Patrick Industries (PATK) News Today

$111.39
-1.10 (-0.98%)
(As of 05/17/2024 08:54 PM ET)
Dimensional Fund Advisors LP Acquires 21,735 Shares of Patrick Industries, Inc. (NASDAQ:PATK)
Dimensional Fund Advisors LP raised its holdings in Patrick Industries, Inc. (NASDAQ:PATK - Free Report) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,443,213 shares of the construction company's stock after buying an additiona
Patrick Industries, Inc. (NASDAQ:PATK) Shares Sold by Essex Investment Management Co. LLC
Essex Investment Management Co. LLC decreased its position in Patrick Industries, Inc. (NASDAQ:PATK - Free Report) by 28.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,093 shares of the cons
Patrick Industries, Inc. Expected to Post Q2 2024 Earnings of $1.99 Per Share (NASDAQ:PATK)
Patrick Industries, Inc. (NASDAQ:PATK - Free Report) - Research analysts at Roth Capital reduced their Q2 2024 EPS estimates for Patrick Industries in a report issued on Monday, May 6th. Roth Capital analyst S. Stember now anticipates that the construction company will earn $1.99 per share for th
Patrick Industries (NASDAQ:PATK) Earns "Buy" Rating from Roth Mkm
Roth Mkm reissued a "buy" rating and set a $126.00 price target (up from $120.00) on shares of Patrick Industries in a research note on Monday.
Patrick Industries (NASDAQ:PATK) Announces Earnings Results
Patrick Industries (NASDAQ:PATK - Get Free Report) issued its quarterly earnings results on Thursday. The construction company reported $1.79 EPS for the quarter, topping the consensus estimate of $1.32 by $0.47. Patrick Industries had a return on equity of 14.31% and a net margin of 4.12%. The company had revenue of $933.50 million for the quarter, compared to the consensus estimate of $829.22 million. During the same period in the previous year, the business posted $1.35 EPS. The company's revenue for the quarter was up 3.7% on a year-over-year basis.
Patrick Industries (NASDAQ:PATK) Given New $125.00 Price Target at BMO Capital Markets
BMO Capital Markets boosted their price objective on Patrick Industries from $120.00 to $125.00 and gave the stock an "outperform" rating in a research note on Friday.
10,400 Shares in Patrick Industries, Inc. (NASDAQ:PATK) Acquired by Louisiana State Employees Retirement System
Louisiana State Employees Retirement System acquired a new stake in Patrick Industries, Inc. (NASDAQ:PATK - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 10,400 shares of the construction company's stock, valued at
KeyBanc Sticks to Its Buy Rating for Patrick Industries (PATK)
Patrick Industries is Now Oversold (PATK)
Patrick Industries, Inc. (NASDAQ:PATK) Sees Large Drop in Short Interest
Patrick Industries, Inc. (NASDAQ:PATK - Get Free Report) was the target of a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 1,340,000 shares, a decline of 16.8% from the March 15th total of 1,610,000 shares. Based on an average daily trading volume, of 178,000 shares, the short-interest ratio is presently 7.5 days. Currently, 6.3% of the shares of the company are short sold.
Patrick Industries (NASDAQ:PATK) Rating Reiterated by Truist Financial
Truist Financial restated a "buy" rating and set a $130.00 price target on shares of Patrick Industries in a research note on Friday.
Patrick Industries, Inc. (NASDAQ:PATK) Receives Consensus Rating of "Moderate Buy" from Brokerages
Shares of Patrick Industries, Inc. (NASDAQ:PATK - Get Free Report) have received an average rating of "Moderate Buy" from the seven research firms that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, one has issue
Vanguard Group Inc. Has $124.08 Million Stake in Patrick Industries, Inc. (NASDAQ:PATK)
Vanguard Group Inc. lessened its stake in Patrick Industries, Inc. (NASDAQ:PATK - Free Report) by 4.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,653,103 shares of the construction company's stock after selling 72,
Patrick Industries, Inc. (NASDAQ:PATK) Short Interest Up 22.9% in March
Patrick Industries, Inc. (NASDAQ:PATK - Get Free Report) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 1,610,000 shares, a growth of 22.9% from the February 29th total of 1,310,000 shares. Based on an average daily volume of 173,700 shares, the short-interest ratio is currently 9.3 days. Currently, 7.6% of the shares of the company are sold short.
Pacer Advisors Inc. Acquires 297,381 Shares of Patrick Industries, Inc. (NASDAQ:PATK)
Pacer Advisors Inc. grew its position in Patrick Industries, Inc. (NASDAQ:PATK - Free Report) by 39.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,046,059 shares of the construction company's stock after acquiring an additional 297,381 shares during the
Public Sector Pension Investment Board Has $1.94 Million Stake in Patrick Industries, Inc. (NASDAQ:PATK)
Public Sector Pension Investment Board decreased its stake in Patrick Industries, Inc. (NASDAQ:PATK - Free Report) by 31.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,807 shares of the construction company's st
PATK Apr 2024 120.000 call
PATK Apr 2024 115.000 call
Patrick Industries (NASDAQ:PATK) Raised to Buy at StockNews.com
StockNews.com raised Patrick Industries from a "hold" rating to a "buy" rating in a research note on Wednesday.
AQR Capital Management LLC Has $5.73 Million Holdings in Patrick Industries, Inc. (NASDAQ:PATK)
AQR Capital Management LLC cut its position in Patrick Industries, Inc. (NASDAQ:PATK - Free Report) by 13.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 76,299 shares of the constru
Envestnet Asset Management Inc. Grows Stock Holdings in Patrick Industries, Inc. (NASDAQ:PATK)
Envestnet Asset Management Inc. raised its position in shares of Patrick Industries, Inc. (NASDAQ:PATK - Free Report) by 49.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 46,147 shares of the construction company's stock after buying an ad
Patrick Industries Appoints Andy Roeder As New CFO
PATK Mar 2024 55.000 put
Invesco Ltd. Raises Stake in Patrick Industries, Inc. (NASDAQ:PATK)
Invesco Ltd. lifted its position in shares of Patrick Industries, Inc. (NASDAQ:PATK - Free Report) by 7.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 277,265 shares of the construc
Patrick Industries, Inc. (NASDAQ:PATK) Director Sells $14,405.05 in Stock
Patrick Industries, Inc. (NASDAQ:PATK - Get Free Report) Director M Scott Welch sold 121 shares of the stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $119.05, for a total value of $14,405.05. Following the sale, the director now owns 7,681 shares of the company's stock, valued at approximately $914,423.05. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Patrick Industries, Inc. (NASDAQ:PATK) Shares Sold by Citigroup Inc.
Citigroup Inc. lessened its stake in Patrick Industries, Inc. (NASDAQ:PATK - Free Report) by 40.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 12,481 shares of the construction company's stock after selling 8,570 shares during the period. Citigroup Inc. owne
O Shaughnessy Asset Management LLC Purchases 21,585 Shares of Patrick Industries, Inc. (NASDAQ:PATK)
O Shaughnessy Asset Management LLC boosted its position in Patrick Industries, Inc. (NASDAQ:PATK - Free Report) by 103.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,470 shares of the construc
Dark Forest Capital Management LP Makes New Investment in Patrick Industries, Inc. (NASDAQ:PATK)
Dark Forest Capital Management LP acquired a new stake in Patrick Industries, Inc. (NASDAQ:PATK - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 7,978 shares of the construction company's
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PATK Media Sentiment

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Construction
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This page (NASDAQ:PATK) was last updated on 5/20/2024 by MarketBeat.com Staff

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