Patrick Industries stock faces merger hurdle near yearly low
Patrick Industries (PATK) stock is trading near its yearly low as the company navigates a proposed merger with LCI Industries. The merger's antitrust filing process reset with a new waiting period, posing a regulatory hurdle. Despite Q2 revenue exceeding estimates, adjusted EPS missed, and analysts show a wide valuation gap with an average target significantly above the current stock price.
Patrick Industries stock hits 52-week low at 66.13 USD By Investing.com
Patrick Industries (PATK) stock has fallen to a 52-week low of $66.13, representing a 33% decline over the past year and over 40% in the last six months. Despite this downturn and missing Q2 2026 profit forecasts, the company shows underlying strength through aggressive share buybacks and seven consecutive years of dividend increases. Analyst firms have lowered price targets for PATK due to challenges in the recreational vehicle market, even as marine, powersports, and housing sectors show stronger results.
Baird keeps Hold rating on Patrick Industries stock at USD 84 target
Baird has maintained a Hold rating for Patrick Industries (PATK) stock with a price target of USD 84.00, despite the company reporting mixed second-quarter results where revenue slightly fell but net profit increased. Patrick Industries exceeded analyst consensus for both adjusted EPS and revenue, though its revenue declined 0.60% year-over-year. The next earnings report is scheduled for October 22, 2026.
Patrick Industries stock reports Q2 resilience despite RV slump
Patrick Industries reported Q2 2026 revenue of $1.04 billion, demonstrating resilience despite a 15% decline in RV revenue, primarily due to diversification into marine, powersports, and housing sectors. The company's proposed merger with LCI Industries is targeted for the first half of 2027, with a shareholder vote planned for mid-November 2026. Despite a current stock price near its 52-week low, analysts maintain a "Buy" consensus with price targets significantly above the current trading level.
Patrick Industries Showcases New Printing Solution at Media Event
Patrick Industries introduced its new Printing Solutions (PPS) at a media event, demonstrating a next-generation industrial printing process for RV interior design. Housed in a new 225,000-square-foot facility, this technology allows high-resolution designs and textures to be printed directly onto various panel materials, offering RV manufacturers greater customization, faster production, and reduced inventory needs. The solution aims to differentiate RV products and streamline design-to-production workflows.
Analysts Offer Insights on Consumer Cyclical Companies: Carnival (CCL) and Patrick Industries (PATK)
This article provides an overview of analyst ratings for two consumer cyclical companies: Carnival (CCL) and Patrick Industries (PATK). Truist Financial maintained a Hold rating on Carnival with a Strong Buy consensus, while also maintaining a Buy rating on Patrick Industries with a Moderate Buy consensus. The report highlights stock performance and price targets for both companies based on analyst insights.
PATK5166375 Bond Profile: Coupon and Redemption
This article provides a detailed profile of the PATK5166375 bond issued by Patrick Industries, Inc. It outlines key facts such as the issuer, issue and maturity dates, face value, and minimum denomination. The profile also includes information on coupon payments, redemption details, and the issuer's business description.
Patrick Industries Debuts Direct-To-Panel Printing Solution For RV Industry
Patrick Industries has launched Patrick Printing Solutions (PPS), a direct-to-panel printing technology for the RV industry. This innovation allows manufacturers to print high-quality graphics and textures directly onto various panel materials, offering greater design freedom, faster lead times, and reduced inventory needs. PPS aims to provide RV OEMs with more options and value in designing interior surfaces.
Is Patrick Industries (PATK) Undervalued As It Heads To The Wells Fargo Consumer Conference?
Patrick Industries (PATK) is preparing to present at the Wells Fargo 9th Annual Consumer Conference. The stock has experienced a significant decline recently, falling 17.34% over the past month and 37.52% year-to-date, despite positive long-term returns. Simply Wall St's narrative framework suggests PATK is 37% undervalued with a fair value of $109.80, primarily due to its diversified revenue streams, though this valuation could be impacted by weak RV demand or integration challenges.
