2,739 Shares in Mohawk Industries, Inc. $MHK Purchased by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC bought a new stake in Mohawk Industries, Inc. (NYSE:MHK) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 2,739 shares of the company’s stock, valued at approximately $287,000.

Other large investors have also recently bought and sold shares of the company. Federated Hermes Inc. boosted its position in Mohawk Industries by 326.3% during the 1st quarter. Federated Hermes Inc. now owns 243 shares of the company’s stock worth $28,000 after acquiring an additional 186 shares during the last quarter. Brooklyn Investment Group boosted its position in Mohawk Industries by 2,506.3% during the 1st quarter. Brooklyn Investment Group now owns 417 shares of the company’s stock worth $48,000 after acquiring an additional 401 shares during the last quarter. Resona Asset Management Co. Ltd. boosted its position in Mohawk Industries by 40.6% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 481 shares of the company’s stock worth $55,000 after acquiring an additional 139 shares during the last quarter. Allworth Financial LP boosted its stake in shares of Mohawk Industries by 36.2% during the 1st quarter. Allworth Financial LP now owns 595 shares of the company’s stock worth $65,000 after buying an additional 158 shares during the last quarter. Finally, Acadian Asset Management LLC acquired a new position in shares of Mohawk Industries during the 1st quarter worth about $149,000. Institutional investors and hedge funds own 78.98% of the company’s stock.

Mohawk Industries Trading Down 1.8%

Shares of NYSE:MHK opened at $113.56 on Friday. Mohawk Industries, Inc. has a 52-week low of $96.24 and a 52-week high of $148.57. The company has a market capitalization of $7.02 billion, a P/E ratio of 16.90, a price-to-earnings-growth ratio of 2.38 and a beta of 1.29. The company has a 50-day simple moving average of $128.47 and a 200 day simple moving average of $116.08. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.24 and a current ratio of 2.25.

Mohawk Industries (NYSE:MHK) last issued its earnings results on Thursday, October 23rd. The company reported $2.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.68 by ($0.01). Mohawk Industries had a net margin of 3.93% and a return on equity of 6.97%. The firm had revenue of $2.76 billion during the quarter, compared to analyst estimates of $2.73 billion. During the same quarter last year, the business posted $2.90 earnings per share. The company’s revenue for the quarter was up 1.4% on a year-over-year basis. Mohawk Industries has set its Q4 2025 guidance at 1.900-2.000 EPS. Sell-side analysts forecast that Mohawk Industries, Inc. will post 9.8 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on MHK shares. Robert W. Baird increased their price objective on shares of Mohawk Industries from $130.00 to $142.00 and gave the stock an “outperform” rating in a research note on Monday, July 28th. JPMorgan Chase & Co. increased their price objective on shares of Mohawk Industries from $139.00 to $140.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 29th. Royal Bank Of Canada restated a “sector perform” rating and set a $123.00 price objective (up from $119.00) on shares of Mohawk Industries in a research note on Monday, July 28th. Evercore ISI set a $124.00 target price on shares of Mohawk Industries in a report on Monday. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Mohawk Industries in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $138.46.

Insider Activity at Mohawk Industries

In other Mohawk Industries news, insider Suzanne L. Helen sold 2,200 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $137.19, for a total transaction of $301,818.00. Following the completion of the sale, the insider directly owned 85,493 shares in the company, valued at $11,728,784.67. This trade represents a 2.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Bernard Thiers sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $128.21, for a total transaction of $1,282,100.00. Following the sale, the director owned 105,532 shares of the company’s stock, valued at $13,530,257.72. This trade represents a 8.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 16,491 shares of company stock worth $2,146,225. Insiders own 17.40% of the company’s stock.

Mohawk Industries Profile

Mohawk Industries, Inc designs, manufactures, sources, distributes, and markets flooring products for residential and commercial remodeling, and new construction channels in the United States, Europe, Latin America, and internationally. It operates through three segments: Global Ceramic, Flooring North America, and Flooring Rest of the World.