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Smartgroup Corporation Ltd ( (AU:SIQ) ) has shared an update.
Mitsubishi UFJ Financial Group, Inc. has ceased to be a substantial holder in Smartgroup Corporation Ltd as of July 14, 2025. This change in holding is due to the purchase of securities by entities controlled by First Sentier Group Limited and Morgan Stanley, affecting a number of fully paid ordinary shares. The announcement indicates a shift in the ownership structure of Smartgroup Corporation, which may impact its market positioning and stakeholder dynamics.
The most recent analyst rating on (AU:SIQ) stock is a Hold with a A$9.50 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
YTD Price Performance: 5.42%
Average Trading Volume: 442,260
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.07B
Learn more about SIQ stock on TipRanks’ Stock Analysis page.