Primoris Services (PRIM) – Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Primoris Services (NYSE: PRIM) in the last few weeks:

• 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.
• 6/15/2026 – Primoris Services had its “outperform” rating reaffirmed by Wolfe Research. They now have a $149.00 price target on the stock.
• 6/9/2026 – Primoris Services had its “neutral” rating reaffirmed by Cantor Fitzgerald.
• 5/28/2026 – Primoris Services was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
• 5/19/2026 – Primoris Services had its price target raised by Cantor Fitzgerald from $113.00 to $124.00. They now have a “neutral” rating on the stock.
• 5/12/2026 – Primoris Services was downgraded by Zacks Research from “hold” to “strong sell”.
• 5/11/2026 – Primoris Services had its price target lowered by UBS Group AG from $212.00 to $186.00. They now have a “buy” rating on the stock.
• 5/11/2026 – Primoris Services was upgraded by Mizuho from “neutral” to “outperform”. They now have a $135.00 price target on the stock, down from $175.00.
• 5/8/2026 – Primoris Services had its price target lowered by Wells Fargo & Company from $168.00 to $118.00. They now have an “equal weight” rating on the stock.
• 5/8/2026 – Primoris Services had its price target lowered by Needham & Company LLC from $205.00 to $188.00. They now have a “buy” rating on the stock.
• 5/7/2026 – Primoris Services had its price target lowered by KeyCorp from $179.00 to $137.00. They now have an “overweight” rating on the stock.
• 5/6/2026 – Primoris Services was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 5/4/2026 – Primoris Services had its price target raised by UBS Group AG from $176.00 to $212.00. They now have a “buy” rating on the stock.

Primoris Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Tuesday, June 30th. Primoris Services’s dividend payout ratio (DPR) is presently 7.05%.

Insider Transactions at Primoris Services

In related news, Director David Lee King sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $119.09, for a total value of $2,381,800.00. Following the sale, the director owned 14,941 shares in the company, valued at $1,779,323.69. This represents a 57.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider John M. Perisich sold 29,707 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $127.86, for a total transaction of $3,798,337.02. Following the transaction, the insider directly owned 27,574 shares of the company’s stock, valued at $3,525,611.64. This represents a 51.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.10% of the company’s stock.

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.