UBS Group Boosts Primoris Services (NASDAQ:PRIM) Price Target to $176.00

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

Several other analysts have also weighed in on the company. Mizuho upped their price objective on Primoris Services from $128.00 to $143.00 and gave the company a “neutral” rating in a report on Wednesday. KeyCorp boosted their price target on shares of Primoris Services from $154.00 to $159.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 5th. JPMorgan Chase & Co. raised their price objective on shares of Primoris Services from $143.00 to $165.00 and gave the company a “neutral” rating in a research report on Wednesday. Wells Fargo & Company began coverage on shares of Primoris Services in a report on Friday, November 14th. They issued an “equal weight” rating and a $138.00 target price on the stock. Finally, Jefferies Financial Group restated a “buy” rating and set a $161.00 target price on shares of Primoris Services in a report on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $151.20.

Primoris Services Stock Down 0.3%

NASDAQ:PRIM traded down $0.47 during mid-day trading on Wednesday, reaching $151.45. The stock had a trading volume of 860,877 shares, compared to its average volume of 759,565. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.38 and a quick ratio of 1.38. The company has a market capitalization of $8.18 billion, a price-to-earnings ratio of 50.28 and a beta of 1.37. Primoris Services has a 1-year low of $49.10 and a 1-year high of $174.43. The stock’s 50 day simple moving average is $144.43 and its two-hundred day simple moving average is $132.97.

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 the consensus estimate of $0.95 by $0.13. The firm had revenue of $1.86 billion for the quarter, compared to analyst estimates 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 last year, the company earned $1.13 earnings per share. Primoris Services has set its FY 2026 guidance at 5.800-6.000 EPS. Equities analysts anticipate that Primoris Services will post 3.26 EPS for the current year.

Insider Transactions at Primoris Services

In other news, Director Carla S. Mashinski sold 2,082 shares of the business’s stock in a transaction on 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 transaction, the director owned 21,530 shares of the company’s stock, valued at $2,909,564.20. The trade was a 8.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John P. Schauerman sold 7,815 shares of the business’s stock in a transaction 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 completion of the sale, 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 disclosure for this sale is available in the SEC filing. 1.40% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. SBI Securities Co. Ltd. raised its position in Primoris Services by 224.2% during the 3rd quarter. SBI Securities Co. Ltd. now owns 214 shares of the construction company’s stock worth $29,000 after purchasing an additional 148 shares during the last quarter. Harbour Investments Inc. bought a new position in shares of Primoris Services during the fourth quarter worth about $33,000. Osterweis Capital Management Inc. bought a new position in shares of Primoris Services during the second quarter worth about $34,000. Blue Bell Private Wealth Management LLC acquired a new position in shares of Primoris Services in the third quarter worth approximately $37,000. Finally, Cullen Frost Bankers Inc. acquired a new stake in Primoris Services during the 3rd quarter valued at approximately $37,000. Institutional investors own 91.82% of the company’s stock.

Primoris Services News Roundup

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

Primoris Services Company Profile

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.