Mohawk Industries (NYSE:MHK) Insider Sells $99,858.00 in Stock

Mohawk Industries, Inc. (NYSE:MHK) insider Suzanne Helen sold 890 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $112.20, for a total value of $99,858.00. Following the sale, the insider owned 38,732 shares in the company, valued at approximately $4,345,730.40. This represents a 2.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Mohawk Industries Price Performance

Shares of MHK stock traded down $0.05 during trading hours on Tuesday, reaching $111.38. 672,363 shares of the company were exchanged, compared to its average volume of 908,466. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.16 and a quick ratio of 1.23. The company has a market cap of $6.79 billion, a price-to-earnings ratio of 16.70, a P/E/G ratio of 2.67 and a beta of 1.20. Mohawk Industries, Inc. has a fifty-two week low of $92.99 and a fifty-two week high of $143.13. The stock’s fifty day moving average is $103.57 and its two-hundred day moving average is $110.82.

Mohawk Industries (NYSE:MHK) last released its quarterly earnings results on Thursday, April 30th. The company reported $1.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.10. Mohawk Industries had a return on equity of 6.96% and a net margin of 3.77%.The business had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same period in the previous year, the company posted $1.52 EPS. The firm’s quarterly revenue was up 8.0% on a year-over-year basis. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS. Sell-side analysts forecast that Mohawk Industries, Inc. will post 8.67 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently commented on MHK. Wells Fargo & Company dropped their price target on Mohawk Industries from $125.00 to $105.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 8th. Weiss Ratings downgraded Mohawk Industries from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, May 21st. Robert W. Baird cut their price target on Mohawk Industries from $118.00 to $112.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. Evercore set a $110.00 target price on Mohawk Industries in a research note on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft set a $109.00 price objective on Mohawk Industries in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Mohawk Industries presently has an average rating of “Hold” and an average price target of $123.33.

Institutional Trading of Mohawk Industries

A number of hedge funds have recently bought and sold shares of the business. Bayforest Capital Ltd purchased a new position in shares of Mohawk Industries during the 4th quarter worth approximately $27,000. Global Retirement Partners LLC raised its stake in Mohawk Industries by 950.0% in the fourth quarter. Global Retirement Partners LLC now owns 252 shares of the company’s stock valued at $28,000 after buying an additional 228 shares in the last quarter. Transamerica Financial Advisors LLC raised its stake in Mohawk Industries by 216.1% in the fourth quarter. Transamerica Financial Advisors LLC now owns 275 shares of the company’s stock valued at $30,000 after buying an additional 188 shares in the last quarter. SJS Investment Consulting Inc. raised its stake in Mohawk Industries by 105.7% during the 1st quarter. SJS Investment Consulting Inc. now owns 323 shares of the company’s stock worth $32,000 after acquiring an additional 166 shares in the last quarter. Finally, Salomon & Ludwin LLC acquired a new stake in Mohawk Industries during the 4th quarter worth $43,000. Institutional investors and hedge funds own 78.98% of the company’s stock.

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.