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The latest update is out from Smartgroup Corporation Ltd ( (AU:SIQ) ).
Mitsubishi UFJ Financial Group, Inc. has lodged a notice indicating it has ceased to be a substantial holder in Smartgroup Corporation Ltd, following changes in relevant interests and associations involving entities it controls. The filing details a series of small purchases of Smartgroup fully paid ordinary shares by an entity controlled by Morgan Stanley on 14 January 2026, which collectively altered Mitsubishi UFJ Financial Group’s voting power and triggered the requirement to disclose its changed status; the move signals a shift in Smartgroup’s share register that may slightly reconfigure the balance of institutional ownership but does not, on its face, indicate any operational changes for the company.
The most recent analyst rating on (AU:SIQ) stock is a Buy with a A$10.50 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 is an Australian-listed company, identified by ACN 126 266 831. It issues fully paid ordinary shares and is subject to Australian corporate disclosure rules governing substantial shareholdings and changes in voting interests.
Average Trading Volume: 343,100
Technical Sentiment Signal: Buy
Current Market Cap: A$1.22B
Learn more about SIQ stock on TipRanks’ Stock Analysis page.