Key Points
- Insider sale: Director Suzanne Helen sold 2,500 Mohawk Industries shares on Nov. 21 at an average price of $109.54 for $273,850, reducing her holding by 3.03% to 79,878 shares (valued about $8.75M).
- Company performance and market view: Mohawk reported Q3 EPS of $2.67 (missed by $0.01) and revenue of $2.76B (up 1.4% y/y), set Q4 2025 guidance of $1.90–$2.00 EPS, and trades near $114 with a consensus analyst rating of "Moderate Buy" and an average target of $138.
Mohawk Industries, Inc. (NYSE:MHK - Get Free Report) insider Suzanne Helen sold 2,500 shares of the business's stock in a transaction that occurred on Friday, November 21st. The stock was sold at an average price of $109.54, for a total value of $273,850.00. Following the transaction, the insider owned 79,878 shares in the company, valued at $8,749,836.12. The trade was a 3.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Mohawk Industries Stock Up 4.5%
MHK opened at $114.44 on Wednesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.25 and a quick ratio of 1.24. Mohawk Industries, Inc. has a 12 month low of $96.24 and a 12 month high of $143.47. The stock has a market capitalization of $7.08 billion, a P/E ratio of 17.03, a P/E/G ratio of 2.38 and a beta of 1.31. The business has a 50 day simple moving average of $119.45 and a 200-day simple moving average of $116.71.
Mohawk Industries (NYSE:MHK - Get Free Report) last announced its quarterly earnings data on Thursday, October 23rd. The company reported $2.67 earnings per share for the quarter, missing analysts' consensus estimates of $2.68 by ($0.01). The business had revenue of $2.76 billion for the quarter, compared to analyst estimates of $2.73 billion. Mohawk Industries had a return on equity of 6.97% and a net margin of 3.93%.The company's revenue was up 1.4% on a year-over-year basis. During the same period in the prior year, the company earned $2.90 EPS. Mohawk Industries has set its Q4 2025 guidance at 1.900-2.000 EPS. On average, equities analysts anticipate that Mohawk Industries, Inc. will post 9.8 earnings per share for the current fiscal year.
Institutional Trading of Mohawk Industries
Several large investors have recently modified their holdings of MHK. Yousif Capital Management LLC increased its stake in shares of Mohawk Industries by 1.1% during the 2nd quarter. Yousif Capital Management LLC now owns 8,374 shares of the company's stock worth $878,000 after purchasing an additional 88 shares in the last quarter. Public Employees Retirement System of Ohio grew its holdings in Mohawk Industries by 0.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 17,254 shares of the company's stock valued at $2,224,000 after buying an additional 100 shares during the last quarter. Resona Asset Management Co. Ltd. increased its position in Mohawk Industries by 22.6% during the third quarter. Resona Asset Management Co. Ltd. now owns 612 shares of the company's stock worth $78,000 after buying an additional 113 shares in the last quarter. AlphaQuest LLC raised its holdings in shares of Mohawk Industries by 4.2% in the third quarter. AlphaQuest LLC now owns 2,774 shares of the company's stock worth $358,000 after acquiring an additional 113 shares during the last quarter. Finally, Hantz Financial Services Inc. lifted its position in shares of Mohawk Industries by 4.1% in the third quarter. Hantz Financial Services Inc. now owns 2,912 shares of the company's stock valued at $375,000 after acquiring an additional 116 shares in the last quarter. 78.98% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on MHK shares. Raymond James Financial reiterated a "strong-buy" rating and issued a $150.00 price target (up previously from $140.00) on shares of Mohawk Industries in a report on Tuesday, October 21st. Evercore ISI lowered their target price on shares of Mohawk Industries from $124.00 to $118.00 and set an "in-line" rating on the stock in a research report on Wednesday, November 19th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Mohawk Industries in a report on Friday, October 31st. Wells Fargo & Company reissued a "neutral" rating and set a $130.00 price target on shares of Mohawk Industries in a research note on Monday, October 27th. Finally, JPMorgan Chase & Co. raised their price objective on Mohawk Industries from $139.00 to $140.00 and gave the company an "overweight" rating in a research note on Tuesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $138.00.
Check Out Our Latest Research Report on Mohawk Industries
Mohawk Industries Company Profile
(
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Mohawk Industries, Inc designs, manufactures, sources, distributes, and markets flooring products for residential and commercial remodeling, and new construction channels in the United States, Europe, Latin America, and internationally. It operates through three segments: Global Ceramic, Flooring North America, and Flooring Rest of the World.
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