William Blair Investment Management LLC Increases Stock Position in Primo Brands Corporation $PRMB

William Blair Investment Management LLC lifted its position in shares of Primo Brands Corporation (NYSE:PRMB) by 11.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,834,384 shares of the company’s stock after buying an additional 1,231,701 shares during the period. Primo Brands makes up about 0.7% of William Blair Investment Management LLC’s holdings, making the stock its 27th biggest holding. William Blair Investment Management LLC’s holdings in Primo Brands were worth $261,540,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Primo Brands during the second quarter worth about $26,000. EverSource Wealth Advisors LLC grew its holdings in shares of Primo Brands by 102.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,091 shares of the company’s stock worth $62,000 after purchasing an additional 1,058 shares during the period. Byrne Asset Management LLC acquired a new stake in Primo Brands during the 3rd quarter worth approximately $47,000. 1620 Investment Advisors Inc. acquired a new stake in Primo Brands during the 3rd quarter worth approximately $54,000. Finally, Blue Trust Inc. purchased a new position in Primo Brands in the third quarter valued at approximately $57,000. Institutional investors and hedge funds own 87.71% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on PRMB. Barclays decreased their price objective on shares of Primo Brands from $25.00 to $24.00 and set an “overweight” rating for the company in a research note on Wednesday, November 26th. TD Securities increased their price target on Primo Brands from $27.00 to $29.00 and gave the company a “buy” rating in a report on Friday. Mizuho cut their price objective on Primo Brands from $28.00 to $24.00 and set an “outperform” rating on the stock in a research report on Thursday, January 8th. Weiss Ratings restated a “sell (d+)” rating on shares of Primo Brands in a research note on Monday, December 29th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $35.00 target price on shares of Primo Brands in a research note on Friday, January 23rd. Nine analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Primo Brands currently has a consensus rating of “Moderate Buy” and an average price target of $26.67.

Key Stories Impacting Primo Brands

Here are the key news stories impacting Primo Brands this week:

• Positive Sentiment: Q4 results beat expectations — Primo reported $0.26 EPS and $1.55B revenue (up ~11.2% YoY), topping consensus and signaling a turnaround that underpins the rally. Primo Brands Reports 2025 Fourth Quarter and Full Year Results
• Positive Sentiment: Market reaction: multiple outlets report a double‑digit intraday jump as the market priced in the swing to profits and improving top‑line momentum. Primo Brands (PRMB) Rockets 15% on Swing to Profits
• Positive Sentiment: Analyst upgrade: TD Securities raised its price target to $29 and reiterated a “buy” rating, citing the upside from current levels — this provides additional analyst support for further gains. BayStreet.CA
• Neutral Sentiment: Earnings call transcripts and coverage are live — Seeking Alpha/Yahoo transcripts provide management commentary and investor Q&A that will determine how durable the turnaround looks. Investors should read the call for margin drivers and outlook. Primo Brands Q4 2025 Earnings Call Transcript (Seeking Alpha)
• Neutral Sentiment: Valuation note: pieces analyzing valuation after the move highlight that momentum has pushed shares higher and investors should reassess multiples versus the company’s recovery assumptions. A Look At Primo Brands (PRMB) Valuation After Recent Share Price Momentum
• Negative Sentiment: Conflicting reports: at least one transcript source reported the quarter as a miss (negative EPS figure), creating short‑term noise and potential confusion for investors and traders. This can increase intraday volatility until reconciled. Primo Brands Q4 2025 Earnings Call Transcript (InsiderMonkey)
• Negative Sentiment: Structural risks remain — the company still shows a negative trailing net margin and carries leverage (debt/equity ~1.59); sustaining margin improvement and converting revenue growth to consistent net profit is key to maintaining the move. No link

Primo Brands Stock Performance

Primo Brands stock opened at $22.67 on Friday. Primo Brands Corporation has a 12-month low of $14.36 and a 12-month high of $35.85. The company has a debt-to-equity ratio of 1.59, a current ratio of 1.02 and a quick ratio of 0.86. The company has a market capitalization of $8.39 billion, a price-to-earnings ratio of 151.12, a price-to-earnings-growth ratio of 0.82 and a beta of 0.63. The firm’s fifty day moving average price is $18.38 and its 200 day moving average price is $19.87.

Primo Brands (NYSE:PRMB) last announced its earnings results on Thursday, February 26th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.06. Primo Brands had a return on equity of 14.24% and a net margin of 0.90%.The company had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period last year, the firm earned $0.13 earnings per share. The company’s revenue was up 11.2% on a year-over-year basis. On average, research analysts forecast that Primo Brands Corporation will post 1.13 EPS for the current fiscal year.

Primo Brands Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 23rd. Shareholders of record on Friday, March 6th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, March 6th. This represents a $0.48 dividend on an annualized basis and a yield of 2.1%. This is a boost from Primo Brands’s previous quarterly dividend of $0.10. Primo Brands’s dividend payout ratio (DPR) is 266.67%.

Primo Brands declared that its Board of Directors has initiated a stock buyback program on Monday, November 10th that permits the company to buyback $50.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 0.9% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Primo Brands Company Profile

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.