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Washington H. Soul Pattinson and Co. Ltd. (AU:SOL)
ASX:SOL
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Washington H. Soul Pattinson and Co. (SOL) AI Stock Analysis

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AU:SOL

Washington H. Soul Pattinson and Co.

(Sydney:SOL)

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Neutral 50 (OpenAI - 4o)
Rating:50Neutral
Price Target:
AU$38.00
â–²(0.69% Upside)
The overall stock score reflects a combination of financial stability and challenges, bearish technical indicators, and a high valuation. The company's strong net profit margins and solid balance sheet are offset by declining revenue and operational profitability. Technical analysis suggests bearish momentum, while the high P/E ratio indicates potential overvaluation. The absence of earnings call data and corporate events limits additional insights.

Washington H. Soul Pattinson and Co. (SOL) vs. iShares MSCI Australia ETF (EWA)

Washington H. Soul Pattinson and Co. Business Overview & Revenue Model

Company DescriptionWashington H. Soul Pattinson and Co. (SOL) is an Australian investment company with a diverse portfolio spanning various sectors, including telecommunications, pharmaceuticals, and resources. Established in 1903, the company primarily focuses on long-term investments in quality businesses, seeking to deliver sustainable returns to its shareholders. Its core operations involve managing investments, providing strategic guidance to its portfolio companies, and engaging in active management of its assets to optimize performance and growth.
How the Company Makes MoneyWashington H. Soul Pattinson makes money through multiple revenue streams derived from its investment activities. The company generates income primarily from dividends received from its equity investments in various companies, as well as interest from fixed-income securities in its portfolio. Additionally, SOL benefits from capital gains realized when it sells investments at a profit. The company's strategy includes holding a diversified range of investments, which mitigates risk and enhances potential returns. Key revenue contributions come from its stakes in listed companies, such as Telstra and New Hope Corporation, while strategic partnerships with these entities can lead to collaborative opportunities that further enhance its financial performance. Overall, the consistent focus on quality investments and a long-term growth strategy underpins SOL's revenue model.

Washington H. Soul Pattinson and Co. Financial Statement Overview

Summary
The company faces challenges with declining revenue and operational profitability, as indicated by negative EBIT margins. Despite this, it maintains strong net profit margins and a solid balance sheet with low leverage. Cash flow management shows mixed results, with declining free cash flow growth but efficient cash generation relative to net income. Overall, the company demonstrates financial stability but needs to address revenue and operational challenges to enhance its financial performance.
Income Statement
45
Neutral
The income statement shows a significant decline in revenue growth, with a negative growth rate of -54.46% in the most recent year. Gross profit margin is moderate at 25.64%, but the net profit margin is high at 59.37%, indicating strong profitability despite revenue declines. However, the EBIT margin is negative, suggesting operational challenges. EBITDA margin remains strong at 93.61%, highlighting effective cost management.
Balance Sheet
70
Positive
The balance sheet is stable with a low debt-to-equity ratio of 0.11, indicating conservative leverage. Return on equity is modest at 3.87%, reflecting moderate profitability on shareholder investments. The equity ratio is strong, suggesting a solid capital structure with equity financing.
Cash Flow
50
Neutral
Cash flow analysis reveals a significant decline in free cash flow growth at -65.93%. The operating cash flow to net income ratio is low at 0.28, indicating potential cash flow challenges. However, the free cash flow to net income ratio is healthy at 62.67%, suggesting efficient cash generation relative to net income.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.41B613.40M557.60M362.90M2.56B1.07B
Gross Profit957.60M157.30M154.60M108.37M1.53B535.38M
EBITDA658.70M574.20M568.40M237.82M1.25B471.69M
Net Income364.20M364.20M498.80M690.72M-12.94M273.20M
Balance Sheet
Total Assets11.18B11.18B10.40B9.80B9.71B7.64B
Cash, Cash Equivalents and Short-Term Investments1.16B1.16B743.50M1.33B1.08B1.01B
Total Debt1.01B1.01B765.90M436.94M547.90M1.17B
Total Liabilities1.77B1.77B1.40B1.06B1.25B2.48B
Stockholders Equity9.41B9.41B8.99B8.72B8.45B4.09B
Cash Flow
Free Cash Flow205.80M205.80M255.70M596.24M1.01B333.16M
Operating Cash Flow328.40M328.40M429.30M773.54M1.19B514.72M
Investing Cash Flow-468.90M-467.10M-301.80M-454.80M-485.72M-413.71M
Financing Cash Flow117.70M115.90M-178.20M-513.51M-814.52M162.93M

