Patrick Industries
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
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
280% more call options, than puts
Call options by funds: $913K | Put options by funds: $240K
33% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]
15% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 102
14% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 36
9% more capital invested
Capital invested by funds: $3.02B [Q1] → $3.3B (+$281M) [Q2]
0.86% more ownership
Funds ownership: 106.1% [Q1] → 106.97% (+0.86%) [Q2]
0% more funds holding
Funds holding: 311 [Q1] → 311 (+0) [Q2]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
BMO Capital
Tristan Thomas-Martin
|
$110
|
Outperform
Maintained
|
1 Aug 2025 |
Benchmark
Michael Albanese
|
$110
|
Buy
Maintained
|
1 Aug 2025 |
Raymond James
Joseph Altobello
|
$109
|
Outperform
Maintained
|
1 Aug 2025 |
Keybanc
Noah Zatzkin
|
$110
|
Overweight
Maintained
|
1 Aug 2025 |
Baird
Craig Kennison
|
$90
|
Neutral
Maintained
|
20 Jun 2025 |
Financial journalist opinion
Based on 3 articles about PATK published over the past 30 days