Cardinal Capital Management 13F: Exits LVMUY Stake

Cardinal Capital Management sold its entire position in LVMH Moët Hennessy - Louis Vuitton (LVMUY) as disclosed in a filing on October 16, 2026. The fund's stake of 205,448 shares, previously valued at about $18.1 million, has been fully exited, marking a 100% decrease in holdings.

What Changed in Cardinal Capital Management's LVMH Position

Cardinal Capital's move cuts its stake down from 205,448 shares to 0 shares, resulting in a complete sellout. The decision to exit this investment reflects a strategic shift in the fund's portfolio, but the specific reasons were not detailed in the filing.

Other Institutional Activity in LVMH

Several other institutional investors have also adjusted their positions in LVMH. For instance, Franklin Street Advisors, Inc. increased its holdings by 14,890 shares, now owning a total of 239,139 shares valued at about $21.1 million. Aristotle Capital Management, LLC decreased its stake by 13,200 shares, holding 426,810 shares worth approximately $37.7 million. Meanwhile, Appleton Partners, Inc. trimmed its position by 1,702 shares, now holding 36,795 shares valued at about $3.2 million.

LVMH Moët Hennessy - Louis Vuitton, Société Européenne Stock Down 1.0%

As of October 16, 2026, LVMH shares recently traded around $88. This price is 42.5% below the company’s 52-week high of $152.95 and 9.2% below its 50-day moving average of $96.94. These figures suggest that the stock is currently underperforming compared to its recent history.

Recent Earnings

LVMH reported revenue of about $79.6 billion over the trailing twelve months, with a net margin of 13.7%. The company’s return on equity stands at 16.6%. LVMH's next earnings report is scheduled for January 26, 2027.

Analysts Set New Price Targets

There is no new analyst coverage or price targets available at this time for LVMH. However, the average target price is around $108.17, suggesting a potential upside from the recent share price.

About LVMH

LVMH Moët Hennessy - Louis Vuitton is a global leader in luxury goods, offering a wide range of products from fashion to cosmetics. The company operates numerous prestigious brands and is headquartered in Paris, France. This recent change in Cardinal Capital's position may reflect broader trends within the luxury sector as market dynamics shift.

Bottom Line

Investors should keep an eye on LVMH's upcoming earnings report on January 26, 2027. As 13F filings are backward-looking, they represent holdings as of the end of the reporting period and may not reflect current positions. Cardinal Capital's complete exit from LVMH suggests a significant reevaluation of their investment strategy.