Ninety One UK 13F: Cuts Microsoft (MSFT) Stake by $160M

Ninety One UK pared its stake in Microsoft Corporation (NasdaqGS: MSFT) during the recent quarter, according to a Form 13F filing submitted to the Securities and Exchange Commission on October 15, 2026. Institutional 13F filings look backward at holdings from the close of the reported period and may not reflect the investor's current position today.

What Changed in Ninety One UK's Microsoft Position

Ninety One UK sold 311,166 shares of Microsoft Corporation, lowering its total holdings by 5.58%. The firm wrapped up the quarter with 5,257,127 shares of the software giant. The reported value of the remaining stake stood at $2,696,380,448 based on the filing data.

Other Institutional Activity in Microsoft

Other major institutional investors adjusted their positions in Microsoft around the same time. Blackrock Inc. grew its holdings by 14,061,346 shares, ending with 607,367,113 shares worth about $321,327,563,718. Vanguard Capital Management LLC added 2,653,959 shares to hold 485,192,007 shares valued at roughly $256,690,825,380. State Street Corporation lifted its stake by 8,955,571 shares to own 315,653,206 shares worth approximately $166,996,324,781. Geode Capital Management, LLC raised its investment by 1,131,007 shares, finishing with 189,632,090 shares valued at about $100,324,854,899. Meanwhile, FMR, LLC reduced its holdings by 4,260,951 shares, ending with 185,960,066 shares worth roughly $98,382,170,647.

Microsoft Corporation Stock Down 1.4%

Microsoft shares recently traded around $526.01, sitting 4.2% above their 50-day moving average and 20.9% above their 200-day moving average. The stock trades about 5.0% below its 52-week high of $553.72 and well above its 52-week low of $349.20.

Recent Earnings

For its trailing twelve months, Microsoft generated $331,839,012,864 in revenue alongside an EPS of $17.95. The company posted a net margin of 40.3% and a return on equity of 34.0%. Revenue grew 17.7% year-over-year. The company's next earnings report is scheduled for October 28, 2026.

Dividend

Microsoft pays an annual dividend yielding 0.73% with a payout ratio of 19.8%.

Insider Buying and Selling at Microsoft Corporation

Company insiders executed several transactions prior to the filing. Chief Executive Officer Satya Nadella sold 86,525 shares on September 1, 2026, for a total value of $43,388,532. Chief Financial Officer Amy E. Hood sold 41,674 shares on September 14, 2026, valued at $20,764,845. Additionally, Hood sold 7,305 shares under a planned Rule 10b5-1 transaction on October 13, 2026, worth $3,984,303.33.

Analysts Set New Price Targets

Analyst firms updated their outlooks on October 15, 2026. UBS maintained a Buy rating while raising its price target to $675.00 from $525.00. Citigroup maintained a Buy rating and lifted its target to $636.00 from $600.00. Mizuho maintained an Outperform rating and boosted its target to $600.00 from $510.00. Jefferies maintained a Buy rating, raising its target to $650.00 from $575.00. TD Cowen maintained a Buy rating with a target increase to $625.00 from $540.00. The stock carries a consensus strong buy rating from 53 analysts with a mean price target of $596.22.

About Microsoft

Microsoft Corporation develops and supports a broad portfolio of software, hardware, and technology solutions for individuals and businesses worldwide. Its offerings range from operating systems and server applications to productivity tools, cloud services, and video game consoles. Institutional adjustments like Ninety One UK's recent trim occur as asset managers continuously rebalance their large technology allocations.

Bottom Line

Ninety One UK's reduction offers a look at how one institutional manager managed its exposure during the period. Investors will look toward Microsoft's upcoming earnings report on October 28, 2026, for further insight into the company's financial trajectory. 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.