Coronation Fund Managers 13F: Cuts MSFT Stake by $3.9M

On October 27, 2026, Coronation Fund Managers trimmed its stake in Microsoft Corporation (MSFT) by 7,693 shares, reducing its total to 153,901 shares valued at about $78.9 million. This change was disclosed in the fund's latest Form 13F filing with the SEC.

MSFT Microsoft Corporation

$531.33 ▲ +13.06% year to date

1M 3M YTD

Daily close · Oct 27, 2026

What Changed in Coronation Fund Managers' Microsoft Position

Coronation Fund Managers' reduction represents a 4.76% decrease in its Microsoft holdings. The fund’s reported value for this position is now approximately $78.9 million, which makes up 4.5% of its total reported 13F value of about $1.75 billion. This position ranks sixth among the fund's holdings.

Where Microsoft Fits in Coronation Fund Managers' Portfolio

Microsoft now comprises 4.5% of Coronation Fund Managers' portfolio, ranking it sixth among the fund’s investments.

Other Institutional Activity in Microsoft

Several other institutional investors adjusted their positions in Microsoft on the same day. DT Investment Partners cut its holdings by 6,274 shares, bringing its total to 47,213 shares worth about $24.2 million. The State of Michigan Retirement System reduced its stake by 102,340 shares, now holding 1,923,862 shares valued at about $986.7 million. GLOBALT Investments LLC also trimmed its position by 2,116 shares, ending with 66,576 shares worth roughly $34.1 million.

Microsoft Corporation Stock Up 1.4%

Microsoft shares are currently trading at $531.60, which is about equal to the closing price of $531.33 on October 27, 2026. The stock is above its 50-day moving average by 4.4% and above its 200-day average by 21.7%. However, it is about 4% below its 52-week high of $553.72.

Recent Earnings

Microsoft reported trailing twelve-month revenue of approximately $331.8 billion and earnings per share (EPS) of $17.95. The company is set to announce its next earnings report on October 28, 2026.

Dividend

Microsoft pays an annual dividend of $3.92 per share, yielding about 0.74%.

Insider Buying and Selling at Microsoft Corporation

Several insiders have sold shares recently. Judson Althoff, an officer, sold 10,000 shares on August 5, 2026, valued at about $4.9 million. CEO Satya Nadella sold 86,525 shares on September 1, 2026, while CFO Amy E. Hood sold 41,674 shares on September 14, 2026, and another 7,305 shares on October 13, 2026, totaling about $3.98 million.

Analysts Set New Price Targets

On October 20, 2026, BMO Capital maintained an 'Outperform' rating with a price target of $600. Guggenheim reiterated a 'Buy' rating with a target of $586 on October 21, 2026. Oppenheimer maintained an 'Outperform' rating with a target of $625 on October 26, 2026, and Truist Securities reiterated a 'Buy' rating with a target of $600 on the same day. Scotiabank also maintained a 'Sector Outperform' rating with a target of $625.

About Microsoft Corporation

Microsoft Corporation is a leading technology company that develops software and hardware solutions for individuals and businesses. Its offerings include operating systems, server applications, business solutions, and devices like PCs and gaming consoles. The recent adjustments in institutional holdings reflect ongoing interest in this major player in the tech industry.

Bottom Line

Investors will be watching Microsoft's upcoming earnings report on October 28, 2026, for insights into its performance. The adjustments by Coronation Fund Managers and other institutional investors highlight the ongoing shifts in the tech sector. As the market evolves, further filings and insider transactions will be important to monitor.