Mohawk Industries, Inc. $MHK Holdings Cut by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. decreased its stake in Mohawk Industries, Inc. (NYSE:MHK) by 33.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 310,411 shares of the company’s stock after selling 159,154 shares during the quarter. Van Lanschot Kempen Investment Management N.V.’s holdings in Mohawk Industries were worth $33,928,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MHK. Bayforest Capital Ltd purchased a new stake in Mohawk Industries in the 4th quarter worth approximately $27,000. Global Retirement Partners LLC lifted its position in Mohawk Industries by 950.0% in the 4th quarter. Global Retirement Partners LLC now owns 252 shares of the company’s stock worth $28,000 after buying an additional 228 shares in the last quarter. Salomon & Ludwin LLC acquired a new position in shares of Mohawk Industries during the 4th quarter worth $43,000. Danske Bank A S acquired a new position in shares of Mohawk Industries during the 3rd quarter worth $52,000. Finally, Parallel Advisors LLC increased its stake in shares of Mohawk Industries by 56.5% during the 4th quarter. Parallel Advisors LLC now owns 507 shares of the company’s stock worth $55,000 after purchasing an additional 183 shares during the last quarter. Hedge funds and other institutional investors own 78.98% of the company’s stock.

Mohawk Industries Stock Performance

NYSE MHK opened at $107.85 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.16 and a quick ratio of 1.23. The firm has a market capitalization of $6.57 billion, a price-to-earnings ratio of 16.17, a P/E/G ratio of 2.71 and a beta of 1.20. The company’s fifty day moving average is $103.27 and its two-hundred day moving average is $110.83. Mohawk Industries, Inc. has a 52-week low of $92.99 and a 52-week high of $143.13.

Mohawk Industries (NYSE:MHK) last posted its quarterly earnings results on Thursday, April 30th. The company reported $1.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.10. The company had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.74 billion. Mohawk Industries had a net margin of 3.77% and a return on equity of 6.96%. The business’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period last year, the business posted $1.52 EPS. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS. Equities research analysts forecast that Mohawk Industries, Inc. will post 8.67 EPS for the current year.

Analyst Upgrades and Downgrades

MHK has been the topic of several analyst reports. Wall Street Zen lowered shares of Mohawk Industries from a “buy” rating to a “hold” rating in a research note on Saturday. UBS Group restated a “neutral” rating and set a $140.00 price target on shares of Mohawk Industries in a research note on Monday, February 16th. JPMorgan Chase & Co. dropped their price target on shares of Mohawk Industries from $143.00 to $138.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Zacks Research lowered shares of Mohawk Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, April 24th. Finally, Evercore set a $110.00 price target on shares of Mohawk Industries in a research note on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $123.33.

Insider Buying and Selling at Mohawk Industries

In other Mohawk Industries news, CEO Jeffrey S. Lorberbaum sold 5,000 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $105.53, for a total value of $527,650.00. Following the sale, the chief executive officer directly owned 25,000 shares in the company, valued at $2,638,250. This trade represents a 16.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Suzanne L. Helen sold 1,887 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $106.06, for a total transaction of $200,135.22. Following the completion of the sale, the insider owned 48,049 shares in the company, valued at $5,096,076.94. This represents a 3.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 12,844 shares of company stock worth $1,328,128 over the last 90 days. Company insiders own 17.90% of the company’s stock.

About Mohawk Industries

Mohawk Industries, Inc is a global flooring manufacturer that designs, produces and distributes a broad range of floor covering products for both residential and commercial applications. Headquartered in Calhoun, Georgia, the company traces its roots to 1878 and has expanded through a series of strategic acquisitions and organic growth initiatives. Over the decades, Mohawk has built a vertically integrated platform encompassing yarn manufacturing, fiber production, wood and laminate finishing, and ceramic tile fabrication, enabling tight control over product quality and supply chain efficiency.

The company’s product portfolio includes residential and commercial carpet, ceramic and porcelain tile, laminate, wood and natural stone flooring, luxury vinyl, and innovative surface solutions.