Platinum Asset Management Ltd (ASX: PTM) Share Price and News

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Platinum Asset Management Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $617.10 million
P/E Ratio 14.51
Dividend Yield 8.85%
Shares Outstanding 582.17 million
Earnings per share 0.078
Dividend per share 0.08
Year To Date Return -22.56%
Earnings Yield 6.89%
Franking 100%
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as at 24 Feb 3:44pm

  • Platinum Asset Management Ltd (ASX: PTM)
    Latest News

    Kid putting a coin in a piggy bank.
    Small Cap Shares

    7 ASX small-cap shares that are cheaper than the ASX 200 in March 2024

    Could it be time to back the underdogs of the ASX amid a potentially richly-valued benchmark?

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    Rocket takes off from the hand of a businessman.
    Cheap Shares

    11% yield? 2 strikingly cheap ASX shares 'primed for recovery'

    Discounted stocks are sometimes a value trap, but experts reckon this pair is ready to soar again.

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    a man weraing a suit sits nervously at his laptop computer biting into his clenched hand with nerves, and perhaps fear.
    Share Fallers

    Why Camplify, Platinum, Rio Tinto, and Woodside shares are dropping today

    These ASX shares are under pressure on Thursday. But why?

    Read more »

    Smiling couple looking at a phone at a bargain opportunity.
    Share Gainers

    Why DroneShield, Magellan, Platinum, and Zip shares are rising today

    These ASX shares are avoiding the market weakness today.

    Read more »

    A man and woman sit next to each other looking at each other and feeling excited and surprised after reading good news about their shares on a laptop.
    Earnings Results

    Why this ASX 300 share is leaping 14% despite being branded a 'sell'

    Falling profits are putting investors off the fund manager.

    Read more »

    Frustrated stock trader screaming while looking at mobile phone, symbolising a falling share price.
    Share Fallers

    Why Alliance Aviation, Platinum, REA, and Santos shares are dropping today

    These ASX shares are having a tough session on Thursday. But why?

    Read more »

    a business man in a suit holds his hand over his eyes as he bows his head in a defeated post suggesting regret and remorse.
    Share Fallers

    Why AMA, Audinate, Data#3, and Platinum shares are dropping today

    These ASX shares are ending the week in the red.

    Read more »

    A woman looks distressed as she stares dramatically at her phone
    Share Fallers

    Why Baby Bunting, Boral, Platinum, and Xero shares are dropping today

    These ASX shares are having a difficult time on Thursday.

    Read more »

    A young woman holds an open book over her head with a round mouthed expression as if to say oops as she looks at her computer screen in a home office setting with a plant on the desk and shelves of books in the background.
    Share Fallers

    Why Future Generation, Pilbara Minerals, Platinum, and Whitehaven Coal shares are dropping

    These ASX shares are having a tough time on hump day.

    Read more »

    a woman holds her hands to her temples as she sits in front of a computer screen with a concerned look on her face.
    Share Fallers

    Why Platinum, Qantas, Red 5, and Zip shares are dropping today

    These ASX shares have come under pressure during Thursday's session...

    Read more »

    A recreational fisherman holds a fishing rod with his hands apart indicating it was this big with a smile on his face.
    Small Cap Shares

    Top ASX small-cap shares to buy in 2023

    Sometimes you have to go deep to catch the next big fish.

    Read more »

    A woman wearing glasses and a black top smiles broadly as she stares at a money yarn full of coins representing the rising JB Hi-Fi share price and rising dividends over the past five years
    Ask a Fund Manager

    Two 'attractive' ASX shares set to outperform in 2023: fund manager

    Smaller ASX shares are an asset class with a well-documented history of strong outperformance during market recoveries.

