In its Q2 2026 investor letter, Fundsmith Equity Fund highlighted Unilever PLC (NYSE:UL).
Unilever PLC (NYSE:UL) is a British consumer goods giant, selling products that span food homecare, beauty and personal care brands
On July 31, 2026, Unilever PLC (NYSE:UL) closed at $63.41 per share, reflecting a market capitalization of $4.35 billion. Unilever PLC (NYSE:UL) posted a one-month return of 2.97%, while its shares lost 1.62% over the past 52 weeks. Fundsmith Equity Fund stated the following regarding Unilever PLC (NYSE:UL) in its Q2 2026 investor update: “Unilever PLC (NYSE:UL) – When Hein Schumacher was appointed as CEO we breathed a sigh of relief after the Polman/Jope years of woke.
He said he had no intention of indulging in acquisitions or divestments until he had got all the businesses producing the results they should be capable of benchmarked against the best of their competition. We applauded that approach. After 18 months he was fired and the CFO Fernando Fernandez was appointed as CEO.