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Perpetual Limited ( (AU:PPT) ) has shared an update.
Perpetual Limited and its related bodies corporate have notified Downer EDI Limited that they have ceased to be a substantial shareholder in the engineering and infrastructure company. The change was effective 24 April 2026, ending a substantial holding position that had been previously disclosed in March.
The notice indicates that changes in relevant interests in Downer EDI’s voting securities have reduced Perpetual’s stake below the substantial holder threshold. This move may modestly alter Downer EDI’s share register composition and signals a rebalancing of Perpetual’s investment exposure to the stock, though detailed transaction terms were not disclosed.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$18.00 price target. To see the full list of analyst forecasts on Perpetual Limited stock, see the AU:PPT Stock Forecast page.
More about Perpetual Limited
Perpetual Limited is an Australian financial services group headquartered in Sydney. Through entities including Pendal Group and various institutional and fund services arms, it operates as an asset and investment manager, holding and managing equity stakes in listed companies on behalf of clients and investment vehicles.
Average Trading Volume: 287,625
Technical Sentiment Signal: Sell
Current Market Cap: A$1.88B
For an in-depth examination of PPT stock, go to TipRanks’ Overview page.