    Read more »

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    05 Sep 2024 $0.0400 100.00% Final 20 Sep 2024
    07 Mar 2024 $0.0600 100.00% Interim 22 Mar 2024
    31 Aug 2023 $0.0700 100.00% Final 15 Sep 2023
    02 Mar 2023 $0.0700 100.00% Interim 17 Mar 2023
    01 Sep 2022 $0.0700 100.00% Final 15 Sep 2022
    02 Mar 2022 $0.1000 100.00% Interim 18 Mar 2022
    02 Sep 2021 $0.1200 100.00% Final 16 Sep 2021
    02 Mar 2021 $0.1200 100.00% Interim 18 Mar 2021
    03 Sep 2020 $0.1100 100.00% Final 22 Sep 2020
    02 Mar 2020 $0.1300 100.00% Interim 18 Mar 2020
    27 Aug 2019 $0.1400 100.00% Final 20 Sep 2019
    28 Feb 2019 $0.1300 100.00% Interim 18 Mar 2019
    30 Aug 2018 $0.1600 100.00% Final 21 Sep 2018
    01 Mar 2018 $0.1600 100.00% Interim 19 Mar 2018
    30 Aug 2017 $0.0000 100.00% Final 22 Sep 2017
    01 Mar 2017 $0.1500 100.00% Interim 22 Mar 2017
    31 Aug 2016 $0.1600 100.00% Final 22 Sep 2016
    01 Mar 2016 $0.1600 100.00% Interim 22 Mar 2016
    27 Aug 2015 $0.2000 100.00% Final 22 Sep 2015

    PTM ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Platinum Asset Management Ltd

    Platinum Asset Management is an Australian-based niche fund manager with a specialty in international equities founded in 1994. It offers region and industry-specific funds in addition to global portfolios. There is flexibility in the investment strategies at Platinum, with funds having the option to engage in short-selling, taking positions in foreign exchange markets, and derivative-based activities to manage risk and aid performance.

    PTM Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    20 Nov 2024 $1.08 $-0.01 -0.91% 805,869 $1.09 $1.10 $1.07
    19 Nov 2024 $1.10 $-0.01 -0.91% 914,105 $1.10 $1.12 $1.09
    18 Nov 2024 $1.10 $-0.03 -2.64% 834,967 $1.13 $1.13 $1.10
    15 Nov 2024 $1.14 $-0.01 -0.87% 446,660 $1.14 $1.15 $1.14
    14 Nov 2024 $1.15 $0.01 0.88% 1,598,538 $1.13 $1.15 $1.12
    13 Nov 2024 $1.14 $-0.02 -1.72% 2,587,024 $1.16 $1.16 $1.12
    12 Nov 2024 $1.16 $-0.01 -0.85% 1,472,025 $1.20 $1.21 $1.16
    11 Nov 2024 $1.17 $-0.07 -5.65% 1,450,537 $1.25 $1.25 $1.17
    08 Nov 2024 $1.24 $0.01 0.82% 1,448,085 $1.27 $1.27 $1.23
    07 Nov 2024 $1.23 $-0.01 -0.81% 1,384,409 $1.25 $1.26 $1.22
    06 Nov 2024 $1.24 $0.00 0.00% 304,784 $1.25 $1.25 $1.23
    05 Nov 2024 $1.24 $0.00 0.00% 380,305 $1.25 $1.25 $1.23
    04 Nov 2024 $1.24 $0.00 0.00% 1,217,737 $1.23 $1.26 $1.23
    01 Nov 2024 $1.24 $0.01 0.82% 926,844 $1.21 $1.24 $1.21
    31 Oct 2024 $1.23 $0.01 0.82% 1,998,986 $1.21 $1.23 $1.21
    30 Oct 2024 $1.22 $0.01 0.83% 2,053,532 $1.20 $1.22 $1.20
    29 Oct 2024 $1.21 $-0.02 -1.63% 1,622,469 $1.24 $1.24 $1.20
    28 Oct 2024 $1.23 $0.04 3.36% 1,334,563 $1.20 $1.24 $1.20
    25 Oct 2024 $1.19 $0.04 3.48% 916,478 $1.16 $1.22 $1.16
    24 Oct 2024 $1.15 $-0.03 -2.54% 928,613 $1.18 $1.18 $1.15
    23 Oct 2024 $1.18 $-0.01 -0.84% 806,530 $1.20 $1.20 $1.18
    22 Oct 2024 $1.19 $-0.01 -0.83% 1,357,577 $1.19 $1.20 $1.18

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    17 Sep 2024 Jeffrey (Jeff) Petters Issued 249,213 $277,872
    Issue of securities. 249,213 deferred right

