STOCK TITAN

Patrick Inds (PATK) Stock News

PATK Nasdaq

Welcome to our dedicated page for Patrick Inds news (Ticker: PATK), a resource for investors and traders seeking the latest updates and insights on Patrick Inds stock.

Patrick Industries reports developments tied to its component solutions business for RV, marine, powersports, manufactured housing and industrial markets. The company serves OEM and aftermarket customers through design, manufacturing, distribution and transportation capabilities, with products that include laminated materials, fabricated aluminum products, cabinetry, doors, furniture and related components.

Recurring news includes quarterly results by Outdoor Enthusiast and Housing markets, cash dividend actions, product and design initiatives such as The Experience digital design studio, subsidiary updates involving Rockford Fosgate, investor conference participation and corporate-development matters.

Rhea-AI Summary

Rockford Fosgate has unveiled its 2025 lineup of Harley-Davidson Stage III audio systems, specifically designed for 2023.5 and newer Street and Road Glide models. The new lineup features 6.5-inch fairing speakers and 6x9 saddlebag speakers, both incorporating a 3-way bridge-mounted system delivering 250 watts per speaker. Design updates include Hot Rod Red trim rings and matching red badging on the grilles.

The speakers are engineered to optimize sound clarity for rider positioning and feature Element Ready™ technology for all-weather performance. Harley-Davidson will offer complete Stage III audio kits that include the speakers, a 500-watt primary amplifier, and saddlebag installation kit. The systems will be available through Harley-Davidson dealerships and their website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
Tags
none
-
Rhea-AI Summary

Patrick Industries (NASDAQ: PATK) has announced it will release its fourth quarter and full-year 2024 financial results before market opening on Thursday, February 6, 2025. The company will host a conference call at 10:00 a.m. Eastern Time on the same day to discuss results and business matters.

The conference call's Q&A session will be restricted to institutional investors and analysts. Interested parties can join via the dial-in number (877) 407-9036 or listen to the live webcast on Patrick's website. A replay will be available on the company's investor relations website.

Patrick Industries is a leading component solutions provider for the RV, Marine, Powersports, and Housing markets, operating since 1959. The company encompasses over 85 brands and employs approximately 10,000 team members across the United States, with headquarters in Elkhart, Indiana.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
Tags
conferences earnings
-
Rhea-AI Summary

Patrick Industries (NASDAQ: PATK), a leading component solutions provider for Outdoor Enthusiast and Housing markets, has announced its participation in the CJS Securities 25th Annual "New Ideas for the New Year" Conference on January 14, 2025. The virtual conference will feature Patrick in a fireside chat and one-on-one meetings with institutional investors and analysts.

Founded in 1959, Patrick Industries serves the RV, Marine, Powersports and Housing markets, operating with more than 85 leading brands. The company employs approximately 10,000 skilled team members across the United States and is headquartered in Elkhart, Indiana. Patrick's business model integrates design, manufacturing, distribution, and transportation in a comprehensive solutions approach, positioning itself as a trusted partner in the industry.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.78%
Tags
conferences
Rhea-AI Summary

Rockford Fosgate, a global leader in high-performance audio systems, marks its 45th anniversary in 2025. Founded in 1980, the company has pioneered innovations across mobile, marine, motorcycle, and motorsports audio platforms. The company's foundation traces back to Jim Fosgate, recognized as the pioneer of car audio amplifiers, who first showcased Fosgate Electronics® at the 1973 Consumer Electronics Show in Chicago.

Under the leadership of President Zach Luke, the company continues to build on its legacy of innovation and customer service. To celebrate this milestone, Rockford Fosgate plans to launch special collaborations throughout the year, as announced by Marketing Director Tammy Lowe. The anniversary celebrates not just achievements but also acknowledges the contributions of employees, customers, and partners who have been integral to the company's success.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.14%
Tags
none
-
Rhea-AI Summary

Patrick Industries (NASDAQ: PATK), a component solutions provider for Outdoor Enthusiast and Housing markets, has announced its participation in the Truist Securities 12th Annual Gaming, Lodging, Leisure & Restaurants Summit on December 12, 2024. The event will be held at the Encore Boston Harbor Hotel in Everett, MA.

