Coronation Fund Managers 13F: New $9M Stake in VMC

On October 27, 2026, Coronation Fund Managers took a new position in Vulcan Materials Company (VMC), acquiring 36,598 shares valued at approximately $8.95 million. This information comes from the fund's latest Form 13F filing with the SEC.

VMC Vulcan Materials Company

$262.50 ▼ -9.79% year to date

1M 3M YTD

Daily close · Oct 27, 2026

What Changed in Coronation Fund Managers' Vulcan Materials Position

Coronation Fund Managers opened a new position, buying 36,598 shares. This represents a stake worth about $8.95 million in Vulcan Materials, which is a notable entry for the fund.

Where Vulcan Materials Fits in Coronation Fund Managers' Portfolio

Vulcan Materials now makes up 0.51% of Coronation Fund Managers' reported portfolio, ranking 23rd among its holdings. The fund's total reported value is approximately $1.75 billion, and this new position suggests a strategic interest in the building materials sector.

Other Institutional Activity in Vulcan Materials

State Farm Mutual Automobile Insurance Co holds 9,521,730 shares in Vulcan Materials, valued at about $2.50 billion. Meanwhile, Principal Financial Group, Inc. reduced its stake by 1,175,761 shares, bringing its total to 5,466,956 shares worth around $1.44 billion. TCI Fund Management Ltd increased its holdings by 1,223,502 shares, resulting in a total of 2,447,004 shares valued at about $642.3 million.

Vulcan Materials Company Stock Up 0.4%

Vulcan Materials recently traded around $262.50, which is about equal to its closing price on October 27, 2026. The stock is currently above its 52-week low of $237.03, but it remains 20.7% below its 52-week high of $331.09. The stock is also trading below its 200-day moving average by 6.5%.

Recent Earnings

Vulcan Materials reported trailing twelve-month revenue of approximately $8.12 billion and an EPS of $8.48. The next earnings report is scheduled for October 29, 2026.

Insider Buying and Selling at Vulcan Materials Company

Recent insider activity includes Director Melissa Hanft Anderson selling 1,137 shares for about $345,330 on February 20, 2026. Officer David P Clement sold 2,000 shares for approximately $570,200 on August 7, 2026, while Director James Thomas Hill sold 14,000 shares valued at about $3.87 million on August 21, 2026.

Analysts Set New Price Targets

On October 5, 2026, Wells Fargo maintained an Underweight rating for Vulcan Materials with a target price of $249.00. UBS also maintained a Buy rating with a target of $326.00 on October 8, 2026. The consensus recommendation among analysts is a Buy, with a mean price target of $307.26.

About Vulcan Materials

Vulcan Materials Company produces and supplies construction aggregates in the United States. It operates through three segments: Aggregates, Asphalt, and Concrete. This new position by Coronation Fund Managers indicates confidence in the company's growth potential in the building materials sector.

Bottom Line

Investors should keep an eye on Vulcan Materials' upcoming earnings report on October 29, 2026, and any further filings from Coronation Fund Managers regarding its position in this stock.