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Patrick Industries (PATK): Wellington Group reports 1.62M-share, 4.94% passive stake

Wellington Management Group LLP, along with its affiliates, has reported an amended passive ownership of 1,623,974 shares, or 4.94%, of Patrick Industries (PATK) common stock as of June 30, 2026. The filing, a Schedule 13G/A, indicates that the shares are beneficially owned by clients …

Royal Bank of Canada Cuts Position in Patrick Industries, Inc. $PATK

Royal Bank of Canada significantly reduced its stake in Patrick Industries (NASDAQ:PATK) by 44.2% in the first quarter, selling over 39,000 shares but retaining 49,334 shares valued at $5.48 million. Despite this, institutional investors still hold 93.29% of the company's stock. Patrick Industries reported …

Analysts Offer Insights on Consumer Cyclical Companies: Patrick Industries (PATK) and ACV Auctions (ACVA)

Two analysts have issued bullish sentiments on Consumer Cyclical companies Patrick Industries (PATK) and ACV Auctions (ACVA). Benchmark Co. maintained a Buy rating on Patrick Industries with a $115.00 price target, while Needham reiterated a Buy rating on ACV Auctions with a $9.00 price …

(PATK) Volatility Zones as Tactical Triggers

Patrick Industries Inc. (NASDAQ: PATK) shows stable neutral readings in shorter horizons, potentially easing a long-term weak bias. The AI models have generated three distinct trading strategies: a Position Trading Strategy, a Momentum Breakout Strategy, and a Risk Hedging Strategy, each tailored for different …

LCI Industries advances merger with Patrick amid HSR review

LCI Industries (LCII) is moving forward with its merger with Patrick Industries, a two-step transaction announced on June 30, 2026. Both companies filed Hart-Scott-Rodino premerger notification forms, and the deal's completion depends on the expiration of the HSR waiting period and other closing conditions. …

Benchmark cuts Patrick Industries stock price target on lower shipment volumes

Benchmark has lowered its price target for Patrick Industries (NASDAQ:PATK) from $135 to $115, while maintaining a Buy rating, due to reduced shipment volumes in the recreational vehicle and manufactured housing sectors. The stock is currently trading near its 52-week low and has seen …

Patrick Industries files HSR notifications for proposed LCI mergers

Patrick Industries (PATK) has filed Hart-Scott-Rodino notifications regarding its planned two-step merger to acquire LCI Industries. This action follows a merger agreement where LCI will become a wholly owned subsidiary of Patrick Industries. The completion of the mergers is contingent upon the expiration or …

Truist cuts Patrick Industries stock price target on RV softness

Truist Securities has lowered its price target for Patrick Industries (NASDAQ:PATK) to $108 from $113, while maintaining a Buy rating, due to anticipated softness in the recreational vehicle market. The firm also reduced its adjusted EBITDA and EPS estimates for fiscal years 2026 and …

Patrick Industries (NASDAQ: PATK) files HSR notices in LCI merger plan

Patrick Industries (NASDAQ: PATK) has taken a procedural step in its previously announced merger with LCI Industries by filing Premerger Notification and Report Forms under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 on August 5, 2026. This filing with the Federal Trade Commission and …

Truist Adjusts Price Target on Patrick Industries to $108 From $113, Maintains Buy Rating

Truist has adjusted its price target for Patrick Industries (PATK) to $108, down from $113, while reiterating a Buy rating on the stock. This update comes as part of ongoing analyst coverage for the recreational vehicle, marine, powersports, and housing markets component provider. The …

Janus Henderson Group PLC Sells 20,347 Shares of Patrick Industries, Inc. $PATK

Janus Henderson Group PLC significantly reduced its stake in Patrick Industries (NASDAQ:PATK) by 58.6% in the first quarter, selling 20,347 shares and retaining 14,365 shares valued at $1.6 million. Despite this, institutional investors collectively own 93.29% of the company, and analysts maintain a "Moderate …

Patrick Industries (PATK) Completes Buyback As Earnings Rise On Flat Sales Is Its Strategy Shifting?

Patrick Industries (PATK) recently completed a significant share buyback program while reporting increased earnings on flat sales for the second quarter. This move, coupled with improved profitability, suggests a strategic shift towards capital returns and earnings per share growth rather than pure top-line revenue …

Patrick Industries, Inc. Revenue Breakdown – LS:873181

Patrick Industries, Inc. generated €3.36 billion in revenue last year, with its Manufacturing segment contributing the most at €2.52 billion. The majority of its revenue, €3.36 billion, came from operations in the United States and Canada. These figures indicate a slight decrease from the …

ETFs Investing in Patrick Industries, Inc. Stocks

This article lists various Exchange Traded Funds (ETFs) that hold stocks of Patrick Industries, Inc. (PK2), providing details such as market value, weight, issuer, management style, focus, expense ratio, and AUM for each ETF. The information helps investors understand which funds offer exposure to …

Patrick Industries, Inc. (NASDAQ:PATK) Given Average Rating of "Moderate Buy" by Brokerages

Patrick Industries, Inc. (NASDAQ:PATK) has received an average "Moderate Buy" rating from nine brokerages, with six recommending a buy, two a hold, and one a sell. The average 12-month price target set by these analysts is $116.25. The company recently reported strong quarterly results, …

Patrick Industries Inc (PATK) Stock News Today

This page on TradingKey provides current stock news for Patrick Industries Inc (PATK), a company listed under Homebuilding & Construction Supplies. The page shows the latest stock price, market cap, P/E ratio, and notes that more news and analysis, financials, stock scores, technical forecasts, …

