Primoris Services Corporation (PRIM)

Over the past six months, Primoris Services Corp. stock has experienced significant movement, with a 61.45% increase from January 2, 2025, to December 31, 2025. In Q3 2025, Primoris reported strong earnings, exceeding forecasts, but the stock price declined in after-hours trading. Analyst ratings have been mixed, with upgrades from Guggenheim and downgrades from Wall Street Zen and JP Morgan. Insider selling has also been observed.

Demand for Primoris Services Corp.'s products and services exhibits some seasonality, particularly within its Utilities segment. The company's management considers historical trends, anticipated seasonal impacts, and customer demand when estimating its Master Service Agreement (MSA) backlog. Primoris benefits from long-term growth trends in utility infrastructure, renewables, and energy EPC, ensuring sustained demand across its core markets.

Primoris Services Corp. is a specialty contractor providing critical infrastructure services in the United States and Canada, operating in construction and engineering, energy infrastructure, and utilities sectors. The company specializes in construction, maintenance, replacement, fabrication, and engineering services, focusing on pipelines for natural gas, wastewater, and water. Primoris installs and maintains natural gas distribution, electric utility, and communications systems, while also providing EPC services for renewable energy, renewable fuels, and the petroleum industry. Additionally, they undertake highway and bridge construction, demolition, site work, soil stabilization, mass excavation, flood control, upgrades, repairs, outages, and pipeline construction and maintenance, including pipeline integrity services. Primoris enhances its utility-scale solar construction operations with electrical balance of system (eBOS) solutions, battery storage, and operation and maintenance services.

Primoris Services Corp. operates extensively throughout the United States and Canada.

In the past year, Primoris Services Corp. has maintained a strong brand reputation, particularly within the solar energy sector. The company was recognized as a top solar EPC contractor and demonstrated a strong safety culture with a TRIR significantly below the industry average. Primoris has also been recognized by Forbes on lists such as Best Mid-Cap Companies and America's Best Companies.

Primoris Services Corp. has a significant institutional ownership base, with 832 institutional owners holding a total of 63,881,589 shares. The institutional ownership percentage slightly decreased to 92.2% in September 2025 from 95.7% in June 2025. Individual insiders hold a smaller portion, approximately 0.835% or 459,658 shares.