Cwm LLC Has $165,000 Stake in Perimeter Solutions, SA (NYSE:PRM)

Cwm LLC raised its position in Perimeter Solutions, SA (NYSE:PRM) by 22.8% in the third quarter, HoldingsChannel.com reports. The fund owned 12,251 shares of the company’s stock after purchasing an additional 2,276 shares during the quarter. Cwm LLC’s holdings in Perimeter Solutions were worth $165,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the company. Fidelis Capital Partners LLC acquired a new stake in Perimeter Solutions in the 1st quarter valued at about $47,000. Lazard Asset Management LLC bought a new stake in Perimeter Solutions in the first quarter valued at approximately $78,000. SG Americas Securities LLC acquired a new stake in shares of Perimeter Solutions in the first quarter valued at approximately $86,000. Paloma Partners Management Co acquired a new stake in shares of Perimeter Solutions in the first quarter valued at approximately $87,000. Finally, Versor Investments LP bought a new position in shares of Perimeter Solutions during the 2nd quarter worth approximately $102,000. Institutional investors and hedge funds own 89.93% of the company’s stock.

Perimeter Solutions Trading Down 0.8 %

Shares of PRM stock opened at $13.19 on Thursday. Perimeter Solutions, SA has a 12-month low of $2.79 and a 12-month high of $13.73. The company has a market capitalization of $1.92 billion, a PE ratio of -57.35 and a beta of 2.02. The firm has a 50 day moving average price of $12.13 and a two-hundred day moving average price of $9.43. The company has a quick ratio of 1.87, a current ratio of 3.61 and a debt-to-equity ratio of 0.63.

Perimeter Solutions (NYSE:PRM) last announced its earnings results on Thursday, August 1st. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.11. The company had revenue of $127.28 million for the quarter, compared to analyst estimates of $113.41 million. Perimeter Solutions had a positive return on equity of 2.94% and a negative net margin of 14.12%. During the same quarter last year, the company earned ($0.05) earnings per share. As a group, analysts predict that Perimeter Solutions, SA will post 0.6 earnings per share for the current year.

Wall Street Analysts Forecast Growth

PRM has been the topic of a number of research analyst reports. Morgan Stanley increased their price target on Perimeter Solutions from $14.00 to $18.00 and gave the company an “overweight” rating in a research note on Monday, September 16th. UBS Group upped their price objective on shares of Perimeter Solutions from $8.75 to $11.00 and gave the company a “neutral” rating in a report on Friday, August 16th.

Perimeter Solutions Company Profile

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.