Mohawk Industries (NYSE:MHK) Reaches New 12-Month Low – Time to Sell?

Mohawk Industries, Inc. (NYSE:MHK) hit a new 52-week low during trading on Monday . The stock traded as low as $95.05 and last traded at $95.7630, with a volume of 462631 shares traded. The stock had previously closed at $96.26.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on MHK shares. Barclays set a $121.00 target price on shares of Mohawk Industries in a research note on Monday, December 8th. Truist Financial increased their price target on shares of Mohawk Industries from $148.00 to $155.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th. Wolfe Research cut shares of Mohawk Industries from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, January 7th. Royal Bank Of Canada upped their target price on shares of Mohawk Industries from $122.00 to $135.00 and gave the stock a “sector perform” rating in a research report on Tuesday, February 17th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Mohawk Industries in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $137.64.

Mohawk Industries Price Performance

The stock has a market capitalization of $5.85 billion, a PE ratio of 16.08, a P/E/G ratio of 1.53 and a beta of 1.19. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.19 and a quick ratio of 1.21. The firm’s 50 day simple moving average is $117.81 and its 200 day simple moving average is $117.54.

Mohawk Industries (NYSE:MHK) last announced its quarterly earnings data on Thursday, February 12th. The company reported $2.00 earnings per share (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 analysts’ expectations of $2.68 billion. Mohawk Industries had a net margin of 3.43% and a return on equity of 6.80%. The firm’s revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.95 EPS. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS. As a group, equities analysts forecast that Mohawk Industries, Inc. will post 9.8 EPS for the current fiscal year.

Insider Activity

In other news, insider Suzanne L. Helen sold 5,658 shares of Mohawk Industries stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $105.19, for a total value of $595,165.02. Following the transaction, the insider owned 61,935 shares in the company, valued at approximately $6,514,942.65. The trade was a 8.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold 12,000 shares of company stock worth $1,246,336 over the last quarter. 17.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Mohawk Industries

Institutional investors have recently bought and sold shares of the stock. Atlas FRM LLC boosted its holdings in Mohawk Industries by 28.0% in the second quarter. Atlas FRM LLC now owns 608,000 shares of the company’s stock valued at $63,743,000 after acquiring an additional 133,000 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc purchased a new stake in shares of Mohawk Industries in the 3rd quarter worth about $20,054,000. Wilsey Asset Management Inc. lifted its position 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 worth $25,999,000 after purchasing an additional 24,621 shares during the period. ARGA Investment Management LP boosted its stake in shares of Mohawk Industries by 1,508.1% during the 3rd quarter. ARGA Investment Management LP now owns 488,741 shares of the company’s stock valued at $63,008,000 after purchasing an additional 458,349 shares in the last quarter. Finally, Schroder Investment Management Group increased its position in shares of Mohawk Industries by 3.4% during the third quarter. Schroder Investment Management Group now owns 837,556 shares of the company’s stock valued at $107,978,000 after buying an additional 27,888 shares during the period. 78.98% of the stock is currently owned by hedge funds and other 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.