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Patrick Industries ( (PATK) ) has provided an announcement.
On January 5, 2026, Patrick Industries announced a planned chief financial officer transition, with current Executive Vice President of Finance, Chief Financial Officer and Treasurer Andrew C. Roeder resigning effective February 20, 2026, following the filing of the company’s Form 10-K for the fiscal year ended December 31, 2025, to pursue opportunities outside the company; the company noted that Roeder’s departure does not stem from any disagreement over operations, policies or practices. In line with its executive succession plan, Patrick appointed Matthew S. Filer, currently Senior Vice President of Finance and Chief Accounting Officer and previously interim CFO, to succeed Roeder as Executive Vice President of Finance, Chief Financial Officer and Treasurer effective February 20, 2026, a move framed by management as ensuring continuity in financial leadership and stability for the finance organization amid dynamic end-market conditions.
The most recent analyst rating on (PATK) stock is a Buy with a $120.00 price target. To see the full list of analyst forecasts on Patrick Industries stock, see the PATK Stock Forecast page.
Spark’s Take on PATK Stock
According to Spark, TipRanks’ AI Analyst, PATK is a Outperform.
Patrick Industries shows a stable financial performance with improved leverage, but declining profitability margins and cash flow growth are concerns. Technical indicators are favorable, suggesting positive momentum. However, the high P/E ratio indicates potential overvaluation. The earnings call and recent corporate events highlight growth opportunities and strategic initiatives, supporting a moderately positive outlook.
To see Spark’s full report on PATK stock, click here.
More about Patrick Industries
Patrick Industries, Inc. is a leading component solutions provider serving the recreational vehicle (RV), marine, powersports and housing markets. Founded in 1959 and headquartered in Elkhart, Indiana, the company integrates design, manufacturing, distribution and transportation in a full-solutions model for manufacturers and outdoor enthusiasts, operating more than 85 brands and employing about 10,000 people across the United States.
Average Trading Volume: 271,484
Technical Sentiment Signal: Buy
Current Market Cap: $3.67B
See more data about PATK stock on TipRanks’ Stock Analysis page.