Suzanne Helen Sells 3,000 Shares of Mohawk Industries (NYSE:MHK) Stock

Mohawk Industries, Inc. (NYSE:MHK) insider Suzanne Helen sold 3,000 shares of Mohawk Industries stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $112.68, for a total transaction of $338,040.00. Following the sale, the insider owned 35,732 shares in the company, valued at $4,026,281.76. This represents a 7.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Mohawk Industries Stock Performance

MHK traded down $0.05 during trading on Tuesday, reaching $111.38. 672,363 shares of the company’s stock were exchanged, compared to its average volume of 908,466. Mohawk Industries, Inc. has a fifty-two week low of $92.99 and a fifty-two week high of $143.13. The company has a quick ratio of 1.23, a current ratio of 2.16 and a debt-to-equity ratio of 0.21. The business has a 50 day moving average price of $103.57 and a 200 day moving average price of $110.82. The company has a market capitalization of $6.79 billion, a P/E ratio of 16.70, a PEG ratio of 2.67 and a beta of 1.20.

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

Analyst Upgrades and Downgrades

MHK has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft set a $109.00 price target on shares of Mohawk Industries in a research note on Tuesday, May 5th. Robert W. Baird reduced their target price on shares of Mohawk Industries from $118.00 to $112.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Evercore set a $110.00 target price on shares of Mohawk Industries in a research note on Monday, May 4th. Royal Bank Of Canada boosted their target price on shares of Mohawk Industries from $122.00 to $135.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 17th. Finally, Bank of America restated a “neutral” rating and issued a $122.00 target price (down from $149.00) on shares of Mohawk Industries in a research note on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Mohawk Industries has an average rating of “Hold” and a consensus price target of $123.33.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in MHK. Wilsey Asset Management Inc. increased its stake in shares of Mohawk Industries by 11.5% in the 4th quarter. Wilsey Asset Management Inc. now owns 237,869 shares of the company’s stock valued at $25,999,000 after acquiring an additional 24,621 shares during the last quarter. Schroder Investment Management Group increased its stake in shares of Mohawk Industries by 3.4% in the 3rd quarter. Schroder Investment Management Group now owns 837,556 shares of the company’s stock valued at $107,978,000 after acquiring an additional 27,888 shares during the last quarter. Tabor Asset Management LP increased its stake in shares of Mohawk Industries by 35.5% in the 3rd quarter. Tabor Asset Management LP now owns 69,068 shares of the company’s stock valued at $8,904,000 after acquiring an additional 18,088 shares during the last quarter. UBS Group AG increased its stake in shares of Mohawk Industries by 6.1% in the 4th quarter. UBS Group AG now owns 227,068 shares of the company’s stock valued at $24,819,000 after acquiring an additional 13,090 shares during the last quarter. Finally, Rafferty Asset Management LLC increased its stake in shares of Mohawk Industries by 101.1% in the 3rd quarter. Rafferty Asset Management LLC now owns 45,973 shares of the company’s stock valued at $5,927,000 after acquiring an additional 23,117 shares during the last quarter. 78.98% of the stock is owned by institutional investors.

Mohawk Industries Company Profile

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.