Perrigo Company PLC (PRGO)

Nov 3, 2026

Profund Advisors LLC significantly increased its stake in Perrigo Company plc by 288.3% in the third quarter, acquiring 84,207 shares to bring its total holdings to 113,418 shares, valued at $1.67 million. Despite analyst caution with an average "Reduce" rating and a $18.50 consensus price target, Perrigo reported strong quarterly EPS of $0.50, surpassing estimates, and declared a quarterly dividend of $0.29, offering a 7.3% annualized yield. Institutional investors collectively own 95.91% of the company's stock.

Nov 2, 2026

Canaccord Genuity Group has increased its price target for Perrigo (NYSE:PRGO) stock from $17 to $19, maintaining a "buy" rating and indicating a potential upside of 20.41%. Despite this, analyst sentiment remains mixed, with a consensus "Reduce" rating and an average target price of $18.50 from various analysts. Perrigo recently surpassed quarterly earnings expectations, reporting $0.50 EPS against a $0.39 consensus, though revenue saw a slight decline.

Oct 30, 2026

Perrigo Company plc (NYSE:PRGO) has declared a quarterly dividend of $0.29 per share, marking its 23rd consecutive year of dividend increases. The dividend, payable on December 15th to shareholders of record on November 27th, represents an annualized payout of $1.16 and a 7.3% yield. Analysts anticipate the dividend will remain covered by projected earnings, with the company's latest EPS of $0.50 surpassing estimates.

Oct 30, 2026

Perrigo has announced the sale of its infant formula business to MeridianMade for $40 million in cash and up to $135 million in contingent payments. This deal, expected to close in the first half of 2027, saw Perrigo's shares trade sideways. Analyst Keonhee Kim views this as a strategically sound move for the company.