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Smartgroup Corporation Ltd ( (AU:SIQ) ) has shared an announcement.
Mitsubishi UFJ Financial Group, Inc. has notified Smartgroup Corporation Ltd that it has ceased to be a substantial holder in the company, lodging an official notice of ceasing to be a substantial holder dated 29 December 2025. The filing details a series of transactions in Smartgroup fully paid ordinary shares during August 2025, executed through entities controlled by First Sentier Group Limited and Morgan Stanley, which have reduced Mitsubishi UFJ’s relevant interest below the substantial holding threshold, signalling a shift in the company’s institutional shareholder base and potentially altering the balance of influence among major investors.
The most recent analyst rating on (AU:SIQ) stock is a Buy with a A$10.00 price target. To see the full list of analyst forecasts on Smartgroup Corporation Ltd stock, see the AU:SIQ Stock Forecast page.
More about Smartgroup Corporation Ltd
Smartgroup Corporation Ltd (ACN 126 266 831) is an Australian-listed company; based on its ASX profile it operates in outsourced employee management services, including salary packaging, novated leasing and related administrative solutions for employers and their staff across government, corporate and not-for-profit sectors.
YTD Price Performance: 23.58%
Average Trading Volume: 406,530
Technical Sentiment Signal: Buy
Current Market Cap: A$1.23B
For an in-depth examination of SIQ stock, go to TipRanks’ Overview page.