Corient Private Wealth LLC Has $1.72 Million Position in Mohawk Industries, Inc. $MHK

Corient Private Wealth LLC increased its stake in Mohawk Industries, Inc. (NYSE:MHK) by 112.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 15,713 shares of the company’s stock after acquiring an additional 8,305 shares during the period. Corient Private Wealth LLC’s holdings in Mohawk Industries were worth $1,717,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted 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 buying an additional 53,545 shares during the last quarter. State Street Corp raised its position in shares of Mohawk Industries by 2.1% during the second quarter. State Street Corp now owns 1,915,831 shares of the company’s stock worth $200,856,000 after acquiring an additional 39,556 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Mohawk Industries by 15.9% during the fourth quarter. AQR Capital Management LLC now owns 1,829,347 shares of the company’s stock valued at $199,948,000 after acquiring an additional 251,012 shares during the period. Pzena Investment Management LLC lifted its stake in shares of Mohawk Industries by 0.6% during the fourth quarter. Pzena Investment Management LLC now owns 1,186,400 shares of the company’s stock valued at $129,674,000 after acquiring an additional 7,332 shares during the period. Finally, Brandes Investment Partners LP boosted its holdings in Mohawk Industries by 20.4% in the fourth quarter. Brandes Investment Partners LP now owns 1,102,574 shares of the company’s stock valued at $120,513,000 after acquiring an additional 186,649 shares during the last quarter. Institutional investors and hedge funds own 78.98% of the company’s stock.

Mohawk Industries Trading Up 2.4%

MHK opened at $121.66 on Wednesday. The firm’s fifty day moving average is $106.37 and its two-hundred day moving average is $110.97. The firm has a market cap of $7.41 billion, a PE ratio of 18.24, a price-to-earnings-growth ratio of 2.93 and a beta of 1.20. Mohawk Industries, Inc. has a twelve month low of $92.99 and a twelve month high of $143.13. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.23 and a current ratio of 2.16.

Mohawk Industries (NYSE:MHK) last announced 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 net margin of 3.77% and a return on equity of 6.96%. The company had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.74 billion. During the same quarter in the previous year, the business earned $1.52 EPS. The firm’s 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. Equities research analysts anticipate that Mohawk Industries, Inc. will post 8.71 EPS for the current year.

Wall Street Analyst Weigh In

MHK has been the subject of a number of research reports. Zacks Research upgraded Mohawk Industries from a “strong sell” rating to a “hold” rating in a research report on Friday, June 19th. Robert W. Baird cut their target price on shares of Mohawk Industries from $118.00 to $112.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. Evercore set a $110.00 target price on shares of Mohawk Industries in a research note on Monday, May 4th. JPMorgan Chase & Co. lowered their price target on shares of Mohawk Industries from $143.00 to $138.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Finally, Barclays dropped their price target on shares of Mohawk Industries from $121.00 to $96.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Mohawk Industries has a consensus rating of “Hold” and a consensus target price of $123.33.

Insider Activity

In other news, insider Suzanne L. Helen sold 16,600 shares of the firm’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $112.97, for a total transaction of $1,875,302.00. Following the sale, the insider owned 14,132 shares of the company’s stock, valued at $1,596,492.04. This trade represents a 54.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jeffrey S. Lorberbaum sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $105.53, for a total value of $527,650.00. Following the sale, the chief executive officer directly owned 25,000 shares in the company, valued at approximately $2,638,250. This represents a 16.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 40,186 shares of company stock worth $4,460,321. Corporate insiders own 17.90% 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.