Virginia, October 27, 2025
The Virginia Retirement System, along with other institutional investors, has acquired a stake in Patrick Industries, Inc. This investment demonstrates a growing confidence in the recovery of the RV and marine sector amid forecasts for rising demand in recreational products. Financial analysts emphasize the strategic timing of this investment as it aligns with industry trends, suggesting a positive outlook for Patrick Industries and its future endeavors in recreational goods.
Richmond, Virginia – The Virginia Retirement System (VRS), along with other institutional investors, has acquired a new stake in Patrick Industries, Inc. (PATK), a leading manufacturer and distributor of component products for the recreational vehicle (RV) and marine sectors. This investment underscores growing confidence in the recovery of the RV and marine industries.
Financial analysts highlight the strategic timing of this move, aligning with industry forecasts that anticipate increased demand for recreational products in the near future. The RV and marine sectors have shown signs of resurgence, prompting investors to position themselves favorably for potential growth.
Patrick Industries, headquartered in Elkhart, Indiana, operates across the United States, Mexico, China, and Canada. The company manufactures and distributes a diverse range of products, including laminated furniture, fiberglass bath fixtures, and aluminum components, catering to the RV, marine, manufactured housing, and industrial markets. As of October 25, 2025, Patrick Industries’ stock was trading at $103.36 per share, reflecting a 1.06% increase from the previous close.
The VRS, established in 1942, is an independent state agency that administers pension plans, retirement savings plans, and other benefits to public employees in Virginia. As of 2022, the system serves more than 750,000 members, beneficiaries, and retirees.
This investment by the VRS and other institutional investors in Patrick Industries signifies a strategic move to capitalize on the anticipated growth in the RV and marine sectors, reflecting a positive outlook for these industries’ recovery and expansion.
Stock market information for Patrick Industries, Inc. (PATK)
- Patrick Industries, Inc. is a equity in the USA market.
- The price is 103.36 USD currently with a change of 1.06 USD (0.01%) from the previous close.
- The latest trade time is Friday, October 24, 17:15:00 PDT.
Background and context
The Virginia Retirement System (VRS) is an independent state agency that administers pension plans, retirement savings plans, and other benefits to public employees in Virginia. As of 2022, the system serves more than 750,000 members, beneficiaries, and retirees.
Company profile
Patrick Industries, Inc. is a leading manufacturer and distributor of component products for the recreational vehicle (RV) and marine sectors. The company operates across the United States, Mexico, China, and Canada, offering a diverse range of products, including laminated furniture, fiberglass bath fixtures, and aluminum components.
Investment significance
The VRS’s investment, along with other institutional investors, in Patrick Industries reflects growing confidence in the recovery of the RV and marine industries. Financial analysts highlight the strategic timing of this move, aligning with industry forecasts that anticipate increased demand for recreational products in the near future.
Key features at a glance
| Feature | Details |
|---|---|
| City/Location | Richmond, Virginia |
| Investors | |
| Company | Patrick Industries, Inc. (PATK) |
| Industry focus | |
| Stock price (as of date) | |
| Latest trade time | |
| Geographic reach | |
| Context |
Frequently asked questions
- What is the Virginia Retirement System (VRS)?
- The Virginia Retirement System is an independent state agency that administers pension plans, retirement savings plans, and other benefits to public employees in Virginia. As of 2022, the system serves more than 750,000 members, beneficiaries, and retirees.
- What does Patrick Industries, Inc. do?
- Patrick Industries, Inc. is a leading manufacturer and distributor of component products for the recreational vehicle (RV) and marine sectors. The company operates across the United States, Mexico, China, and Canada, offering a diverse range of products, including laminated furniture, fiberglass bath fixtures, and aluminum components.
- What is the significance of the VRS’s investment in Patrick Industries?
- The VRS’s investment, along with other institutional investors, in Patrick Industries reflects growing confidence in the recovery of the RV and marine industries. Financial analysts highlight the strategic timing of this move, aligning with industry forecasts that anticipate increased demand for recreational products in the near future.
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Author: VIRGINIA STAFF WRITER
The VIRGINIA STAFF WRITER represents the experienced team at constructionvanews.com, your go-to source for actionable local news and information in Virginia and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Virginia Build Expo, major infrastructure projects, and advancements in construction technology showcases. Our coverage extends to key organizations like the Associated Builders and Contractors of Virginia and the Home Builders Association of Virginia, plus leading businesses in construction and legal services that power the local economy such as CMiC Global and Williams Mullen. As part of the broader network, including constructioncanews.com, constructionnynews.com, and constructiontxnews.com, we provide comprehensive, credible insights into the dynamic construction landscape across multiple states.
