Saratoga Research & Investment Management 13F: Adds $1.9M to UL Stake

Saratoga Research & Investment Management boosted its holdings in Unilever PLC UL by 31,692 shares during the quarter, according to a Form 13F filed with the U.S. Securities and Exchange Commission on October 16, 2026. The firm disclosed that its total stake reached 2,018,122 shares worth approximately $122.6 million after a 1.6% increase from the prior period.

UL Unilever PLC

$66.16 ▲ +4.34% year to date

1M 3M YTD

Daily close · Oct 16, 2026

What Changed in Saratoga Research & Investment Management's Unilever PLC Position

The firm grew its investment by 31,692 shares, lifting its holdings from 1,986,430 shares previously. The reported value of the position stood at $122,605,492 at the time of the filing.

Other Institutional Activity in Unilever PLC

Fisher Asset Management, LLC grew its holdings by 3,426,163 shares, ending with 24,693,472 shares worth about $1,608,779,738. GQG Partners LLC reduced its holdings by 727,672 shares, ending with 8,673,777 shares worth about $565,096,584. State Farm Mutual Automobile Insurance Co grew its holdings by 51,430 shares, ending with 6,174,081 shares worth about $402,241,386. Envestnet Asset Management Inc. reduced its holdings by 296,045 shares, ending with 4,223,732 shares worth about $275,176,146.

Unilever PLC Stock Down 1.5%

Unilever shares recently traded around $65.15, down about 1.5% from the closing price of $66.16 on the filing date of October 16, 2026. The stock trades above its 50-day moving average of $62.84 and sits below its 52-week high of $74.98.

Recent Earnings

Unilever generated trailing-twelve-month revenue of $50.62 billion with a net profit margin of 18.3%. The company reported earnings of $4.95 per share over the same period, alongside a return on equity of 31.9%. Its next earnings report is scheduled for February 9, 2027.

Dividend

The company pays an annual dividend rate of $2.12 per share, giving it a dividend yield of 3.26%. Its payout ratio stands at 46.4% of earnings.

Analysts Set New Price Targets

On October 13, 2026, TD Cowen maintained its buy rating on the stock while adjusting its price target from $76.00 to $74.00. Overall, the company holds a consensus buy rating from analysts with a mean price target of $71.69.

About Unilever PLC

Unilever PLC operates as a fast-moving consumer goods business selling beauty, personal care, home care, and food items across global markets. The company manages a vast portfolio of household brands found in stores worldwide.

Bottom Line

Institutional investors continue to adjust large positions in the consumer goods giant as markets navigate shifting economic conditions. Observers will look toward the company's upcoming earnings release on February 9, 2027, for further updates on financial performance.