Coronation Fund Managers 13F: Exits CP Stake

On October 27, 2026, Coronation Fund Managers sold 45,078 shares of Canadian Pacific Kansas City Limited (CP), exiting its position completely. This move was disclosed in the fund's latest Form 13F filing with the SEC. The reported value of this position was approximately $1.75 billion before the sale.

CP Canadian Pacific Kansas City Limited

$89.82 ▲ +21.43% year to date

1M 3M YTD

Daily close · Oct 26, 2026

Where Canadian Pacific Fits in Coronation Fund Managers' Portfolio

This sale left Coronation Fund Managers with no shares of Canadian Pacific, which was previously ranked 49th among its reported holdings. The fund opted to exit this position entirely, marking a 100% decrease in its stake.

Other Institutional Activity in Canadian Pacific

Several other funds also adjusted their positions in Canadian Pacific recently. Marathon Asset Management reduced its holdings by 107,455 shares, ending with 352,295 shares valued at about $30.1 million. PensionDanmark Pensionsforsikringsaktieselskab cut its stake by 35,982 shares, bringing its total to 132,487 shares worth approximately $11.3 million. Sustainable Growth Advisers also trimmed its position by 1,239,476 shares, now holding 2,007,716 shares worth around $170.9 million.

Canadian Pacific Kansas City Limited Stock Up 1.8%

Canadian Pacific closed at $91.13 on October 27, 2026, which is about equal to its recent trading price. The stock is currently above its 50-day moving average by 2.3% and above its 200-day moving average by 6.4%. However, it is 6.0% below its 52-week high of $96.90.

Recent Earnings

For the trailing twelve months, Canadian Pacific reported revenue of approximately $15.4 billion and earnings per share of $3.11. The next earnings report is scheduled for October 28, 2026.

Dividend

Canadian Pacific pays an annual dividend of $0.76 per share, yielding about 0.85%. The dividend payout ratio stands at 22.1%.

Analysts Set New Price Targets

On October 2, 2026, Susquehanna maintained a Positive rating on Canadian Pacific with a price target of $98.00. Citigroup also maintained a Buy rating with a target of $102.00 on October 7, 2026. The consensus recommendation for the stock is a Buy, with a mean price target of $99.33 from 13 analyst opinions.

About Canadian Pacific Kansas City Limited

Canadian Pacific Kansas City Limited operates a transcontinental freight railway across Canada, the United States, and Mexico. The company plays a crucial role in the transportation of goods across North America, making its performance important to the logistics and industrial sectors.

Bottom Line

Investors should keep an eye on the upcoming earnings report on October 28, 2026, to gauge how Canadian Pacific continues to perform. With Coronation Fund Managers completely exiting its position, the market will watch for any further institutional shifts in this stock.