CEO Andy Nemeth and President of Powersports, Technology and Housing Kip Ellis will conduct one-on-one meetings with institutional investors and analysts during the conference. Patrick Industries serves RV, Marine, Powersports, and Housing markets, managing over 85 brands and employing approximately 10,000 team members across the United States since its establishment in 1959.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
conferences
-
Rhea-AI Summary

Patrick Industries (NASDAQ: PATK), a leading component solutions provider for Outdoor Enthusiast and Housing markets, announces its inaugural Investor Day scheduled for December 3, 2024 in New York, NY. The event will feature senior management presentations on strategic initiatives, growth opportunities, and long-term financial framework, including Q&A sessions.

The live webcast begins at 10:30 a.m. Eastern Time, with presentation materials and replay available on the company's website. Patrick Industries serves RV, Marine, Powersports, and Housing markets through more than 85 brands, employing approximately 10,000 team members across the United States since 1959.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.52%
Tags
conferences
Rhea-AI Summary

Patrick Industries (NASDAQ: PATK) announced a three-for-two stock split through a stock dividend, providing one additional share for every two shares held. The split is effective for shareholders of record as of November 29, 2024, payable on December 13, 2024, with post-split trading beginning December 16, 2024. This will increase outstanding shares from 22.4 million to 33.6 million. The company also confirmed its previously announced increased quarterly cash dividend of $0.60 per share on a pre-split basis, payable December 9, 2024. Management views these actions as reflecting confidence in the company's long-term growth prospects and aims to enhance share liquidity.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
Tags
-
Rhea-AI Summary

Patrick Industries (NASDAQ: PATK) announced two significant shareholder-focused initiatives: an increase in its quarterly cash dividend from $0.55 to $0.60 per share, payable December 9, 2024, to shareholders of record as of November 25, 2024. Additionally, the Board expanded the company's stock repurchase program to $200.0 million over the next 24 months, including $72.9 million remaining from the previous authorization. CEO Andy Nemeth emphasized these moves reflect their balanced capital allocation strategy and confidence in the company's long-term earnings potential and free cash flow generation capabilities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.11%
Tags
buybacks dividends
-
Rhea-AI Summary

Patrick Industries (NASDAQ: PATK), a leading component solutions provider for Outdoor Enthusiast and Housing markets, announces its participation in Baird's 2024 Global Industrial Conference on November 12, 2024, at the Ritz-Carlton in Chicago. CEO Andy Nemeth and President Kip Ellis will engage in a fireside chat and one-on-one meetings with institutional investors and analysts.

Patrick Industries serves RV, Marine, Powersports, and Housing markets with over 85 leading brands. Founded in 1959, the company employs approximately 10,000 team members across the United States, offering comprehensive solutions including design, manufacturing, distribution, and transportation services.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.86%
Tags
conferences
Rhea-AI Summary

Rockford Fosgate, a high-performance audio systems company, announces that metal engraver Hank Robinson from HANRO Studios will perform live demonstrations at their SEMA booth (North Hall, #10509) on November 5th and 6th from 11 a.m. to 1 p.m. Robinson, a U.S. Army combat veteran and founder of HANRO Studios, will create unique artwork celebrating Rockford Fosgate's upcoming 45th anniversary. His work combines traditional engraving with automotive and motorcycle culture, earning recognition in the custom automotive industry.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.93%
Tags
none

FAQ

What is the current stock price of Patrick Inds (PATK)?

The current stock price of Patrick Inds (PATK) is $87.56 as of August 5, 2026.

What is the market cap of Patrick Inds (PATK)?

The market cap of Patrick Inds (PATK) is approximately 2.9B.