Coronation Fund Managers 13F: Adds $16M to HDFC Bank (HDB) Stake

On October 27, 2026, Coronation Fund Managers boosted its position in HDFC Bank Limited (HDB) by 723,071 shares, valued at about $32.1 million. This increase brings its total holdings to 1,435,182 shares, according to the fund's latest Form 13F filing with the SEC.

HDB HDFC Bank Limited

$21.71 ▼ -40.49% year to date

1M 3M YTD

Daily close · Oct 26, 2026

What Changed in Coronation Fund Managers' HDFC Bank Position

Coronation Fund Managers increased its stake in HDFC Bank by 723,071 shares, a 101.5% rise from its previous total of 712,111 shares. The reported value of this position is approximately $32.1 million, which represents 1.83% of the fund's total reported value of about $1.75 billion.

Where HDFC Bank Fits in Coronation Fund Managers' Portfolio

This position ranks 15th among Coronation Fund Managers' holdings, indicating a significant commitment to HDFC Bank within its investment strategy.

Other Institutional Activity in HDFC Bank

Several other institutional investors have also adjusted their positions in HDFC Bank. Royal Bank of Canada increased its holdings by 784,744 shares, bringing its total to 43,203,355 shares valued at about $922.8 million. Meanwhile, Robeco Institutional Asset Management B.V. added 1,918,856 shares, raising its total to 16,611,473 shares worth approximately $354.8 million.

HDFC Bank Limited Stock Down 1.6%

HDFC Bank's stock recently traded at about $21.36, which is about equal to its closing price on October 27, 2026. However, the stock is significantly below its 52-week high of $37.35, indicating potential challenges in the current market environment.

Recent Earnings

HDFC Bank reported trailing twelve-month revenue of approximately $3.02 trillion, with an earnings per share (EPS) of $1.55. The bank's revenue growth over the past year stands at 80.8%, and it has a net margin of 26.5%. The next earnings report is expected on January 16, 2027.

Dividend

HDFC Bank pays an annual dividend of $0.41 per share, resulting in a yield of about 1.91%. The dividend payout ratio is approximately 23.4%, reflecting a commitment to returning value to shareholders.

Analysts Set New Price Targets

Currently, HDFC Bank has a consensus rating of "buy" from analysts, with a mean price target of $30.3. Analysts have varying views, with targets ranging from a low of $26.2 to a high of $33.0.

About HDFC Bank

HDFC Bank Limited provides a wide range of banking and financial services to individuals and businesses in India and several other countries. The bank operates through various segments, including retail and wholesale banking, and has a strong market presence in the financial services sector.

Bottom Line

Investors should monitor HDFC Bank as it prepares for its next earnings report on January 16, 2027. With Coronation Fund Managers significantly boosting its stake, the bank's performance will be closely watched in the coming months.