Patrick IndustriesPATK
PATK
About: Patrick Industries Inc makes and sells building products and materials for recreational vehicles and manufactured housing. The company is organized into two segments based on product type: manufacturing and distribution. The manufacturing segment, which generates the majority of revenue, sells laminated and vinyl products that include furniture, shelving, cabinets, bath fixtures, and countertops. The distribution segment sells prefinished wall and ceiling panels, as well as electrical and plumbing products for the RV and manufactured housing industries. One of the firm's RV customers makes up a portion of revenue.
Employees: 10,000
0
Funds holding %
of 7,428 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
33% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]
16% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 99
11% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 37
8% more capital invested
Capital invested by funds: $3B [Q1] → $3.24B (+$240M) [Q2]
0.42% less ownership
Funds ownership: 105.47% [Q1] → 105.05% (-0.42%) [Q2]
2% less funds holding
Funds holding: 311 [Q1] → 306 (-5) [Q2]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$90
22%
downside
Avg. target
$106
8%
downside
High target
$110
4%
downside
6 analyst ratings
5 positive
83%
1 neutral
17%
0 negative
0%
BMO Capital Tristan Thomas-Martin | 4%downside $110 | Outperform Maintained | 1 Aug 2025 |
Benchmark Michael Albanese | 4%downside $110 | Buy Maintained | 1 Aug 2025 |
Raymond James Joseph Altobello | 5%downside $109 | Outperform Maintained | 1 Aug 2025 |
Keybanc Noah Zatzkin | 4%downside $110 | Overweight Maintained | 1 Aug 2025 |
Baird Craig Kennison | 22%downside $90 | Neutral Maintained | 20 Jun 2025 |
Financial journalist opinion
Based on 7 articles about PATK published over the past 30 days
Neutral
PRNewsWire
1 week ago
Patrick Industries, Inc. Declares Quarterly Cash Dividend
ELKHART, Ind. , Aug. 15, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") today announced that on August 14, 2025, its Board of Directors (the "Board") declared a quarterly cash dividend on its common stock of $0.40 per share.
Positive
Seeking Alpha
2 weeks ago
Patrick Industries: Outperformance Continues, But Don't Get Too Comfortable
Patrick Industries has outperformed the S&P 500 since my initial "Buy" rating, with a 143% gain versus 44% for the index. Recent results are mixed: revenue and adjusted EPS beat expectations, but management lowered 2025 guidance and reported a drop in GAAP EPS. The housing segment is resilient due to a persistent U.S. housing shortage, supporting manufactured housing demand despite broader economic headwinds.
Neutral
Seeking Alpha
2 weeks ago
Patrick Industries, Inc. (PATK) Q2 2025 Earnings Call Transcript
Patrick Industries, Inc. (NASDAQ:PATK ) Q2 2025 Earnings Conference Call July 31, 2025 10:00 AM ET Company Participants Andrew C. Roeder - CFO, Executive VP of Finance & Treasurer Andy L.
Positive
The Motley Fool
3 weeks ago
Patrick (PATK) Q2 Revenue Up 3%
Patrick Industries (PATK -3.80%), a manufacturing leader in recreational vehicles (RVs), marine, powersports, and housing markets, released its second-quarter results on July 31, 2025. GAAP revenue was $1.05 billion, above the analyst estimate of $1.027 billion, representing a 3.0% increase from the same quarter last year.
Neutral
Zacks Investment Research
3 weeks ago
Patrick Industries (PATK) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Patrick Industries (PATK) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
3 weeks ago
Patrick Industries (PATK) Q2 Earnings Surpass Estimates
Patrick Industries (PATK) came out with quarterly earnings of $1.5 per share, beating the Zacks Consensus Estimate of $1.41 per share. This compares to earnings of $1.44 per share a year ago.
Neutral
PRNewsWire
3 weeks ago
Patrick Industries, Inc. Reports Second Quarter 2025 Financial Results
Second Quarter 2025 Highlights (compared to Second Quarter 2024 unless otherwise noted) Net sales increased 3% to $1.05 billion, driven by 7% growth in the Company's RV business and 3% growth in its Housing business, which more than offset reductions of 1% and 7% in the Company's Marine and Powersports businesses, respectively. Operating income increased 2% to $87 million, while operating margin was 8.3%, or flat versus the prior year.
Neutral
PRNewsWire
1 month ago
Next Generation TMS Direct Replacement Aftermarket Motorcycle Speakers by Rockford Fosgate®, Now Shipping
TEMPE, Ariz. , July 25, 2025 /PRNewswire/ -- Rockford Fosgate (www.rockfordfosgate.com), the leader in high-performance audio systems, is now shipping the next generation of TMS direct replacement motorcycle speakers.
Neutral
PRNewsWire
1 month ago
Next Generation Stage-2, Stage-3 and Saddlebag Aftermarket Motorcycle Audio Kits by Rockford Fosgate®, Now Shipping
TEMPE, Ariz. , July 25, 2025 /PRNewswire/ -- Rockford Fosgate (www.rockfordfosgate.com), the industry leader in high-performance audio systems, proudly introduces the next generation of motorcycle audio kits—engineered specifically for select 2023.5 and newer Harley-Davidson® models equipped with the Skyline OS infotainment system.
Negative
Zacks Investment Research
1 month ago
Analysts Estimate Patrick Industries (PATK) to Report a Decline in Earnings: What to Look Out for
Patrick Industries (PATK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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