Primo Brands Corporation $PRMB Stock Holdings Lowered by Jefferies Financial Group Inc.

Posted by Stanley Muller on May 31st, 2026

Jefferies Financial Group Inc. lowered its position in shares of Primo Brands Corporation (NYSE:PRMB – Free Report) by 78.9% in the 4th quarter, Holdings Channel reports. The fund owned 25,123 shares of the company’s stock after selling 94,042 shares during the period. Jefferies Financial Group Inc.’s holdings in Primo Brands were worth $411,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of PRMB. Dynamic Technology Lab Private Ltd bought a new position in shares of Primo Brands during the first quarter worth about $229,000. Caxton Associates LLP bought a new position in shares of Primo Brands during the first quarter worth about $266,000. American Century Companies Inc. grew its position in shares of Primo Brands by 9.3% during the second quarter. American Century Companies Inc. now owns 27,226 shares of the company’s stock worth $806,000 after acquiring an additional 2,318 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Primo Brands by 797.8% during the second quarter. Arrowstreet Capital Limited Partnership now owns 54,589 shares of the company’s stock worth $1,617,000 after acquiring an additional 48,509 shares during the last quarter. Finally, Invesco Ltd. grew its position in shares of Primo Brands by 29.1% during the second quarter. Invesco Ltd. now owns 301,535 shares of the company’s stock worth $8,931,000 after acquiring an additional 67,930 shares during the last quarter. Institutional investors own 87.71% of the company’s stock.

Primo Brands Stock Performance

NYSE:PRMB opened at $24.84 on Friday. Primo Brands Corporation has a twelve month low of $14.36 and a twelve month high of $33.17. The company has a current ratio of 0.98, a quick ratio of 0.79 and a debt-to-equity ratio of 1.72. The company has a 50-day moving average of $20.80 and a 200-day moving average of $18.98. The firm has a market cap of $9.01 billion, a price-to-earnings ratio of 177.41, a price-to-earnings-growth ratio of 2.13 and a beta of 0.66.

Primo Brands (NYSE:PRMB – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.01). Primo Brands had a net margin of 0.88% and a return on equity of 13.98%. The business had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter last year, the business posted $0.29 EPS. The business’s revenue for the quarter was up .8% on a year-over-year basis. Analysts forecast that Primo Brands Corporation will post 1.25 earnings per share for the current fiscal year.

Primo Brands Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Thursday, June 4th will be given a dividend of $0.12 per share. The ex-dividend date is Thursday, June 4th. This represents a $0.48 annualized dividend and a dividend yield of 1.9%. Primo Brands’s dividend payout ratio (DPR) is 342.86%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on PRMB shares. Wall Street Zen upgraded shares of Primo Brands from a “sell” rating to a “hold” rating in a research report on Saturday, May 23rd. JPMorgan Chase & Co. lowered their target price on shares of Primo Brands from $27.00 to $26.00 and set an “overweight” rating on the stock in a research note on Monday, May 4th. Zacks Research raised shares of Primo Brands from a “strong sell” rating to a “hold” rating in a research note on Friday, March 6th. TD Securities raised their target price on shares of Primo Brands from $27.00 to $29.00 and gave the company a “buy” rating in a research note on Friday, February 27th. Finally, Weiss Ratings raised shares of Primo Brands from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Nine investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Primo Brands presently has an average rating of “Moderate Buy” and a consensus target price of $25.91.

Check Out Our Latest Analysis on PRMB

Primo Brands Company Profile

(Free Report)

Primo Brands (NYSE: PRMB) is a consumer packaged beverage company that was established as an independent entity following a corporate spin‐off in 2023. The company specializes in the production, marketing and distribution of a broad portfolio of bottled water products, including purified, mineral and sparkling varieties. Through its focus on quality control and innovation, Primo Brands aims to deliver clean, great-tasting water in formats tailored to both at-home consumption and on-the-go lifestyles.

Its product range spans multi-serve and single-serve bottles, aluminum cans and other eco-friendly packaging solutions.