Suzanne Helen Sells 5,658 Shares of Mohawk Industries (NYSE:MHK) Stock

Mohawk Industries, Inc. (NYSE:MHK) insider Suzanne Helen sold 5,658 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $105.19, for a total value of $595,165.02. Following the completion of the transaction, the insider owned 61,935 shares of the company’s stock, valued at approximately $6,514,942.65. This trade represents a 8.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Mohawk Industries Stock Down 1.5%

Shares of MHK stock traded down $1.60 during mid-day trading on Wednesday, reaching $106.52. 909,646 shares of the company’s stock traded hands, compared to its average volume of 885,565. Mohawk Industries, Inc. has a 12 month low of $96.24 and a 12 month high of $143.13. The company has a market cap of $6.55 billion, a P/E ratio of 17.99, a P/E/G ratio of 1.72 and a beta of 1.19. The company has a quick ratio of 1.21, a current ratio of 2.19 and a debt-to-equity ratio of 0.21. The company’s 50-day moving average price is $121.42 and its 200-day moving average price is $120.53.

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

Institutional Trading of Mohawk Industries

Several institutional investors have recently added to or reduced their stakes in the business. Rexford Capital Inc. increased its holdings in shares of Mohawk Industries by 10.1% in the 4th quarter. Rexford Capital Inc. now owns 1,087 shares of the company’s stock worth $119,000 after purchasing an additional 100 shares in the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of Mohawk Industries by 0.6% in the third quarter. Public Employees Retirement System of Ohio now owns 17,254 shares of the company’s stock worth $2,224,000 after purchasing an additional 100 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Mohawk Industries by 7.2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,569 shares of the company’s stock valued at $171,000 after purchasing an additional 105 shares in the last quarter. Resona Asset Management Co. Ltd. boosted its position in shares of Mohawk Industries by 22.6% during the third quarter. Resona Asset Management Co. Ltd. now owns 612 shares of the company’s stock valued at $78,000 after buying an additional 113 shares during the last quarter. Finally, AlphaQuest LLC boosted its position in shares of Mohawk Industries by 4.2% during the third quarter. AlphaQuest LLC now owns 2,774 shares of the company’s stock valued at $358,000 after buying an additional 113 shares during the last quarter. 78.98% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on MHK shares. Jefferies Financial Group lowered their price objective on Mohawk Industries from $134.00 to $128.00 and set a “hold” rating for the company in a research note on Monday, December 15th. Wolfe Research cut Mohawk Industries from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, January 7th. Weiss Ratings restated a “hold (c-)” rating on shares of Mohawk Industries in a report on Wednesday, January 28th. Evercore set a $143.00 price target on Mohawk Industries in a research report on Tuesday, February 17th. Finally, UBS Group reiterated a “neutral” rating and issued a $140.00 price target on shares of Mohawk Industries in a research note on Monday, February 16th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently 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.