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Allan Gray Australia Reduces Stake in Downer EDI Limited

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Allan Gray Australia Reduces Stake in Downer EDI Limited

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Downer EDI Limited ( (AU:DOW) ) has issued an update.

Allan Gray Australia Pty Ltd, an investment manager, has reduced its voting power in Downer EDI Limited from 9.18% to 8.14% as of June 25, 2025. This change in substantial holding may impact Downer’s shareholder composition and influence its strategic decisions, reflecting a shift in investment strategy by one of its significant stakeholders.

The most recent analyst rating on (AU:DOW) stock is a Hold with a A$5.77 price target. To see the full list of analyst forecasts on Downer EDI Limited stock, see the AU:DOW Stock Forecast page.

More about Downer EDI Limited

Downer EDI Limited operates in the engineering and infrastructure management services industry, focusing on providing integrated services in Australia and New Zealand. The company is known for its work in transportation, utilities, facilities, and asset services, catering to both public and private sector clients.

Average Trading Volume: 1,084,132

Technical Sentiment Signal: Buy

Current Market Cap: A$4.22B

Find detailed analytics on DOW stock on TipRanks’ Stock Analysis page.

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