Suzanne Helen Sells 900 Shares of Mohawk Industries (NYSE:MHK) Stock

Mohawk Industries, Inc. (NYSE:MHK) insider Suzanne Helen sold 900 shares of the stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $110.36, for a total transaction of $99,324.00. Following the completion of the sale, the insider owned 84,128 shares of the company’s stock, valued at approximately $9,284,366.08. This trade represents a 1.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Mohawk Industries Trading Down 0.1%

NYSE:MHK opened at $110.50 on Thursday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.24 and a current ratio of 2.25. The firm has a market cap of $6.83 billion, a price-to-earnings ratio of 16.44, a price-to-earnings-growth ratio of 2.38 and a beta of 1.31. Mohawk Industries, Inc. has a 52 week low of $96.24 and a 52 week high of $148.57. The firm has a 50-day moving average price of $127.20 and a two-hundred day moving average price of $116.35.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of MHK. Root Financial Partners LLC bought a new position in Mohawk Industries in the 3rd quarter worth approximately $25,000. Federated Hermes Inc. boosted its holdings in Mohawk Industries by 326.3% in the 1st quarter. Federated Hermes Inc. now owns 243 shares of the company’s stock worth $28,000 after buying an additional 186 shares during the period. MTM Investment Management LLC bought a new position in Mohawk Industries in the 2nd quarter worth approximately $28,000. Quent Capital LLC bought a new position in Mohawk Industries in the 3rd quarter worth approximately $33,000. Finally, Brooklyn Investment Group boosted its holdings in Mohawk Industries by 2,506.3% in the 1st quarter. Brooklyn Investment Group now owns 417 shares of the company’s stock worth $48,000 after buying an additional 401 shares during the period. 78.98% of the stock is owned by institutional investors.

Analyst Ratings Changes

MHK has been the subject of a number of research reports. JPMorgan Chase & Co. increased their target price on shares of Mohawk Industries from $139.00 to $140.00 and gave the company an “overweight” rating in a research report on Tuesday, July 29th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mohawk Industries in a research report on Friday, October 31st. Barclays reduced their target price on shares of Mohawk Industries from $125.00 to $122.00 and set an “equal weight” rating for the company in a research report on Monday, October 27th. Royal Bank Of Canada reissued a “sector perform” rating and set a $123.00 target price (up from $119.00) on shares of Mohawk Industries in a research report on Monday, July 28th. Finally, Wells Fargo & Company reissued a “neutral” rating and set a $130.00 target price on shares of Mohawk Industries in a research report on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Mohawk Industries has a consensus rating of “Moderate Buy” and an average price target of $138.46.

Mohawk Industries Company 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.