Perpetual Equity Investment Co. posts February NTA, lags index but maintains strong yield

Perpetual Equity Investment Co. Ltd. ( (AU:PIC) ) has shared an announcement.

Perpetual Equity Investment Company Limited has released its Monthly Investment Update and Net Tangible Assets report for the period ended 28 February 2026, detailing portfolio performance, asset backing and key holdings. The company reported an after-tax NTA of $1.252 per share on a cum-dividend basis and a market capitalisation of $488 million, with a portfolio yield of 6.3% or 9.0% grossed up, underpinned by major positions in BHP Group, Washington H. Soul Pattinson and Goodman Group.

Performance for the month showed the portfolio down 1.5%, underperforming the S&P/ASX 300 Accumulation Index by 5.4%, and the fund has also lagged the benchmark over one- and three-year periods while remaining broadly in line since inception. The update confirms the impact of the recently declared 4 cents per share interim dividend on ex-dividend NTA, and provides investors with transparency on returns, fee structure and the current positioning of the portfolio, which is central to assessing income sustainability and relative performance in the listed investment company sector.

The most recent analyst rating on (AU:PIC) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Perpetual Equity Investment Co. Ltd. stock, see the AU:PIC Stock Forecast page.

More about Perpetual Equity Investment Co. Ltd.

Perpetual Equity Investment Company Limited is an Australia-based listed investment company trading on the ASX under the code PIC. It is managed by Perpetual Investment Management Limited and provides investors with a diversified portfolio of primarily Australian equities, complemented by select global holdings, and targets income through half-yearly fully-franked dividends.

Average Trading Volume: 326,635

Technical Sentiment Signal: Buy

For a thorough assessment of PIC stock, go to TipRanks’ Stock Analysis page.