67,065 Shares in Patrick Industries, Inc. $PATK Bought by Atom Investors LP

Posted by Stanley Muller on Jun 17th, 2026

Atom Investors LP acquired a new position in shares of Patrick Industries, Inc. (NASDAQ:PATK – Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 67,065 shares of the construction company’s stock, valued at approximately $7,272,000.

A number of other hedge funds have also recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Patrick Industries by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,302 shares of the construction company’s stock valued at $1,632,000 after buying an additional 851 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Patrick Industries by 5.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 70,446 shares of the construction company’s stock valued at $5,957,000 after buying an additional 3,748 shares in the last quarter. Strs Ohio acquired a new position in Patrick Industries during the 1st quarter valued at about $42,000. Cetera Investment Advisers increased its position in Patrick Industries by 64.8% during the 2nd quarter. Cetera Investment Advisers now owns 6,058 shares of the construction company’s stock valued at $559,000 after buying an additional 2,381 shares in the last quarter. Finally, Hsbc Holdings PLC acquired a new position in Patrick Industries during the 2nd quarter valued at about $340,000. 93.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Patrick Industries

In other news, CFO Matthew S. Filer purchased 1,000 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were acquired at an average price of $85.50 per share, for a total transaction of $85,500.00. Following the purchase, the chief financial officer owned 21,614 shares in the company, valued at $1,847,997. This trade represents a 4.85% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Charles R. Roeder purchased 5,750 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were purchased at an average price of $87.83 per share, for a total transaction of $505,022.50. Following the purchase, the insider owned 42,147 shares in the company, valued at approximately $3,701,771.01. The trade was a 15.80% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders have bought 27,400 shares of company stock worth $2,408,639. 3.80% of the stock is owned by corporate insiders.

Patrick Industries Stock Up 1.1%

Patrick Industries stock opened at $87.13 on Wednesday. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.04 and a current ratio of 2.71. The business’s 50-day simple moving average is $96.02 and its two-hundred day simple moving average is $111.48. The company has a market cap of $2.87 billion, a PE ratio of 22.34 and a beta of 1.09. Patrick Industries, Inc. has a fifty-two week low of $82.35 and a fifty-two week high of $148.50.

Patrick Industries (NASDAQ:PATK – Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The construction company reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.02. The business had revenue of $997.17 million for the quarter, compared to the consensus estimate of $989.06 million. Patrick Industries had a return on equity of 13.24% and a net margin of 3.46%.The company’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.11 EPS. Equities analysts anticipate that Patrick Industries, Inc. will post 4.94 EPS for the current year.

Patrick Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 8th. Shareholders of record on Tuesday, May 26th were paid a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 2.2%. The ex-dividend date was Tuesday, May 26th. Patrick Industries’s payout ratio is presently 48.21%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Wall Street Zen lowered Patrick Industries from a “buy” rating to a “hold” rating in a research report on Sunday, April 12th. Robert W. Baird set a $110.00 target price on Patrick Industries in a research report on Friday, May 1st. KeyCorp reduced their target price on Patrick Industries from $140.00 to $125.00 and set an “overweight” rating on the stock in a research report on Friday, May 1st. Benchmark reduced their target price on Patrick Industries from $150.00 to $135.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Finally, Roth Mkm set a $128.00 target price on Patrick Industries in a research report on Tuesday, May 5th. Six analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $122.63.

Read Our Latest Analysis on Patrick Industries

Patrick Industries Profile

(Free Report)

Patrick Industries, Inc is a leading manufacturer and distributor of component products and building materials for the recreational vehicle (RV), manufactured housing, marine and industrial markets. The company supplies a broad array of interior and exterior products, including cabinetry, countertops, flooring, wall panels and decorative trim. Patrick Industries also offers engineered composites, adhesives, sealants and insulation solutions that cater to both original equipment manufacturers (OEMs) and aftermarket customers across North America.

Founded in 1959 and headquartered in Elkhart, Indiana, Patrick Industries began as a small distributor of hardwood and millwork products.