Key Points
- Insider sale: Suzanne Helen sold 2,000 Mohawk shares on Dec. 15 at an average price of $110.70 for $221,400, trimming her stake by 2.63% to 74,093 shares.
- Financial update: Mohawk reported Q3 EPS of $2.67 (missed estimates by $0.01) with revenue of $2.76B (above expectations) and set Q4 2025 guidance of $1.90–$2.00 EPS.
- Market and sentiment: The stock trades near $112 with a $6.94B market cap, and analysts hold a consensus "Moderate Buy" rating with a $135.79 price target.
Mohawk Industries, Inc. (NYSE:MHK - Get Free Report) insider Suzanne Helen sold 2,000 shares of the business's stock in a transaction on Monday, December 15th. The shares were sold at an average price of $110.70, for a total transaction of $221,400.00. Following the transaction, the insider owned 74,093 shares in the company, valued at approximately $8,202,095.10. This represents a 2.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Mohawk Industries Stock Up 2.9%
Shares of NYSE:MHK traded up $3.13 during midday trading on Thursday, hitting $112.33. 32,882 shares of the stock were exchanged, compared to its average volume of 807,512. The company has a market capitalization of $6.94 billion, a PE ratio of 16.73, a P/E/G ratio of 2.24 and a beta of 1.23. Mohawk Industries, Inc. has a 52-week low of $96.24 and a 52-week high of $143.13. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.24 and a current ratio of 2.25. The business's fifty day simple moving average is $114.43 and its two-hundred day simple moving average is $117.45.
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). Mohawk Industries had a net margin of 3.93% and a return on equity of 6.97%. The firm had revenue of $2.76 billion during the quarter, compared to analysts' expectations of $2.73 billion. During the same quarter last year, the firm earned $2.90 EPS. The business's revenue for the quarter was up 1.4% compared to the same quarter last year. Mohawk Industries has set its Q4 2025 guidance at 1.900-2.000 EPS. As a group, research analysts predict that Mohawk Industries, Inc. will post 9.8 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities analysts recently weighed in on MHK shares. Barclays set a $121.00 price objective on shares of Mohawk Industries in a research report on Monday, December 8th. Vertical Research assumed coverage on shares of Mohawk Industries in a report on Monday, October 20th. They set a "buy" rating on the stock. Evercore ISI decreased their price objective on shares of Mohawk Industries from $124.00 to $118.00 and set an "in-line" rating for the company in a report on Wednesday, November 19th. Jefferies Financial Group lowered their target price on shares of Mohawk Industries from $134.00 to $128.00 and set a "hold" rating on the stock in a research report on Monday. 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 seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $135.79.
Get Our Latest Report on Mohawk Industries
Institutional Investors Weigh In On Mohawk Industries
A number of hedge funds have recently bought and sold shares of MHK. Root Financial Partners LLC bought a new position in shares of Mohawk Industries in the third quarter worth about $25,000. MTM Investment Management LLC bought a new position in Mohawk Industries in the 2nd quarter worth approximately $28,000. Quent Capital LLC acquired a new position in shares of Mohawk Industries during the third quarter worth approximately $33,000. Brooklyn Investment Group boosted its position 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 valued at $48,000 after acquiring an additional 401 shares during the period. Finally, SJS Investment Consulting Inc. boosted its position in shares of Mohawk Industries by 5,385.7% in the third quarter. SJS Investment Consulting Inc. now owns 384 shares of the company's stock valued at $50,000 after acquiring an additional 377 shares during the period. 78.98% of the stock is currently owned by institutional investors.
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.
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