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Washington H. Soul Pattinson and Co. ( (AU:SOL) ) has shared an announcement.
Washington H. Soul Pattinson and Company Limited announced that it has ceased to be a substantial holder in EQT Holdings Limited as of June 27, 2025. This change is due to the sale of shares by Pengana Capital Group Limited, in which Soul Patts holds more than 20% voting power, leading to a reduction in its indirect interest in EQT. Despite this change, Soul Patts’ direct interest in EQT remains unchanged. This development may impact Soul Patts’ strategic positioning and influence within EQT Holdings, potentially affecting stakeholders’ perceptions and future investment strategies.
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.
Washington H. Soul Pattinson and Company Limited (Soul Patts) is a diversified investment house with interests in various sectors, including telecommunications, building materials, resources, and financial services. The company focuses on long-term investments across a range of industries, aiming to deliver consistent returns to its stakeholders.
Average Trading Volume: 534,544
Technical Sentiment Signal: Buy
Current Market Cap: A$15.34B
For an in-depth examination of SOL stock, go to TipRanks’ Overview page.