Stock events for Primoris Services Corp. (PRIM)
Primoris's stock price increased approximately 135.13% over the past six months. The stock's 52-week low was $49.10 on April 7, 2025, and the 52-week high was $142.84 on October 9, 2025. The Q2 2025 earnings report showed revenue of $1.89 billion and adjusted EPS of $1.68, leading to a 15% jump in share price. Koti Vadlamudi was appointed as the new President and Chief Executive Officer, effective November 10, 2025. Analyst firms initiated or reiterated positive coverage with buy ratings and price target adjustments.
Demand Seasonality affecting Primoris Services Corp.’s stock price
Demand for Primoris Services Corp.'s products and services experiences seasonality. The Energy/Renewables segment has historically observed normal seasonality in the fourth quarter. The Utilities segment's revenue can be impacted by storm restoration work. Construction and infrastructure projects often imply higher activity during warmer months and potential slowdowns due to adverse weather conditions in certain regions.
Overview of Primoris Services Corp.’s business
Primoris Services Corp. is a specialty contractor and infrastructure solutions provider operating in the United States and Canada. The company operates within the Industrials sector, providing construction, fabrication, maintenance, replacement, and engineering services. The Utilities segment focuses on installation and maintenance of natural gas, electric utility, and communications systems. The Energy segment offers engineering, procurement, construction, and maintenance services to renewable energy, petroleum, and transportation clients.
PRIM’s Geographic footprint
Primoris Services Corp. primarily conducts its operations across the United States and Canada.
PRIM Corporate Image Assessment
Primoris Services Corp. maintains a strong brand reputation through its culture of safety and consistent execution. The company has received industry recognition, including being named a Top Solar Contractor and Utility Contractor by Engineering News-Record. The company has acknowledged a nationwide recruitment fraud scam impacting several companies, including Primoris, which it actively works to combat.
Ownership
Primoris Services Corp. has significant institutional ownership, with 97.18% of the company owned by institutional shareholders including Vanguard Group Inc. and BlackRock, Inc. Brian Pratt is the largest individual shareholder, holding 2.78 million shares, representing 5.15% of the company.
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$143.27