Patrick Industries (NASDAQ:PATK) Reaches New 12-Month High After Better-Than-Expected Earnings

Patrick Industries, Inc. (NASDAQ:PATK)’s stock price hit a new 52-week high on Thursday after the company announced better than expected quarterly earnings. The stock traded as high as $143.16 and last traded at $138.97, with a volume of 103721 shares traded. The stock had previously closed at $134.71.

The construction company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.10. The company had revenue of $924.17 million for the quarter, compared to analyst estimates of $858.62 million. Patrick Industries had a return on equity of 13.28% and a net margin of 3.42%.The company’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period last year, the company earned $0.52 earnings per share.

Patrick Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 9th. Stockholders of record on Monday, February 23rd will be issued a $0.47 dividend. The ex-dividend date is Monday, February 23rd. This represents a $1.88 annualized dividend and a dividend yield of 1.3%. Patrick Industries’s dividend payout ratio (DPR) is 53.71%.

Key Headlines Impacting Patrick Industries

Here are the key news stories impacting Patrick Industries this week:

• Positive Sentiment: Q4 results beat expectations — PATK posted $0.84 EPS vs. ~$0.74 consensus and revenue of $924.2M vs. ~$858.6M, with revenue up ~9% year-over-year; investors typically reward beats like this. Patrick Industries, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results and Declares Quarterly Cash Dividend
• Positive Sentiment: Management expects 70–90 basis points of operating-margin improvement in 2026 and is expanding composite and aftermarket strategies — this guidance points to margin leverage and higher long-term profitability if execution holds. Patrick Industries outlines 70–90 bps operating margin improvement for 2026 while expanding composite and aftermarket strategies
• Positive Sentiment: Market commentary says recent stock surge has alleviated valuation doubts — momentum and positive sentiment from results/guidance are reinforcing investor confidence. Patrick Industries’ Surge Removes Doubts About Its Valuation
• Positive Sentiment: Quarterly dividend declared (next record/ex-div dates set) — a cash return and yield (~1.3% annualized) can support investor demand from income-focused holders. Patrick Industries, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results and Declares Quarterly Cash Dividend
• Neutral Sentiment: Quarterly earnings snapshot and call highlights provide color on sales strength across end markets but no major change to long-term guidance beyond margin targets. Patrick Industries: Q4 Earnings Snapshot
• Neutral Sentiment: Media earnings summaries and call highlights emphasize strong sales growth but suggest investors should watch execution on composites and aftermarket rollouts. Patrick Industries Inc (PATK) Q4 2025 Earnings Call Highlights: Strong Sales Growth Amid Market …
• Neutral Sentiment: Analyst notes (Zacks et al.) compare key metrics to Street estimates and prior-year results — consensus still expects ~5.33 EPS for the year, but that depends on margin recovery. Patrick Industries (PATK) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
• Negative Sentiment: Valuation and balance-sheet metrics are risk factors — PATK trades at a high P/E (~40x) with leverage (debt/equity ~1.13) and modest net margin (~3.1%); if margin improvement stalls, valuation could come under pressure. Patrick Industries Earnings Report & Materials

Analyst Upgrades and Downgrades

PATK has been the subject of a number of research analyst reports. Weiss Ratings downgraded Patrick Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. Robert W. Baird set a $140.00 price objective on Patrick Industries in a report on Friday. Benchmark reaffirmed a “buy” rating on shares of Patrick Industries in a research note on Friday. Roth Mkm set a $115.00 price target on shares of Patrick Industries and gave the stock a “buy” rating in a research report on Friday, October 31st. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $155.00 price target on shares of Patrick Industries in a report on Friday. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Patrick Industries has an average rating of “Moderate Buy” and a consensus price target of $129.88.

Insider Activity

In related news, CEO Andy L. Nemeth sold 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $115.00, for a total value of $2,875,000.00. Following the completion of the sale, the chief executive officer owned 301,641 shares in the company, valued at approximately $34,688,715. This represents a 7.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.40% of the stock is owned by corporate insiders.

Institutional Trading of Patrick Industries

Hedge funds and other institutional investors have recently modified their holdings of the business. Salomon & Ludwin LLC purchased a new stake in Patrick Industries in the 3rd quarter worth about $25,000. Advisory Services Network LLC acquired a new position in shares of Patrick Industries in the 3rd quarter valued at about $25,000. Torren Management LLC purchased a new position in Patrick Industries during the fourth quarter valued at approximately $26,000. Cornerstone Planning Group LLC acquired a new position in Patrick Industries in the 3rd quarter valued at approximately $31,000. Finally, Allworth Financial LP boosted its stake in shares of Patrick Industries by 181.3% during the 4th quarter. Allworth Financial LP now owns 315 shares of the construction company’s stock valued at $34,000 after buying an additional 203 shares during the period. Institutional investors and hedge funds own 93.29% of the company’s stock.

Patrick Industries Stock Performance

The company has a current ratio of 2.51, a quick ratio of 0.86 and a debt-to-equity ratio of 1.08. The firm’s fifty day moving average price is $118.40 and its 200 day moving average price is $109.51. The firm has a market capitalization of $4.69 billion, a PE ratio of 36.02, a PEG ratio of 1.47 and a beta of 1.34.

Patrick Industries Company Profile

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.