Key Points
- Suzanne Helen sold 500 shares of Mohawk Industries on December 3 at an average price of $115.11 for about $57,555, cutting her stake by 0.63% to 78,243 shares valued at roughly $9.01 million.
- Mohawk reported quarterly EPS of $2.67 (missing estimates by $0.01) and revenue of $2.76 billion, and its stock trades near $114.88 with a market cap of $7.1 billion, P/E of 17.11 and a 52‑week range of $96.24–$143.13.
- Wall Street consensus is a Moderate Buy with an average price target of $138, though several analysts have recently trimmed targets while others continue to rate the stock Buy/Strong‑Buy.
Mohawk Industries, Inc. (NYSE:MHK - Get Free Report) insider Suzanne Helen sold 500 shares of Mohawk Industries stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $115.11, for a total transaction of $57,555.00. Following the transaction, the insider directly owned 78,243 shares of the company's stock, valued at approximately $9,006,551.73. This represents a 0.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Mohawk Industries Price Performance
MHK opened at $114.88 on Thursday. The business has a fifty day moving average of $117.72 and a 200 day moving average of $116.92. The stock has a market cap of $7.10 billion, a P/E ratio of 17.11, a PEG ratio of 2.34 and a beta of 1.23. The company has a quick ratio of 1.24, a current ratio of 2.25 and a debt-to-equity ratio of 0.21. Mohawk Industries, Inc. has a 52-week low of $96.24 and a 52-week high of $143.13.
Mohawk Industries (NYSE:MHK - Get Free Report) last issued its earnings results on Thursday, October 23rd. The company reported $2.67 EPS for the quarter, missing analysts' consensus estimates of $2.68 by ($0.01). The company had revenue of $2.76 billion during the quarter, compared to the consensus estimate of $2.73 billion. Mohawk Industries had a return on equity of 6.97% and a net margin of 3.93%.Mohawk Industries's revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.90 earnings per share. Mohawk Industries has set its Q4 2025 guidance at 1.900-2.000 EPS. As a group, sell-side analysts anticipate that Mohawk Industries, Inc. will post 9.8 EPS for the current year.
Institutional Trading of Mohawk Industries
Several institutional investors have recently bought and sold shares of MHK. Root Financial Partners LLC acquired a new position in Mohawk Industries during the third quarter worth $25,000. Federated Hermes Inc. boosted its holdings in Mohawk Industries by 326.3% in the 1st quarter. Federated Hermes Inc. now owns 243 shares of the company's stock worth $28,000 after buying an additional 186 shares during the last quarter. MTM Investment Management LLC purchased a new stake in Mohawk Industries during the 2nd quarter worth approximately $28,000. Quent Capital LLC acquired a new position in shares of Mohawk Industries during the third quarter valued at approximately $33,000. Finally, Brooklyn Investment Group boosted its stake in shares of Mohawk Industries by 2,506.3% in the first quarter. Brooklyn Investment Group now owns 417 shares of the company's stock worth $48,000 after acquiring an additional 401 shares during the last quarter. 78.98% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on MHK shares. Evercore ISI dropped their price objective on 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. Barclays lowered their price target on shares of Mohawk Industries from $125.00 to $122.00 and set an "equal weight" rating on the stock in a report on Monday, October 27th. Vertical Research initiated coverage on shares of Mohawk Industries in a research report on Monday, October 20th. They set a "buy" rating for the company. Raymond James Financial reaffirmed a "strong-buy" rating and issued a $150.00 price target (up from $140.00) on shares of Mohawk Industries in a report on Tuesday, October 21st. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Mohawk Industries in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Mohawk Industries has a consensus rating of "Moderate Buy" and an average price target of $138.00.
Check Out Our Latest Stock Analysis on Mohawk Industries
About Mohawk Industries
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
