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Macquarie Group Limited ( (AU:MQG) ) just unveiled an announcement.
Macquarie Group Limited has lodged a notice under Australia’s Corporations Act confirming it has ceased to be a substantial holder in Sandfire Resources Limited. The filing, signed by company secretary Simone Kovacic on 27 March 2026, indicates that Macquarie and a wide array of its controlled entities have reduced their relevant interest in Sandfire’s voting securities below the substantial holding threshold.
The document lists numerous Macquarie-controlled entities across Australia, Europe, Asia and the Americas, underscoring the group’s extensive corporate structure and global investment footprint. While specific transaction details are contained in annexures, the change signals a strategic adjustment in Macquarie’s exposure to Sandfire, with potential implications for the miner’s share register and the balance of institutional ownership.
The most recent analyst rating on (AU:MQG) stock is a Hold with a A$223.00 price target. To see the full list of analyst forecasts on Macquarie Group Limited stock, see the AU:MQG Stock Forecast page.
More about Macquarie Group Limited
Macquarie Group Limited is a global financial services provider headquartered in Sydney, operating across banking, asset management and advisory. Through a wide network of controlled entities, it is active in infrastructure, renewable energy, real assets and specialist financing, servicing institutional, corporate and government clients in multiple jurisdictions.
Average Trading Volume: 747,741
Technical Sentiment Signal: Buy
Current Market Cap: A$75.24B
Learn more about MQG stock on TipRanks’ Stock Analysis page.