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Ms Anne Joan Loveridge Non-Executive Director Sep 2016
    Ms Loveridge has over 35 years of experience in business. She has experience in people leadership and remuneration as well as audit, risk, regulatory compliance and finance skills. Ms Loveridge had a 30-year career at PwC Australia, where she retired as Senior Audit Partner and Deputy Chair in 2015. Ms Loveridge brings to the Board extensive financial services and company director experience gained through her numerous senior leadership and director roles. She is Chair of the Risk & Compliance Committee.
    Mr Guy Strapp Non-Executive DirectorNon-Executive Chairman Aug 2020
    Mr Strapp has over 35 years of experience in the investment and financial services sectors, having worked in a variety of roles in Australia and abroad at Bank of America, JP Morgan Investment Management, Citigroup Asset Management and BT Financial Group. Mr Strapp's most recent executive role was as CIO and CEO of Eastspring Investments (formerly Prudential Asset Management) in Hong Kong. Mr Strapp has local and international experience in asset management, gained on both the investment and distribution side of the business. Mr Strapp is a member of the Risk & Compliance Committee and Investment Committee.
    Mr James (Jim) Simpson Non-Executive Director Nov 2024
    --
    Mr Philip Moffitt Non-Executive Director Dec 2021
    Mr Moffitt has over 35 years of experience in investment management. Mr Moffitt was previously a partner at Goldman Sachs (London and Sydney) and Chair of Goldman Sachs Australia Managed Fund Board. Prior to this he held several senior roles within Tokai Asia in Hong Kong and Bankers Trust in Australia. He is a member of the Risk & Compliance Committee and became Chair of the Investment Committee.
    Ms Rachel Mary Grimes (AM) Non-Executive Director Sep 2024
    Ms Grimes senior executive experience in the financial services and wealth management sectors. Her more recent executive roles include Chief Financial Officer at Challenger Limited and General Manager Finance at Westpac. Rachel is also a non-executive director of Australian Payments Plus Limited and its subsidiaries, Angusknight Pty Limited, Digital Finance CRC Limited and Loreto Ministries Limited. She is Chair of Risk and Compliance Committee.
    Mr Jeffrey (Jeff) Franklin Petters Chief Executive OfficerManaging Director Jan 2024
    Mr Peters with over 30 years of industry experience, brings an asset management background, together with strategic and management consulting skills. He previously led the institutional and international businesses of two large global asset management firms, Columbia Threadneedle Investments and Putnam Investments, respectively, following his time working in the asset management practice at McKinsey.
    Ms Joanne Jefferies Company Secretary Oct 2016
    -
    Joanne Jefferies Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    K Neilson 126,037,420 21.65%
    HSBC Custody Nominees (Australia) Limited 58,149,569 9.99%
    J P Morgan Nominees Australia Pty Limited 46,376,573 7.97%
    Citicorp Nominees Pty Limited 39,791,607 6.84%
    Platinum Investment Management Limited (nominee) 29,364,201 5.04%
    Pacific Custodians Pty Limited (Platinum EMP Share TST A/C) 20,986,546 3.60%
    ABN Amro Clearing Sydney Nominees Pty Limited 10,002,422 1.72%
    Tsou Enterprise Pty Limited 7,155,600 1.23%
    Jilliby Pty Ltd 6,500,000 1.12%
    J Clifford 5,000,000 0.86%
    National Nominees Limited 4,905,077 0.84%
    BNP Paribas Nominees Pty Ltd (Agency Lending A/C) 3,910,975 0.67%
    Starbrook Enterprises Pty Limited 3,600,000 0.62%
    BNP Paribas Nominees Pty Limited (IB AU NOMS Retail Client DRP) 3,472,777 0.60%
    3rd Wave Investors Pty Limited 3,000,000 0.52%
    Neweconomy Com Au Nominees Pty Limited 2,478,983 0.43%
    BNP Paribas Noms Pty Limited 2,465,285 0.42%
    HSBC Custody Nominees (Australia) Limited A/C 2 2,365,597 0.41%
    Garrett Smythe Limited 2,152,500 0.37%
    IOOF Investment Services Limited (IOOF IDPS) 1,981,504 0.32%

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