Victory Capital Management Inc. Buys 8,351 Shares of Mohawk Industries, Inc. $MHK

Victory Capital Management Inc. grew its stake in Mohawk Industries, Inc. (NYSE:MHK) by 3.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 269,448 shares of the company’s stock after buying an additional 8,351 shares during the quarter. Victory Capital Management Inc.’s holdings in Mohawk Industries were worth $34,737,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Goldman Sachs Group Inc. grew its stake in shares of Mohawk Industries by 14.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 344,797 shares of the company’s stock valued at $39,369,000 after acquiring an additional 42,655 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Mohawk Industries by 0.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 193,977 shares of the company’s stock worth $22,148,000 after acquiring an additional 1,175 shares during the period. Acadian Asset Management LLC purchased a new position in Mohawk Industries during the first quarter valued at approximately $149,000. Penserra Capital Management LLC boosted its position in shares of Mohawk Industries by 10.8% in the second quarter. Penserra Capital Management LLC now owns 2,483 shares of the company’s stock worth $260,000 after purchasing an additional 242 shares during the period. Finally, Campbell & CO Investment Adviser LLC purchased a new stake in shares of Mohawk Industries in the second quarter worth $780,000. Hedge funds and other institutional investors own 78.98% of the company’s stock.

Insider Activity

In other news, insider Suzanne L. Helen sold 300 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $123.89, for a total transaction of $37,167.00. Following the completion of the transaction, the insider directly owned 67,593 shares in the company, valued at approximately $8,374,096.77. This represents a 0.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last 90 days, insiders sold 10,650 shares of company stock worth $1,178,383. 17.40% of the stock is owned by corporate insiders.

Mohawk Industries Trading Down 1.1%

Shares of MHK stock opened at $107.55 on Monday. The company has a current ratio of 2.19, a quick ratio of 1.21 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $6.61 billion, a price-to-earnings ratio of 18.17, a price-to-earnings-growth ratio of 1.71 and a beta of 1.19. Mohawk Industries, Inc. has a 12-month low of $96.24 and a 12-month high of $143.13. The stock’s 50-day moving average price is $121.48 and its 200-day moving average price is $120.82.

Mohawk Industries (NYSE:MHK) last announced its quarterly earnings results on Thursday, February 12th. The company reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.98 by $0.02. The company had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.68 billion. Mohawk Industries had a return on equity of 6.80% and a net margin of 3.43%.The firm’s revenue was up 2.4% on a year-over-year basis. During the same period in the prior year, the company earned $1.95 earnings per share. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS. Equities research analysts predict that Mohawk Industries, Inc. will post 9.8 EPS for the current fiscal year.

Mohawk Industries News Summary

Here are the key news stories impacting Mohawk Industries this week:

• Neutral Sentiment: MarketWatch flagged that MHK underperformed peers on Thursday, signaling relative weakness vs. competitors — useful context for sector- and stock-specific flows. Mohawk Industries Inc. stock underperforms Thursday when compared to competitors
• Neutral Sentiment: InsiderMonkey republished an item tied to institutional commentary (Ariel Fund letter) that mentioned Mohawk; does not by itself imply a material change in outlook but contributes to the narrative coverage. Mohawk Industries (MHK) Falls as Housing Market Weakness Pressures Demand
• Negative Sentiment: Major news coverage (Yahoo Finance) points to softening housing-market demand as the proximate reason investors are selling MHK — weaker end-market demand pressures near-term revenue and margin visibility for flooring and building-products companies. Mohawk Industries (MHK) Falls as Housing Market Weakness Pressures Demand
• Negative Sentiment: Analysts at Zacks cut multiple quarterly and full‑year EPS forecasts (Q1–Q4 2026, Q1–Q3 2027 and FY2026–FY2027), trimming expectations for near-term earnings growth — this lowers sell‑side targets and can amplify downside pressure until demand evidence stabilizes. (Source: Zacks/MarketBeat coverage)

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on MHK shares. Evercore set a $143.00 price target on Mohawk Industries in a research note on Tuesday, February 17th. Wall Street Zen cut Mohawk Industries from a “buy” rating to a “hold” rating in a research report on Saturday, December 20th. Robert W. Baird set a $156.00 price target on Mohawk Industries in a report on Tuesday, February 17th. Truist Financial increased their price objective on shares of Mohawk Industries from $148.00 to $155.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Finally, Jefferies Financial Group lowered their target price on shares of Mohawk Industries from $134.00 to $128.00 and set a “hold” rating on the stock in a report on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $137.64.

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.