Analysts’ Recent Ratings Changes for Patrick Industries (PATK)

Several analysts have recently updated their ratings and price targets for Patrick Industries (NASDAQ: PATK):

• 8/11/2026 – Patrick Industries had its “buy” rating reaffirmed by Benchmark Co.. They now have a $115.00 price target on the stock, down from $135.00.
• 8/10/2026 – Patrick Industries was given a new $108.00 price target by Truist Financial Corporation. They now have a “buy” rating on the stock.
• 7/31/2026 – Patrick Industries was given a new $114.00 price target by Roth Capital.
• 7/31/2026 – Patrick Industries had its “outperform” rating reaffirmed by Raymond James Financial, Inc.. They now have a $94.00 price target on the stock.
• 7/22/2026 – Patrick Industries had its price target lowered by KeyCorp from $125.00 to $115.00. They now have an “overweight” rating on the stock.
• 7/8/2026 – Patrick Industries had its price target lowered by Truist Financial Corporation from $126.00 to $113.00. They now have a “buy” rating on the stock.
• 6/29/2026 – Patrick Industries was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.

Patrick Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 24th will be paid a $0.47 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.2%. Patrick Industries’s dividend payout ratio is 44.55%.

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.