Insider Selling: Mohawk Industries (NYSE:MHK) Insider Sells $293,400.00 in Stock

Mohawk Industries, Inc. (NYSE:MHK) insider Suzanne Helen sold 3,000 shares of the firm’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $97.80, for a total value of $293,400.00. Following the sale, the insider owned 53,893 shares in the company, valued at $5,270,735.40. This trade represents a 5.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Mohawk Industries Price Performance

Shares of Mohawk Industries stock traded down $2.22 on Friday, hitting $96.01. The company’s stock had a trading volume of 1,882,843 shares, compared to its average volume of 917,224. The company has a market capitalization of $5.90 billion, a price-to-earnings ratio of 16.22, a price-to-earnings-growth ratio of 1.62 and a beta of 1.19. Mohawk Industries, Inc. has a 1 year low of $95.16 and a 1 year high of $143.13. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.21 and a current ratio of 2.19. The firm has a fifty day moving average price of $119.92 and a 200-day moving average price of $119.00.

Mohawk Industries (NYSE:MHK) last issued its quarterly earnings data on Thursday, February 12th. The company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.98 by $0.02. The company had revenue of $2.70 billion for 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%.Mohawk Industries’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period last year, the company earned $1.95 earnings per share. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS. As a group, sell-side analysts anticipate that Mohawk Industries, Inc. will post 9.8 earnings per share for the current fiscal year.

Institutional Trading of Mohawk Industries

A number of institutional investors and hedge funds have recently added to or reduced their stakes in MHK. Dimensional Fund Advisors LP grew its position in Mohawk Industries by 1.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,138,557 shares of the company’s stock valued at $343,045,000 after acquiring an additional 53,545 shares in the last quarter. Invesco Ltd. grew its stake in shares of Mohawk Industries by 7.4% during the second quarter. Invesco Ltd. now owns 1,957,197 shares of the company’s stock worth $205,192,000 after purchasing an additional 135,246 shares in the last quarter. State Street Corp increased its holdings in Mohawk Industries by 2.1% in the second quarter. State Street Corp now owns 1,915,831 shares of the company’s stock valued at $200,856,000 after buying an additional 39,556 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in Mohawk Industries by 0.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,829,830 shares of the company’s stock worth $235,902,000 after purchasing an additional 9,516 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in Mohawk Industries by 15.9% during the fourth quarter. AQR Capital Management LLC now owns 1,829,347 shares of the company’s stock worth $199,948,000 after purchasing an additional 251,012 shares in the last quarter. Hedge funds and other institutional investors own 78.98% of the company’s stock.

Analysts Set New Price Targets

MHK has been the topic of several research analyst reports. Robert W. Baird set a $156.00 target price on shares of Mohawk Industries in a research report on Tuesday, February 17th. Barclays set a $121.00 price objective on Mohawk Industries in a research note on Monday, December 8th. Wells Fargo & Company raised their target price on Mohawk Industries from $110.00 to $125.00 and gave the company a “cautious” rating in a research report on Wednesday, February 11th. Weiss Ratings reissued a “hold (c-)” rating on shares of Mohawk Industries in a research note on Wednesday, January 28th. Finally, Wall Street Zen raised shares of Mohawk Industries from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. One equities research 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’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $137.64.

About Mohawk Industries

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.