SEC Form SC 13G/A filed by Primo Water Corporation (Amendment)

$PRMW
Beverages (Production/Distribution)
Consumer Staples
Get the next $PRMW alert in real time by email
SC 13G/A 1 filing.txt SCHEDULE 13G Amendment No.1 PRIMO WATER CORP COMMON STOCK Cusip #74167P108 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #74167P108 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 9,514,322 Item 6: 0 Item 7: 9,616,041 Item 8: 0 Item 9: 9,616,041 Item 11: 5.980% Item 12: HC Cusip #74167P108 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 9,616,041 Item 8: 0 Item 9: 9,616,041 Item 11: 5.980% Item 12: IN Item 1(a). Name of Issuer: PRIMO WATER CORP Item 1(b). Address of Issuer's Principal Executive Offices: 1150 ASSEMBLY DR., SUITE 800 TAMPA, FL 33607 USA Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 74167P108 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 9,616,041 (b) Percent of Class: 5.980% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 9,616,041 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of PRIMO WATER CORP. No one other person's interest in the COMMON STOCK of PRIMO WATER CORP is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing orinfluencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. February 9, 2023 Date /s/ Stephanie J. Brown Signature Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. Exhibit A Pursuant to the instructions in Item 7 of Schedule 13G, the following table lists the identity and Item 3 classification, if applicable, of each relevant entity that beneficially owns shares of the security class being reported on this Schedule 13G. Entity ITEM 3 Classification FIAM LLC IA Fidelity Institutional Asset Management Trust Company BK Fidelity Management & Research Company LLC IA Abigail P. Johnson is a Director, the Chairman and the Chief Executive Officer of FMR LLC. Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC. The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares. Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC. This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the "FMR Reporters"). This filing does not reflect securities, if any, beneficially owned by certain other companies whose beneficial ownership of securities is disaggregated from that of the FMR Reporters in accordance with Securities and Exchange Commission Release No. 34-39538 (January 12, 1998). RULE 13d-1(k)(1) AGREEMENT The undersigned persons, on February 9, 2023, agree and consent to the joint filing on their behalf of this Schedule 13G in connection with their beneficial ownership of the COMMON STOCK of PRIMO WATER CORP at December 30, 2022. FMR LLC By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* Abigail P. Johnson By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January, 26, 2023, by and on behalf of Abigail P. Johnson** * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.
Get the next $PRMW alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$PRMW

DatePrice TargetRatingAnalyst
10/24/2024Outperform
William Blair
10/2/2024Outperform → Mkt Perform
Raymond James
4/3/2024$21.00Strong Buy → Outperform
Raymond James
2/24/2023Sector Outperform → Neutral
CIBC
2/25/2022$21.00 → $18.00Buy
Citigroup
11/5/2021$20.00 → $21.00Outperform
RBC Capital
8/6/2021$19.00 → $20.00Outperform
RBC Capital
More analyst ratings

$PRMW
Press Releases

Fastest customizable press release news feed in the world

See more
  • Primo Brands Announces Date for Fourth Quarter 2024 Earnings Release and Conference Call

    TAMPA, Fla., Jan. 28, 2025 /PRNewswire/ - Primo Brands Corporation (NYSE:PRMB) ("Primo Brands" or the "Company"), today announced that the Company will release its fourth quarter ended December 31, 2024 financial results before the markets open on Thursday, February 20, 2025. Primo Brands will host a conference call, to be simultaneously webcast, on Thursday, February 20, 2025 at 10:00 a.m. Eastern Time. A question-and-answer session will follow management's presentation. To participate, please call the following numbers:  Details for the Earnings Conference Call: Date: Februa

    $PRMB
    $PRMW
    Beverages (Production/Distribution)
    Consumer Staples
  • PRIMO BRANDS CORPORATION ANNOUNCES SUCCESSFUL COMPLETION OF MERGER OF PRIMO WATER AND BLUETRITON BRANDS

    Company will trade on the NYSE under the symbol "PRMB" on November 11, 2024 Declares Quarterly Dividend TAMPA, Fla. and STAMFORD, Conn., Nov. 8, 2024 /PRNewswire/ - Primo Brands Corporation (NYSE:PRMB) ("Primo Brands" or the "Company") today announced the successful completion of the merger (the "Transaction") of Primo Water Corporation ("Primo Water") and an affiliate of BlueTriton Brands, Inc. ("BlueTriton"), creating Primo Brands, a leading branded beverage company in North America with a focus on healthy hydration. "I am honored to lead our combined company and our team of world-class associates," said Robbert Rietbroek, Chief Executive Officer of Primo Bran

    $PRMW
    Beverages (Production/Distribution)
    Consumer Staples
  • Primo Water Reports Third Quarter 2024 Results and Expects to Close Transaction with BlueTriton Brands on November 8, 2024

    Revenue of $511 million, increased 8.8%, including 7.4% contribution from organic growth Gross margin of 64.7%, increased 20 bps, and net income increased to $38 million Adjusted EBITDA of $125 million, increased 11.4%, and Adjusted EBITDA margin of 24.4%, increased 60 bpsExpected to begin trading on November 11th as Primo Brands (NYSE:PRMB)TAMPA, FL, Nov. 7, 2024 /PRNewswire/ - Primo Water Corporation (NYSE:PRMW) (TSX:PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America, today announced its results for the third quarter ended September 28, 2024.

