Q2 EPS Estimates for Primo Brands Reduced by William Blair

Primo Brands Corporation (NYSE:PRMB - Free Report) - Stock analysts at William Blair reduced their Q2 2025 earnings per share estimates for Primo Brands in a research report issued on Wednesday, July 16th. William Blair analyst J. Andersen now anticipates that the company will post earnings per share of $0.37 for the quarter, down from their previous estimate of $0.40. The consensus estimate for Primo Brands' current full-year earnings is $1.13 per share. William Blair also issued estimates for Primo Brands' Q4 2025 earnings at $0.34 EPS and FY2026 earnings at $1.63 EPS.

Primo Brands (NYSE:PRMB - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.05. Primo Brands had a negative net margin of 1.86% and a positive return on equity of 8.35%. The firm had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.63 billion. The business's revenue for the quarter was up 42.1% on a year-over-year basis.

PRMB has been the topic of several other research reports. Morgan Stanley started coverage on Primo Brands in a research report on Wednesday, July 2nd. They issued an "overweight" rating and a $38.00 target price on the stock. Barclays dropped their target price on Primo Brands from $40.00 to $38.00 and set an "overweight" rating for the company in a research report on Monday, June 16th. Truist Financial started coverage on Primo Brands in a research note on Friday, April 4th. They set a "buy" rating and a $42.00 target price for the company. Bank of America reduced their price target on Primo Brands from $42.00 to $39.00 and set a "buy" rating on the stock in a research report on Friday, July 11th. Finally, Mizuho began coverage on Primo Brands in a research report on Monday, May 12th. They set an "outperform" rating and a $43.00 price objective for the company. Ten investment analysts have rated the stock with a buy rating, According to MarketBeat, Primo Brands has an average rating of "Buy" and an average target price of $40.70.

Primo Brands Stock Performance

NYSE:PRMB traded down $0.01 during mid-day trading on Friday, hitting $29.01. The company's stock had a trading volume of 4,332,681 shares, compared to its average volume of 4,568,590. The business's fifty day moving average is $30.53 and its two-hundred day moving average is $32.05. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.07 and a quick ratio of 0.87. The stock has a market cap of $10.92 billion, a price-to-earnings ratio of -362.54, a PEG ratio of 0.55 and a beta of 0.73. Primo Brands has a 1 year low of $24.41 and a 1 year high of $35.85.

Primo Brands Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 17th. Investors of record on Friday, June 6th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date was Friday, June 6th. Primo Brands's payout ratio is currently -500.00%.

Insider Transactions at Primo Brands

In other Primo Brands news, Director Tony W. Lee sold 50,657,562 shares of the company's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $31.67, for a total value of $1,604,324,988.54. Following the transaction, the director directly owned 116,210,806 shares in the company, valued at approximately $3,680,396,226.02. This represents a 30.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 58.40% of the company's stock.

Hedge Funds Weigh In On Primo Brands

A number of large investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC purchased a new position in Primo Brands in the fourth quarter valued at about $30,000. IFP Advisors Inc acquired a new position in shares of Primo Brands in the 1st quarter valued at approximately $40,000. Versant Capital Management Inc boosted its stake in shares of Primo Brands by 286.7% during the 1st quarter. Versant Capital Management Inc now owns 1,222 shares of the company's stock valued at $43,000 after buying an additional 906 shares during the last quarter. New Age Alpha Advisors LLC acquired a new stake in shares of Primo Brands during the first quarter worth approximately $43,000. Finally, Parallel Advisors LLC increased its stake in shares of Primo Brands by 225.5% in the first quarter. Parallel Advisors LLC now owns 1,302 shares of the company's stock worth $46,000 after buying an additional 902 shares during the last quarter. 87.71% of the stock is currently owned by hedge funds and other institutional investors.

About Primo Brands

Primo Brands Corp. is a branded beverage company, which focuses on healthy hydration. It delivers sustainably and domestically sourced diversified offerings across products, formats, channels, price points and consumer occasions, distributed in the United States and Canada. The company provides water filtration units for home and business consumers across North America.