Primo Brands (PRMB) Projected to Release Earnings on Wednesday

Primo Brands (NYSE:PRMB) is expected to be posting its Q2 2026 results before the market opens on Wednesday, August 5th. Analysts expect the company to post earnings of $0.35 per share and revenue of $1.7651 billion for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 8:00 AM ET.

Primo Brands (NYSE:PRMB) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.01). Primo Brands had a return on equity of 13.98% and a net margin of 0.88%.The company had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same period in the prior year, the company earned $0.29 EPS. The company’s quarterly revenue was up .8% compared to the same quarter last year. On average, analysts expect Primo Brands to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Primo Brands Price Performance

Primo Brands stock opened at $23.50 on Wednesday. The firm has a market cap of $8.53 billion, a PE ratio of 167.82, a price-to-earnings-growth ratio of 1.93 and a beta of 0.73. The company has a debt-to-equity ratio of 1.72, a current ratio of 0.98 and a quick ratio of 0.79. The stock’s fifty day moving average price is $24.04 and its two-hundred day moving average price is $21.37. Primo Brands has a one year low of $14.36 and a one year high of $28.87.

Hedge Funds Weigh In On Primo Brands

Institutional investors have recently added to or reduced their stakes in the stock. Xponance LLC lifted its stake in Primo Brands by 4.2% in the 4th quarter. Xponance LLC now owns 13,114 shares of the company’s stock valued at $214,000 after purchasing an additional 528 shares during the last quarter. Picton Mahoney Asset Management grew its stake in shares of Primo Brands by 65.2% during the fourth quarter. Picton Mahoney Asset Management now owns 2,153 shares of the company’s stock worth $35,000 after buying an additional 850 shares during the last quarter. US Bancorp DE grew its stake in shares of Primo Brands by 47.2% during the third quarter. US Bancorp DE now owns 2,948 shares of the company’s stock worth $65,000 after buying an additional 945 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Primo Brands by 102.4% during the second quarter. EverSource Wealth Advisors LLC now owns 2,091 shares of the company’s stock worth $62,000 after buying an additional 1,058 shares in the last quarter. Finally, Wells Fargo & Company MN increased its holdings in shares of Primo Brands by 3.5% during the fourth quarter. Wells Fargo & Company MN now owns 31,041 shares of the company’s stock worth $508,000 after buying an additional 1,058 shares in the last quarter. 87.71% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on PRMB. Barclays increased their target price on Primo Brands from $25.00 to $27.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Royal Bank Of Canada set a $28.00 price target on Primo Brands in a research note on Thursday, April 9th. JPMorgan Chase & Co. upped their price objective on shares of Primo Brands from $26.00 to $29.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Wall Street Zen upgraded shares of Primo Brands from a “sell” rating to a “hold” rating in a research note on Saturday, May 23rd. Finally, Weiss Ratings upgraded shares of Primo Brands from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Nine research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $26.36.

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.