Legato Capital Management LLC Invests $1.09 Million in Primerica, Inc. $PRI

25 May 2026, 05:43 by Doug Wharley · The Cerbat Gem

Legato Capital Management LLC acquired a new position in shares of Primerica, Inc. (NYSE:PRI – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 4,212 shares of the financial services provider’s stock, valued at approximately $1,088,000.

Other large investors also recently modified their holdings of the company. Vista Investment Partners II LLC acquired a new stake in shares of Primerica during the 4th quarter worth approximately $1,685,000. First Trust Advisors LP grew its position in shares of Primerica by 12.4% during the 3rd quarter. First Trust Advisors LP now owns 492,083 shares of the financial services provider’s stock worth $136,597,000 after buying an additional 54,158 shares during the period. M&T Bank Corp grew its position in shares of Primerica by 1,155.8% during the 4th quarter. M&T Bank Corp now owns 32,137 shares of the financial services provider’s stock worth $8,303,000 after buying an additional 29,578 shares during the period. Prana Capital Management LP grew its position in Primerica by 22.8% in the 3rd quarter. Prana Capital Management LP now owns 66,916 shares of the financial services provider’s stock valued at $18,575,000 after purchasing an additional 12,432 shares during the period. Finally, Moran Wealth Management LLC increased its stake in Primerica by 168.6% during the 4th quarter. Moran Wealth Management LLC now owns 20,522 shares of the financial services provider’s stock valued at $5,302,000 after purchasing an additional 12,881 shares in the last quarter. Institutional investors and hedge funds own 90.88% of the company’s stock.

Primerica Trading Up 0.1%

Shares of PRI stock opened at $280.05 on Monday. The firm has a market capitalization of $8.73 billion, a PE ratio of 11.74 and a beta of 0.91. The firm has a fifty day simple moving average of $265.68 and a two-hundred day simple moving average of $261.28. Primerica, Inc. has a 12 month low of $230.09 and a 12 month high of $288.03.

Primerica (NYSE:PRI – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $5.96 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.45 by $0.51. The firm had revenue of $872.30 million for the quarter, compared to the consensus estimate of $855.36 million. Primerica had a net margin of 22.99% and a return on equity of 32.32%. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $5.02 EPS. On average, equities analysts predict that Primerica, Inc. will post 24.42 earnings per share for the current fiscal year.

Primerica Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Thursday, May 21st will be issued a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Thursday, May 21st. Primerica’s payout ratio is 20.13%.

Wall Street Analyst Weigh In

A number of brokerages have commented on PRI. TD Cowen restated a “buy” rating on shares of Primerica in a research note on Wednesday, January 28th. Keefe, Bruyette & Woods boosted their price target on shares of Primerica from $290.00 to $305.00 and gave the company a “market perform” rating in a research note on Wednesday, May 13th. Zacks Research lowered shares of Primerica from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 24th. Morgan Stanley boosted their price target on shares of Primerica from $280.00 to $291.00 and gave the company an “equal weight” rating in a research note on Thursday. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Primerica in a research note on Wednesday, May 6th. Three equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $297.80.

Read Our Latest Research Report on Primerica

Insider Buying and Selling at Primerica

In related news, President Peter W. Schneider sold 1,800 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $279.64, for a total value of $503,352.00. Following the transaction, the president directly owned 9,811 shares of the company’s stock, valued at approximately $2,743,548.04. The trade was a 15.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.63% of the company’s stock.

Primerica Profile

(Free Report)

Primerica, Inc is a financial services company that focuses on delivering term life insurance and investment products to middle-income households in the United States and Canada. The firm operates a network of independent, licensed representatives who provide personalized guidance on coverage needs, retirement planning, and wealth accumulation. Primerica’s core mission is to help clients obtain affordable life insurance protection while also offering a suite of savings and investment solutions designed for long-term financial security.

In addition to term life insurance, Primerica offers a range of financial products and services that include mutual funds, annuities, auto and home insurance through partner carriers, and personal lending solutions such as secured and unsecured loans.