William Blair Investment Management LLC Boosts Holdings in Primo Brands Corporation $PRMB

William Blair Investment Management LLC grew 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 SEC. The fund owned 11,834,384 shares of the company’s stock after buying an additional 1,231,701 shares during the quarter. Primo Brands accounts for 0.7% of William Blair Investment Management LLC’s investment portfolio, making the stock its 27th largest holding. William Blair Investment Management LLC owned 3.17% of Primo Brands worth $261,540,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd purchased a new position in Primo Brands in the first quarter worth $229,000. Caxton Associates LLP purchased a new stake in shares of Primo Brands during the 1st quarter worth $266,000. Sumitomo Mitsui Trust Group Inc. acquired a new position in shares of Primo Brands during the 2nd quarter worth $255,000. Envestnet Asset Management Inc. increased its holdings in shares of Primo Brands by 453.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 261,823 shares of the company’s stock valued at $7,755,000 after purchasing an additional 214,507 shares in the last quarter. Finally, Teacher Retirement System of Texas increased its holdings in shares of Primo Brands by 9.1% in the 2nd quarter. Teacher Retirement System of Texas now owns 122,335 shares of the company’s stock valued at $3,624,000 after purchasing an additional 10,205 shares in the last quarter. Institutional investors and hedge funds own 87.71% of the company’s stock.

Primo Brands Trading Up 0.1%

Shares of PRMB opened at $22.67 on Friday. Primo Brands Corporation has a fifty-two week low of $14.36 and a fifty-two week high of $35.85. The company has a market capitalization of $8.39 billion, a PE ratio of 151.12, a price-to-earnings-growth ratio of 0.82 and a beta of 0.63. The stock has a fifty day moving average of $18.38 and a two-hundred day moving average of $19.87. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.86 and a current ratio of 1.02.

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

Primo Brands declared that its Board of Directors has approved a stock repurchase program on Monday, November 10th that authorizes the company to buyback $50.00 million in shares. This buyback authorization authorizes the company to buy up to 0.9% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Primo Brands Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 23rd. Stockholders of record on Friday, March 6th will be paid 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 dividend yield of 2.1%. This is an increase from Primo Brands’s previous quarterly dividend of $0.10. Primo Brands’s dividend payout ratio is currently 266.67%.

More Primo Brands News

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

Wall Street Analyst Weigh In

PRMB has been the subject of a number of research analyst reports. BMO Capital Markets reaffirmed an “outperform” rating and issued a $35.00 target price on shares of Primo Brands in a report on Friday, January 23rd. Mizuho dropped their price objective on Primo Brands from $28.00 to $24.00 and set an “outperform” rating for the company in a research note on Thursday, January 8th. Morgan Stanley reaffirmed an “overweight” rating on shares of Primo Brands in a report on Monday, January 5th. Barclays lowered their target price on Primo Brands from $25.00 to $24.00 and set an “overweight” rating on the stock in a report on Wednesday, November 26th. Finally, The Goldman Sachs Group dropped their price target on Primo Brands from $21.00 to $18.00 and set a “neutral” rating for the company in a research report on Tuesday, November 25th. Nine equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $26.67.

About Primo Brands

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.