Patrick Industries (PATK) Could Be 21% Undervalued As Earnings And Buyback Land

Patrick Industries (NASDAQ: PATK) details LCI stock merger and higher earnings

Patrick Industries (PATK) reported Q2 2026 net sales of $1.04 billion, a 1% year-over-year decrease, while net income rose to $43.4 million and diluted EPS to $1.28 due to stronger marine, powersports, and industrial markets offsetting weaker RV and manufactured housing demand, and the …

FMR LLC and Abigail Johnson (PATK) disclose 4.36M Patrick Industries shares on 13G/A

FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, disclosing beneficial ownership of 4,363,514.79 shares of Patrick Industries Inc. common stock, representing a 13.2% stake as of June 30, 2026. FMR LLC holds sole voting power over 4,359,448.39 shares and sole …

PATRICK INDUSTRIES INC 2026: Revenue $1.04B, EPS $1.28— 10-Q Summary

PATRICK INDUSTRIES INC (PATK) reported 2026 quarterly results with essentially flat revenue year-over-year but saw increased net income and diluted EPS due to margin improvements and acquisitions. The company is set to acquire LCI, with the combined entity expecting 52% Patrick/48% LCI ownership. While …

Patrick Industries (PATK) Stock Looks Reasonable On Cash Flow While Earnings Look Rich

Patrick Industries (PATK) has seen a 67.2% stock gain over three years, but its valuation presents a mixed signal. While a Discounted Cash Flow (DCF) analysis suggests the stock is significantly undervalued by 48.1%, market-based P/E multiples indicate it is overvalued compared to fair …

LCI Industries (LCII) highlights strategic case for proposed Patrick Industries merger

LCI Industries (LCII) reaffirmed its support for the proposed merger with Patrick Industries during its second-quarter 2026 earnings call. Interim CEO Johnny A. Sirpilla emphasized the expected long-term value, including a broader product platform and more cost-effective offerings for outdoor recreation consumers. The company …

Patrick Industries Reports Mixed Quarter, Diversified Growth Offsets Rv Weakness

Patrick Industries reported essentially flat second-quarter net sales of $1.04 billion, with growth in its marine, powersports, and housing segments offsetting continued weakness in the recreational vehicle (RV) market. Despite a decline in operating income, net income increased significantly due to strategic diversification and …

Patrick Industries (PATK) outlines Q2 2026 performance and $150M-synergy Lippert merger

Patrick Industries: Marine And Powersports Growth Offset 15% Decline In RV Revenue

Patrick Industries reported second-quarter net sales of $1.04 billion, a slight decrease from the previous year, with strong growth in Marine and Powersports segments largely offsetting a 15% decline in RV revenue. Despite a challenging consumer discretionary environment and profitability pressures due to lower …

Patrick Industries Number of Employees 2026 | Employee Count & Headcount Data

Patrick Industries, Inc. (PATK) had approximately 9,997 employees worldwide as of March 2026, representing a 2.1% decline from 2023. The company is actively hiring with 119 active job postings in 2026, a 40.4% increase from 2025, although new postings per month have cooled. Employee …

Price-Driven Insight from (PATK) for Rule-Based Strategy

This article provides a price-driven analysis for Patrick Industries Inc. (NASDAQ: PATK), highlighting a stable neutral reading in shorter horizons potentially signaling an easing of a long-term weak bias. It outlines a mid-channel oscillation pattern and an exceptional 73.9:1 risk-reward setup, targeting a 21.3% …

PATK5521361 Bond Profile — Key Metrics

This article provides key metrics for the PATK5521361 bond issued by Patrick Industries, Inc. The bond has a coupon rate of 1.75%, an issue date of December 30, 2022, and matures on December 1, 2028, with an outstanding amount of $258.70 million USD. Patrick …

Nemeth: Patrick Ind. is ‘Not Defined by One Cycle or End Market’

Patrick Industries CEO Andy Nemeth stated that the company's diversified business model, achieved through strategic investments over the last decade, has made it resilient to fluctuations in any single market. Despite a decline in RV revenue due to reduced wholesale unit shipments, growth in …

BofA cuts Patrick Industries stock price target on RV weakness

BofA Securities has lowered its price target for Patrick Industries (NASDAQ:PATK) to $85 from $88, maintaining an Underperform rating due to weakness in the recreational vehicle (RV) segment. Despite this, the company's Q2 2026 earnings were near consensus, and strength in Powersports and Marine …

Patrick Industries (PATK) Stock Slides As Margin Questions Linger

Patrick Industries (PATK) saw its stock slide after its Q2 2026 earnings release, despite solid earnings power, due to lingering concerns about margin compression. While the company's strategy of increasing content per unit in RVs, marine, and powersports showed promise in boosting net income, …

The Bull Case For Patrick Industries (PATK) Could Change Following Margin-Driven Q2 2026 Earnings Beat - Learn Why

Patrick Industries (PATK) reported strong Q2 2026 results with increased net income and EPS despite slightly lower sales, driven by improved margins and cost discipline. This performance suggests a shift in the company's investment narrative towards profitability and efficient capital use, rather than just …

Patrick Industries Inc (PATK) (Q2 2026) Earnings Call Highlights: Diversified Growth Offsets RV ...

Patrick Industries Inc (PATK) reported Q2 2026 net sales of $1.04 billion, a slight decrease year-over-year, with diversified growth in Marine, Powersports, and Housing offsetting a 15% decline in RV revenue. The company achieved a net income of $43 million and repurchased $91 million …