Patrick Industries (PATK) director adds 100 open-market shares
M. Scott Welch, a director at Patrick Industries (PATK), reported an open-market purchase of 100 shares of common stock at $89.44 per share on May 19, 2026. The transaction was made indirectly through controlled entities where Welch has a pecuniary interest, increasing these entities' holdings to 3,292 shares. Additionally, Welch directly holds 33,366 shares, and his spouse indirectly holds 156,000 shares.
Patrick Industries Renews Board As Dividends And Buybacks Face Cyclical Tests
Patrick Industries held its annual shareholder meeting, electing a new board, ratifying its auditor, and approving executive compensation. The company declared a quarterly dividend of $0.47 per share and continued share buybacks, reinforcing its commitment to shareholder returns despite recent stock depreciation and cyclical market exposure. Investors are advised to monitor the balance between dividends, buybacks, debt reduction, and acquisitions given their reliance on cyclical markets and flagged risks regarding debt coverage.
Patrick Industries Renews Board As Dividends And Buybacks Face Cyclical Tests
Patrick Industries held its annual shareholder meeting, electing a new board and ratifying its auditor, while reaffirming its commitment to shareholder returns through a newly declared dividend and recent share buybacks. The company faces cyclical challenges in the RV, marine, and housing markets, making the sustainability of these returns dependent on robust cash flow and disciplined capital allocation. Investors are advised to monitor the balance between dividends, buybacks, debt reduction, and acquisitions, especially given market volatility and analyst-flagged risks concerning debt coverage.
Patrick Industries (NASDAQ: PATK) director awarded annual stock grant
Patrick Industries director Michael A. Kitson was awarded an annual stock grant of 1,594 shares of common stock on May 14, 2026. These shares were granted with no cash purchase price and will vest on May 14, 2027, increasing his direct holdings to 13,444 shares. This transaction is considered a compensation-related award rather than an open-market purchase, as detailed in the SEC Form 4 filing.
Patrick Industries (PATK) director receives 1,594-share stock award
M. Scott Welch, a director at Patrick Industries (PATK), was granted 1,594 shares of common stock on May 14, 2026, as an annual director stock award, which will vest on May 14, 2027. This grant increases his direct holding to 33,366 shares, with additional indirect holdings through controlled entities and his spouse. The transaction was a compensation award rather than an open-market purchase, as detailed in the SEC Form 4 filing.
Patrick Industries (NASDAQ: PATK) director awarded 1,594-share annual stock grant
Patrick Industries director Todd M. Cleveland received an annual stock grant of 1,594 common shares, awarded on May 14, 2026, and vesting on May 14, 2027. The grant was valued at $0.00 per share, indicating it is an equity award for service rather than a market purchase. Following this transaction, Cleveland directly holds 134,880 shares and indirectly holds 51,356 shares through a limited liability corporation.
Patrick Industries (PATK) director granted 1,594 shares of stock
Patrick Industries director John A. Forbes was granted 1,594 shares of common stock on May 14, 2026, as an annual stock award with no cash cost. These shares are scheduled to vest on May 14, 2027. Following this grant, Forbes directly holds 50,866 common shares in the company.
Bessemer Group Inc. Purchases 145,863 Shares of Patrick Industries, Inc. $PATK
Bessemer Group Inc. significantly increased its stake in Patrick Industries (NASDAQ:PATK) during the fourth quarter, purchasing 145,863 additional shares and bringing its total holdings to 149,912 shares valued at $16.3 million. This substantial institutional investment highlights a strong professional ownership interest, with 93.29% of the company's stock currently held by institutions. Patrick Industries recently reported strong quarterly earnings of $1.10 per share, exceeding estimates, and declared a quarterly dividend of $0.47 per share, yielding 2.1% annually.
Anchor Capital Management Sells Full Patrick Industries Position in Q1 2026 - News and Statistics
Anchor Capital Management fully divested its 116,967-share stake in Patrick Industries during the first quarter of 2026, a transaction valued at an estimated $14.46 million. This move represents a complete exit from Patrick Industries, which previously constituted 11.3% of the fund's assets. Despite Patrick Industries' operational execution and diversification efforts, the shares have declined significantly, reflecting investor concerns over softness in the RV and housing sectors.
What to Know About This Fund’s $14 Million Patrick Industries Exit After a Tough Quarter
Anchor Capital Management fully exited its position in Patrick Industries (NASDAQ:PATK) during the first quarter of 2026, selling 116,967 shares for an estimated $14.46 million. This move resulted in the fund holding zero shares of Patrick Industries, a leading supplier of building products for the recreational vehicle, marine, and manufactured housing industries. The decision came after a "tough quarter" for the fund, indicating potential market movements and trading activity influencing the exit.
