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Perpetual Limited ( (AU:PPT) ) has provided an announcement.
Perpetual Limited and its related entities have notified Korvest Limited that they have ceased to be a substantial shareholder in the company as of 22 January 2026, meaning their aggregate voting power has fallen below the substantial holding threshold. The change, formalised in a statutory disclosure signed by Perpetual’s company secretary, indicates a reduction or restructuring of Perpetual’s investment exposure to Korvest, which may modestly alter Korvest’s share register composition and reflects ongoing portfolio adjustments by a major institutional investor in the Australian market.
The most recent analyst rating on (AU:PPT) stock is a Hold with a A$20.60 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 that operates through a range of related bodies corporate, including Pendal Group and Pendal Fund Services, providing investment management and related fiduciary services to institutional and retail clients. Its activities typically involve holding and managing substantial positions in listed companies on behalf of investors, making it a notable player in the funds management and asset ownership landscape of the Australian equity market.
Average Trading Volume: 193,029
Technical Sentiment Signal: Sell
Current Market Cap: A$2.15B
See more insights into PPT stock on TipRanks’ Stock Analysis page.