Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Smartgroup Corporation Ltd ( (AU:SIQ) ) has provided an update.
SmartGroup Corporation Ltd has announced that Vanguard Group, a major investment management company, has become a substantial holder in the company as of June 20, 2025. Vanguard Group now holds a 5.398% voting power in SmartGroup, with 7,325,241 ordinary shares. This development indicates a significant investment by Vanguard, potentially impacting SmartGroup’s market position and signaling confidence in its future prospects.
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
Average Trading Volume: 457,032
Technical Sentiment Signal: Hold
Current Market Cap: A$979.7M
For an in-depth examination of SIQ stock, go to TipRanks’ Overview page.