Patrick Industries Launches Printing Technology for RV Industry
Patrick Industries Inc. has launched Patrick Printing Solutions (PPS), a direct-to-panel printing technology for the RV industry. This innovation allows RV manufacturers to print high-quality graphics and textures directly onto various panel materials, offering greater design freedom, faster lead times, and reduced inventory needs. PPS aims to differentiate RV products and streamline the manufacturing process for interior surfaces.
Patrick Industries, Inc. (PATK) Stock forecasts
An Argus analyst has raised the target price for Patrick Industries, Inc. (PATK) to $68.00. The company manufactures and sells building products and materials for recreational vehicles and manufactured housing. Its current price is $68.49.
A 52%-48% ownership split is projected if Patrick Industries (PATK) and LCI complete their merger.
Patrick Industries (PATK) and LCI Industries have agreed to an all-stock merger, where each LCI share will convert into 1.2440 shares of Patrick common stock. This merger is expected to result in Patrick shareholders owning approximately 52% and former LCI stockholders owning approximately 48% of the combined company. The transaction is subject to stockholder and regulatory approvals and is anticipated to close in the first half of 2027.
Patrick Industries stock hits 52-week low at 68.41 USD By Investing.com
Patrick Industries Inc. (PATK) stock has fallen to a 52-week low of $68.41, representing a significant decline of 32.84% over the past year and 35.3% year-to-date. This downturn follows the company's Q2 2026 earnings report, where adjusted EPS missed analyst forecasts despite revenue exceeding expectations. Analysts have consequently lowered price targets due to challenges in the recreational vehicle market, though InvestingPro suggests the stock is currently undervalued.
Patrick Industries stock hits 52-week low at 68.41 USD
Patrick Industries Inc. (PATK) stock has fallen to a 52-week low of $68.41, marking a significant decline of 32.84% over the past year. Despite the downturn, InvestingPro analysis suggests the stock is currently undervalued relative to its Fair Value. Analysts have revised their price targets and earnings estimates downwards due to challenges in the recreational vehicle market, though the company's Q2 2026 revenue still surpassed expectations, supported by marine, powersports, and housing sectors.
Patrick Industries stock falls 2.65 percent as merger review advances
Patrick Industries' stock fell 2.65% on September 23, 2026, as the regulatory review process for its proposed merger with LCI Industries advanced. The company's Q2 revenue reached $1.04 billion, though adjusted EPS declined, primarily due to weakness in its RV segment despite growth in marine and powersports. The stock remains near its 52-week low amidst investor focus on diversification efforts against prevailing RV market challenges.
Patrick Industries, Inc. (PATK) Stock Forecasts
Argus has raised its target price for Patrick Industries Inc. (PATK) to $68.00. The company manufactures and sells building products and materials primarily for recreational vehicles and manufactured housing. The current price of the stock is $68.49.
Avoiding Lag: Real-Time Signals in (PATK) Movement
This article provides a real-time analysis of Patrick Industries Inc. (PATK) stock movement, highlighting weak sentiment across all horizons and suggesting a short bias. It details three AI-generated trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—with specific entry, target, and stop-loss levels. The analysis also includes a multi-timeframe signal breakdown for near-term, mid-term, and long-term perspectives.
Patrick Industries stock hits 52-week low at 70.16 USD By Investing.com
Patrick Industries (PATK) stock has fallen to a 52-week low of $70.16, trading 53% below its 52-week high. Despite a significant one-year decline of -33.78%, InvestingPro analysis suggests the stock is undervalued and oversold, with management actively buying back shares. Recent Q2 2026 earnings showed mixed results, with revenue exceeding forecasts but EPS falling short, largely due to ongoing softness in the RV segment impacting analyst price targets.
Patrick Industries stock hits 52-week low at 70.16 USD
Patrick Industries (PATK) stock has reached a 52-week low of $70.16, trading 53% below its high despite being deemed undervalued by InvestingPro analysis. The company faces challenges, particularly in the RV segment, as reflected in recent earnings and reduced price targets from analysts, though management is aggressively buying back shares.
