Should You Hold Your Stake in Perrigo Company, plc (PRGO)?

33 minutes ago 1

Soumya Eswaran

Mon, December 1, 2025 astatine 7:35 AM CST 3 min read

Meridian Funds, managed by ArrowMark Partners, released its “Meridian Contrarian Fund” third-quarter 2025 capitalist letter. A transcript of the missive tin beryllium downloaded here. Equities deed a grounds precocious successful the 3rd quarter, fueled by continued gains successful exertion and falling enslaved yields. Easing tariff rhetoric and renewed AI infrastructure investments boosted ample tech stocks. In mid-September U.S. Federal Reserve lowered rates by 25 ground points. In this environment, the money returned 6.72% (net) during the quarter, underperforming the 9.00% returns of the Russell 2500 Index and 8.18% returns of the secondary benchmark, the Russell 2500 Value Index. In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.

In its third-quarter 2025 capitalist letter, Meridian Contrarian Fund highlighted stocks specified arsenic Perrigo Company plc (NYSE:PRGO). Perrigo Company plc (NYSE:PRGO) is an over-the-counter wellness and wellness solutions provider. The one-month instrumentality of Perrigo Company plc (NYSE:PRGO) was -34.97%, and its shares mislaid 53.13% of their worth implicit the past 52 weeks. On November 28, 2025, Perrigo Company plc (NYSE:PRGO) banal closed astatine $13.35 per share, with a marketplace capitalization of $1.837 billion.

Meridian Contrarian Fund stated the pursuing regarding Perrigo Company plc (NYSE:PRGO) successful its 3rd 4th 2025 capitalist letter:

"Perrigo Company plc (NYSE:PRGO) is the starring in-store marque for user wellness and self-care products. The institution endured respective years of declining net owed to what we judge was mediocre superior allocation by its erstwhile absorption team, which chased maturation done acquisitions extracurricular of Perrigo’s halfway business. Our concern successful Perrigo was inspired by a caller absorption squad that committed to pursuing realistic, dependable maturation rates wrong the halfway business, and the institution delivering improved profitability and returns connected capital. The banal underperformed during the 4th arsenic net were guided to the debased extremity of the antecedently fixed scope owed to income and borderline headwinds successful their recovering babe look business. While the cardinal quality successful the usher down was small, capitalist patience has worn bladed aft years of delayed improvement. We proceed to clasp Perrigo successful the portfolio."

One of the Best Dividend Growth Stocks with High Yields

Perrigo Company plc (NYSE:PRGO) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. As per our database, 22 hedge money portfolios held Perrigo Company plc (NYSE:PRGO) astatine the extremity of the 3rd quarter, the aforesaid arsenic successful the erstwhile quarter. While we admit the imaginable of Perrigo Company plc (NYSE:PRGO) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.