Rio Tinto Stock Rises After JPMorgan Exits Major Holder Status

Rio Tinto's stock price rose by 0.46 percent to $97.49 on September 22, 2026, as JPMorgan exited its status as a major holder of the company.

The change in ownership status was disclosed on September 23, 2026, and came after JPMorgan informed Rio Tinto that it was no longer a substantial holder effective September 18, 2026, according to Traders Union.

The market response was limited, with the stock price increasing by just $0.45 from its previous close of $97.04 on September 22, 2026.

Bernstein maintained an Outperform rating and raised its price target for Rio Tinto to $89.50 on September 9, 2026, which is still below the current stock price of $97.49.