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Soul Patts Reduces Stake in Propel Funeral Partners

Story Highlights
  • Soul Patts has ceased to be a substantial holder in Propel Funeral Partners.
  • The change is due to a share sale by Pengana Capital Group, affecting Propel’s shareholder structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Soul Patts Reduces Stake in Propel Funeral Partners

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The latest announcement is out from Propel Funeral Partners Ltd. ( (AU:PFP) ).

Washington H. Soul Pattinson and Company Limited (Soul Patts) has ceased to be a substantial holder in Propel Funeral Partners Ltd. as of May 30, 2025. This change occurred due to the sale of shares by Pengana Capital Group Limited, which is associated with Soul Patts. This development may impact Propel’s shareholder structure and influence within the market.

The most recent analyst rating on (AU:PFP) stock is a Buy with a A$6.10 price target. To see the full list of analyst forecasts on Propel Funeral Partners Ltd. stock, see the AU:PFP Stock Forecast page.

More about Propel Funeral Partners Ltd.

Propel Funeral Partners Ltd. operates in the funeral services industry, providing funeral services and related products. The company is listed on the Australian Securities Exchange under the ticker PFP.

Average Trading Volume: 399,692

Technical Sentiment Signal: Hold

Current Market Cap: A$619.5M

Find detailed analytics on PFP stock on TipRanks’ Stock Analysis page.

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