Patrick Industries, Inc. (NASDAQ:PATK) Declares $0.47 Quarterly Dividend
Patrick Industries, Inc. (NASDAQ:PATK) has declared a quarterly dividend of $0.47 per share, payable on September 8th to shareholders of record on August 24th. This dividend represents an annualized yield of approximately 2.2% and marks the sixth consecutive year the company has increased its dividend. Analysts anticipate that the company's expected earnings of $5.26 per share next year will sufficiently cover the projected $1.88 annual dividend, maintaining a payout ratio of around 35.7%.
Patrick Industries (PATK) Looks Undervalued On Paper, Is The Market Missing Its Fair Value?
Patrick Industries (PATK) is currently considered undervalued with a fair value of $109.80 against a last close of $86.46, despite a 22% year-to-date share price decline. The company's longer-term performance and innovation in products like composite roofing systems and marine tower systems support a positive outlook, yet risks such as weakness in RV end markets and potential underperformance of acquisitions remain. Investors are encouraged to review the company's financial data and consider both the opportunities and warnings.
Patrick Industries declares $0.47 quarterly dividend
Patrick Industries Inc. (NASDAQ:PATK) announced a quarterly cash dividend of $0.47 per share, payable on September 8, 2026, to shareholders of record as of August 24, 2026. The company is a key component solutions provider for the recreational vehicle, marine, powersports, and housing markets, headquartered in Elkhart, Indiana.
Patrick Industries, Inc. Declares Quarterly Cash Dividend, Payable on September 8, 2026
Patrick Industries, Inc. announced a quarterly cash dividend of $0.47 per share on its common stock. The dividend will be payable on September 8, 2026, to shareholders of record as of August 24, 2026. This declaration was made by the Board of Directors on August 13, 2026.
Patrick Industries declares quarterly dividend of $0.47 per share payable September 8, 2026
Patrick Industries has declared a quarterly cash dividend of $0.47 per share, demonstrating its commitment to returning value to shareholders. The dividend is payable on September 8, 2026, to shareholders of record as of August 24, 2026. Patrick Industries is a major provider of component solutions for the RV, Marine, and Housing markets.
Patrick Industries, Inc. Declares Quarterly Cash Dividend
Patrick Industries, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.47 per share on its common stock. The dividend is payable on September 8, 2026, to shareholders of record as of August 24, 2026. Patrick Industries is a leading component solutions provider for the RV, Marine, Powersports, and Housing markets.
Patrick Industries Keeps Quarterly Dividend at $0.47 a Share, Payable Sept. 8 to Shareholders of Record as of Aug. 24
Patrick Industries announced it will maintain its quarterly dividend at $0.47 per share. The dividend is payable on September 8, 2026, to shareholders of record as of August 24, 2026. This information was released on August 14, 2026.
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 of various Wellington investment advisers, with no single client holding more than five percent. Wellington reports shared voting power over 1,191,091 shares and shared dispositive power over all 1,623,974 shares.
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 strong quarterly earnings, exceeding analyst expectations, and analysts maintain a "Moderate Buy" consensus with an average price target above the current share price, although some firms have recently lowered targets or downgraded the stock.
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 target. Both companies received a Moderate Buy consensus from analysts.
(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 risk profiles. The analysis highlights key support and resistance levels across near-term, mid-term, and long-term horizons, with a current exceptional risk-reward short setup targeting 17.7% downside.
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. Analysts currently rate LCII as a "Buy" with a $135.00 price target, although TipRanks’ AI Analyst, Spark, identifies LCII as "Neutral" due to a mix of positive financial quality and valuation against cyclical demand weakness and a lowered industry outlook.
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 over a 40% decline in the last six months, with analysts revising earnings expectations downwards. Truist Securities and BofA Securities have also adjusted their outlooks on Patrick Industries, reflecting ongoing challenges in the RV market.
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 termination 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) to $115 from $135, while maintaining a Buy rating, citing reduced shipment volumes in recreational vehicles and manufactured housing, and anticipated impacts from a potential deal with LCII. The stock is currently trading near its 52-week low. Other firms, including Truist Securities and BofA Securities, have also adjusted their outlooks downward due to challenges in the RV market and mixed Q2 2026 earnings results.
