A number of firms have modified their ratings and price targets on shares of Primo Brands (NYSE: PRMB) recently:
- 8/7/2026 – Primo Brands had its “hold (c)” rating reaffirmed by Weiss Ratings.
- 8/7/2026 – Primo Brands had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $29.00 price target on the stock.
- 8/7/2026 – Primo Brands had its price target raised by Royal Bank Of Canada from $28.00 to $31.00. They now have an “outperform” rating on the stock.
- 8/7/2026 – Primo Brands had its price target raised by Barclays PLC from $27.00 to $29.00. They now have an “overweight” rating on the stock.
- 8/6/2026 – Primo Brands had its “buy” rating reaffirmed by TD Cowen.
- 8/6/2026 – Primo Brands had its “hold” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $25.00 price target on the stock.
- 8/6/2026 – Primo Brands had its price target raised by TD from $29.00 to $35.00. They now have a “buy” rating on the stock.
- 7/21/2026 – Primo Brands had its price target raised by Barclays PLC from $25.00 to $27.00. They now have an “overweight” rating on the stock.
- 7/16/2026 – Primo Brands had its price target raised by JPMorgan Chase & Co. from $26.00 to $29.00. They now have an “overweight” rating on the stock.
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 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Monday, August 24th. Primo Brands’s dividend payout ratio is 184.62%.
Insider Transactions at Primo Brands
In other Primo Brands news, CEO Eric J. Foss purchased 84,000 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The shares were purchased at an average price of $23.80 per share, for a total transaction of $1,999,200.00. Following the completion of the acquisition, the chief executive officer owned 573,806 shares of the company’s stock, valued at approximately $13,656,582.80. This represents a 17.15% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 32.90% of the company’s stock.
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.
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