SCHEDULE: FMR LLC Boosts Stake in Patrick Industries to 11.6%

Sentiment:

Beneficial Ownership Report 5 February 2026 1:31 PM

FMR LLC and its affiliates, including Abigail P. Johnson, reported an 11.6% beneficial ownership stake in Patrick Industries Inc. as of December 31, 2025.

Summary

FMR LLC and its affiliates, including Abigail P. Johnson, beneficially own 3,863,102.32 shares of Patrick Industries Inc. common stock.
This represents 11.6% of the total outstanding common stock of Patrick Industries Inc.
FMR LLC holds sole voting power over 3,858,712.54 shares and sole dispositive power over 3,863,102.32 shares.
Abigail P. Johnson, as a control person of FMR LLC, is deemed to have sole dispositive power over the same 3,863,102.32 shares.
The filing is an Amendment No. 8 to a Schedule 13G, indicating an update to a previously reported ownership position.
The ownership is reported as of December 31, 2025.
The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Patrick Industries Inc.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as a major institutional investor like FMR LLC maintaining an 11.6% stake suggests continued confidence in Patrick Industries Inc. and its long-term prospects.

Positives

A significant institutional investor, FMR LLC (Fidelity), maintains a substantial 11.6% beneficial ownership stake in Patrick Industries Inc., indicating continued confidence.
The filing is an amendment, suggesting ongoing monitoring and adjustment of the position by a major financial institution.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding Patrick Industries Inc.'s future performance or operations, as it is solely a disclosure of beneficial ownership.

Management Comments

The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.

Industry Context

StockSavvy.ai notes that the disclosure of a significant 11.6% stake by FMR LLC, a major institutional asset manager, signals continued institutional interest and potentially a long-term investment horizon in Patrick Industries Inc. Such a substantial holding by a prominent firm like Fidelity can often be viewed positively by the market, suggesting a thorough due diligence process and confidence in the company's fundamentals within its sector.

Comparison to Industry Standards

StockSavvy.ai observes that an 11.6% stake by a single institutional investor like FMR LLC is a substantial position, often placing them among the top shareholders.
While specific comparable companies or projects are not detailed in this filing, such a significant holding by a firm of Fidelity's caliber is generally considered a strong vote of confidence, aligning with the investment strategies of large asset managers who often take meaningful positions in companies they believe have strong long-term prospects.

Stakeholder Impact

Shareholders: The disclosure of a significant institutional stake may reassure existing shareholders and attract new investors, potentially influencing market perception positively.

Key Dates

Date	Description
2023-01-03	Effective date of Power of Attorney for FMR LLC.
2023-01-10	Date of Schedule 13G filing by FMR LLC where Power of Attorney was incorporated by reference.
2023-01-26	Effective date of Power of Attorney for Abigail P. Johnson.
2023-01-31	Date of Schedule 13G filing by FMR LLC where Abigail P. Johnson's Power of Attorney was incorporated by reference.
2025-12-31	Date of event which requires filing of this statement (reporting period end date for beneficial ownership).
2026-02-04	Signature date of the Schedule 13G filing.

Recommendation

hold

This Schedule 13G filing primarily serves as a disclosure of beneficial ownership by FMR LLC and Abigail P. Johnson, indicating a substantial 11.6% stake in Patrick Industries Inc. While the maintenance of a significant position by a major institutional investor is generally a positive indicator of confidence, the filing itself does not provide new operational or financial data to warrant a 'buy' or 'sell' recommendation. Investors should 'hold' and consider this information as part of a broader analysis of the company's fundamentals and market conditions.

Keywords

Patrick Industries Inc., FMR LLC, Fidelity, Abigail P. Johnson, Beneficial Ownership, Schedule 13G, Institutional Investor, Common Stock, Equity Stake, Investment, Holding Company

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.