Mohawk Industries (NYSE:MHK) Insider Suzanne Helen Sells 1,887 Shares

Mohawk Industries, Inc. (NYSE:MHK) insider Suzanne Helen sold 1,887 shares of the business’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 transaction, the insider directly owned 48,049 shares in the company, valued at $5,096,076.94. This trade represents a 3.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Mohawk Industries Price Performance

MHK stock opened at $102.73 on Friday. Mohawk Industries, Inc. has a one year low of $92.99 and a one year high of $143.13. The company’s fifty day moving average price is $102.46 and its 200-day moving average price is $110.82. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.23 and a current ratio of 2.16. The company has a market capitalization of $6.26 billion, a PE ratio of 15.40, a price-to-earnings-growth ratio of 2.61 and a beta of 1.20.

Mohawk Industries (NYSE:MHK) last released its earnings results on Thursday, April 30th. The company reported $1.90 EPS for the quarter, topping the consensus estimate 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 firm earned $1.52 earnings per share. The company’s quarterly 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. On average, equities analysts anticipate that Mohawk Industries, Inc. will post 8.67 EPS for the current fiscal year.

Hedge Funds Weigh In On Mohawk Industries

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its stake in shares of Mohawk Industries by 2.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,219,318 shares of the company’s stock worth $316,962,000 after buying an additional 80,761 shares in the last quarter. State Street Corp grew its stake in shares of Mohawk Industries by 2.1% in the 2nd quarter. State Street Corp now owns 1,915,831 shares of the company’s stock worth $200,856,000 after buying an additional 39,556 shares in the last quarter. AQR Capital Management LLC increased its position in Mohawk Industries by 15.9% during the fourth quarter. AQR Capital Management LLC now owns 1,829,347 shares of the company’s stock valued at $199,948,000 after acquiring an additional 251,012 shares during the last quarter. Pzena Investment Management LLC increased its position in Mohawk Industries by 0.6% during the fourth quarter. Pzena Investment Management LLC now owns 1,186,400 shares of the company’s stock valued at $129,674,000 after acquiring an additional 7,332 shares during the last quarter. Finally, Brandes Investment Partners LP increased its position in Mohawk Industries by 20.4% during the fourth quarter. Brandes Investment Partners LP now owns 1,102,574 shares of the company’s stock valued at $120,513,000 after acquiring an additional 186,649 shares during the last quarter. 78.98% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently commented on MHK. Deutsche Bank Aktiengesellschaft set a $109.00 target price on shares of Mohawk Industries in a report on Tuesday, May 5th. Wells Fargo & Company reduced their price target on shares of Mohawk Industries from $125.00 to $105.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 8th. JPMorgan Chase & Co. lowered their price objective on shares of Mohawk Industries from $143.00 to $138.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Truist Financial dropped their price objective on shares of Mohawk Industries from $155.00 to $135.00 and set a “buy” rating for the company in a research note on Tuesday, May 5th. Finally, UBS Group reissued a “neutral” rating and issued a $140.00 price objective on shares of Mohawk Industries in a research note on Monday, February 16th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, nine have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $123.33.

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.