Perrigo Company plc $PRGO Stock: VIRGINIA RETIREMENT SYSTEMS ET Al Increases Position

VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in Perrigo Company plc (NYSE:PRGO) by 275.1% during the 3rd quarter, Holdings Channel reports. The firm owned 79,900 shares of the company’s stock after acquiring an additional 58,600 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Perrigo were worth $1,179,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. KBC Group NV increased its holdings in Perrigo by 61.3% in the 1st quarter. KBC Group NV now owns 6,283 shares of the company’s stock worth $67,000 after acquiring an additional 2,388 shares during the last quarter. Parvin Asset Management LLC purchased a new position in Perrigo during the second quarter worth about $79,000. Allworth Financial LP increased its position in shares of Perrigo by 489.1% in the second quarter. Allworth Financial LP now owns 9,390 shares of the company’s stock worth $98,000 after purchasing an additional 7,796 shares during the last quarter. Signaturefd LLC increased its holdings in shares of Perrigo by 20.4% in the 3rd quarter. Signaturefd LLC now owns 10,184 shares of the company’s stock worth $150,000 after buying an additional 1,726 shares during the last quarter. Finally, Whitebox Advisors LLC bought a new stake in Perrigo during the first quarter worth about $111,000. 95.91% of the stock is owned by institutional investors.

Perrigo News Roundup

Here are the key news stories impacting Perrigo this week:

• Positive Sentiment: Perrigo posted adjusted EPS of $0.60, ahead of the $0.51 consensus estimate. Management also reported sequential operating improvement under its Three-S plan, with market-share gains in U.S. store-brand OTC products and key European brands. Perrigo Q3 2026 results
• Neutral Sentiment: The planned infant formula divestiture is intended to simplify Perrigo’s portfolio and focus investment on higher-return consumer self-care categories. A strategic review of the Oral Care business is still ongoing, leaving the outcome uncertain. Perrigo Q3 2026 results
• Negative Sentiment: Revenue of $988.6 million slightly exceeded estimates but fell 5.2% from a year earlier; adjusted EPS also declined from $0.80 a year ago. Perrigo reported a net loss for the quarter. Its updated 2026 outlook reflects more cautious retailer inventory positioning and continued softness in Europe, which could weigh on results. Perrigo slips to loss in Q3 Perrigo Q3 2026 results

Perrigo Stock Performance

PRGO opened at $15.84 on Thursday. The company has a current ratio of 2.32, a quick ratio of 1.32 and a debt-to-equity ratio of 1.31. The firm’s 50-day moving average price is $14.91 and its 200 day moving average price is $12.49. The firm has a market capitalization of $2.20 billion, a PE ratio of -1.27, a PEG ratio of 1.81 and a beta of 0.71. Perrigo Company plc has a twelve month low of $9.23 and a twelve month high of $17.48.

Perrigo (NYSE:PRGO) last posted its earnings results on Wednesday, November 4th. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.09. Perrigo had a positive return on equity of 11.25% and a negative net margin of 41.85%. The company had revenue of $988.60 million during the quarter, compared to analysts’ expectations of $984.80 million. During the same quarter last year, the firm earned $0.80 earnings per share. The firm’s quarterly revenue was down 5.2% compared to the same quarter last year. As a group, sell-side analysts expect that Perrigo Company plc will post 2.17 EPS for the current fiscal year.

Perrigo Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Friday, November 27th will be issued a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, November 27th. This represents a $1.16 dividend on an annualized basis and a yield of 7.3%. Perrigo’s dividend payout ratio (DPR) is presently -9.27%.

Wall Street Analyst Weigh In

Several analysts have issued reports on PRGO shares. Weiss Ratings upgraded shares of Perrigo from a “sell (d-)” rating to a “sell (d)” rating in a research report on Thursday, August 6th. Wall Street Zen lowered shares of Perrigo from a “buy” rating to a “hold” rating in a report on Saturday, October 31st. Canaccord Genuity Group lifted their price target on Perrigo from $17.00 to $19.00 and gave the company a “buy” rating in a research report on Friday, October 30th. Finally, Zacks Research cut shares of Perrigo from a “hold” rating to a “strong sell” rating in a report on Thursday, October 29th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $18.50.

Perrigo Profile

Perrigo Company plc is a global consumer self-care company that develops, manufactures and markets over-the-counter health products, wellness products and personal care items. Its portfolio includes products for allergy, pain relief, digestive health, skin care, smoking cessation, women’s health and other everyday health needs, along with vitamins, nutritional supplements and infant nutrition products.

Perrigo supplies products under its own brands, acquired brands and retailer-owned private-label labels.