SCHEDULE: Fuller & Thaler Discloses 5.69% Stake in Perrigo Co plc

Fuller & Thaler Asset Management, Inc. has reported a 5.69% beneficial ownership stake in Perrigo Co plc, primarily for investment purposes.

Summary

• Fuller & Thaler Asset Management, Inc. beneficially owns 7,824,758.81 shares of Perrigo Co plc's Common Stock.
• This ownership represents 5.69% of the class of securities.
• Fuller & Thaler Asset Management, Inc. holds sole voting power over 7,708,573.81 shares.
• Fuller & Thaler Asset Management, Inc. holds sole dispositive power over 7,824,758.81 shares.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Perrigo Co plc.
• Fuller & Thaler Asset Management, Inc. acts as an investment adviser to certain persons who have the right to receive dividends or proceeds from the sale of these securities.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. A Schedule 13G is a standard disclosure of passive beneficial ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance or future prospects.

Industry Context

StockSavvy.ai notes that a Schedule 13G filing indicates a passive investment by an institutional investor, signifying that Fuller & Thaler Asset Management, Inc. holds a significant stake in Perrigo Co plc primarily for investment purposes without intent to influence or change control. This is a routine disclosure for institutional investors crossing the 5% ownership threshold.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake, potentially signaling confidence from a large investor, though without activist intent.

Key Dates

Recommendation

This Schedule 13G filing primarily serves as a disclosure of a passive ownership stake by an investment adviser. It does not contain information related to the company's operational performance, financial health, or strategic direction that would warrant a 'buy' or 'sell' recommendation. Therefore, a 'hold' recommendation is appropriate as this filing alone does not provide new fundamental data to alter an existing investment thesis.

Keywords

Perrigo Co plc, Fuller & Thaler Asset Management, Beneficial Ownership, Schedule 13G, Common Stock, Investment Adviser, Institutional Ownership