What to Know About This Fund’s $14 Million Patrick Industries Exit After a Tough Quarter
Patrick Industries supplies building products and materials to OEMs across the RV, marine, and manufactured housing sectors.
PATK - Patrick Industries, Inc.
Price:
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--
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$124.50
DETAILS
HIGH:
$150.00
LOW:
$108.00
MEDIAN:
$125.50
CONSENSUS:
$124.50
UPSIDE:
37.01%
Stock News
Patrick Industries, Inc. Declares Quarterly Cash Dividend
Patrick Industries, Inc. Declares Quarterly Cash Dividend PR Newswire ELKHART, Ind., May 15, 2026
Patrick Industries, Inc. Declares Quarterly Cash Dividend
ELKHART, Ind., May 15, 2026 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") today announced that on May 14, 2026 its Board of Directors (the "Board") declared a quarterly cash dividend on its common stock of $0.47 per share.
Patrick Industries, Inc. to Participate in Upcoming Investor Conferences
ELKHART, Ind., May 12, 2026 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, will participate in one-on-one meetings with investors and analysts at two upcoming conferences in May: Benchmark 4th Annual Consumer One-on-One Conference will be held in New York, NY on May 19, 2026.
Patrick Industries and LCI Industries Terminate Discussions Regarding Potential Merger of Equals
ELKHART, Ind., May 4, 2026 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, today announced that the Company and LCI Industries (NYSE: LCII) have terminated discussions regarding a potential business combination.
LCI Industries and Patrick Industries Terminate Discussions Regarding Potential Merger of Equals
ELKHART, Ind.--(BUSINESS WIRE)--LCI Industries (NYSE: LCII) today announced that the company and Patrick Industries (NASDAQ: PATK) have terminated discussions regarding a potential merger of equals, as the companies were unable to reach mutually agreeable terms. LCI Industries and Patrick Industries each previously confirmed discussions on April 17 and noted there could be no assurance that any such agreement would be reached. As previously announced, LCI Industries will release its first quart.
Patrick Industries, Inc. (PATK) Q1 2026 Earnings Call Transcript
Patrick Industries, Inc. (PATK) Q1 2026 Earnings Call Transcript
Patrick Industries (PATK) Reports Q1 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Patrick Industries (PATK) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Patrick Industries (PATK) Q1 Earnings Top Estimates
Patrick Industries (PATK) came out with quarterly earnings of $1.1 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $1.11 per share a year ago.
Patrick Industries, Inc. Reports First Quarter 2026 Financial Results
ELKHART, Ind., April 30, 2026 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, today reported financial results for the first quarter ended March 29, 2026.
Patrick Industries (PATK) Earnings Expected to Grow: Should You Buy?
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.
LCI Industries Confirms Discussions Regarding Potential Merger of Equals with Patrick Industries, Inc.
ELKHART, Ind.--(BUSINESS WIRE)--LCI Industries (NYSE: LCII) today confirmed that it is in discussions with Patrick Industries, Inc. (NASDAQ: PATK) regarding a possible merger of equals. These discussions are ongoing, and there can be no assurances that such discussions will result in a transaction or on what terms any transaction may occur. LCI Industries does not intend to comment further unless and until it determines further disclosure is appropriate. About LCI Industries LCI Industries (NYS.
Patrick Industries, Inc. Confirms Discussions with LCI Industries Regarding a Potential Merger of Equals
ELKHART, Ind., April 17, 2026 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, today confirmed that it is in discussions with LCI Industries (NYSE: LCII) regarding a potential merger of equals.
Patrick Industries, Inc. Announces First Quarter 2026 Earnings Release and Conference Call Webcast on April 30, 2026
ELKHART, Ind., April 16, 2026 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") today announced that it will release its first quarter 2026 financial results before the market opens on Thursday, April 30, 2026.