Patrick Industries declares $0.47 quarterly dividend By Investing.com
Patrick Industries Inc. announced a quarterly cash dividend of $0.47 per share, payable on June 8, 2026, to shareholders of record on May 26, 2026. Despite a consistent dividend increase over the last seven years, the stock is considered overvalued according to InvestingPro analysis. The company recently reported Q1 2026 earnings, surpassing EPS expectations but slightly missing revenue forecasts, leading to lowered price targets from Baird and KeyBanc due to a tempered outlook and softer end markets.
Patrick Industries declares $0.47 quarterly dividend
Patrick Industries Inc. (NASDAQ:PATK) announced a quarterly cash dividend of $0.47 per share, payable on June 8, 2026, to shareholders of record on May 26, 2026. The company has a history of raising its dividend for seven consecutive years but is currently considered overvalued. Recent Q1 2026 earnings showed EPS surpassing expectations, though revenue slightly missed forecasts, leading to lowered price targets from analysts like Baird and KeyBanc.
Patrick Industries Keeps Quarterly Dividend at $0.47 a Share, Payable June 8 to Shareholders of Record on May 26
Patrick Industries (PATK) announced its quarterly dividend will remain at $0.47 per share. This dividend is payable on June 8, 2026, to shareholders of record as of May 26, 2026. The company is a component solutions provider for the RV, marine, powersports, 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 June 8, 2026, to shareholders of record as of May 26, 2026. Patrick Industries is a leading component solutions provider for the RV, Marine, Powersports, and Housing markets.
Patrick Industries Declares Quarterly Cash Dividend
Patrick Industries, Inc. announced a quarterly cash dividend of $0.47 per share, payable on June 8 to shareholders of record by May 26. The company is a leading component solutions provider for the RV, marine, powersports, and housing markets, headquartered in Elkhart, Indiana. Patrick Industries serves OEMs and aftermarket customers with over 85 brands and more than 10,000 team members.
Why (PATK) Price Action Is Critical for Tactical Trading
This article provides an AI-generated analysis of Patrick Industries Inc. (NASDAQ: PATK) for tactical trading, highlighting divergent sentiment across different time horizons and elevated downside risk. It outlines distinct trading strategies for position trading, momentum breakout, and risk hedging, along with multi-timeframe signal analysis. The report also encourages users to sign in for full access to real-time signals and personalized analysis.
Winnebago suppliers Patrick and LCI terminate merger talks
The article states that Winnebago suppliers Patrick and LCI have terminated their merger talks. No further details are provided in the current content.
Patrick Industries, Inc. to Participate in Upcoming Investor Conferences
Patrick Industries, Inc. (NASDAQ: PATK) will participate in two investor conferences in May 2026: the Benchmark 4th Annual Consumer One-on-One Conference and the KeyBanc Capital Markets Virtual Consumer Leisure Spotlight. The company, a leading component solutions provider for outdoor enthusiast and housing markets, will hold one-on-one meetings with investors and analysts at these events. Further details and attendance information can be obtained by contacting Benchmark and KeyBanc.
Independent Director of Patrick Industries M. Welch Buys 5.6% More Shares
M. Welch, an Independent Director at Patrick Industries (NASDAQ:PATK), recently purchased US$887k worth of stock at US$88.23 per share, increasing their holding by 5.6%. This comes despite significant insider selling over the past year, where the CEO sold US$2.9m worth of shares. However, the insider purchasing activity and existing high insider ownership suggest optimism and alignment with shareholder interests.
Number of shareholders of Patrick Industries, Inc. – SWB:PK2
This article provides information about the number of shareholders for Patrick Industries, Inc. (SWB:PK2) sourced from TradingView. It indicates that the details are available under the "Financials" section for the company and notes the market status as closed. The content mainly consists of navigation links and general information about the TradingView platform.
Patrick Industries Ends Merger Talks, Reaffirms Independent Growth Strategy
Patrick Industries (PATK) and LCI Industries have terminated their merger discussions, failing to agree on key terms despite aligning on leadership and strategic direction. Patrick Industries will continue its independent growth strategy, focusing on its strong balance sheet, acquisition opportunities, and organic growth, particularly within the RV and outdoor recreation industries. Analysts currently rate PATK as a Buy with a $128.00 price target, while TipRanks' AI Analyst, Spark, deems it Neutral due to mixed financials and technicals.