Washington H. Soul Pattinson and Co. Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price37.74
Price Trends
50DMA
40.39
Negative
100DMA
40.61
Negative
200DMA
37.63
Positive
Market Momentum
MACD
-0.66
Negative
RSI
44.98
Neutral
STOCH
40.38
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:SOL, the sentiment is Neutral. The current price of 37.74 is below the 20-day moving average (MA) of 38.33, below the 50-day MA of 40.39, and above the 200-day MA of 37.63, indicating a neutral trend. The MACD of -0.66 indicates Negative momentum. The RSI at 44.98 is Neutral, neither overbought nor oversold. The STOCH value of 40.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:SOL.

Washington H. Soul Pattinson and Co. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
―$5.80B8.7211.40%2.12%52.51%82.60%
―$7.08B7.3811.04%10.86%-8.45%-24.30%
―$3.38B7.6717.04%8.48%-1.53%-7.57%
―$18.00B11.429.92%3.81%9.73%1.22%
―AU$1.90B490.700.15%8.59%-18.98%-99.05%
―AU$14.49B34.223.98%2.75%10.37%-25.81%
―AU$645.43M―-28.58%5.62%-23.26%-1008.87%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:SOL
Washington H. Soul Pattinson and Co.
37.52
4.92
15.07%
AU:NHC
New Hope Corporation Limited
4.01
-0.47
-10.45%
AU:WHC
Whitehaven Coal Limited
7.04
0.40
5.99%
AU:YAL
Yancoal Australia
5.55
-0.34
-5.79%
AU:SMR
Stanmore Resources Ltd
2.06
-0.95
-31.56%
AU:CRN
Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh
0.29
-0.71
-71.00%

Washington H. Soul Pattinson and Co. Corporate Events

Perpetual Limited Ceases Substantial Holding in Washington H. Soul Pattinson
Oct 3, 2025

Perpetual Limited and its related bodies corporate have ceased to be substantial holders of Washington H. Soul Pattinson and Company Limited as of October 1, 2025. This change in substantial holding could impact the company’s shareholder structure and influence its market positioning, potentially affecting stakeholder interests.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

WHSP Holdings Restructures and Reports Mixed Earnings
Sep 30, 2025

Washington H. Soul Pattinson and Co. Ltd., now known as WHSP Holdings Limited, is an investment house with a diversified portfolio across multiple industries. The company recently underwent a significant restructuring through a Scheme of Arrangement with Brickworks Limited, forming a new holding company and marking a new chapter in its corporate journey.

Soul Patts Completes Merger with Brickworks, Releases FY25 Reports
Sep 30, 2025

Washington H. Soul Pattinson has announced the completion of its merger with Brickworks Limited. The company has released an investor presentation and pre-merger FY25 annual reports, with the first post-merger financial results expected in March 2026. The FY25 results for the pre-merger entity, now WHSP Holdings Limited, are consistent with previous forecasts and do not reflect the merged group’s performance due to historical cross-shareholding. This merger is expected to enhance Soul Patts’ market position, offering a more diversified investment portfolio to stakeholders.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Washington H. Soul Pattinson and Co. Announces Strategic Merger with Brickworks
Sep 30, 2025

Washington H. Soul Pattinson and Co. has announced a strategic merger with Brickworks, creating a newly capitalized ASX50 diversified investment house with over $13 billion in net assets. This move is part of the company’s ongoing strategy to enhance shareholder value through diversified investments, and it solidifies its position as a major player in the investment industry with a 122-year dividend legacy.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Washington H. Soul Pattinson Announces Selective Buy-Back
Sep 24, 2025

Washington H. Soul Pattinson and Company Limited announced a selective buy-back of 53,829,015 securities from WHSP Holdings Ltd, out of a total of 433,748,697 securities on issue. This move is part of the company’s strategy to manage its capital structure effectively, potentially impacting its financial performance and market positioning.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Soul Patts Shareholders Approve Selective Buy-Back Resolution
Sep 24, 2025

Soul Patts announced that its shareholders have approved a selective buy-back resolution to extinguish the cross shareholding between itself and Pre-merger Soul Patts, a move following its recent merger with Brickworks Limited. This decision, passed via a special resolution, is expected to streamline the company’s operations and potentially enhance shareholder value by simplifying its corporate structure.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Soul Patts and Brickworks Implement Share Schemes and Transition to Topco Shares
Sep 23, 2025