Patrick Industries Inc (PATK) Shares Fall 10.9% -- GF Value Says Still Overvalued
On April 15, 2026, Patrick Industries Inc (PATK) shares fell 10.9% to a current price of $99.26, marking a significant decline in a volatile market. Over the pa
Allspring Global Investments Holdings LLC Sells 15,739 Shares of Patrick Industries, Inc. $PATK
Allspring Global Investments Holdings LLC cut its position in shares of Patrick Industries, Inc. (NASDAQ: PATK) by 21.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 58,587 shares of the construction company's stock after selling 15,739 shares during the
Patrick Industries, Inc. (NASDAQ:PATK) Receives Consensus Rating of “Moderate Buy” from Brokerages
Shares of Patrick Industries, Inc. (NASDAQ: PATK - Get Free Report) have received a consensus rating of "Moderate Buy" from the nine brokerages that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year
Patrick Industries' COO Sold Company Shares Worth $1.5 Million. Should You Avoid the Stock?
COO Hugo Gonzalez sold 13,514 shares for a transaction value of ~$1.53 million at a weighted average price of $113.10 per share on March 12, 2026. The transaction represented 28.52% of Gonzalez's direct holdings, reducing direct ownership from 47,378 to 33,864 shares.
Patrick Industries, Inc. Debuts First-of-its-Kind Digital Design Studio for RV, Marine, and Powersports Industries
ELKHART, Ind., March 26, 2026 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, today announced the public debut of The Experience, a collaborative digital design studio that empowers customers to bring ideas to life in real time, prototype at full scale, and make faster, more efficient decisions across the markets they serve.
Citigroup Inc. Has $2.12 Million Position in Patrick Industries, Inc. $PATK
Citigroup Inc. lessened its holdings in Patrick Industries, Inc. (NASDAQ: PATK) by 38.9% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,501 shares of the construction company's stock after selling 13,076 shares during the quarter. Citigroup Inc. owned 0.06% of Patrick
Price Targets
Patrick Industries price target lowered to $128 from $140 at Roth Capital
$128.00
(was $87.68)
Roth Capital
Patrick Industries price target lowered to $110 from $120 at Baird
$110.00
(was $90.44)
Craig Kennison
·
Robert W. Baird
Patrick Industries price target lowered to $108 from $155 at Raymond James
$108.00
(was $90.32)
Raymond James
Patrick Industries price target lowered to $125 from $140 at KeyBanc
$125.00
(was $93.00)
KeyBanc
Patrick Industries price target lowered to $150 from $155 at BMO Capital
$150.00
(was $104.42)
Tristan Thomas-Martin
·
BMO Capital
Patrick Industries price target lowered to $140 from $157 at Roth Capital
$140.00
(was $99.63)
Scott Stember
·
Roth Capital
Patrick Industries price target lowered to $140 from $155 at KeyBanc
$140.00
(was $118.59)
KeyBanc
Patrick Industries price target raised to $157 from $115 at Roth Capital
$157.00
(was $138.00)
Scott Stember
·
Roth Capital
Patrick Industries price target raised to $140 from $110 at Baird
$140.00
(was $139.69)
Robert W. Baird
Patrick Industries price target raised to $155 from $140 at BMO Capital
$155.00
(was $141.31)
BMO Capital
Patrick Industries price target raised to $155 from $135 at KeyBanc
$155.00
(was $141.91)
KeyBanc
Patrick Industries price target raised to $126 from $114 at Truist
$126.00
(was $117.56)
Gregory Miller
·
Truist Financial
Patrick Industries price target raised to $120 from $115 at KeyBanc
$120.00
(was $108.56)
KeyBanc
Patrick Industries price target raised to $115 from $110 at KeyBanc
$115.00
(was $102.26)
KeyBanc
Patrick Industries price target raised to $115 from $108 at Roth Capital
$115.00
(was $99.94)
Scott Stember
·
Roth Capital
Patrick Industries (PATK) PT Raised to $115 at BMO Capital
$115.00
(was $100.83)
Tristan Thomas-Martin
·
BMO Capital
Patrick Industries price target raised to $114 from $105 at Truist
$114.00
(was $100.06)
Michael Swartz
·
Truist Financial
Patrick Industries price target lowered to $84 from $96 at Baird
$84.00
(was $82.83)
Craig Kennison
·
Robert W. Baird
Patrick Industries downgraded to Neutral from Outperform at Baird
$96.00
(was $78.60)
Robert W. Baird
Patrick Industries price target lowered to $105 from $110 at Truist
$105.00
(was $82.82)
Michael Swartz
·
Truist Financial