Virginia, October 27, 2025
Virginia Retirement Systems has announced a new investment in Patrick Industries, Inc., which specializes in manufactured housing components. This strategic purchase underscores a positive outlook on post-pandemic market trends, highlighting the growing confidence in the industry. As shares of PATK show consistent gains, this move reflects the retirement fund’s efforts to diversify its portfolio amid ongoing economic fluctuations, reinforcing its commitment to long-term growth opportunities.
Richmond, Virginia
Richmond, Virginia – The Virginia Retirement System (VRS) has recently expanded its investment portfolio by acquiring a new stake in Patrick Industries, Inc., a leading manufacturer of components for the recreational vehicle, marine, and manufactured housing markets. This strategic move reflects VRS’s confidence in the post-pandemic market recovery and aims to diversify its holdings amid ongoing economic fluctuations.
Patrick Industries, headquartered in Elkhart, Indiana, produces a wide range of products, including laminated furniture, fiberglass bath fixtures, and custom cabinets. The company’s diverse offerings cater to various sectors, such as recreational vehicles, marine, and manufactured housing. As of October 25, 2025, Patrick Industries’ stock (PATK) is trading at $103.36 per share, with a slight increase of 1.06% from the previous close.
The VRS’s investment in Patrick Industries is part of a broader strategy to enhance its portfolio by incorporating companies poised for growth in the evolving market landscape. This approach aims to bolster the retirement fund’s resilience against economic uncertainties and capitalize on emerging opportunities.
By investing in Patrick Industries, VRS demonstrates a proactive stance in navigating the post-pandemic economic environment, seeking to secure stable returns for its beneficiaries through strategic diversification.
For more information about Patrick Industries and its product offerings, visit their official website.
For inquiries regarding the VRS’s investment strategies and portfolio management, please refer to their official communications.
Note: The information provided is based on the latest available data as of October 27, 2025.
Frequently Asked Questions
- What is the Virginia Retirement System’s recent investment?
- The Virginia Retirement System (VRS) has recently expanded its investment portfolio by acquiring a new stake in Patrick Industries, Inc., a leading manufacturer of components for the recreational vehicle, marine, and manufactured housing markets.
- What does Patrick Industries, Inc. do?
- Patrick Industries, headquartered in Elkhart, Indiana, produces a wide range of products, including laminated furniture, fiberglass bath fixtures, and custom cabinets. The company’s diverse offerings cater to various sectors, such as recreational vehicles, marine, and manufactured housing.
- What is the current stock price of Patrick Industries?
- As of October 25, 2025, Patrick Industries’ stock (PATK) is trading at $103.36 per share, with a slight increase of 1.06% from the previous close.
- Why did the VRS invest in Patrick Industries?
- The VRS’s investment in Patrick Industries is part of a broader strategy to enhance its portfolio by incorporating companies poised for growth in the evolving market landscape. This approach aims to bolster the retirement fund’s resilience against economic uncertainties and capitalize on emerging opportunities.
- How does this investment affect VRS beneficiaries?
- By investing in Patrick Industries, VRS demonstrates a proactive stance in navigating the post-pandemic economic environment, seeking to secure stable returns for its beneficiaries through strategic diversification.
| Feature | Details |
|---|---|
| Primary action | Virginia Retirement System expands portfolio with stake in Patrick Industries |
| Company profile | Patrick Industries manufactures components for RV, marine, and manufactured housing; products include laminated furniture, fiberglass bath fixtures, and custom cabinets |
| Stock data | PATK trading at $103.36 on Oct 25, 2025; +1.06% from prior close |
| Strategic aim | Diversification and resilience amid economic fluctuations |
| Data date | Note: data as of Oct 27, 2025 |
Deeper Dive: News & Info About This Topic
HERE Resources
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.
