Cardinal Capital Management 13F: Adds $527K to UL Stake

Cardinal Capital Management grew its stake in Unilever PLC (NYSE: UL) during the period, lifting its position by 1.96% or 8,676 shares. The fund revealed the move in an October 16, 2026 filing with the Securities and Exchange Commission, showing a final holding of 450,494 shares. The updated stake carried an estimated market value of $27.36 million based on the period's data.

UL Unilever PLC

$66.16 ▲ +4.34% year to date

1M 3M YTD

Daily close · Oct 16, 2026

What Changed in Cardinal Capital Management's Unilever Position

Cardinal Capital Management added 8,676 shares to its portfolio during the quarter, moving its total from 441,818 shares up to 450,494 shares. Unilever PLC shares closed at $66.16 on the October 16 filing date.

Other Institutional Activity in Unilever

Other institutional investors made notable adjustments to their Unilever positions during recent reporting periods. Saratoga Research & Investment Management grew its holdings by 31,692 shares, ending with 2,018,122 shares worth about $122.56 million. Fisher Asset Management, LLC lifted its stake by 3,426,163 shares to reach 24,693,472 shares valued at roughly $1.61 billion. GQG Partners LLC trimmed its holdings by 727,672 shares, leaving it with 8,673,777 shares worth approximately $565.10 million. State Farm Mutual Automobile Insurance Co added 51,430 shares to hold 6,174,081 shares valued at about $402.24 million. Envestnet Asset Management Inc. reduced its position by 296,045 shares, ending with 4,223,732 shares worth about $275.18 million.

Unilever PLC Stock Down 1.5%

Unilever shares recently traded around $65.15, sitting below the event-day close of $66.16 from October 16, 2026. The stock trades above both its 50-day moving average of $62.84 and its 200-day moving average of $62.52. The 52-week trading range spans from a low of $54.75 up to a high of $74.98.

Recent Earnings

Unilever generated trailing twelve month revenue of $50.62 billion alongside $4.95 in earnings per share. The consumer goods company posted a net profit margin of 18.3% and a return on equity of 31.9%. The next quarterly earnings report is scheduled for release on February 9, 2027.

Dividend

Unilever pays an annual dividend rate of $2.12 per share, which translates to a dividend yield of 3.26%. The company distributes 46.4% of its earnings as dividends to shareholders.

Analysts Set New Price Targets

On October 13, 2026, TD Cowen maintained a buy rating on Unilever while lowering its price target from $76.00 to $74.00. Across the broader analyst community, the stock holds a consensus buy recommendation with four professional opinions and a mean price target of $71.69.

About Unilever

Unilever PLC operates as a global fast-moving consumer goods company with a large portfolio of everyday household, personal care, and food items. It manages well-known brands across beauty, wellbeing, and home care categories, reaching customers throughout the Americas, Europe, Asia Pacific, and Africa.

Bottom Line

Institutional interest in Unilever remains active as large asset managers adjust their weightings. Investors will look toward the next earnings update on February 9, 2027, for further operational details from the consumer products firm.