Mohawk Industries (NYSE:MHK) Insider Suzanne Helen Sells 5,000 Shares of Stock

Mohawk Industries, Inc. (NYSE:MHK) insider Suzanne Helen sold 5,000 shares of the business’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $111.92, for a total value of $559,600.00. Following the sale, the insider owned 30,732 shares in the company, valued at $3,439,525.44. The trade was a 13.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Mohawk Industries Stock Performance

MHK opened at $112.70 on Friday. The company has a market cap of $6.87 billion, a P/E ratio of 16.90, a price-to-earnings-growth ratio of 2.68 and a beta of 1.20. The company has a quick ratio of 1.23, a current ratio of 2.16 and a debt-to-equity ratio of 0.21. The firm’s 50-day moving average price is $104.38 and its 200-day moving average price is $110.71. Mohawk Industries, Inc. has a 52-week low of $92.99 and a 52-week high of $143.13.

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

Institutional Trading of Mohawk Industries

Large investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP raised its holdings in shares of Mohawk Industries by 2.6% during the first quarter. Dimensional Fund Advisors LP now owns 3,219,318 shares of the company’s stock worth $316,962,000 after purchasing an additional 80,761 shares during the last quarter. State Street Corp raised its stake in shares of Mohawk Industries by 2.1% during the 2nd 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. AQR Capital Management LLC lifted its holdings in shares of Mohawk Industries by 15.9% in the 4th quarter. AQR Capital Management LLC now owns 1,829,347 shares of the company’s stock valued at $199,948,000 after buying an additional 251,012 shares during the period. Pzena Investment Management LLC lifted its holdings in shares of Mohawk Industries by 0.6% in the 4th quarter. Pzena Investment Management LLC now owns 1,186,400 shares of the company’s stock valued at $129,674,000 after buying an additional 7,332 shares during the period. Finally, Brandes Investment Partners LP boosted its stake in shares of Mohawk Industries by 20.4% in the fourth quarter. Brandes Investment Partners LP now owns 1,102,574 shares of the company’s stock worth $120,513,000 after buying an additional 186,649 shares during the last quarter. 78.98% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on MHK shares. Robert W. Baird dropped their price objective on shares of Mohawk Industries from $118.00 to $112.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Truist Financial reduced their target price on Mohawk Industries from $155.00 to $135.00 and set a “buy” rating for the company in a research note on Tuesday, May 5th. Bank of America reaffirmed a “neutral” rating and set a $122.00 price target (down from $149.00) on shares of Mohawk Industries in a research report on Monday, April 20th. Deutsche Bank Aktiengesellschaft set a $109.00 price target on Mohawk Industries in a research note on Tuesday, May 5th. Finally, Zacks Research lowered Mohawk Industries from a “hold” rating to a “strong sell” rating in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $123.33.

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.