Washington H. Soul Pattinson and Company Limited and Brickworks Limited have successfully implemented their respective share schemes, resulting in the issuance of Topco Shares to eligible shareholders. As a result, trading of Soul Patts and Brickworks shares has ceased, with Topco Shares now trading on the ASX. Brickworks plans to delist from the ASX following this transition. This strategic move is expected to streamline operations and potentially enhance shareholder value, reflecting a significant shift in the companies’ market positioning.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Soul Patts Announces Shareholder Briefings Across Major Australian Cities
Sep 22, 2025

Washington H. Soul Pattinson and Company Limited (Soul Patts) announced a series of shareholder briefings to be held in major Australian cities, including Sydney, Melbourne, Adelaide, and Brisbane. These briefings, hosted by Chairman Robert Millner AO, aim to provide shareholders with insights into the company’s strategy, portfolio, and future opportunities, reflecting Soul Patts’ commitment to transparency and stakeholder engagement.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

WHSP Ceases Substantial Holding in AMA Group
Sep 19, 2025

Washington H. Soul Pattinson and Co. (WHSP) has announced that it has ceased to be a substantial holder in AMA Group Limited as of September 15, 2025. This change in holdings was facilitated through the sale of shares by Pengana Capital Group Limited, a company in which WHSP holds more than 20% voting power, affecting 36,590,575 shares, equivalent to 0.76% of voting rights. This development may impact WHSP’s strategic positioning and influence within AMA Group Limited, potentially altering stakeholder dynamics and market perceptions.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

WHSP Holdings Completes Full Repurchase of Convertible Notes
Sep 19, 2025

WHSP Holdings Limited has successfully completed the repurchase and cancellation of 100% of its $450 million Senior Unsecured Convertible Notes due 2030. This strategic move, managed by Jefferies (Australia) Pty Ltd, is expected to strengthen the company’s financial position and flexibility, potentially impacting its market standing and providing confidence to its stakeholders.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Soul Pattinson Updates Shareholder Distribution Post-Equity Raising
Sep 16, 2025

Washington H. Soul Pattinson and Company Limited, recently renamed from First Services Company Ltd, has released updated information regarding its shareholder distribution. The announcement includes an updated indicative statement of the 20 largest shareholders and a distribution schedule, reflecting changes due to the Topco Equity Raising. This update is significant for stakeholders as it provides insights into the company’s shareholder structure and the impact of recent equity activities.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Washington H. Soul Pattinson Prepares for ASX Listing
Sep 15, 2025

Washington H. Soul Pattinson and Company Limited is undergoing a significant transition as it prepares for an ASX listing. The information memorandum outlines the adoption of a calendar year, changes in corporate structure, and the scheme consideration involved in the process. This move is expected to have implications for the company’s market positioning and stakeholder interests.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Washington H. Soul Pattinson Announces Key Shareholder Dates
Sep 15, 2025

Washington H. Soul Pattinson and Company Limited has announced important dates for its shareholders, including the final dividend record date on 16 October 2024 and payment date on 8 November 2024. The company will also hold its Annual General Meeting on 22 November 2024, with registration starting at 11:00 am AEDT and the meeting commencing at 12:00 pm AEDT.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Washington H. Soul Pattinson Announces New Director Appointment and Strategic Scheme
Sep 15, 2025

Washington H. Soul Pattinson and Company Limited has announced the appointment of Bruce Ian MacDiarmid as a director, effective from September 15, 2025. This appointment is part of a strategic move involving a scheme of arrangement with Brickworks Ltd, resulting in the issuance of 5,914 ordinary shares to the Northwood Superannuation Fund as consideration under the combination agreement.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Washington H. Soul Pattinson Announces ASX Quotation and Strategic Share Buy-Back
Sep 15, 2025

Washington H. Soul Pattinson and Company Limited, recently renamed from First Services Company Ltd, announced the official quotation of its fully paid ordinary shares on the ASX. The company plans a Selective Buy-Back of shares held by Legacy Soul Patts to eliminate cross-shareholding, reducing the total number of shares to approximately 381 million. Additionally, the company will issue performance rights and shares under the Topco Equity Raising, involving commitments from institutional investors and UBS AG, Australia branch, to raise substantial capital.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Washington H. Soul Pattinson Unveils Dividend Reinvestment Plan Rules
Sep 15, 2025

