Mairs & Power, an investment advisor, released the third-quarter 2025 investor letter for the “Mairs & Power Small Cap Fund.” A copy of the letter can be downloaded here. The market’s concentration persists in 2025, with a few dominant mega-cap stocks tied to artificial intelligence (AI) driving most of the favorable outcomes. The fund returned 2.06% in the first nine months of 2025. The fund underperformed the benchmark Russell 2000 Total Returns (TR) Index, which was up 10.39%, the S&P Small Cap 600 TR, w ...

ELKHART, Ind., Dec. 1, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, will participate in the Raymond James 2025 TMT and Consumer Conference to be held in New York, NY on December 8-10, 2025. Accessibility StatementSkip Navigation Patrick's management team will participate in a fireside chat and one-on-one meetings with institutional investors and analysts on December 8, 2025. P ...

Market Overview - Major U.S. indexes have shown significant year-to-date gains: Nasdaq Composite up 78.1%, S&P 500 up 15.8%, and Dow Jones Industrial Average up 11.5% [1] - Despite strong performance, volatility remains as investors shift to safer sectors, moving away from high-valuation technology and AI stocks [1] - Ongoing instability from government tariff policies and economic uncertainty continues to impact market participants [1] Employment and Economic Data - The unemployment rate for September rose to 4.4%, the highest in four years, while nonfarm payrolls increased by 119,000 [2] - Retail sales in September grew by only 0.2%, below expectations, with higher prices raising affordability concerns [2] - The Producer Price Index (PPI) increased by 0.3% in September, aligning with market expectations [2] - The consumer confidence index fell to 88.7, a seven-month low, significantly below the consensus estimate of 93.5 [2] Federal Reserve Expectations - Investors are anticipating a 25-basis point cut in benchmark interest rates by the Federal Reserve in December to address labor-market softness and support growth [3] Dividend-Paying Stocks - In a volatile market, dividend-paying stocks are recommended for portfolio diversification [4] - Notable dividend-paying companies include: - **Orange County Bancorp, Inc. (OBT)**: Declared an 18-cent dividend with a yield of 1.9% [5][6] - **United Bankshares (UBSI)**: Declared a 38-cent dividend with a yield of 3.9% [7] - **Dillard's (DDS)**: Declared a $30 dividend with a yield of 0.2% [10] - **Patrick Industries (PATK)**: Declared a 47-cent dividend with a yield of 1.5% [11][12] - **Agilent Technologies (A)**: Declared a 26-cent dividend with a yield of 0.6% [13][14] - Companies with consistent dividend payouts indicate a healthy business model and tend to outperform non-dividend-paying entities in volatile markets [4]

Market Overview - The markets are expected to experience continued volatility as investors assess the Federal Reserve's potential actions amidst mixed economic indicators [2][3] - Current economic conditions show a slight increase in unemployment, solid economic growth, and worsening inflation [2] Consumer Confidence and Spending - There is an observed uptick in demand for consumer discretionary items such as RVs and boats, indicating strong consumer confidence [6][7] - Improved consumer confidence is expected to be reflected in upcoming retail sales, although apparel sales remain uncertain [7] - Anticipated stimulus checks and tax refunds in the first quarter are likely to boost consumer spending next year compared to this year [8] Industry Insights - Patrick Industries, a supplier in the motion industry, is expected to benefit from the increased demand in sectors like RVs and power sports [6] - The easing of tariff pressures, albeit slowly, may contribute positively to the industry outlook [8]

ELKHART, Ind., Nov. 20, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") today announced that on November 19, 2025, its Board of Directors (the "Board") approved an increase in the amount of its quarterly cash dividend on its common stock to $0.47 per share from $0.40 per share. The dividend is payable on December 15, 2025 to shareholders of record at the close of business on December 1, 2025. "The increase in our quarterly cash dividend underscores our continued con ...

Core Insights - Rockford Fosgate has launched its new PUNCH Speaker Line, featuring three series (P1, P2, P3) designed for high performance and easy installation in modern vehicles [1][2] - The PUNCH lineup incorporates advanced technologies such as VAST 2.0™ for increased cone area and Tru-Sight™ tweeter technology for improved sound quality [1][2] - The new speakers will be showcased at SEMA 2025 and will be available for purchase in Q1 2026 [2] Product Details - **P1 Series**: 3-way coaxial speakers designed as direct replacements for stock speakers, offering significant sound clarity improvements with minimal installation modifications [3] - **P2 Series**: 2-way convertible speakers that can be used as coaxial or separated into tweeter/midrange setups, enhancing sound staging [3] - **P3 Series**: 3-way component systems aimed at vehicles with existing multi-speaker setups, providing detailed sound reproduction for audio enthusiasts [3] Company Background - Rockford Fosgate has over 45 years of experience in the audio industry, focusing on high-performance audio systems for various vehicle types [2][4] - The company is headquartered in Tempe, Arizona, and operates as a subsidiary of Patrick Industries, Inc. [4]

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]

Group 1 - Crude Value Insights provides an investment service and community focused on the oil and natural gas sectors, emphasizing cash flow and companies that generate it [1] - The service offers subscribers access to a model account with over 50 stocks, detailed cash flow analyses of exploration and production (E&P) firms, and live chat discussions about the sector [1] Group 2 - A two-week free trial is available for new subscribers, promoting engagement with the oil and gas market [2]

Core Insights - Patrick Industries, Inc. (NASDAQ:PATK) is recognized among the 15 Dividend Growth Stocks with the highest growth rates [1] - Truist analyst Michael Swartz raised the price target for Patrick Industries from $105 to $114 while maintaining a Buy rating [3] - The company has a strong dividend history, returning $55 million to shareholders in FY24 through dividends and share repurchases [4] Company Overview - Patrick Industries produces and supplies components for various industries, including recreational vehicles (RVs), marine, powersports, and manufactured housing [2] - Key customers include original equipment manufacturers that build motorboats, boats, and prefabricated homes [2] Financial Performance - The company initiated dividend payments in 2019, increasing its quarterly payouts from $0.25 per share to $0.40 per share [4] - As of October 30, the stock has a dividend yield of 1.59% [4]

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