Ninety One UK 13F: Adds $257M to Monster Beverage (MNST) Stake

Ninety One UK increased its investment in Monster Beverage Corporation (NasdaqGS: MNST) during the period, adding millions of shares to its portfolio according to a Form 13F filing with the SEC on October 15, 2026. Institutional filings look backward at portfolio choices made during the prior quarter, meaning this disclosure might not reflect the fund's exact current share count today.

What Changed in Ninety One UK's Monster Beverage Position

Ninety One UK lifted its stake by an 89.1% margin, purchasing an additional 6,175,047 shares during the quarter. That expansion brought the firm's total ownership to 13,105,329 shares. The total reported value of the stake reached $545,443,803.

Other Institutional Activity in Monster Beverage

Other large institutional managers also shuffled their portfolios around Monster Beverage shares. Blackrock Inc. reduced its holdings by 5,934,252 shares, ending with 120,058,350 shares worth about $5,490,268,290. Vanguard Capital Management LLC grew its holdings by 562,975 shares, ending with 91,365,464 shares worth about $4,178,142,626. State Street Corporation trimmed its position by 3,694,360 shares, leaving it with 72,165,202 shares valued at approximately $3,300,114,654. Invesco Ltd. reduced its stake by 2,321,864 shares to finish with 65,370,958 shares worth about $2,989,413,879. JPMORGAN CHASE & CO added 2,679,095 shares, bringing its total to 59,439,586 shares valued at roughly $2,718,172,240.

Monster Beverage Corporation Stock Up 0.4%

Monster Beverage recently traded around $45.50 as of October 16, 2026. The stock sits about 1.7% above its 50-day moving average of $44.76 and roughly 6.7% above its 200-day moving average of $42.64. Shares trade down about 9.3% from their 52-week high of $50.17 and stand well above the 52-week low of $32.94.

Recent Earnings

Monster Beverage generated $9,218,957,312 in trailing-twelve-month revenue with earnings of $1.08 per share. The company posted a net profit margin of 23.1% alongside a return on equity of 25.7%. Annual revenue grew 20.2% compared to the prior year period. The company's next earnings report is scheduled for November 5, 2026.

Insider Buying and Selling at Monster Beverage Corporation

Company insiders completed several transactions prior to the filing. Chief Financial Officer Thomas J Kelly sold 7,000 shares on May 13, 2026, at an average price of $87.81 for a total value of $614,670. Officer Emelie Tirre sold 98,700 shares on May 14, 2026, valued at $8,482,052. Director Mark J Hall sold 54,000 shares on May 14, 2026, at $85.81 per share totaling $4,633,740. Officer Guy Carling sold 19,000 shares on June 10, 2026, at $90.90 per share for a total value of $1,727,100.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the autumn season. On August 7, 2026, UBS maintained its Neutral rating while raising its price target to $105.00 from $104.00. RBC Capital maintained an Outperform rating and raised its target to $100.00 from $97.00 on the same day. Piper Sandler kept an Overweight rating on August 7, 2026, lifting its target from $94.00 to $101.00. Evercore ISI Group maintained an Outperform rating on August 7, 2026, and moved its target up to $105.00 from $95.00. Wells Fargo maintained an Overweight rating on October 5, 2026, while adjusting its target down from $53.00 to $48.00. Monster Beverage carries a consensus Buy recommendation from 23 analysts with a mean price target of $49.85.

About Monster Beverage

Monster Beverage Corporation develops, markets, and distributes energy drinks and related beverages. Operating through segments such as Monster Energy Drinks, Strategic Brands, and Alcohol Brands, the company sells its products globally. Large institutional shifts like Ninety One UK's sizable share addition highlight ongoing portfolio adjustments among major asset managers holding the stock.

Bottom Line

Ninety One UK's larger stake reflects significant portfolio repositioning during the period. Investors will look toward the upcoming earnings release on November 5, 2026, for fresh updates on revenue growth and profit margins. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.