Macquarie Group Ceases to Be Substantial Holder in Sandfire Resources
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Macquarie Group Limited ( (AU:MQG) ) has provided an update.
Macquarie Group Limited and its controlled entities have notified Sandfire Resources Limited that they have ceased to be a substantial holder in the mining company, lodging a formal notice of cessation of substantial holding dated 28 January 2026 under Australian corporations law. The filing, executed by Assistant Company Secretary Olivia Shepherd, outlines changes in Macquarie’s relevant interests and associations in Sandfire’s voting securities, and lists a broad network of Macquarie-controlled entities across multiple jurisdictions, underscoring the scale and complexity of its corporate structure even as its direct substantial shareholding influence in Sandfire is reduced.
The most recent analyst rating on (AU:MQG) stock is a Buy with a A$235.00 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 diversified financial services group headquartered in Sydney, operating through businesses including Macquarie Bank and a range of investment management and financial services subsidiaries. Its activities span banking, asset management, advisory and investment across multiple jurisdictions, with a significant presence in infrastructure, energy and commodities, and specialized asset financing and investment vehicles worldwide.
Average Trading Volume: 716,027
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$76.91B
See more insights into MQG stock on TipRanks’ Stock Analysis page.