    $PRMW
    Beverages (Production/Distribution)
    Consumer Staples

$PRMW
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$PRMW
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

See more

$PRMW
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$PRMW
SEC Filings

See more

$PRMW
Leadership Updates

Live Leadership Updates

See more
  • PRIMO WATER ANNOUNCES APPOINTMENT OF ROBBERT RIETBROEK AS CEO

    TAMPA, Fla., Nov. 15, 2023 /PRNewswire/ - Primo Water Corporation (NYSE:PRMW) (TSX:PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions direct to consumers in North America and Europe, today announced that Primo Water's Board of Directors has appointed Robbert Rietbroek as Chief Executive Officer and to the Board of Directors, effective January 1,  2024. The appointment concludes a comprehensive CEO search process, launched by the Board following Tom Harrington's decision to retire, with the mandate to appoint a highly capable leader with extensive product innovation, operational and transformational experience, capable of further driving growth

    $PRMW
    Beverages (Production/Distribution)
    Consumer Staples
  • Primo Water Announces CEO Retirement and Transition Plan

    Tom Harrington Intends to Retire as Primo Water CEO Will Continue to Serve as CEO Until a Successor is Appointed Board Commences Search to Identify Company's Next CEO TAMPA, Fla., May 31, 2023 /PRNewswire/ - Primo Water Corporation (NYSE:PRMW) (TSX:PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America and Europe, today announced that Tom Harrington, Chief Executive Officer ("CEO") and a member of the Company's Board of Directors ("the Board") since January 2019, has informed the Board that he intends to retire as th

    $PRMW
    Beverages (Production/Distribution)
    Consumer Staples
  • Primo Water Appoints Eric J. Foss to Its Board of Directors

    Brings Broad-Based Leadership and Experience Running Global, Scale Beverage and Route-Based Businesses TAMPA, Fla., March 16, 2023 /PRNewswire/ - Primo Water Corporation (NYSE:PRMW) (TSX:PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America and Europe, today announced that Eric J. Foss has been appointed to Primo Water's Board of Directors (the "Board"), effective immediately. Mr. Foss's appointment is part of the Board's ongoing refreshment process and follows a thorough search and selection initiative led by the Board's ESG and Nominating Committee with the assistance of a nationally recognized executive search firm.

    $PRMW
    Beverages (Production/Distribution)
    Consumer Staples

$PRMW
Financials

Live finance-specific insights

See more
  • Primo Brands Announces Date for Fourth Quarter 2024 Earnings Release and Conference Call

    TAMPA, Fla., Jan. 28, 2025 /PRNewswire/ - Primo Brands Corporation (NYSE:PRMB) ("Primo Brands" or the "Company"), today announced that the Company will release its fourth quarter ended December 31, 2024 financial results before the markets open on Thursday, February 20, 2025. Primo Brands will host a conference call, to be simultaneously webcast, on Thursday, February 20, 2025 at 10:00 a.m. Eastern Time. A question-and-answer session will follow management's presentation. To participate, please call the following numbers:  Details for the Earnings Conference Call: Date: Februa

    $PRMB
    $PRMW
    Beverages (Production/Distribution)
    Consumer Staples
  • PRIMO BRANDS CORPORATION ANNOUNCES SUCCESSFUL COMPLETION OF MERGER OF PRIMO WATER AND BLUETRITON BRANDS

    Company will trade on the NYSE under the symbol "PRMB" on November 11, 2024 Declares Quarterly Dividend TAMPA, Fla. and STAMFORD, Conn., Nov. 8, 2024 /PRNewswire/ - Primo Brands Corporation (NYSE:PRMB) ("Primo Brands" or the "Company") today announced the successful completion of the merger (the "Transaction") of Primo Water Corporation ("Primo Water") and an affiliate of BlueTriton Brands, Inc. ("BlueTriton"), creating Primo Brands, a leading branded beverage company in North America with a focus on healthy hydration. "I am honored to lead our combined company and our team of world-class associates," said Robbert Rietbroek, Chief Executive Officer of Primo Bran

    $PRMW
    Beverages (Production/Distribution)
    Consumer Staples
  • Primo Water Reports Third Quarter 2024 Results and Expects to Close Transaction with BlueTriton Brands on November 8, 2024

    Revenue of $511 million, increased 8.8%, including 7.4% contribution from organic growth Gross margin of 64.7%, increased 20 bps, and net income increased to $38 million Adjusted EBITDA of $125 million, increased 11.4%, and Adjusted EBITDA margin of 24.4%, increased 60 bpsExpected to begin trading on November 11th as Primo Brands (NYSE:PRMB)TAMPA, FL, Nov. 7, 2024 /PRNewswire/ - Primo Water Corporation (NYSE:PRMW) (TSX:PRMW) (the "Company" or "Primo Water"), a leading provider of sustainable drinking water solutions in North America, today announced its results for the third quarter ended September 28, 2024.

    $PRMW
    Beverages (Production/Distribution)
    Consumer Staples

$PRMW
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more