Gitterman Wealth Management LLC Lowers Stock Holdings in Perimeter Solutions, SA (NYSE:PRM)

Gitterman Wealth Management LLC lessened its holdings in Perimeter Solutions, SA (NYSE:PRM) by 10.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,389 shares of the company’s stock after selling 1,966 shares during the quarter. Gitterman Wealth Management LLC’s holdings in Perimeter Solutions were worth $209,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Catawba River Capital purchased a new stake in Perimeter Solutions in the fourth quarter worth about $7,658,000. Ieq Capital LLC purchased a new stake in shares of Perimeter Solutions during the fourth quarter valued at approximately $6,698,000. DF Dent & Co. Inc. increased its holdings in shares of Perimeter Solutions by 27.4% in the 3rd quarter. DF Dent & Co. Inc. now owns 2,341,963 shares of the company’s stock worth $31,499,000 after purchasing an additional 504,146 shares in the last quarter. FMR LLC boosted its holdings in shares of Perimeter Solutions by 2,993.1% during the 3rd quarter. FMR LLC now owns 307,426 shares of the company’s stock valued at $4,135,000 after acquiring an additional 297,487 shares during the last quarter. Finally, Pennant Select LLC raised its stake in Perimeter Solutions by 41.6% during the 3rd quarter. Pennant Select LLC now owns 814,000 shares of the company’s stock valued at $10,948,000 after buying an additional 239,000 shares during the last quarter. 89.93% of the stock is currently owned by hedge funds and other institutional investors.

Perimeter Solutions Stock Performance

Shares of NYSE PRM opened at $9.20 on Friday. The company has a current ratio of 3.91, a quick ratio of 2.95 and a debt-to-equity ratio of 0.67. The firm has a 50 day moving average of $11.61 and a 200 day moving average of $12.37. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of -65.67 and a beta of 1.93. Perimeter Solutions, SA has a 12-month low of $6.01 and a 12-month high of $14.44.

Perimeter Solutions (NYSE:PRM) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.21. The firm had revenue of $86.23 million for the quarter, compared to analysts’ expectations of $77.01 million. Perimeter Solutions had a negative net margin of 1.05% and a negative return on equity of 7.62%. On average, research analysts anticipate that Perimeter Solutions, SA will post 0.71 earnings per share for the current year.

Perimeter Solutions 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.