5 Nuclear Energy Stocks to Buy Now

1. Rio Tinto Group (NYSE:RIO)

Number of Hedge Fund Holders: 22

Rio Tinto Group (NYSE:RIO) is a multinational leading metals and mining corporation that produces uranium, in addition to iron ore, copper, diamonds, and gold. 

On February 23, Rio Tinto Group (NYSE:RIO) declared a $7.93 per share ordinary dividend. The company also declared a special dividend of $2.47 per share, representing a 79% payout. 

RBC Capital analyst Tyler Broda on February 24 lowered the price target on Rio Tinto Group (NYSE:RIO) to £5,100 from £5,200 and kept a Sector Perform rating on the shares.

Among the hedge funds tracked by Insider Monkey in the fourth quarter of 2021, 22 funds were bullish on Rio Tinto Group (NYSE:RIO), with collective stakes worth $1.8 billion, up from 20 funds in the prior quarter, holding stakes in Rio Tinto Group (NYSE:RIO) worth $1.3 billion. Arrowstreet Capital is a prominent stakeholder of the company, with more than 8 million shares valued at $543.2 million. 

You can also take a look at 10 Undervalued Dividend Kings To Buy In 2022 and These 10 Companies Just Increased Their Dividends By Over 10%. 

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