Washington H. Soul Pattinson and Company Limited has released the rules for its Dividend Reinvestment Plan (DRP), which outlines the terms and conditions for shareholders who wish to reinvest their dividends into additional shares of the company. This initiative is aimed at providing shareholders with a flexible option to increase their investment in the company, potentially enhancing shareholder value and aligning with the company’s long-term growth strategy.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Washington H. Soul Pattinson Unveils Comprehensive Rights Plan
Sep 15, 2025

Washington H. Soul Pattinson and Company Limited has released a detailed document outlining the rules and regulations of their Rights Plan. This plan includes various provisions related to the administration, eligibility, granting, and vesting of rights, as well as conditions under which these rights may be exercised or disposed of. The document also addresses scenarios such as termination of employment, change of control, and other actions that may impact the company. This comprehensive plan is designed to provide a structured framework for managing performance and service rights, ensuring alignment with the company’s strategic goals and protecting shareholder interests.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Washington H. Soul Pattinson Enforces New Share Trading Policy
Sep 15, 2025

Washington H. Soul Pattinson and Company Limited has issued a new share trading policy applicable to its directors, key management personnel, employees, and their associates. The policy emphasizes the prohibition of trading securities while in possession of non-public, price-sensitive information and outlines the requirement for obtaining approval before trading in securities of entities where the company holds a substantial interest. Compliance is mandatory, and breaches may lead to disciplinary actions, aligning directors’ interests with shareholders by encouraging shareholding.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Washington H. Soul Pattinson Reports Mixed Financial Results Amid Strategic Shifts
Sep 15, 2025

Washington H. Soul Pattinson and Company Limited reported a significant decrease in revenue from continuing operations by 77% to $629.5 million, and a complete drop in revenue from discontinued operations. However, the company saw a substantial increase in profit after tax attributable to members, rising by 5,438% to $690.7 million. Despite a 9% decrease in regular profit after tax, the company announced an increase in final and interim dividends, reflecting a strong commitment to shareholder returns. The financial results indicate a strategic shift and resilience in operations, despite challenges in revenue generation.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Brickworks Limited Reports 54% Decline in Annual Profit
Sep 15, 2025

Brickworks Limited, a prominent player in the construction and building materials industry, has reported its financial results for the year ending July 31, 2023. The company experienced a 54% decline in statutory net profit after tax to $395 million, with underlying net profit from continuing operations down 32% to $508 million. Despite these declines, the company declared a final dividend of 42 cents per share, marking a 2% increase. The report highlights a challenging year with reduced profits across various segments, including a 51% drop in EBITDA for Building Products Australia. However, the net tangible assets per share increased by 9% to $19.96, and the share of net assets within Property Trusts rose by $520 million.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Washington H. Soul Pattinson and Co. 2024 Annual Report Highlights Strategic Focus
Sep 15, 2025

Washington H. Soul Pattinson and Co. released its 2024 Annual Report, highlighting its strategic focus on sustainability, health and safety, and community support. The report outlines the company’s performance across various sectors, including property, building products in Australia and North America, and investments. Key insights include the company’s commitment to enhancing its global workforce and maintaining strong corporate governance. The report also details the company’s financial overview and strategic targets, emphasizing its dedication to long-term growth and value creation for stakeholders.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Soul Patts Reports Strong Half-Year Performance with Strategic Focus
Sep 15, 2025

Washington H. Soul Pattinson & Company Limited has released its 2025 Half Year Financial Report, detailing financial and operational performance for the half year ending January 31, 2025. The report highlights the company’s strategy to increase cash generation, grow its portfolio, and manage investment risk, reflecting its commitment to long-term investment success. This approach is expected to enhance the company’s market positioning and provide enduring value to shareholders.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Brickworks Limited Reports Strong Financial Growth Amid Market Challenges
Sep 15, 2025

Brickworks Limited reported a significant increase in its financial performance for the half-year ending January 31, 2025, with a statutory net profit after tax of $21 million, up 141%. The company’s underlying EBITDA rose by 472% to $148 million, driven by improved property earnings and strategic cost management. However, the North American division faced challenges due to lower sales volumes and adverse weather conditions, resulting in an EBITDA loss. The company declared an interim dividend of 25 cents, reflecting a 4% increase. These results highlight Brickworks’ resilience in managing market challenges and optimizing its operations.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

