Patrick Industries Ownership
| PATK Stock | USD 92.72 0.51 0.55% |
Shares in Circulation | First Issued 1985-09-30 | Previous Quarter 22.2 M | Current Value 22.6 M | Avarage Shares Outstanding 16.2 M | Quarterly Volatility 6.1 M |
Patrick |
Patrick Stock Ownership Analysis
About 96.0% of the company shares are owned by institutional investors. The book value of Patrick Industries was at this time reported as 50.38. The company has Price/Earnings To Growth (PEG) ratio of 1.88. Patrick Industries last dividend was issued on the 25th of November 2024. The entity had 3:2 split on the 16th of December 2024. Patrick Industries, Inc. manufactures and distributes components, building products, and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, China, and Canada. The company was founded in 1959 and is headquartered in Elkhart, Indiana. Patrick Inds operates under Furnishings, Fixtures Appliances classification in the United States and is traded on NASDAQ Exchange. It employs 12000 people. To find out more about Patrick Industries contact Todd Cleveland at 574 294 7511 or learn more at https://ir.patrickind.com.Besides selling stocks to institutional investors, Patrick Industries also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Patrick Industries' stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Patrick Industries' strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Patrick Industries Quarterly Liabilities And Stockholders Equity |
|
Patrick Industries Insider Trades History
About 4.0% of Patrick Industries are currently held by insiders. Unlike Patrick Industries' institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Patrick Industries' private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Patrick Industries' insider trades
Patrick Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Patrick Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Patrick Industries backward and forwards among themselves. Patrick Industries' institutional investor refers to the entity that pools money to purchase Patrick Industries' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Loomis, Sayles & Company Lp | 2024-09-30 | 346.9 K | T. Rowe Price Associates, Inc. | 2024-09-30 | 333.9 K | Macquarie Group Ltd | 2024-09-30 | 330.7 K | Gw&k Investment Management, Llc | 2024-09-30 | 286.3 K | Bank Of New York Mellon Corp | 2024-09-30 | 258.1 K | Northern Trust Corp | 2024-09-30 | 229.6 K | Goldman Sachs Group Inc | 2024-09-30 | 227.4 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 220.6 K | Ing Investment Management Llc | 2024-09-30 | 219.7 K | Blackrock Inc | 2024-09-30 | 3.6 M | Fmr Inc | 2024-09-30 | 3.2 M |
Patrick Industries Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Patrick Industries insiders, such as employees or executives, is commonly permitted as long as it does not rely on Patrick Industries' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Patrick Industries insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Patrick Industries Outstanding Bonds
Patrick Industries issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Patrick Industries uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Patrick bonds can be classified according to their maturity, which is the date when Patrick Industries has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US703343AD59 Corp BondUS703343AD59 | View | |
| Pattern Energy Operations Corp BondUS70339PAA75 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Patrick Industries Corporate Filings
| 8th of January 2025 Other Reports | ViewVerify | |
F4 | 13th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 3rd of December 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 7th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patrick Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Patrick Stock please use our How to buy in Patrick Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Patrick Industries. If investors know Patrick will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Patrick Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Dividend Share 2.2 | Earnings Share 4.64 | Revenue Per Share | Quarterly Revenue Growth 0.062 |
The market value of Patrick Industries is measured differently than its book value, which is the value of Patrick that is recorded on the company's balance sheet. Investors also form their own opinion of Patrick Industries' value that differs from its market value or its book value, called intrinsic value, which is Patrick Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Patrick Industries' market value can be influenced by many factors that don't directly affect Patrick Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Patrick Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Patrick Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patrick Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.