Analysts’ Recent Ratings Changes for Primoris Services (PRIM)

A number of research firms have changed their ratings and price targets for Primoris Services (NYSE: PRIM):

  • 8/10/2026 – Primoris Services had its price target raised by Cantor Fitzgerald from $100.00 to $105.00. They now have a “neutral” rating on the stock.
  • 8/10/2026 – Primoris Services had its “neutral” rating reaffirmed by UBS Group AG.
  • 8/10/2026 – Primoris Services had its price target lowered by UBS Group AG from $186.00 to $138.00. They now have a “buy” rating on the stock.
  • 8/6/2026 – Primoris Services was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
  • 8/6/2026 – Primoris Services had its price target lowered by Guggenheim from $162.00 to $127.00. They now have a “buy” rating on the stock.
  • 8/5/2026 – Primoris Services had its “neutral” rating reaffirmed by Cantor Fitzgerald. They now have a $100.00 price target on the stock.
  • 7/20/2026 – Primoris Services had its “buy” rating reaffirmed by Roth Capital. They now have a $100.00 price target on the stock.
  • 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.

Primoris Services Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.32 annualized dividend and a yield of 0.4%. Primoris Services’s dividend payout ratio is presently 12.55%.

Insider Buying and Selling

In other news, Director David Lee King sold 20,000 shares of Primoris Services stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $119.09, for a total transaction of $2,381,800.00. Following the completion of the transaction, the director directly owned 14,941 shares in the company, valued at approximately $1,779,323.69. This trade represents a 57.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider John M. Perisich sold 29,707 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $127.86, for a total value of $3,798,337.02. Following the completion of the transaction, the insider directly owned 27,574 shares in the company, valued at $3,525,611.64. This trade represents a 51.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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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