capitalization of USD 158.554 billion and trading volume of 1,301,724 shares in the same market snapshot.