First Services Company Limited Reports Profit Amidst Merger Plans
Sep 15, 2025

First Services Company Limited reported a profit of $6,515,335 for the period ending July 31, 2025. The company’s financial results do not yet reflect the potential merger with Washington H. Soul Pattinson and Company Limited and Brickworks Limited, as the merger remains conditional. The company also established a wholly owned subsidiary, Second Services Company Pty Ltd, during this period.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Washington H. Soul Pattinson Embraces ASX Governance Standards
Sep 15, 2025

Washington H. Soul Pattinson and Company Limited has disclosed its adherence to the ASX Corporate Governance Principles and Recommendations, with some exceptions noted. The company has implemented a comprehensive corporate governance framework, including a board charter and written agreements with directors and senior executives, to ensure effective management and oversight.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Washington H. Soul Pattinson Unveils Governance Structure
Sep 15, 2025

Washington H. Soul Pattinson and Company Limited has released a document outlining the constitution of the company, focusing on the governance structure and operational guidelines. The document details the roles and responsibilities of directors, the appointment and retirement processes, as well as the powers and duties of the board and managing directors. This release is significant as it provides clarity on the company’s internal governance, potentially impacting its operational efficiency and stakeholder confidence.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Washington H. Soul Pattinson and Company Limited Seeks ASX Listing
Sep 15, 2025

Washington H. Soul Pattinson and Company Limited has submitted an application to be listed on the Australian Securities Exchange (ASX). This move signifies a strategic step for the company, potentially enhancing its market visibility and providing access to a broader investor base. The listing is expected to impact the company’s operations by increasing its capital market presence and offering new opportunities for growth and investment.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Washington H. Soul Pattinson Seeks ASX Listing
Sep 15, 2025

Washington H. Soul Pattinson and Company Limited has applied for admission to the ASX Official List, seeking quotation for over 433 million ordinary securities. This move signifies a strategic step in enhancing the company’s market presence and liquidity, potentially impacting its operations and stakeholder interests positively.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Washington H. Soul Pattinson Joins ASX, Begins Deferred Settlement Trading
Sep 15, 2025

Washington H. Soul Pattinson and Company Limited (SOL) has been admitted to the Official List of the Australian Securities Exchange (ASX) as of 15 September 2025. The company’s securities will begin trading on a deferred settlement basis starting 16 September 2025, with the ASX code SOLDA, before transitioning to a normal trading basis with the code SOL. This admission to the ASX is a significant step for SOL, potentially enhancing its market visibility and providing greater liquidity for its shares, which could have positive implications for stakeholders.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Soul Patts and Brickworks Finalize Share Schemes, Trading to Commence
Sep 15, 2025

Washington H. Soul Pattinson and Company Limited and Brickworks Limited have announced the legal effectiveness of their respective share schemes following approval by the Supreme Court of New South Wales. The schemes involve the exchange of shares for Topco Shares, with trading on a deferred settlement basis starting on 16 September 2025. This move is expected to streamline operations and potentially enhance shareholder value, marking a significant step in the strategic alignment of both companies.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Washington H. Soul Pattinson Merges with Brickworks to Form New Entity
Sep 12, 2025

Washington H. Soul Pattinson and Company Limited, in conjunction with Brickworks Limited, has announced the completion of a merger to form a newly capitalized entity, First Services Company Ltd, which will be renamed back to Washington H. Soul Pattinson and Company Limited. The merger, approved by the Supreme Court of New South Wales, involves a share exchange scheme and will result in both companies becoming subsidiaries of the new entity. Trading of the new company’s securities will commence on the ASX under a deferred settlement basis, with normal trading expected to begin on 24 September 2025. This strategic move is expected to enhance the company’s market presence and operational capabilities.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Soul Patts and Brickworks Merger Approved by Court
Sep 12, 2025

Washington H. Soul Pattinson and Company Limited has received approval from the Supreme Court of New South Wales for a scheme of arrangement with its shareholders, paving the way for a merger with Brickworks Limited to form a new ASX-listed entity, Topco. The scheme is set to become legally effective on September 15, 2025, with the last trading day for Soul Patts shares on the ASX being the same day. Following this, Topco shares will begin trading on a deferred settlement basis from September 16, 2025, and on a normal settlement basis from September 24, 2025. This merger is expected to enhance the company’s market positioning and provide stakeholders with new opportunities for growth.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Soul Patts and Brickworks Shareholders Approve Merger
Sep 10, 2025

