Patrick Industries (PATK)
Manufactures and distributes components for RV, marine, powersports, manufactured housing and industrial markets.
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Manufactures and distributes interior, structural, electrical, audio and building components for RV, marine, powersports, manufactured-housing and industrial OEMs. A mostly U.S. production network serves nearby customers, with RV as the largest end market and results tied to OEM output and discretionary demand.
Manufactures and distributes components for recreational vehicles, boats, powersports equipment, manufactured housing and industrial construction. Its two reportable segments, Manufacturing and Distribution, span laminated panels, cabinetry, countertops, electrical and plumbing systems, marine structures, audio equipment, protective covers and building materials. A mostly U.S. plant and warehouse network sits near OEM customers, shortening delivery routes and supporting integrated design-to-delivery service.
RV manufacturers form the largest end market, while marine, powersports, manufactured housing and industrial customers broaden demand. Growth has combined product development with acquisitions whose brands retain specialized market expertise. Results remain tied to OEM production, dealer inventories and discretionary purchases, with meaningful sales concentration among major customers. An all-stock merger with Lippert is pending shareholder and regulatory approvals; the businesses remain separate until closing.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 1, 2026 | Northcoast Research | Target | Target: — | Target: $121 |
| Aug 10, 2026 | Truist Financial | Target | Target: $113 | Target: $108 |
| Jul 31, 2026 | Roth Capital | Target | Target: $128 | Target: $114 |
| Jul 31, 2026 | Raymond James | Reiterate | Rating: —Target: $108 | Target: $94 |
| Jul 31, 2026 | D.A. Davidson | Target | Target: $114 | Target: $85 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 28, 2026Cash & short-term investments $29.2M · Total debt $1.65B · Total assets $3.21B · Shareholders' equity $1.13B
- Revenue
- $1.04B
- Operating income
- $77.0M
- Net income
- $43.4M
HistoryDividendAnnual yield
| Institutions | 113.31% | 36.39M shares | |
|---|---|---|---|
| 336 holders · as of Jun 30, 2026 | |||
| Insiders | 3.96% | 1.27M shares | |
| 21 holders · as of Jun 24, 2026 | |||
| Adds to | 117.27% | ||
32.12M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 117.27%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 15.58% | 5.00M | as of Jun 30, 2026 |
FMR LLCInstitution | 13.43% | 4.31M | as of Jun 30, 2026 |
RBC Global Asset Management (U.S.) Inc.Institution | 6.88% | 2.21M | filed Jan 30, 2019 |
Wellington Management Group LLPInstitution | 5.06% | 1.62M | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 4.65% | 1.49M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 6, 2026 | Jacob R. Petkovich | officer: President - Marine | +1,300 | $95.57 |
| Jun 10, 2026 | M. Scott Welch | director | +100 | $83.85 |
| May 19, 2026 | M. Scott Welch | director | +100 | $89.44 |
| May 5, 2026 | Charles R. Roeder | officer: President - RV | +5,750 | $87.83 |
| May 5, 2026 | Matthew S. Filer | other: EVP Finance, CFO & Treasurer | +1,000 | $85.50 |
- LCI Industries
Dominant RV and MH component supplier across most of the same OEM relationships.
- Brunswick
Marine industry leader; aftermarket P&A arm competes in dealer/retail hardware.
- UFP Industries
Manufactures wood panels, trusses, and interior components for MH and RV OEMs.
- Camping World
Largest US RV dealer with nationwide aftermarket parts retail and e-commerce.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Patrick Industries | $70.90 | +2.59% | $2.27B | 16.4 | 15.0 | 0.6 | −0.6% |
| LCI Industries | $88.15 | +1.38% | $2.11B | — | 9.9 | — | −12.5% |
| Brunswick | $66.35 | +0.53% | $4.29B | — | 13.5 | 0.8 | +7.7% |
| UFP Industries | $82.65 | +2.96% | $4.53B | 18.5 | 16.2 | 0.7 | +2.6% |
| Camping World | $5.63 | +2.65% | $348.1M | — | 8.6 | 0.1 | −2.1% |
| Median | 18.5 | 11.7 | 0.7 | +0.2% |