Patrick Industries (PATK) starts new antitrust review period on LCI merger
Patrick Industries (PATK) and LCI Industries have refiled their Hart-Scott-Rodino (HSR) antitrust notifications, initiating a new waiting period with the FTC and DOJ for their planned merger. This refiling occurred on September 9, 2026, after voluntarily withdrawing the initial filings on September 4, 2026. The merger, structured as a two-step process where LCI will become a wholly owned subsidiary of Patrick, remains subject to the expiration of this HSR waiting period and other closing conditions.
Patrick Industries refiles HSR notice after voluntary withdrawal in LCI merger process
Patrick Industries has refiled its Hart-Scott-Rodino (HSR) notification after a voluntary withdrawal, in connection with its merger agreement with LCI. This action restarts the HSR waiting period, which is a condition for closing the two-step merger into Patrick subsidiaries. Other conditions under the merger agreement must also be satisfied or waived for the transaction to proceed.
Patrick Industries stock hits 52-week low at 80.55 USD
Patrick Industries (PATK) stock has fallen to a 52-week low of $80.55, representing a 55% drop from its peak. Despite this, analysts see a potential upside of 38%, with price targets ranging from $85 to $130, and the company has consistently raised its dividend for seven years. The recent decline is attributed to challenges in the recreational vehicle segment, though other sectors like marine and housing show stronger performance.
(PATK) Movement Within Algorithmic Entry Frameworks
Patrick Industries Inc. (NASDAQ: PATK) is showing weak sentiment across all horizons, supporting a short bias. The analysis highlights a mid-channel oscillation pattern and an exceptional 76.0:1 risk-reward setup targeting a 21.6% gain versus a 0.3% risk. AI models have generated distinct trading strategies, including a Position Trading Strategy, Momentum Breakout Strategy, and Risk Hedging Strategy.
Jason Lippert named CEO of Fun Town RV
Jason Lippert, the former president and CEO of Lippert, has been appointed as the new CEO of Fun Town RV. Fun Town RV is a Texas-based dealership company operating 32 locations across several states. Lippert had retired from his previous role at Lippert in June.
Northcoast Initiates Patrick Industries at Buy With $121 Price Target
Northcoast initiated coverage on Patrick Industries (PATK) with a Buy rating and set a price target of $121. This news highlights analyst confidence in the company, which supplies components to the RV, marine, powersports, and housing markets. The report also notes recent dividend declarations and other analyst rating adjustments for Patrick Industries.
Patrick Industries stock hits 52-week low at 81.29 USD
Patrick Industries Inc. (PATK) stock has fallen to a 52-week low of $81.29, marking a 26.92% decline over the past year due to market challenges. This downturn follows mixed Q2 2026 financial results, where adjusted earnings of $1.29 per share missed forecasts despite revenue of $1.04 billion exceeding estimates. Analysts have lowered price targets for the company, citing weaknesses in the recreational vehicle (RV) market, which continues to impact its financial outlook.
Patrick Industries stock hits 52-week low at 81.29 USD By Investing.com
Patrick Industries Inc. (NASDAQ: PATK) stock has fallen to a 52-week low of $81.29, marking a 26.92% decline over the past year due to market challenges. Recent Q2 2026 financial results showed adjusted earnings of $1.29 per share on $1.04 billion revenue, with revenue surpassing estimates but EPS falling short. Analysts from Benchmark, Truist Securities, and BofA Securities have lowered price targets, citing weakness in the recreational vehicle market despite stronger performance in marine, powersports, and housing segments.
Patrick Industries stock hits 52-week low at 81.29 USD By Investing.com
Patrick Industries (PATK) stock has fallen to a 52-week low of $81.29, marking a 26.92% decline over the past year due to market challenges. The company recently reported Q2 2026 adjusted earnings of $1.29 per share on $1.04 billion revenue, with revenue exceeding estimates but earnings falling short. Analysts have lowered price targets for PATK, citing weakness in the recreational vehicle (RV) market despite stronger performance in marine, powersports, and housing segments.
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.