Washington H. Soul Pattinson and Company Limited and Brickworks Limited have announced that their shareholders have approved the proposed combination of the two companies through respective share schemes. The resolutions were passed with significant majorities at both companies’ share scheme meetings. The combination remains subject to court approval and other conditions, with the expectation that the new entity, Topco, will commence trading on the ASX shortly after the court’s decision. This strategic move aims to consolidate operations and potentially enhance market positioning for both companies.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Soul Patts Announces Details for Upcoming General Meeting
Sep 9, 2025

Washington H. Soul Pattinson and Company Limited, a diversified investment house, announced details of its General Meeting, including the Chairman’s address and presentation. The meeting, scheduled for 10 September 2025, will be held at The Fullerton Hotel in Sydney, with provisions for shareholders to attend in person or via a livestream. The outcomes of the meeting, particularly the voting results, will be significant for stakeholders as they will be released to the ASX shortly after the meeting concludes.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Soul Patts Announces Details for Upcoming Share Scheme Meeting
Sep 9, 2025

Washington H. Soul Pattinson and Company Limited (Soul Patts) announced the details of its upcoming SOL Share Scheme Meeting. The meeting, set to take place at The Fullerton Hotel in Sydney, will allow registered shareholders to vote on the scheme, either in person or via proxy. The results of the meeting will be released to the ASX shortly after its conclusion, providing stakeholders with insights into the company’s strategic direction and potential impacts on its investment portfolio.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Washington H. Soul Pattinson to Acquire Brickworks, Prompting Index Changes
Sep 9, 2025

Washington H. Soul Pattinson & Company Limited is set to acquire Brickworks Limited, leading to Brickworks’ removal from the S&P/ASX 200 Index. This change will take effect before the trading opens on September 16, 2025, with Catalyst Metals Limited taking Brickworks’ place in the index. This acquisition and index adjustment may impact the market positioning of Washington H. Soul Pattinson & Company, potentially affecting stakeholders and market dynamics.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Soul Patts and Brickworks Announce Proposed Merger
Sep 1, 2025

Washington H. Soul Pattinson and Company Limited and Brickworks Limited have announced a proposed merger to create a newly capitalised ASX-listed company through interconditional schemes of arrangement. The merger is contingent upon shareholder approvals from both companies, with court hearings scheduled to finalize the schemes. This strategic move aims to enhance the companies’ market positioning and operational synergy, potentially benefiting stakeholders through increased capital growth and dividends.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Soul Patts Adjusts Convertible Notes Conversion Price Following Dividend Declaration
Aug 22, 2025

Washington H. Soul Pattinson and Company Limited has announced an adjustment to the conversion price of its A$450 million Senior Convertible Notes due in 2030, following the declaration of a fully franked final cash dividend of A$0.59. The conversion price has been revised from A$41.5891 to A$41.0105, effective from August 21, 2025. This adjustment reflects the company’s commitment to maintaining fair value for its noteholders and underscores its strategic financial management, potentially impacting investor sentiment and market positioning.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Vik Bansal Joins Washington H. Soul Pattinson as Director
Aug 15, 2025

Washington H. Soul Pattinson and Company Limited has announced the appointment of Vik Bansal as a director, effective from August 15, 2025. The initial director’s interest notice indicates that Vik Bansal currently holds no relevant interests in securities or contracts related to the company, suggesting a fresh start in his role without existing financial ties that could influence his decisions.

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.

Director’s Interest Change at Washington H. Soul Pattinson
Aug 13, 2025

Washington H. Soul Pattinson and Company Limited announced a change in the director’s interest, specifically for Todd James Barlow. On August 8, 2025, Barlow acquired 64,882 SOL Ordinary Shares through the vesting of unquoted Performance Rights, which were previously held as part of the Soul Patts Rights Plan. This change reflects an increase in Barlow’s indirect interest in the company, potentially aligning his interests more closely with those of the shareholders.

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.

Washington H. Soul Pattinson Issues New Equity Securities
Aug 13, 2025

Washington H. Soul Pattinson & Company Limited announced the issuance of 234,170 ordinary fully paid securities on August 8, 2025. This move reflects the company’s ongoing efforts to manage its equity structure and potentially enhance its market position, signaling a commitment to growth and shareholder value.

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.

