Primo Brands (NYSE:PRMB) CEO Eric Foss Buys 84,000 Shares

Posted by Geri Gentry on Aug 13th, 2026

Primo Brands Corporation (NYSE:PRMB – Get Free Report) CEO Eric Foss acquired 84,000 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The stock was purchased at an average price of $23.80 per share, with a total value of $1,999,200.00. Following the completion of the acquisition, the chief executive officer owned 573,806 shares in the company, valued at $13,656,582.80. The trade was a 17.15% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Primo Brands Stock Performance

PRMB stock opened at $23.93 on Thursday. The stock’s 50 day simple moving average is $23.91 and its 200 day simple moving average is $21.75. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.71. Primo Brands Corporation has a 12-month low of $14.36 and a 12-month high of $26.21. The stock has a market capitalization of $8.67 billion, a PE ratio of 92.04, a price-to-earnings-growth ratio of 1.65 and a beta of 0.74.

Primo Brands (NYSE:PRMB – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.05. Primo Brands had a return on equity of 14.24% and a net margin of 1.49%.The business had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.77 billion. During the same quarter last year, the company earned $0.36 EPS. The company’s quarterly revenue was up 3.8% compared to the same quarter last year. As a group, research 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 announced a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.0%. The ex-dividend date is Monday, August 24th. Primo Brands’s payout ratio is 184.62%.

Institutional Investors Weigh In On Primo Brands

A number of institutional investors have recently bought and sold shares of the business. Dynamic Technology Lab Private Ltd purchased a new position in shares of Primo Brands in the first quarter valued at about $229,000. Caxton Associates LLP purchased a new stake in shares of Primo Brands during the first quarter worth about $266,000. American Century Companies Inc. raised its stake in Primo Brands by 9.3% during the 2nd quarter. American Century Companies Inc. now owns 27,226 shares of the company’s stock valued at $806,000 after purchasing an additional 2,318 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in Primo Brands by 797.8% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 54,589 shares of the company’s stock valued at $1,617,000 after purchasing an additional 48,509 shares during the period. Finally, Invesco Ltd. lifted its holdings in Primo Brands by 29.1% in the 2nd quarter. Invesco Ltd. now owns 301,535 shares of the company’s stock worth $8,931,000 after purchasing an additional 67,930 shares in the last quarter. Hedge funds and other institutional investors own 87.71% of the company’s stock.

Analysts Set New Price Targets

PRMB has been the topic of several recent research reports. TD increased their price target on shares of Primo Brands from $29.00 to $35.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. JPMorgan Chase & Co. boosted their price objective on shares of Primo Brands from $26.00 to $29.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Barclays raised their target price on Primo Brands from $27.00 to $29.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Morgan Stanley reissued an “overweight” rating and set a $29.00 price target on shares of Primo Brands in a report on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $25.00 price target on shares of Primo Brands in a research report on Thursday, August 6th. Eleven investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $28.25.

View Our Latest Stock Report on Primo Brands

About Primo Brands

(Get 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.