Value Holdings Management CO. LLC Makes New $39.59 Million Investment in Primoris Services Corporation $PRIM

Value Holdings Management CO. LLC purchased a new stake in Primoris Services Corporation (NYSE:PRIM) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 399,443 shares of the company’s stock, valued at approximately $39,593,000. Primoris Services makes up about 6.6% of Value Holdings Management CO. LLC’s investment portfolio, making the stock its 5th largest holding.

Several other institutional investors have also recently made changes to their positions in PRIM. Root Financial Partners LLC boosted its position in shares of Primoris Services by 43.1% during the 1st quarter. Root Financial Partners LLC now owns 229 shares of the company’s stock worth $33,000 after purchasing an additional 69 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in shares of Primoris Services in the 2nd quarter valued at about $26,000. Harbour Investments Inc. bought a new stake in Primoris Services in the 4th quarter valued at about $33,000. Salomon & Ludwin LLC bought a new stake in Primoris Services in the 4th quarter valued at about $44,000. Finally, Cullen Frost Bankers Inc. raised its stake in Primoris Services by 30.1% during the 4th quarter. Cullen Frost Bankers Inc. now owns 350 shares of the company’s stock worth $43,000 after buying an additional 81 shares during the period. Institutional investors and hedge funds own 91.82% of the company’s stock.

Primoris Services News Roundup

Here are the key news stories impacting Primoris Services this week:

• Negative Sentiment: The lawsuit alleges that Primoris made material misstatements or omissions about the costs, risks, estimating practices and project controls associated with significant fixed-price renewable-energy projects. Investors who purchased shares between August 5, 2025, and June 22, 2026, may seek lead-plaintiff status by September 21. Primoris Securities Fraud Class Action Lawsuit Filed
• Negative Sentiment: Several notices link the allegations to Primoris’ February 2026 outlook for adjusted EPS and adjusted EBITDA, claiming that known renewable-project cost overruns undermined that guidance. The notices cite a subsequent $23.39-per-share decline on June 23 after the company sharply reduced its outlook. PRIM Upcoming Deadline Notice
• Negative Sentiment: Investor-rights firms also say Primoris’ newly released second-quarter 2026 results and earnings call intensified scrutiny of the company’s renewable-project execution and financial outlook. The litigation creates potential legal costs, reputational damage and uncertainty around the profitability of fixed-price projects. Primoris Q2 Investor Alert
• Neutral Sentiment: The numerous August 19–20 announcements are largely duplicative reminders from different law firms seeking potential clients; they do not establish that Primoris committed wrongdoing. The case remains an allegation, and the September 21 deadline is procedural rather than a judgment against the company. Prim Investor Deadline Announcement

Primoris Services Stock Down 1.1%

Primoris Services stock opened at $79.03 on Friday. Primoris Services Corporation has a fifty-two week low of $65.00 and a fifty-two week high of $205.50. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.18 and a current ratio of 1.18. The firm’s 50-day simple moving average is $88.70 and its 200 day simple moving average is $123.80. The stock has a market cap of $4.25 billion, a PE ratio of 30.99 and a beta of 1.43.

Primoris Services (NYSE:PRIM) last posted its quarterly earnings data on Tuesday, August 4th. The company reported ($0.27) EPS for the quarter, beating the consensus estimate of ($0.35) by $0.08. Primoris Services had a net margin of 1.92% and a return on equity of 9.96%. The firm had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.73 billion. During the same quarter last year, the business posted $1.68 EPS. The company’s revenue for the quarter was down 10.7% on a year-over-year basis. Research analysts predict that Primoris Services Corporation will post 1.76 EPS for the current fiscal year.

Primoris Services Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.32 annualized dividend and a dividend yield of 0.4%. Primoris Services’s dividend payout ratio is currently 12.55%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Wolfe Research reiterated an “outperform” rating and issued a $149.00 price target on shares of Primoris Services in a report on Monday, June 15th. UBS Group restated a “neutral” rating on shares of Primoris Services in a report on Monday, August 10th. Needham & Company LLC lowered their target price on Primoris Services from $188.00 to $172.00 and set a “buy” rating on the stock in a research report on Monday, July 13th. JPMorgan Chase & Co. upgraded Primoris Services from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $105.00 to $116.00 in a report on Monday, June 29th. Finally, Wells Fargo & Company cut their target price on Primoris Services from $118.00 to $85.00 and set an “equal weight” rating on the stock in a report on Tuesday, June 23rd. Eleven analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $132.27.

Insider Buying and Selling

In related news, Director David Lee King sold 20,000 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $119.09, for a total transaction of $2,381,800.00. Following the completion of the sale, the director directly owned 14,941 shares of the company’s stock, valued at approximately $1,779,323.69. This trade represents a 57.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider John M. Perisich sold 29,707 shares of Primoris Services stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $127.86, for a total value of $3,798,337.02. Following the sale, the insider owned 27,574 shares in the company, valued at $3,525,611.64. This trade represents a 51.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.10% of the company’s stock.

Primoris Services Profile

Primoris Services Corporation, a specialty contractor company, provides a range of construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. It operates through three segments: Utilities, Energy/Renewables, and Pipeline Services. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The Energy/Renewables segment provides a range of services, including engineering, procurement, and construction, as well as retrofits, highway and bridge construction, demolition, site work, soil stabilization, mass excavation, flood control, upgrades, repairs, outages, and maintenance services to renewable energy and energy storage, renewable fuels, petroleum, refining, and petrochemical industries, as well as state departments of transportation.