Primo Brands Corporation (NYSE:PRMB) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Posted by Stanley Muller on Sep 18th, 2026

Primo Brands Corporation (NYSE:PRMB – Get Free Report) has earned a consensus rating of “Moderate Buy” from the fifteen analysts that are covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $28.25.

A number of brokerages recently issued reports on PRMB. Royal Bank Of Canada raised their target price on shares of Primo Brands from $28.00 to $31.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. TD increased their price target on Primo Brands from $29.00 to $35.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Barclays raised their price objective on Primo Brands from $27.00 to $29.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $25.00 price objective on shares of Primo Brands in a research report on Thursday, August 6th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $29.00 target price on shares of Primo Brands in a research report on Friday, August 7th.

Get Our Latest Analysis on PRMB

Insider Activity

In other Primo Brands news, CEO Eric Foss acquired 84,000 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was bought at an average cost of $23.80 per share, for a total transaction of $1,999,200.00. Following the completion of the purchase, the chief executive officer directly owned 573,806 shares in the company, valued at $13,656,582.80. This represents a 17.15% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 32.90% of the company’s stock.

Hedge Funds Weigh In On Primo Brands

Hedge funds and other institutional investors have recently made changes to their positions in the business. One Rock Capital Partners LLC acquired a new position in Primo Brands during the 4th quarter worth approximately $1,900,047,000. William Blair Investment Management LLC boosted its stake in shares of Primo Brands by 6.7% in the fourth quarter. William Blair Investment Management LLC now owns 12,627,420 shares of the company’s stock valued at $206,458,000 after purchasing an additional 793,036 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in Primo Brands by 57.9% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 7,050,888 shares of the company’s stock worth $133,050,000 after buying an additional 2,585,164 shares in the last quarter. Bank of America Corp DE lifted its holdings in Primo Brands by 41.7% in the 1st quarter. Bank of America Corp DE now owns 6,067,351 shares of the company’s stock worth $114,248,000 after buying an additional 1,785,259 shares in the last quarter. Finally, KBC Group NV boosted its position in Primo Brands by 49.2% in the 1st quarter. KBC Group NV now owns 5,041,625 shares of the company’s stock valued at $94,934,000 after buying an additional 1,661,569 shares during the last quarter. Institutional investors and hedge funds own 87.71% of the company’s stock.

Primo Brands Stock Performance

Shares of PRMB stock opened at $21.14 on Friday. The company has a current ratio of 1.05, a quick ratio of 0.86 and a debt-to-equity ratio of 1.71. The stock has a 50 day simple moving average of $23.05 and a 200-day simple moving average of $22.34. The company has a market cap of $7.66 billion, a price-to-earnings ratio of 81.31, a price-to-earnings-growth ratio of 1.45 and a beta of 0.73. Primo Brands has a 12-month low of $14.36 and a 12-month high of $26.21.

Primo Brands (NYSE:PRMB – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.05. Primo Brands had a net margin of 1.49% and a return on equity of 14.24%. The company had revenue of $1.80 billion during the quarter, compared to analysts’ expectations of $1.77 billion. During the same period last year, the company posted $0.36 earnings per share. The firm’s quarterly revenue was up 3.8% compared to the same quarter last year. On average, equities analysts forecast that Primo Brands will post 1.27 EPS for the current year.

Primo Brands Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Investors of record on Monday, August 24th were issued a $0.12 dividend. The ex-dividend date was Monday, August 24th. This represents a $0.48 dividend on an annualized basis and a yield of 2.3%. Primo Brands’s dividend payout ratio (DPR) is presently 184.62%.

Primo Brands Company Profile

(Get Free Report)

Primo Brands Corporation (NYSE: PRMB) is a North American beverage company focused on providing bottled water, water dispensers, water filtration products and related hydration services. Its offerings include spring, purified and mineral water, as well as refillable and reusable water solutions for households, businesses and other organizations.

The company sells its products through retail, direct delivery and exchange programs, including home and office delivery and services connected with water dispensers.