Patrick Industries (PATK) Completes Buyback As Earnings Rise On Flat Sales Is Its Strategy Shifting?
Patrick Industries reported second-quarter sales of US$1,041.7 million with rising net income and diluted earnings per share, despite slightly lower year-over-year sales. The company also completed a multi-year buyback of over 5.3 million shares for US$301.58 million. This activity suggests a management focus on profitability and capital returns, with analysts projecting varying future revenue and earnings growth.
Patrick Industries files HSR notifications for proposed LCI mergers
Patrick Industries has filed Hart-Scott-Rodino notifications regarding its planned two-step merger to acquire LCI Industries, making LCI a wholly owned subsidiary. The HSR forms were filed on August 5, 2026, with the FTC and DOJ. The completion of the merger is contingent upon the expiration or termination of the HSR waiting period and other agreed-upon closing conditions.
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 2027. Despite these adjustments, Truist expresses confidence in the stock's long-term recovery, noting the company's strong execution in its end markets.
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 the U.S. Department of Justice is a necessary condition for the merger's completion. The companies also plan to file a Form S-4 registration statement, which will include a joint proxy statement/prospectus for shareholder approvals related to the proposed transaction.
Truist cuts Patrick Industries stock price target on RV softness By Investing.com
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 fiscal 2026 and 2027 adjusted EBITDA and EPS estimates. Despite the market challenges, Truist maintains confidence in the stock's recovery, noting the company's strong execution across its various end markets.
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 article also notes recent company activities, including Q2 2026 earnings reports and previous price target adjustments from other firms.
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 Buy" consensus rating with an average price target of $116.25. Patrick Industries reported strong quarterly earnings and revenue, surpassing expectations, and declared a quarterly dividend of $0.47 per share, representing a 2.1% annualized yield.
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 expansion. The company's investment narrative now hinges on its ability to translate stable revenues into higher profitability, particularly amidst fluctuating demand in its key end markets like RV and marine.
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 previous year's performance in both the top-performing segment and overall regional contribution.
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 and related small-cap or extended market segments. The ETFs are primarily focused on passive small-cap or extended market strategies, making investing in such stocks more accessible.
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, exceeding EPS expectations, and pays a quarterly dividend of $0.47, equating to a 2.1% yield.
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, ownership, dividends, and profile information will be available soon.
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 absence of a prior-year legal settlement. The company also announced a stock-for-stock merger agreement with LCI Industries, where LCI shareholders will receive 1.2440 PATK shares per LCI share, with existing Patrick shareholders expected to own 52% of the combined entity. The merger is subject to shareholder and regulatory approvals and is anticipated to close in the first half of 2027, with a potential $94.2 million termination fee for either party under specific conditions.
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 dispositive power over all 4.36 million shares. Abigail P. Johnson has sole dispositive power over the same number of shares but no voting power.
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 RV sales declined, marine and powersports segments grew, and the company expects sufficient liquidity to fund operations and merger-related costs.
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 earnings ratios and peer averages. The upcoming all-stock merger with LCI Industries is expected to boost cash flow, but successful integration and execution remain key to reconciling these differing valuation perspectives.
What Does Patrick Industries, Inc.'s (NASDAQ:PATK) Share Price Indicate?
This article analyzes Patrick Industries, Inc.'s (NASDAQ:PATK) share price using the discounted cash flow (DCF) model, suggesting it is undervalued by approximately 45%. Despite a significant undervaluation, the article also highlights that the company's dividend yield is relatively low compared to its peers. The analysis includes a discussion of key inputs in the DCF model, such as revenue growth forecasts and the discount rate, noting the inherent uncertainties and assumptions involved.
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 also highlighted the need for investors to review upcoming SEC filings, such as the Form S-4 registration statement and Joint Proxy Statement/Prospectus, due to inherent risks and uncertainties associated with forward-looking statements regarding the merger.
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 disciplined market approaches. The company also highlighted its pending all-stock merger with LCI Industries.
Patrick Industries Balances RV Weakness With Diversified Growth
Patrick Industries reported Q2 earnings, highlighting a strategy to balance weakness in the RV market with growth in diversified segments like Marine and Powersports. Despite a decline in RV revenue and profitability
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 RV shipments and increased costs, the company increased reported net income and returned $106 million to shareholders. Patrick Industries is pursuing a cautious strategy, focusing on efficiency, customer relationships, and strategic acquisitions, including a pending merger with LCI Industries.