Washington H. Soul Pattinson Announces Cessation of Securities
Aug 11, 2025

Washington H. Soul Pattinson & Company Limited announced the cessation of 31,424 performance rights due to unmet conditions, impacting its issued capital. This development may influence the company’s financial structuring and stakeholder interests, as it reflects on the company’s operational adjustments and strategic focus.

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.

Soul Patts Announces General Meeting for FY26 Incentive Approval
Aug 7, 2025

Washington H. Soul Pattinson and Company Limited has announced the dispatch of a notice for a General Meeting scheduled for September 10, 2025. This meeting will address the approval of the FY26 long-term incentive for the proposed Managing Director and CEO of Topco. Additionally, the company is holding a separate SOL Share Scheme Meeting concerning a proposed combination with Brickworks Limited. Shareholders are required to vote separately on each matter, and materials related to both meetings have been sent to them. The outcomes of these meetings could significantly impact the company’s strategic direction and stakeholder interests.

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.

Soul Patts Announces General Meeting for Shareholder Vote on CEO Incentive
Aug 5, 2025

Soul Patts has announced a general meeting for shareholders to vote on an ordinary resolution concerning the long-term incentive for the proposed Managing Director and CEO of Topco for FY26. This meeting will occur alongside the SOL Share Scheme Meeting on 10 September 2025, emphasizing the company’s commitment to strategic leadership and governance. The outcomes of these meetings could significantly influence the company’s future direction and stakeholder interests.

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.

Soul Patts Ceases Substantial Holding in Metallium Ltd
Aug 4, 2025

Washington H. Soul Pattinson and Company Limited (Soul Patts) announced that it has ceased to be a substantial holder in Metallium Ltd (MTM) as of July 31, 2025. This change is due to Soul Patts holding more than 20% voting power in Pengana Capital Group Limited, which impacts its substantial holding status in MTM. The announcement reflects a strategic adjustment in Soul Patts’ investment portfolio, potentially affecting its influence in the associated companies and indicating a shift in its market positioning.

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.

Brickworks and Soul Pattinson to Form New ASX-Listed Entity
Aug 1, 2025

Brickworks Limited, in collaboration with Washington H. Soul Pattinson and Company Limited, is set to form a new ASX-listed entity, First Services Company Ltd, through a combination of inter-conditional schemes of arrangement. The Supreme Court of New South Wales has approved the convening of a shareholder meeting to vote on the proposed scheme, with a Combination Booklet detailing the scheme and an Independent Expert’s Report indicating the scheme is fair and reasonable. Shareholders are encouraged to review the materials and vote, with the scheme’s implementation contingent on receiving requisite approvals.

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.

Court Approves Soul Patts Shareholder Meeting for Brickworks Merger
Aug 1, 2025

Washington H. Soul Pattinson and Company Limited announced that the Supreme Court of New South Wales has approved the convening of a shareholder meeting to vote on the proposed merger with Brickworks. This merger, if approved, will result in SOL Shareholders receiving one Topco Share for every SOL Share they hold. The company’s board unanimously recommends the merger, highlighting its potential benefits, and the meeting is scheduled for 10 September 2025. The release of the Combination Booklet, which includes the Independent Expert’s Report, is a crucial step in informing shareholders before the vote. This merger is expected to impact the company’s operations and industry positioning by potentially enhancing its market presence and investment portfolio.

The most recent analyst rating on (AU:SOL) stock is a Buy with a A$36.20 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.

Washington H. Soul Pattinson Declares Dividend of AUD 0.59
Jul 31, 2025

Washington H. Soul Pattinson & Company Limited announced a dividend distribution of AUD 0.59 per ordinary fully paid share, covering the six-month period ending July 31, 2025. This announcement reflects the company’s commitment to providing consistent returns to its shareholders and may enhance its attractiveness in the investment community.

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.

Soul Patts Reports Strong Financial Performance and Dividend Increase
Jul 31, 2025

Washington H. Soul Pattinson and Company Limited (Soul Patts) announced its unaudited financial performance for the year ending 31 July 2025, reporting an expected Net Asset Value of $12.18 billion to $12.68 billion and Net Cash Flow From Investments between $485 million and $535 million. The company declared a fully franked final dividend of 59 cents per share, marking its 27th consecutive year of dividend increases. Despite market volatility, Soul Patts achieved a total shareholder return of 17.5%, outperforming the All Ords Accumulation Index by 5.7%. This performance underscores the strength of its diversified portfolio and strategic focus on private credit and equity, which are expected to support future growth and investment opportunities.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 26, 2025