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The latest announcement is out from Perpetual Limited ( (AU:PPT) ).
Perpetual Limited and its related entities have notified Iluka Resources that they have ceased to be a substantial holder in the mineral sands producer as of 23 February 2026. The change reflects a reduction in Perpetual’s relevant voting interest in Iluka below the substantial holding threshold, following transactions detailed in an annexure to the regulatory filing.
The move signals an adjustment in Perpetual’s portfolio exposure to Iluka, potentially altering the shareholder mix and voting dynamics at the resources company. While the filing does not disclose specific reasons for the change, it formalises Perpetual’s diminished influence over Iluka’s corporate decisions under Australian substantial shareholding rules.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$17.50 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-based financial services group that operates through related bodies corporate, including Perpetual Investment Management Limited. The group provides investment management and related fiduciary services to institutional and retail clients, and actively manages equity positions in listed companies as part of its funds management activities.
Average Trading Volume: 206,064
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$2.01B
Learn more about PPT stock on TipRanks’ Stock Analysis page.