primoris services corporation (nasdaq: prim), through various subsidiaries, has grown to become one of the largest construction service enterprises in the united states. serving diverse end markets, primoris provides a wide range of construction, fabrication, maintenance, replacement, water and wastewater, and engineering services to major public utilities, petrochemical companies, energy companies, municipalities, and other customers. since december 2009, primoris has more than doubled its size and the company's national footprint now extends throughout the continental united states and canada.
Company profile
Ticker
PRIM
Exchange
Website
CEO
Thomas McCormick
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Rhapsody Acquisition Corp.
SEC CIK
Corporate docs
Subsidiaries
ARB, Inc. • ARB Chile, Ltda. • B Comm Constructors, LLC • Cardinal Contractors, Inc. • Comtrac Services, LLC • Edison Power Constructors, Inc. • Future Infrastructure Holdings, LLC • Future Infrastructure, LLC • Future Telecom Purchaser, LLC • James Construction Group, LLC ...
PRIM stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
22 Mar 24
DEF 14A
Definitive proxy
22 Mar 24
10-K
2023 FY
Annual report
26 Feb 24
8-K
Primoris Services Corporation Reports Fourth Quarter and Full Year 2023 Results
26 Feb 24
10-Q
2023 Q3
Quarterly report
7 Nov 23
8-K
Primoris Services Corporation Reports Third Quarter 2023 Results
7 Nov 23
10-Q
2023 Q2
Quarterly report
7 Aug 23
8-K/A
Primoris Services Corporation Reports Second Quarter 2023 Results
7 Aug 23
8-K
Primoris Services Corporation Reports Second Quarter 2023 Results
7 Aug 23
8-K
Departure of Directors or Certain Officers
26 May 23
Transcripts
PRIM
Earnings call transcript
2023 Q4
27 Feb 24
PRIM
Earnings call transcript
2023 Q3
8 Nov 23
PRIM
Earnings call transcript
2023 Q2
8 Aug 23
PRIM
Earnings call transcript
2023 Q1
10 May 23
PRIM
Earnings call transcript
2022 Q4
28 Feb 23
PRIM
Earnings call transcript
2022 Q3
8 Nov 22
PRIM
Earnings call transcript
2022 Q2
9 Aug 22
PRIM
Earnings call transcript
2022 Q1
10 May 22
PRIM
Earnings call transcript
2021 Q4
1 Mar 22
PRIM
Earnings call transcript
2021 Q3
10 Nov 21
Latest ownership filings
144
Notice of proposed sale of securities
22 Mar 24
4
John P. Schauerman
21 Mar 24
144
Notice of proposed sale of securities
21 Mar 24
4
John P. Schauerman
18 Mar 24
144
Notice of proposed sale of securities
15 Mar 24
4
David Lee King
14 Mar 24
144
Notice of proposed sale of securities
13 Mar 24
4
TRAVIS L STRICKER
11 Mar 24
144
Notice of proposed sale of securities
7 Mar 24
4
TRAVIS L STRICKER
5 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Institutional ownership, Q3 2023
89.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 190 |
Opened positions | 33 |
Closed positions | 17 |
Increased positions | 62 |
Reduced positions | 70 |
13F shares | Current |
---|---|
Total value | 1.44 tn |
Total shares | 47.86 mm |
Total puts | 18.50 k |
Total calls | 26.30 k |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 5.23 mm | $171.20 bn |
BLK Blackrock | 4.94 mm | $161.60 bn |
Dimensional Fund Advisors | 3.49 mm | $114.10 bn |
BEN Franklin Resources | 2.92 mm | $95.60 bn |
Wellington Management | 2.52 mm | $82.61 bn |
Van Berkom & Associates | 2.12 mm | $69.52 mm |
FMR | 1.72 mm | $56.38 bn |
GW&K Investment Management | 1.62 mm | $52.83 bn |
IVZ Invesco | 1.52 mm | $49.76 bn |
STT State Street | 1.18 mm | $38.68 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Mar 24 | Schauerman John P. | Common Stock | Sell | Dispose S | Yes | No | 41.3072 | 20,000 | 826.14 k | 217,281 |
15 Mar 24 | Schauerman John P. | Common Stock | Sell | Dispose S | Yes | No | 40.612 | 20,000 | 812.24 k | 237,281 |
13 Mar 24 | David Lee King | Common Stock | Sell | Dispose S | No | No | 40.6856 | 2,500 | 101.71 k | 29,217 |
7 Mar 24 | Travis L Stricker | Common Stock | Sell | Dispose S | No | No | 40 | 7,500 | 300.00 k | 9,068 |
1 Mar 24 | Travis L Stricker | Common Stock | Payment of exercise | Dispose F | No | No | 39.64 | 1,722 | 68.26 k | 16,568 |
1 Mar 24 | Travis L Stricker | Common Stock | Grant | Acquire A | No | No | 0 | 748 | 0.00 | 18,290 |
1 Mar 24 | Travis L Stricker | Common Stock | Option exercise | Acquire M | No | No | 0 | 4,568 | 0.00 | 17,542 |
1 Mar 24 | Travis L Stricker | RSU Common Stock | Grant | Acquire A | No | No | 0 | 2,026 | 0.00 | 10,305 |
1 Mar 24 | Travis L Stricker | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 4,568 | 0.00 | 8,279 |
News
UBS Maintains Buy on Primoris Services, Raises Price Target to $63
5 Apr 24
4 Analysts Have This To Say About Primoris Services
4 Apr 24
Goldman Sachs Maintains Neutral on Primoris Services, Raises Price Target to $43
4 Apr 24
DA Davidson Maintains Buy on Primoris Services, Raises Price Target to $55
4 Apr 24
Goldman Sachs Maintains Neutral on Primoris Services, Raises Price Target to $38
29 Feb 24
Press releases
Primoris Services Corporation Schedules First Quarter 2024 Earnings Conference Call and Webcast
18 Apr 24
Primoris Services Corporation to Host 2024 Investor Day
2 Apr 24
Primoris Services Corporation to Provide Strategic Update and Financial Targets
6 Mar 24
Primoris Services Corporation Schedules Fourth Quarter and Full Year 2023 Earnings Conference Call and Webcast
8 Feb 24
Primoris Services Corporation Receives Projects Valued at Approximately $1.1 Billion
5 Feb 24