Mohawk Industries (NYSE:MHK) CAO David Lee Repp Sells 225 Shares of Stock

Mohawk Industries, Inc. (NYSE:MHK) CAO David Lee Repp sold 225 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $130.59, for a total value of $29,382.75. Following the completion of the sale, the chief accounting officer directly owned 1,786 shares in the company, valued at approximately $233,233.74. This trade represents a 11.19% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Mohawk Industries Price Performance

Shares of NYSE MHK opened at $136.42 on Wednesday. Mohawk Industries, Inc. has a 1-year low of $92.99 and a 1-year high of $143.13. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.92 and a quick ratio of 1.13. The business’s fifty day moving average price is $112.51 and its two-hundred day moving average price is $111.59. The firm has a market capitalization of $9.24 billion, a PE ratio of 18.07, a P/E/G ratio of 3.30 and a beta of 1.18.

Mohawk Industries (NYSE:MHK) last announced its quarterly earnings results on Thursday, July 30th. The company reported $3.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.58 by $1.09. Mohawk Industries had a net margin of 4.15% and a return on equity of 7.50%. The company had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $2.79 billion. During the same quarter in the previous year, the company posted $2.77 earnings per share. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. Mohawk Industries has set its Q3 2026 guidance at 2.380-2.480 EPS. On average, research analysts expect that Mohawk Industries, Inc. will post 8.67 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Weiss Ratings upgraded Mohawk Industries from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 23rd. Bank of America restated a “neutral” rating and issued a $122.00 target price (down from $149.00) on shares of Mohawk Industries in a research report on Monday, April 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $121.00 target price on shares of Mohawk Industries in a research note on Tuesday. JPMorgan Chase & Co. decreased their price target on Mohawk Industries from $143.00 to $138.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Finally, Robert W. Baird increased their price target on Mohawk Industries from $112.00 to $132.00 and gave the stock a “neutral” rating in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $130.50.

Institutional Investors Weigh In On Mohawk Industries

Several hedge funds and other institutional investors have recently bought and sold shares of MHK. Norges Bank acquired a new position in shares of Mohawk Industries in the 4th quarter worth approximately $77,528,000. AQR Capital Management LLC lifted its stake in Mohawk Industries by 73.9% during the third quarter. AQR Capital Management LLC now owns 1,578,335 shares of the company’s stock valued at $200,922,000 after purchasing an additional 670,601 shares during the last quarter. Steadfast Capital Management LP lifted its stake in Mohawk Industries by 96.3% during the third quarter. Steadfast Capital Management LP now owns 937,301 shares of the company’s stock valued at $120,837,000 after purchasing an additional 459,700 shares during the last quarter. Freestone Grove Partners LP acquired a new position in Mohawk Industries in the third quarter worth approximately $36,076,000. Finally, Gendell Jeffrey L grew its position in Mohawk Industries by 136.3% in the fourth quarter. Gendell Jeffrey L now owns 445,669 shares of the company’s stock worth $48,712,000 after buying an additional 257,100 shares during the last quarter. 78.98% of the stock is currently owned by institutional investors.

Key Stories Impacting Mohawk Industries

Here are the key news stories impacting Mohawk Industries this week:

• Positive Sentiment: Truist raised its price target to $155 and maintained a Buy rating, implying further upside from the current trading level. The revision reflects confidence in Mohawk’s earnings recovery and improving operating performance. Benzinga analyst note
• Positive Sentiment: Mohawk’s second-quarter results exceeded expectations, with adjusted EPS of $3.67 versus the $2.58 consensus estimate and revenue of $2.99 billion versus $2.79 billion expected. Pricing, productivity and product execution helped offset weak residential flooring markets. Mohawk’s Q2 earnings analysis
• Positive Sentiment: The stock’s recent advance reflects visible margin progress, including productivity initiatives, pricing actions, restructuring benefits and stronger cash generation. These factors support the view that earnings may be recovering despite a challenging housing cycle. Why MHK has risen recently
• Neutral Sentiment: Margin durability remains the key question. Investors want to see whether wider margins can persist without the same level of tariff-refund support, particularly as residential flooring demand remains subdued. Margin durability analysis
• Negative Sentiment: Some analysts remain cautious at the current valuation. Wells Fargo raised its target to $125 with an Equal Weight rating, while Baird lifted its target to $132 but kept a Neutral rating; both targets remain below the recent share price. Benzinga analyst coverage
• Negative Sentiment: Chief Accounting Officer David Lee Repp sold 225 shares for approximately $29,383, reducing his direct ownership by 11.19%. The relatively small transaction is a modest negative signal but does not materially change the company’s outlook. SEC insider transaction filing

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.