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 sentiment is reported as negative and declining.
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% gain against a 0.3% risk. The piece also details three AI-generated institutional trading strategies (Position Trading, Momentum Breakout, and Risk Hedging) and a multi-timeframe signal analysis for PATK.
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 Industries, Inc. is a component solutions provider for RV, Marine, Powersports, and Housing markets, founded in 1959 and headquartered in Elkhart, IN.
Patrick Industries (PATK) Stock Slides As Margin Questions Linger
Patrick Industries (PATK) saw its stock slide by 1.7% after its latest earnings release, despite solid Q2 performance driven by higher content per unit in marine and powersports segments. The company's net income increased by 34%, but adjusted EBITDA margin compressed, and operating cash flow declined, raising concerns about margin resilience and execution gaps. Analysts hold mixed views, with some focusing on growth through content and mix, while others highlight risks from market softness and integration challenges.
The Bull Case For Patrick Industries (PATK) Could Change Following Margin-Driven Q2 2026 Earnings Beat - Learn Why
Patrick Industries (PATK) reported stronger-than-expected Q2 2026 results, with increased net income and EPS despite slightly lower sales year-to-date. This performance highlights the company's success in margin improvement and cost control, potentially reshaping its investment narrative towards a margin-led story. While cyclical demand for RVs and marine products remains a risk, the latest earnings provide evidence that Patrick Industries is effectively protecting profitability in slower markets.
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 Marine, Powersports, and Housing markets offset this impact. Nemeth also expressed enthusiasm for the pending merger with Lippert, highlighting expected synergies and enhanced capabilities.
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 segments helped offset the RV decline, leading to total sales slightly above estimates. BofA adjusted its 2026 and 2027 earnings estimates downward slightly, basing the new price target on 8.0 times 2027 estimated EBITDA.
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, adjusted EBITDA and operating margins declined, and operating cash flow decreased significantly, leading to increased leverage. Bears worry about execution gaps and market softness, while management expects flat adjusted operating margin for 2026.
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 revenue growth. While RV and marine demand cyclicality remains a risk, the earnings beat indicates that Patrick Industries' efforts to protect profitability in slower markets are gaining traction.
Patrick Industries Q2 Earnings Call Highlights
Patrick Industries reported second-quarter sales of $1.04 billion, remaining stable year-over-year despite a 15% drop in RV revenue, which was largely offset by growth in marine, powersports, and housing sectors. Adjusted EPS decreased to $1.29 from $1.50, and adjusted EBITDA fell to $126 million. The company has revised its 2026 RV outlook downwards and plans an all-stock merger with Lippert, targeting $150 million in annual cost synergies.
Transcript : Patrick Industries, Inc., Q2 2026 Earnings Call, Jul 30, 2026
This article provides the transcript of the Patrick Industries, Inc. Q2 2026 Earnings Call held on July 30, 2026. It marks the opening of the conference call and mentions that the full article content is reserved for subscribers. The earnings call details are published on MarketScreener.
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 in shares, demonstrating confidence in future value, despite a decrease in operating margin and cash flow from operations. Key Q&A discussions highlighted strategies to address RV affordability, strong performance in the marine sector, and cautious optimism for powersports growth with new digital printing technology for RVs.
Patrick Industries Q2 Earnings Call Highlights
Patrick Industries reported Q2 net sales of $1.04 billion, a slight decrease year-over-year, driven by growth in marine, powersports, and housing sectors offsetting a decline in recreational vehicle (RV) revenue. The company’s diversification strategy was highlighted, with CEO Andy Nemeth noting significant increases in trailing 12-month sales and adjusted EPS despite ongoing RV market weakness. Patrick Industries updated its 2026 outlook, anticipating a flat adjusted operating margin compared to 2025, and provided details on its technology investments and the planned merger with Lippert.
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 net income and diluted EPS increasing despite slightly lower year-to-date sales. This margin-driven performance, emphasizing cost control and profitability, suggests a potential shift in the company's investment narrative. The article highlights how this focus on margins could reshape investor perception, even as the company navigates cyclical demand in RV, marine, and housing markets.
