Perpetual Limited

Equities

PPT

AU000000PPT9

Investment Management & Fund Operators

Market Closed - Australian S.E. 11:40:05 08/05/2024 am IST 5-day change 1st Jan Change
22.32 AUD -7.08% Intraday chart for Perpetual Limited -4.37% -12.40%

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KKR to buy Perpetual's corporate, wealth units for $1.4 billion; CEO Adams to retire RE
Australia shares tick higher as investors assess c.bank policy stance RE
Perpetual to Sell Wealth Management, Corporate Trust Businesses to KKR for AU$2.2 Billion MT
KKR affiliate to acquire 2 units of Australia's Perpetual for $1.4 bln RE
KKR & Co. Inc. agreed to acquire Wealth Management and Corporate Trust businesses of Perpetual Limited for AUD 2.1 billion CI
Perpetual to be broken up with name being sold to KKR in nearly $1 billion deal, AFR reports RE
Perpetual Corporate Trust and Wealth Reportedly to Lure $2 Billion from KKR CI
Perpetual Warns Against Speculation Regarding Potential KKR Transaction MT
Perpetual Confirms Talks with KKR CI
Perpetual in Exclusive Talks with KKR for Potential Transaction MT
Perpetual in talks with KKR for corporate trust and wealth management unit sale RE
Perpetual's Assets Under Management Rise 6% in March Quarter; Shares Down 3% MT
KKR, Perpetual Reportedly Discuss Buyout CI
PRM Services LLC canceled the acquisition of remaining 88.54% stake in Sierra Rutile Holdings Limited from Samuel Terry Absolute Return Fund managed by Samuel Terry Asset Management Pty Ltd, Perpetual Limited, Ecsson Investments Limited, Rockbridge Overseas Limited, Mano Mining And Logistics Limited, Assaad Yazbeck and Joseph Yazbeck. CI
PRM Services LLC made an offer to acquire remaining 88.54% stake in Sierra Rutile Holdings Limited from Samuel Terry Absolute Return Fund managed by Samuel Terry Asset Management Pty Ltd, Perpetual Limited, Ecsson Investments Limited, Rockbridge Overseas Limited, Mano Mining And Logistics Limited, Assaad Yazbeck and Joseph Yazbeck for AUD 35.7 million. CI
More Private Equity Firms Reportedly Keen on Perpetual's Trust Unit Sale CI
Jarden Research Adjusts Perpetual Limited’s Price Target to AU$26.90 From AU$27.50, Keeps at Overweight MT
Perpetual Posts 69% Surge in H1 FY24 Operating Revenue; EPS Contracts; Shares Dip 3% MT
Transcript : Perpetual Limited, H1 2024 Earnings Call, Feb 28, 2024
Perpetual Posts 69% Surge in H1 FY24 Operating Revenue; EPS Contracts MT
Perpetual Limited Reports Earnings Results for the Half Year Ended December 31, 2023 CI
PYFA Australia Pty Ltd entered into a binding scheme implementation deed to acquire remaining 89.67% stake in Probiotec Limited for approximately AUD 240 million CI
WHSP raises stake in Australian fund manager Perpetual RE
Australia's Perpetual jumps 10% on bidding war prospect RE
Perpetual's top investor bids $2 billion to take over the Australian fund manager RE
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Perpetual Limited is a financial services company operating in the asset management business, wealth management and trustee services businesses. The Company operates through four segments: Asset Management, Wealth Management, Corporate Trust, and Group Support Services. Asset Management segment is engaged in the global multi-boutique asset management business offering a range of specialist and differentiated investment capabilities through seven boutique brands in key regions globally. Wealth Management business offers a mix of wealth management, advice and trustee services to individuals, families, businesses, not-for-profit organizations, and Indigenous communities throughout Australia. Corporate Trust business is a provider of fiduciary and digital solutions to the banking and financial services industry in Australia and Singapore. The business units are supported by Group Support Services comprising group investments, finance, corporate affairs, marketing, and more.
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More about the company
Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
24.02 AUD
Average target price
26.86 AUD
Spread / Average Target
+11.81%
Consensus

Quarterly revenue - Rate of surprise

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  5. Perpetual Mulls Separation of Corporate Trust, Wealth Management Businesses; Shares Up 5%
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