PATK SEC Filings - Patrick Inds Inc 10-K, 10-Q, 8-K Forms
This page on Stock Titan provides comprehensive access to Patrick Industries (PATK) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K current events, and insider trading forms. It details how the company describes itself, examples of recent 8-K filings, and the availability of AI-powered summaries for quick understanding. The article highlights recent filings such as proposed share sales and quarterly reports, offering investors a structured view of the company's regulatory history and financial actions.
Patrick Industries Ends Merger Talks, Reaffirms Independent Growth Strategy
Patrick Industries (PATK) has announced the termination of merger talks with LCI Industries, reaffirming its commitment to an independent growth strategy. The company plans to pursue growth through its existing diversified platform, focusing on a strong balance sheet, M&A opportunities, and organic growth. Analysts currently rate PATK stock as a Buy with a $128.00 price target, while TipRanks' AI Analyst, Spark, assesses it as Neutral due to mixed fundamentals.
Patrick Industries (Nasdaq:PATK) - Stock Analysis
Patrick Industries (PATK) is trading at 20.4% below its fair value, with earnings projected to grow 24.31% per year. The company recently ended merger talks with LCI Industries, choosing to continue independently, and reported mixed Q1 2026 results with strong performance in marine and powersports offsetting declines in RV-related sales. Insider buying has increased following the Q1 results, despite analysts presenting differing views on the near-term outlook for the stock.
PATRICK INDUSTRIES INC 1Q 2026: Revenue $997.17M, EPS $1.1— 10-Q Summary
PATRICK INDUSTRIES INC reported its first-quarter 2026 results, showing a slight decrease in revenue to $997.17M from $1B year-over-year, and diluted EPS falling slightly to $1.1 from $1.11. Despite these dips, net income increased to $39.48M compared to $38.24M in the previous year. The company experienced a shift in revenue mix, with declines in RV and manufactured housing sales offset by growth in powersports and marine segments.
Patrick Industries (NASDAQ: PATK) posts steady Q1 2026 results
Patrick Industries (NASDAQ: PATK) reported Q1 2026 results with nearly steady net sales of $997.2 million, a slight decrease from $1,003.4 million a year prior, while net income increased to $39.5 million from $38.2 million. The company experienced declines in RV and manufactured housing sales, which were largely offset by significant growth in powersports (up 28%) and marine (up 14%) sectors. Despite a modest decline in diluted earnings per share to $1.10 from $1.11, the company maintained an operating margin of 6.5%, repurchased shares, and completed two small acquisitions.
Patrick Industries RV president buys $505,018 in company stock
Charles R. Roeder, President - RV at Patrick Industries (NASDAQ:PATK), recently acquired 5,750 shares of company stock for $505,018. This insider purchase comes after the company reported mixed Q1 2026 earnings, surpassing EPS expectations but falling short on revenue. Analysts Baird and KeyBanc have since lowered their price targets for Patrick Industries due to softer end-market projections, while maintaining their ratings.
Bullish Move: M. Scott Welch Shows Confidence, Acquires $886K In Patrick Industries Stock
M. Scott Welch, a Director at Patrick Industries (NASDAQ: PATK), recently demonstrated strong confidence in the company by purchasing 10,050 shares totaling $886,670. This insider transaction signals positive anticipation for the stock's future. Patrick Industries, a component solutions provider for several industrial markets, showed a 9.22% revenue growth rate as of December 31, 2025, and boasts an attractive valuation with a lower-than-average P/E ratio.
Patrick Industries RV president buys $505,018 in company stock
Charles R. Roeder, President - RV at Patrick Industries Inc. (NASDAQ:PATK), acquired 5,750 shares of company stock for $505,018 on May 5, 2026. This insider purchase comes as the stock has seen a year-to-date decline of 16.66% and trades at a P/E ratio of 21.48 with a 2.09% dividend yield. Analysts from Baird and KeyBanc recently adjusted their price targets downward for Patrick Industries following its Q1 2026 earnings, citing softer end markets despite exceeding EPS expectations.
Patrick Industries (PATK) director buys 400 shares in open market
Patrick Industries director Blake Augsburger purchased 400 shares of Common Stock at $85.19 per share in an open market transaction on May 5, 2026. This purchase increased his direct holdings to 2,125 shares. The Form 4 filing provides details of the insider trading activity, specifying the transaction code "P" for an open-market purchase.
Patrick Industries, LCI Industries end merger talks
Patrick Industries has ceased merger discussions with LCI Industries. This decision was announced on May 05, 2026, by Don Loepp. The article is part of the Mergers & Acquisitions section of Plastics News.
Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Patrick Industries (PATK), DoorDash (DASH) and Atmus Filtration Technologies, Inc. (ATMU)
This article examines analyst sentiments on three consumer cyclical companies: Patrick Industries (PATK), DoorDash (DASH), and Atmus Filtration Technologies, Inc. (ATMU). While analysts have a "Moderate Buy" consensus for Patrick Industries with a $121.14 price target, Bank of America Securities reiterated a "Sell" rating. DoorDash holds a "Strong Buy" consensus with a $250.22 average price target, and Atmus Filtration Technologies also has a "Strong Buy" consensus with a target of $68.00, both with significant upside potential.
Patrick Industries, Inc. (NASDAQ:PATK) Q1 2026 Earnings Call Transcript
Patrick Industries (NASDAQ:PATK) reported Q1 2026 earnings, highlighting resilience through diversified platforms and innovation despite shipment declines in RV and manufactured housing markets. The company outperformed expectations with diluted EPS of $1.10 on net sales of $997 million, achieving 1% growth. Discussions regarding a potential merger of equals with LCI Industries were also mentioned, with management emphasizing continued aggressive M&A strategy and optimism for content growth driven by innovative solutions and focus on the utility powersports market.
Analysts Offer Insights on Consumer Cyclical Companies: Wyndham Hotels & Resorts (WH), Patrick Industries (PATK) and Rivian Automotive (RIVN)
Analysts have provided insights on several consumer cyclical companies. Wyndham Hotels & Resorts (WH) received a Strong Buy consensus with a target of $98.70, Patrick Industries (PATK) also earned a Strong Buy with a target of $143.33, while Rivian Automotive (RIVN) was rated a Moderate Buy with an $18.00 price target. These analyses include specific analyst ratings, price targets, and potential upsides from current stock levels.
Patrick Industries Drops 5.9% After Keybanc Maintains Overweight
Patrick Industries (PATK) plunged 5.9% after two Wall Street firms, Keybanc and Benchmark, slashed their price targets on the recreational vehicle components manufacturer. Despite maintaining "Overweight" and "Buy" ratings respectively, the reduction in price targets signals growing concerns about the sector's prospects. Investors are advised to monitor order trends and the upcoming earnings report to assess the stock's future performance.
Patrick Industries Reports First Quarter Results
Patrick Industries reported first-quarter net sales of $997 million, a slight decrease from the prior year, with marine revenue growing by 14%. Despite this growth and a 28% increase in powersports revenue, overall sales were impacted by lower performance in the RV and housing segments. The company's CEO, Andy Nemeth, noted strong content gains offsetting shipment declines, while acknowledging macroeconomic and geopolitical headwinds affecting the demand environment.
Patrick Industries (PATK) Enters Q1 2026 With 3.4% Net Margin Testing Bullish Narratives
Patrick Industries (PATK) reported Q1 2026 results with a 3.4% net profit margin, a decrease from 3.7% the previous year, despite steady revenue and EPS in recent quarters. The company faces a five-year annualized earnings decline of 14% and trades at a P/E premium compared to its industry and peers. This financial data challenges bullish narratives around future margin expansion and content per unit, highlighting a gap between current performance and analyst expectations.
Patrick Industries (PATK) Enters Q1 2026 With 3.4% Net Margin Testing Bullish Narratives
Patrick Industries (PATK) reported Q1 2026 earnings with a 3.4% net profit margin for the last 12 months, a decline from 3.7% the previous year, despite analyst expectations for future margin expansion. The company has experienced a 14% annualized earnings decline over the past five years, raising concerns among skeptics regarding its exposure to cyclical markets and the ability to meet optimistic long-term earnings projections. Despite a P/E premium compared to industry peers, the stock's valuation is debated, with a significant gap between its current price and a higher DCF fair value, fueling both bullish and bearish narratives.
Patrick Industries Reports Flat Q1 Results Amid Merger Talks
Patrick Industries reported flat net sales in Q1 2026 at $997 million, with growth in marine and powersports offsetting declines in RV and housing segments. The company increased shareholder returns, heavily invested in automation, and confirmed ongoing merger discussions with LCI Industries. Despite weaker markets, Patrick Industries emphasized its diversified model and strategic investments for long-term growth.
Earnings Flash (PATK) Patrick Industries, Inc. Reports Q1 Revenue $997.2M, vs. FactSet Est of $989.1M
Patrick Industries, Inc. (PATK) reported its Q1 revenue, reaching $997.2 million, surpassing FactSet's estimate of $989.1 million. This financial update indicates a stronger performance than anticipated by market analysts. The company also recently posted Q1 adjusted EPS of $1.10 per share, exceeding the FactSet estimate of $1.04.
