SCHEDULE: T. Rowe Price Boosts Perrigo Stake to 12.3%

Sentiment:

Beneficial Ownership Report (Schedule 13G Amendment)


T. Rowe Price Associates, Inc. has reported an increased beneficial ownership in Perrigo Co PLC, now holding 12.3% of the common stock.

Summary

  • T. Rowe Price Associates, Inc. (a Maryland-based investment adviser) has filed an Amendment No. 3 to Schedule 13G regarding its beneficial ownership in Perrigo Co PLC.
  • As of the event date of September 30, 2025, T. Rowe Price Associates, Inc. beneficially owns an aggregate of 16,920,302 shares of Perrigo Co PLC common stock.
  • This ownership represents 12.3% of the total class of securities.
  • T. Rowe Price Associates, Inc. holds sole voting power over 16,856,660 shares and sole dispositive power over 16,920,302 shares.
  • No shared voting or dispositive power is reported.
  • T. ROWE PRICE MID-CAP VALUE FUND, for which T. Rowe Price Associates, Inc. is the investment adviser, holds 9,190,014 shares, representing 6.7% of the class, and has the right to receive dividends and proceeds from these securities.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance or prospects. It indicates continued institutional investment.

Future Outlook

This filing does not contain any forward-looking statements or guidance from Perrigo Co PLC or T. Rowe Price Associates, Inc. regarding future performance or operations.

Industry Context

This Schedule 13G filing indicates a significant institutional investor, T. Rowe Price Associates, Inc., maintains a substantial stake in Perrigo Co PLC. Such filings are routine disclosures required when an entity acquires beneficial ownership of more than 5% of a company's stock, signaling continued institutional interest in the issuer within the broader market.

Stakeholder Impact

  • Shareholders: The disclosure of a significant institutional stake by T. Rowe Price Associates, Inc. may be viewed positively by other investors, signaling confidence in Perrigo Co PLC. It also provides transparency regarding major ownership positions.

Key Dates

DateDescription
09/30/2025Date of event which requires the filing of this statement (reporting period end date).
11/14/2025Date the Schedule 13G Amendment No. 3 was signed by T. Rowe Price Associates, Inc.

Keywords

Perrigo Co PLC, T. Rowe Price Associates, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, Investment Adviser, Equity Stake

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