Patrick Industries, Inc. (PATK)

In the past six months, Patrick Industries' stock has experienced fluctuations and analyst attention. As of October 25, 2025, the stock price had gained 1.12% in the last trading session and a 5.87% return over the past week, contributing to a 249% 3-year total shareholder return. Q2 2025 earnings showed lower net income, despite revenue being up 3%. Management reduced its 2025 guidance, although RV operations revenue grew 7% year-over-year. Analysts have issued various ratings, with a consensus of "Buy" and price targets ranging from $95.00 to $114.00. Institutional investors own 93.29% of the company's stock, with several large investors buying and selling shares. Corporate insiders own 4.40% of the stock, with some insider selling activity reported in the last 90 days.

The RV, marine, and manufactured housing industries served by Patrick Industries have historically been seasonal, with sales and profits highest in the second quarter and lowest in the fourth quarter. The manufactured housing market typically experiences high sales from March through August. Demand for industrial market products generally lags new housing starts by four to six months. Recent and future seasonal industry trends may differ from prior years due to factors such as COVID-19, economic conditions, interest rates, financing availability, fuel costs, consumer confidence, and dealer inventories.

Patrick Industries, Inc. is a manufacturer and distributor of component products and building materials for the RV, marine, powersports, manufactured housing, and industrial markets. The company operates in the Consumer Discretionary sector, focusing on Furnishings, Fixtures & Appliances and Auto Parts: O.E.M. industries. Patrick Industries' business is segmented into manufacturing, which produces items like laminated panels, cabinets, bath fixtures, audio systems, countertops, and flooring, and distribution, which supplies pre-finished panels, electronics, appliances, marine accessories, lumber, doors, roofing, and lighting products. The company also provides transportation and logistics services.

Patrick Industries is headquartered in Elkhart, Indiana, and operates across North America with manufacturing and distribution facilities. The company has a presence throughout the United States, with additional operations in Mexico, China, and Canada.

Patrick Industries is a supplier of component solutions with over six decades of experience and a portfolio of over 86 brands. Rockford Corporation, a subsidiary, markets high-performance audio systems under the Rockford Fosgate® brand and showcased new products at the 2025 SEMA Experience. The company's ethos is rooted in the spirit of the enthusiast.

Major institutional investors hold 93.29% of Patrick Industries' stock. Recent institutional activities include Nuveen LLC purchasing a new position, American Century Companies Inc. increasing its stake, Tributary Capital Management LLC boosting its stake, and Balyasny Asset Management L.P. and Watchtower Advisors LP also buying new positions. Corporate insiders own 4.40% of the company's stock.