Research Analysts’ Recent Ratings Changes for Primoris Services (PRIM)

Posted by on Jul 15th, 2026

Several analysts have recently updated their ratings and price targets for Primoris Services (NYSE: PRIM):

  • 7/13/2026 – Primoris Services had its price target lowered by Needham & Company LLC from $188.00 to $172.00. They now have a “buy” rating on the stock.
  • 7/7/2026 – Primoris Services is now covered by Oppenheimer Holdings, Inc.. They set an “outperform” rating and a $135.00 price target on the stock.
  • 6/29/2026 – Primoris Services was upgraded by JPMorgan Chase & Co. from “neutral” to “overweight”. They now have a $116.00 price target on the stock, up from $105.00.
  • 6/27/2026 – Primoris Services was downgraded by Wall Street Zen from “hold” to “sell”.
  • 6/25/2026 – Primoris Services had its price target lowered by Cantor Fitzgerald from $124.00 to $100.00. They now have a “neutral” rating on the stock.
  • 6/25/2026 – Primoris Services was upgraded by The Goldman Sachs Group, Inc. from “sell” to “neutral”. They now have a $102.00 price target on the stock, down from $107.00.
  • 6/23/2026 – Primoris Services had its price target lowered by Mizuho from $135.00 to $117.00. They now have an “outperform” rating on the stock.
  • 6/23/2026 – Primoris Services had its price target lowered by Wells Fargo & Company from $118.00 to $85.00. They now have an “equal weight” rating on the stock.
  • 6/23/2026 – Primoris Services had its “buy” rating reaffirmed by Guggenheim. They now have a $162.00 price target on the stock.
  • 6/23/2026 – Primoris Services had its “sector weight” rating reaffirmed by KeyCorp.
  • 6/15/2026 – Primoris Services had its “outperform” rating reaffirmed by Wolfe Research. They now have a $149.00 price target on the stock.
  • 6/9/2026 – Primoris Services had its “neutral” rating reaffirmed by Cantor Fitzgerald.
  • 5/28/2026 – Primoris Services was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
  • 5/19/2026 – Primoris Services had its price target raised by Cantor Fitzgerald from $113.00 to $124.00. They now have a “neutral” rating on the stock.

Primoris Services Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.4%. The ex-dividend date is Tuesday, June 30th. Primoris Services’s dividend payout ratio (DPR) is currently 7.05%.

Insider Buying and Selling at Primoris Services

In other news, insider John M. Perisich sold 29,707 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $127.86, for a total transaction of $3,798,337.02. Following the sale, the insider directly owned 27,574 shares of the company’s stock, valued at $3,525,611.64. This represents a 51.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director David Lee King sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $119.09, for a total value of $2,381,800.00. Following the sale, the director owned 14,941 shares in the company, valued at $1,779,323.69. This trade represents a 57.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.10% of the stock is currently owned by company insiders.

Primoris Services Corporation, a specialty contractor company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. It operates through three segments: Utilities, Energy/Renewables, and Pipeline Services. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The Energy/Renewables segment provides a range of services, including engineering, procurement, and construction, as well as retrofits, highway and bridge construction, demolition, site work, soil stabilization, mass excavation, flood control, upgrades, repairs, outages, and maintenance services to renewable energy and energy storage, renewable fuels, petroleum, refining, and petrochemical industries, as well as state departments of transportation.

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