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Soul Patts Reduces Stake in EQT Holdings

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Soul Patts Reduces Stake in EQT Holdings

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Washington H. Soul Pattinson and Co. ( (AU:SOL) ) has provided an update.

Washington H. Soul Pattinson and Company Limited (Soul Patts) has announced a change in its substantial holding in EQT Holdings Limited. The company’s voting power has decreased from 7.21% to 5.58%, primarily due to a reduction in shares held by Pengana Capital Group Limited, in which Soul Patts holds significant voting power. This change may impact Soul Patts’ influence over EQT Holdings and reflects a strategic adjustment in its investment portfolio.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$37.50 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.

More about Washington H. Soul Pattinson and Co.

YTD Price Performance: 19.27%

Average Trading Volume: 521,604

Technical Sentiment Signal: Buy

Current Market Cap: A$14.83B

For an in-depth examination of SOL stock, go to TipRanks’ Overview page.

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