Primoris Services (NASDAQ:PRIM) Given New $176.00 Price Target at UBS Group

Primoris Services (NASDAQ:PRIM) had its price target boosted by research analysts at UBS Group from $165.00 to $176.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the construction company’s stock. UBS Group’s price target would indicate a potential upside of 16.21% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. KeyCorp raised their price target on shares of Primoris Services from $154.00 to $159.00 and gave the stock an “overweight” rating in a report on Wednesday, November 5th. DA Davidson set a $180.00 target price on Primoris Services in a research note on Wednesday. Guggenheim upped their price target on Primoris Services from $160.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday. Needham & Company LLC reissued a “buy” rating on shares of Primoris Services in a research note on Wednesday, November 5th. Finally, JPMorgan Chase & Co. boosted their price objective on Primoris Services from $143.00 to $165.00 and gave the company a “neutral” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $151.20.

Primoris Services Trading Down 0.3%

Shares of NASDAQ:PRIM traded down $0.47 during midday trading on Wednesday, reaching $151.45. The company’s stock had a trading volume of 860,877 shares, compared to its average volume of 759,565. Primoris Services has a fifty-two week low of $49.10 and a fifty-two week high of $174.43. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.38 and a current ratio of 1.38. The firm has a 50 day moving average price of $144.43 and a two-hundred day moving average price of $132.97. The firm has a market capitalization of $8.18 billion, a price-to-earnings ratio of 50.28 and a beta of 1.37.

Primoris Services (NASDAQ:PRIM) last issued its earnings results on Monday, February 23rd. The construction company reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.13. The business had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.82 billion. Primoris Services had a return on equity of 15.23% and a net margin of 2.68%.The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.13 earnings per share. Primoris Services has set its FY 2026 guidance at 5.800-6.000 EPS. As a group, analysts forecast that Primoris Services will post 3.26 earnings per share for the current year.

Insider Buying and Selling at Primoris Services

In other Primoris Services news, Director Carla S. Mashinski sold 2,082 shares of the company’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $135.14, for a total value of $281,361.48. Following the completion of the sale, the director directly owned 21,530 shares of the company’s stock, valued at approximately $2,909,564.20. This represents a 8.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director John P. Schauerman sold 7,815 shares of Primoris Services stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $136.00, for a total transaction of $1,062,840.00. Following the transaction, the director directly owned 74,466 shares in the company, valued at approximately $10,127,376. This represents a 9.50% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 1.40% of the company’s stock.

Institutional Trading of Primoris Services

A number of institutional investors and hedge funds have recently modified their holdings of PRIM. SBI Securities Co. Ltd. grew its stake in Primoris Services by 224.2% in the 3rd quarter. SBI Securities Co. Ltd. now owns 214 shares of the construction company’s stock valued at $29,000 after purchasing an additional 148 shares during the period. Harbour Investments Inc. purchased a new position in shares of Primoris Services in the 4th quarter worth about $33,000. Osterweis Capital Management Inc. bought a new position in shares of Primoris Services during the 2nd quarter valued at approximately $34,000. Blue Bell Private Wealth Management LLC purchased a new stake in Primoris Services in the third quarter worth $37,000. Finally, Cullen Frost Bankers Inc. bought a new stake in Primoris Services in the 3rd quarter valued at about $37,000. 91.82% of the stock is owned by hedge funds and other institutional investors.

Primoris Services News Summary

Here are the key news stories impacting Primoris Services this week:

• Positive Sentiment: Q4 beat — PRIM reported EPS $1.08 vs. consensus $0.95 and revenue $1.86B vs. $1.82B, with revenue +6.7% YoY; the beat supports upside expectations. Primoris Services (PRIM) Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Company guidance — Primoris updated FY‑2026 EPS guidance in a higher range (company guidance noted at about $5.80–$6.00), which materially improves forward earnings visibility. Primoris (PRIM) Q4 2025 Earnings Call Transcript
• Positive Sentiment: Record backlog and energy exposure — management cites a record ~$11.9B backlog and growth in energy end markets, supporting multi‑year revenue visibility. Primoris outlines $5.35–$5.55 EPS guidance for 2026 amid record $11.9B backlog and energy market growth
• Positive Sentiment: Analyst upgrade/raise — Guggenheim raised its price target to $170 and maintains a “buy” rating, signaling bullish institutional sentiment and potential further upside. TickerReport: Guggenheim PT raise
• Neutral Sentiment: Dividend — Board declared a $0.08 quarterly dividend (ex‑dividend Mar 31; payable Apr 15); modest yield but signals cash return discipline. Primoris Services declares $0.08 dividend
• Neutral Sentiment: Earnings call / transcripts available — Management commentary in the Q4 call (transcripts posted) will be watched for backlog cadence, margins and working‑capital commentary; useful for modeling but not a single directional shock. Primoris Services Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Legal matter — A storm‑restoration lawsuit vs. FirstEnergy was transferred to Ohio federal court; outcome/timing unclear so near‑term investor impact is uncertain. Judge transfers Primoris storm restoration lawsuit against FirstEnergy to Ohio federal court
• Negative Sentiment: Analyst caution — Mizuho raised its PT to $143 but kept a “neutral” rating; that level implies downside from current price and may cap near‑term upside for some investors. Benzinga
• Negative Sentiment: Mixed analyst signals — DA Davidson reiterated a “buy” but kept a $150 target (below current levels), underscoring divergent analyst views that can add short‑term volatility. Benzinga

About Primoris Services

Primoris Services Corporation is a diversified infrastructure construction company that provides a wide range of specialty contracting services across North America. The company’s operations span pipe fabrication, pipeline construction, mechanical and electrical installations, civil and structural work, and maintenance services. Primoris serves clients in the energy, utility, transportation, water and wastewater, and industrial markets, delivering turnkey solutions from design and engineering through construction and operations support.

Within its two primary business segments—Pipeline & Facility and Civil & Utility—Primoris offers pipeline installation, compressor station construction, pump station projects, and above-ground facility work.