Analysts’ Recent Ratings Updates for Patrick Industries (PATK)

Patrick Industries (NASDAQ: PATK) has recently received a number of price target changes and ratings updates:

• 2/9/2026 – Patrick Industries had its “buy” rating reaffirmed by analysts at Roth Mkm. They now have a $157.00 price target on the stock.
• 2/6/2026 – Patrick Industries was given a new $140.00 price target on by analysts at Robert W. Baird.
• 2/6/2026 – Patrick Industries had its “buy” rating reaffirmed by analysts at Benchmark Co..
• 2/6/2026 – Patrick Industries had its “outperform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $155.00 price target on the stock.
• 2/6/2026 – Patrick Industries had its “overweight” rating reaffirmed by analysts at KeyCorp. They now have a $155.00 price target on the stock, up previously from $135.00.
• 1/16/2026 – Patrick Industries had its “buy” rating reaffirmed by analysts at Benchmark Co.. They now have a $140.00 price target on the stock, up previously from $115.00.
• 1/16/2026 – Patrick Industries had its “overweight” rating reaffirmed by analysts at KeyCorp. They now have a $135.00 price target on the stock, up previously from $120.00.
• 1/9/2026 – Patrick Industries was given a new $126.00 price target on by analysts at Truist Financial Corporation.

Patrick Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 9th. Stockholders of record on Monday, February 23rd will be issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Monday, February 23rd. Patrick Industries’s payout ratio is currently 48.08%.

Insider Transactions at Patrick Industries

In related news, CEO Andy L. Nemeth sold 25,000 shares of the firm’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 transaction of $2,875,000.00. Following the transaction, the chief executive officer owned 301,641 shares of the company’s stock, valued at approximately $34,688,715. This trade represents a 7.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Matthew S. Filer bought 1,000 shares of Patrick Industries stock in a transaction on Friday, February 6th. The stock was acquired at an average price of $139.91 per share, with a total value of $139,910.00. Following the completion of the purchase, the chief accounting officer directly owned 20,614 shares of the company’s stock, valued at approximately $2,884,104.74. The trade was a 5.10% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have sold a total of 31,607 shares of company stock valued at $3,823,904 in the last three months. 4.70% of the stock is currently owned by insiders.

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.