Patrick Industries Inc. Reports First Quarter 2026 Financial Results
Patrick Industries Inc. reported financial results for the first quarter ended March 29, 2026, with net sales of $997 million, a slight decrease from $1.003 billion in Q1 2025. The company saw strong growth in Marine and Powersports revenue, which helped offset declines in RV and Housing markets. Patrick Industries also reaffirmed discussions regarding a potential merger of equals transaction with LCI Industries.
Patrick Industries (NASDAQ: PATK) Q1 2026 results and merger talks
Patrick Industries reported essentially flat net sales of $997 million for Q1 2026 compared to the prior year, though net income increased by 3% to $39.5 million. The company saw strong growth in Marine and Powersports segments, offsetting declines in RV and Housing. Patrick Industries also confirmed ongoing discussions regarding a potential merger of equals with LCI Industries.
Patrick's marine, powersports gains offset weaker RV, housing sales
Patrick Industries (NASDAQ: PATK) reported its first-quarter 2026 financial results, with net income rising 3% to $39 million despite a slight dip in net sales to $997 million from $1,003 million in the prior year. The company saw strong growth in its Marine (+14%) and Powersports (+28%) segments, which helped to offset declines in RV and Housing markets due to lower wholesale shipments. Patrick also confirmed ongoing discussions for a potential merger of equals with LCI Industries.
Patrick Industries: Q1 Earnings Snapshot
Patrick Industries Inc. reported first-quarter earnings of $39.5 million, or $1.10 per share, surpassing Wall Street expectations of $1.08 per share. However, the building products manufacturer's revenue of $997.2 million for the period missed analysts' forecasts of $1.01 billion. The results were generated by Automated Insights using data from Zacks Investment Research.
Patrick Industries Inc. (PATK) Stock Price Today & Analysis
This article provides an analysis of Patrick Industries Inc. (PATK) stock, including its fundamental financials, corporate actions, and valuation metrics. It highlights that Patrick Industries is a component solutions provider for the RV, marine, powersports, and manufactured housing markets, with its majority revenue generated from the Manufacturing segment. The article also provides FAQs on how to buy PATK stock through the Gotrade app, minimum investment, dividend policy, safety, market hours, and how to assess if the stock is expensive or cheap.
Patrick Industries debuts digital design studio for outdoor enthusiast markets
Patrick Industries has launched "The Experience," a digital design studio located in Elkhart, Indiana, aimed at revolutionizing product development for the RV, marine, and powersports industries. This collaborative space uses a massive LED virtual reality screen and a "Digital Twin" process to allow customers to visualize and customize products in real time, reducing prototyping costs and accelerating time to market. The initiative underscores Patrick Industries' commitment to innovation and enhancing customer collaboration in design.
Patrick earnings up next amid RV headwinds, merger talks
Patrick Industries Inc. is set to report first-quarter earnings, with investors focused on the company's diversification efforts, content gains, and any updates regarding potential merger talks with LCI Industries, amid ongoing challenges in the recreational vehicle market. Analysts are cautious, with EPS and revenue estimates declining, despite a "Buy" rating and significant upside potential from the current share price. The company's internal growth strategies, including expansion into marine and housing, and its new digital design studio, are also key areas of scrutiny.
Stocks showing rising market leadership: Patrick Industries earns 82 RS rating
This article highlights Patrick Industries' strong market performance, indicated by its improved Relative Strength (RS) Rating of 82. The RS Rating is a proprietary measure of a stock's price performance compared to others, suggesting potential for continued leadership.
Potential Patrick Industries LCI Merger And What It Means For Valuation
Patrick Industries (NasdaqGS:PATK) is reportedly in merger talks with LCI Industries for an all-stock combination, aiming to create a larger supplier in the recreational vehicle components market. This potential deal, which has not yet been formalized, is significant for shareholders due to implications for ownership dilution and governance. The article highlights that Patrick Industries is currently trading below analyst targets and Simply Wall St's estimated fair value, despite weak short-term momentum.
Potential Patrick Industries LCI Merger And What It Means For Valuation
Patrick Industries (NasdaqGS:PATK) is reportedly in active merger talks with LCI Industries for a potential all-stock combination, aiming to create a larger supplier of recreational vehicle components. While no definitive agreement has been reached, the proposed merger could lead to dilution, governance changes, and cost synergies, impacting shareholders and the RV supply chain. Analysts currently see Patrick Industries' stock price below its target, and Simply Wall St's valuation suggests it's trading below fair value, despite recent negative short-term momentum.
