Schroder Investment Management Group Boosts Stake in Patrick Industries

The investment firm increased its position in the construction company by 7.2% during the third quarter.

Mar. 12, 2026 at 10:09am

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Schroder Investment Management Group increased its stake in Patrick Industries, Inc. (NASDAQ:PATK) by 7.2% during the third quarter, according to a filing with the Securities and Exchange Commission. The firm now owns 413,789 shares of the construction company's stock, representing about 1.24% of Patrick Industries' total shares outstanding.

Why it matters

This investment by a major institutional investor signals confidence in Patrick Industries' growth prospects and the overall strength of the construction industry. Patrick Industries supplies components and materials to the recreational vehicle, manufactured housing, marine, and industrial markets, making it a bellwether for several key economic sectors.

The details

Schroder Investment Management Group purchased an additional 27,954 shares of Patrick Industries during the third quarter, bringing its total position to 413,789 shares. The investment firm now owns about 1.24% of the company's outstanding stock, which was valued at $42.8 million at the end of the quarter.

  • Schroder Investment Management Group increased its stake in Patrick Industries during the 3rd quarter of 2026.

The players

Schroder Investment Management Group

A global asset management firm that oversees over $1 trillion in assets.

Patrick Industries, Inc.

A leading manufacturer and distributor of components and building materials for the recreational vehicle, manufactured housing, marine, and industrial markets.

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The takeaway

Schroder's increased stake in Patrick Industries reflects the investment firm's positive outlook on the construction and housing sectors, which are critical to the company's diverse customer base. This move could signal further institutional interest and potential upside for Patrick Industries' stock price.