Renaissance Technologies LLC Buys 570,468 Shares of Perimeter Solutions, SA $PRM

Renaissance Technologies LLC grew its stake in shares of Perimeter Solutions, SA (NYSE:PRM) by 2,744.1% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 591,257 shares of the company’s stock after purchasing an additional 570,468 shares during the quarter. Renaissance Technologies LLC’s holdings in Perimeter Solutions were worth $14,438,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Arax Advisory Partners raised its stake in shares of Perimeter Solutions by 122.8% during the 4th quarter. Arax Advisory Partners now owns 1,047 shares of the company’s stock worth $29,000 after purchasing an additional 577 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Perimeter Solutions by 51.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,143 shares of the company’s stock valued at $31,000 after buying an additional 389 shares in the last quarter. EverSource Wealth Advisors LLC bought a new position in shares of Perimeter Solutions in the second quarter valued at $42,000. Comerica Bank increased its holdings in Perimeter Solutions by 45.0% during the first quarter. Comerica Bank now owns 4,267 shares of the company’s stock worth $43,000 after buying an additional 1,324 shares during the last quarter. Finally, Larson Financial Group LLC increased its holdings in Perimeter Solutions by 55.7% during the fourth quarter. Larson Financial Group LLC now owns 2,514 shares of the company’s stock worth $69,000 after buying an additional 899 shares during the last quarter. Institutional investors and hedge funds own 89.93% of the company’s stock.

Insider Activity at Perimeter Solutions

In other news, CEO Haitham Khouri sold 117,511 shares of the firm’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $31.19, for a total transaction of $3,665,168.09. Following the completion of the sale, the chief executive officer owned 1,874,615 shares in the company, valued at approximately $58,469,241.85. This trade represents a 5.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, major shareholder Windacre Partnership Llc sold 3,393,479 shares of Perimeter Solutions stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $34.66, for a total transaction of $117,617,982.14. Following the sale, the insider directly owned 18,461,121 shares of the company’s stock, valued at $639,862,453.86. The trade was a 15.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 6,385,514 shares of company stock valued at $217,464,393 over the last three months. Company insiders own 13.10% of the company’s stock.

Key Stories Impacting Perimeter Solutions

Here are the key news stories impacting Perimeter Solutions this week:

• Positive Sentiment: Perimeter Solutions reported second-quarter adjusted EBITDA of $105.6 million and adjusted net income of $59.6 million. Management said continued execution of its value drivers and recent acquisitions supported the results. Perimeter Solutions Reports Second Quarter 2026 Financial Results
• Positive Sentiment: The company acquired Monaco Enterprises, a provider of proprietary life-safety and emergency-management systems for U.S. government facilities. The deal expands Perimeter’s portfolio of mission-critical products and services and could provide another source of future growth. Perimeter Solutions Reports Second Quarter 2026 Financial Results
• Neutral Sentiment: During the earnings call, management discussed the quarter’s operating performance, value-driver initiatives and the impact of recent acquisitions. Investors will likely focus on whether these initiatives can sustain adjusted EBITDA growth and improve overall earnings. Perimeter Solutions Q2 2026 Earnings Call Transcript
• Negative Sentiment: Adjusted earnings were $0.35 per diluted share, below the $0.43 analyst consensus and down from $0.39 a year earlier. Revenue of $213.81 million also missed the $216.89 million estimate, reinforcing concerns about near-term operating performance. Perimeter Solutions Lags Q2 Earnings and Revenue Estimates
• Negative Sentiment: The company recorded a $181.6 million net loss and a $1.11 loss per diluted share, contrasting with its positive adjusted results. The sizable GAAP loss may have amplified investor concerns about earnings quality and the company’s path to consistent profitability. Perimeter Solutions Reports Second Quarter 2026 Financial Results

Perimeter Solutions Stock Down 17.7%

PRM opened at $30.63 on Friday. Perimeter Solutions, SA has a 1-year low of $15.43 and a 1-year high of $38.17. The stock’s fifty day simple moving average is $33.94 and its 200 day simple moving average is $29.34. The company has a current ratio of 3.09, a quick ratio of 1.61 and a debt-to-equity ratio of 1.01. The stock has a market cap of $5.00 billion, a PE ratio of -22.86 and a beta of 1.90.

Perimeter Solutions (NYSE:PRM) last announced its quarterly earnings results on Friday, July 31st. The company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.08). Perimeter Solutions had a negative net margin of 26.93% and a positive return on equity of 18.29%. The business had revenue of $213.81 million for the quarter, compared to analyst estimates of $216.89 million. As a group, research analysts expect that Perimeter Solutions, SA will post 1.66 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have issued reports on PRM. Wall Street Zen lowered shares of Perimeter Solutions from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Weiss Ratings raised shares of Perimeter Solutions from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday. JPMorgan Chase & Co. started coverage on shares of Perimeter Solutions in a research note on Thursday, July 9th. They set an “overweight” rating and a $50.00 price objective on the stock. UBS Group upped their target price on shares of Perimeter Solutions from $30.00 to $34.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Finally, Morgan Stanley raised their target price on shares of Perimeter Solutions from $35.00 to $40.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Perimeter Solutions presently has a consensus rating of “Moderate Buy” and a consensus target price of $43.00.

Perimeter Solutions Company Profile

Perimeter Solutions Ltd. (NYSE: PRM) is a global specialty chemicals company focused on delivering performance-driven solutions for the oil and gas, coatings, plastics, water treatment and packaging markets. Established as an independent publicly traded company in December 2019 following its spin-off from NewMarket Corporation, Perimeter Solutions has positioned itself as a leading provider of highly engineered chemical products designed to optimize upstream oil recovery, protect infrastructure and enhance the performance of industrial processes.

The company’s core product portfolio spans several key segments.