Patrick Industries (PATK) reported third-quarter 2026 net sales of $975.3 million, compared with $975.6 million a year earlier. Net income was $21.1 million, or $0.64 per diluted share, versus $35.3 million, or $1.01 per diluted share, in the prior-year quarter.
Marine, Powersports and Housing revenue increased, while RV revenue declined 15%. The company also reported $716 million in available liquidity and a 2.9x total net leverage ratio at quarter-end.
- GAAP operating income was $49.8 million, compared with $66.3 million in the third quarter of 2025.
- Marine revenue rose 14% to $171 million, Powersports revenue increased 30% to $128 million, and Housing revenue grew 4% to $314 million.
- RV revenue was $362 million, down 15% from the prior-year period.
- For the first nine months of 2026, net sales totaled $3.01 billion and net income was $104.0 million.
- Patrick returned $15 million to shareholders through regular quarterly dividends during the quarter.
- The company said its shareholder special meeting related to its planned all-stock merger with LCI Industries is scheduled for November 18, 2026.
$PATK Insider Trading Activity
$PATK insiders have traded $PATK stock on the open market 9 times in the past 6 months. Of those trades, 9 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $PATK stock by insiders over the last 6 months:
- M SCOTT WELCH has made 4 purchases buying 10,250 shares for an estimated $903,999 and 0 sales.
- ANDY L NEMETH (Chief Executive Officer) purchased 10,000 shares for an estimated $880,000
- CHARLES R ROEDER (President - RV) purchased 5,750 shares for an estimated $505,018
- JACOB R PETKOVICH (President - Marine) purchased 1,300 shares for an estimated $124,246
- MATTHEW S FILER purchased 1,000 shares for an estimated $85,500
- BLAKE AUGSBURGER purchased 400 shares for an estimated $34,076
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$PATK Hedge Fund Activity
We have seen 146 institutional investors add shares of $PATK stock to their portfolio, and 175 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 731,555 shares (+20.4%) to their portfolio in Q2 2026, for an estimated $65,679,007
- PRICE T ROWE ASSOCIATES INC /MD/ removed 659,956 shares (-93.0%) from their portfolio in Q2 2026, for an estimated $59,250,849
- COPELAND CAPITAL MANAGEMENT, LLC removed 647,658 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $43,898,259
- JPMORGAN CHASE & CO added 584,285 shares (+inf%) to their portfolio in Q2 2026, for an estimated $52,457,107
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 511,853 shares (+inf%) to their portfolio in Q2 2026, for an estimated $45,954,162
- SCHRODER INVESTMENT MANAGEMENT GROUP removed 458,701 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $41,182,175
- INVESCO LTD. removed 381,761 shares (-40.6%) from their portfolio in Q2 2026, for an estimated $34,274,502
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
