Teacher Retirement System of Texas Has $1.88 Million Position in Perimeter Solutions, SA $PRM

Market Beat
2025.11.04 08:29
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Teacher Retirement System of Texas reduced its stake in Perimeter Solutions, SA by 45.8% in Q2, owning 134,894 shares valued at $1.88 million. Other institutional investors also adjusted their positions, with Cullen Frost Bankers increasing its stake by 161.2%. Analysts have mixed ratings on PRM, with UBS raising its price target to $25.00. Perimeter Solutions reported Q3 earnings of $0.82 EPS, exceeding estimates, with revenue of $315.44 million. The stock opened at $23.59, with a market cap of $3.45 billion and a P/E ratio of 56.16.

Teacher Retirement System of Texas lessened its stake in Perimeter Solutions, SA (NYSE:PRM - Free Report) by 45.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 134,894 shares of the company's stock after selling 114,197 shares during the quarter. Teacher Retirement System of Texas owned 0.09% of Perimeter Solutions worth $1,878,000 at the end of the most recent reporting period.

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A number of other institutional investors have also made changes to their positions in the business. Cullen Frost Bankers Inc. raised its position in Perimeter Solutions by 161.2% during the second quarter. Cullen Frost Bankers Inc. now owns 3,124 shares of the company's stock worth $43,000 after acquiring an additional 1,928 shares in the last quarter. Comerica Bank boosted its stake in shares of Perimeter Solutions by 45.0% in the 1st quarter. Comerica Bank now owns 4,267 shares of the company's stock valued at $43,000 after purchasing an additional 1,324 shares in the last quarter. Xponance Inc. acquired a new stake in Perimeter Solutions during the 1st quarter worth approximately $101,000. Gilbert & Cook Inc. acquired a new stake in Perimeter Solutions during the 1st quarter valued at approximately $104,000. Finally, AlphaQuest LLC grew its position in shares of Perimeter Solutions by 65.1% during the 2nd quarter. AlphaQuest LLC now owns 8,235 shares of the company's stock worth $115,000 after buying an additional 3,246 shares during the period. Institutional investors own 89.93% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on PRM. UBS Group raised their price objective on Perimeter Solutions from $21.00 to $25.00 and gave the company a "buy" rating in a research note on Tuesday, September 30th. Zacks Research upgraded Perimeter Solutions from a "hold" rating to a "strong-buy" rating in a research report on Friday, October 24th. Morgan Stanley reaffirmed an "overweight" rating and issued a $27.00 price target on shares of Perimeter Solutions in a research note on Friday, October 17th. Wall Street Zen lowered shares of Perimeter Solutions from a "buy" rating to a "hold" rating in a report on Sunday, July 20th. Finally, Weiss Ratings reissued a "hold (c-)" rating on shares of Perimeter Solutions in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, Perimeter Solutions has an average rating of "Buy" and an average price target of $26.00.

Check Out Our Latest Report on PRM

Insider Transactions at Perimeter Solutions

In other news, CFO Kyle Sable sold 40,000 shares of the business's stock in a transaction on Friday, September 5th. The stock was sold at an average price of $22.05, for a total value of $882,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jeffrey Emery sold 300,000 shares of the business's stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $22.28, for a total value of $6,684,000.00. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 365,000 shares of company stock valued at $8,127,250. Corporate insiders own 10.00% of the company's stock.

Perimeter Solutions Price Performance

Shares of Perimeter Solutions stock opened at $23.59 on Tuesday. Perimeter Solutions, SA has a one year low of $8.76 and a one year high of $27.74. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.72 and a current ratio of 2.22. The stock has a market cap of $3.45 billion, a price-to-earnings ratio of 56.16 and a beta of 1.98. The stock has a 50 day moving average price of $22.13 and a 200-day moving average price of $16.95.

Perimeter Solutions (NYSE:PRM - Get Free Report) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.68 by $0.14. Perimeter Solutions had a return on equity of 17.33% and a net margin of 12.26%.The firm had revenue of $315.44 million during the quarter, compared to analyst estimates of $238.27 million. Equities analysts expect that Perimeter Solutions, SA will post 0.71 EPS for the current year.

Perimeter Solutions Company Profile

(Free Report)

Perimeter Solutions, SA manufactures and supplies firefighting products and lubricant additives in the United States, Germany, and internationally. It operates in two segments, Fire Safety and Specialty Products. The Fire Safety segment provides fire retardants and firefighting foams, as well as specialized equipment and services for federal, state, provincial, local/municipal, and commercial customers.

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