Primo Brands (NYSE:PRMB) Announces Earnings Results, Beats Expectations By $0.06 EPS

Primo Brands (NYSE:PRMB) posted its earnings results on Thursday. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.06, FiscalAI reports. The company had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.52 billion. Primo Brands had a positive return on equity of 12.52% and a negative net margin of 1.30%.Primo Brands’s revenue was up 11.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.13 earnings per share.

Primo Brands Trading Up 15.8%

Shares of PRMB opened at $22.73 on Friday. Primo Brands has a 1 year low of $14.36 and a 1 year high of $35.85. The company has a 50 day simple moving average of $18.25 and a two-hundred day simple moving average of $19.90. 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 firm has a market cap of $8.42 billion, a P/E ratio of -73.32, a price-to-earnings-growth ratio of 0.71 and a beta of 0.63.

Primo Brands Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 23rd. Investors of record on Friday, March 6th will be issued a $0.12 dividend. 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 payout ratio is presently -129.03%.

Hedge Funds Weigh In On Primo Brands

Several institutional investors have recently bought and sold shares of the stock. Viking Global Investors LP lifted its stake in Primo Brands by 17.5% in the 3rd quarter. Viking Global Investors LP now owns 23,033,970 shares of the company’s stock worth $509,051,000 after purchasing an additional 3,431,854 shares in the last quarter. Fuller & Thaler Asset Management Inc. increased its holdings in shares of Primo Brands by 189.5% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 14,454,637 shares of the company’s stock worth $236,333,000 after purchasing an additional 9,461,990 shares during the last quarter. Alyeska Investment Group L.P. lifted its position in shares of Primo Brands by 622.5% in the fourth quarter. Alyeska Investment Group L.P. now owns 6,219,575 shares of the company’s stock worth $101,690,000 after buying an additional 5,358,687 shares in the last quarter. Alliancebernstein L.P. lifted its position in shares of Primo Brands by 2,486.6% in the second quarter. Alliancebernstein L.P. now owns 5,867,110 shares of the company’s stock worth $173,784,000 after buying an additional 5,640,287 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in Primo Brands by 3.6% during the third quarter. Ameriprise Financial Inc. now owns 5,090,613 shares of the company’s stock valued at $112,503,000 after buying an additional 177,929 shares during the last quarter. 87.71% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on PRMB shares. Zacks Research cut shares of Primo Brands from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 4th. Mizuho reduced their target price on shares of Primo Brands from $28.00 to $24.00 and set an “outperform” rating for the company in a report on Thursday, January 8th. Morgan Stanley reiterated an “overweight” rating on shares of Primo Brands in a research note on Monday, January 5th. JPMorgan Chase & Co. reduced their price objective on Primo Brands from $23.00 to $21.00 and set an “overweight” rating for the company in a research note on Thursday, December 18th. Finally, Barclays lowered their target price on Primo Brands from $25.00 to $24.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 26th. Nine investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $26.50.

Key Primo Brands News

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

• Positive Sentiment: Q4 beat on earnings and revenue — Primo delivered $0.26 EPS (vs. consensus roughly $0.20–$0.22) and $1.55B revenue (vs. ~$1.52B), with revenue up ~11.2% year-over-year. The beats are the primary catalyst cited by analysts and the market. Primo Brands Reports 2025 Fourth Quarter and Full Year Results
• Positive Sentiment: Management tone and signs of a turnaround — earnings call/transcript and coverage highlight improving margin dynamics, cost discipline and encouraging operational trends that persuaded investors the company may be exiting its prior trough. Q4 2025 Earnings Call Transcript
• Positive Sentiment: Market reaction and momentum — coverage notes a ~16% intraday rally on heavy volume as investors repositioned into the name after the beat and turnaround commentary. Why Primo Brands Corporation’s (PRMB) Stock Is Up 15.94%
• Neutral Sentiment: Valuation and outlook context — post-rally valuation metrics (market cap, P/E ~18, PEG ~0.71) and analyst estimates are being re-priced; some coverage examines whether the move fully reflects sustainable improvement. A Look At Primo Brands (PRMB) Valuation After Recent Share Price Momentum
• Negative Sentiment: Profitability and balance-sheet cautions — despite EPS beat and positive ROE, the company still reported a negative net margin (~-1.3%) and carries meaningful leverage (debt-to-equity ~1.59), which are ongoing risks if margin recovery stalls. Q4 Earnings and Revenues Beat Estimates

Primo Brands declared that its board has authorized a stock buyback program on Monday, November 10th that allows the company to repurchase $50.00 million in shares. This repurchase authorization allows the company to repurchase up to 0.9% of its stock through open market purchases. Stock repurchase programs are often 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.