Key Points
- Insider sale: Suzanne Helen sold 5,658 shares on March 9 at an average price of $105.19 for $595,165, trimming her position by 8.37% to 61,935 shares valued at roughly $6.51M.
- Quarterly results and guidance: Mohawk beat estimates with $2.00 EPS (vs. $1.98) and $2.70B revenue, and set Q1 2026 guidance of $1.75–$1.85 EPS.
- Stock and analyst outlook: Shares fell about 2.2% to $103.99, the company has a ~$6.39B market cap, and analysts give a mixed "Hold" consensus with a $137.64 average price target.
Mohawk Industries, Inc. (NYSE:MHK - Get Free Report) insider Suzanne Helen sold 1,042 shares of the business's stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $109.39, for a total transaction of $113,984.38. Following the completion of the sale, the insider directly owned 60,893 shares in the company, valued at $6,661,085.27. This trade represents a 1.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Mohawk Industries Price Performance
MHK stock traded down $2.79 during trading on Thursday, hitting $103.60. The company had a trading volume of 102,156 shares, compared to its average volume of 873,015. The company has a market cap of $6.37 billion, a P/E ratio of 17.49, a P/E/G ratio of 1.72 and a beta of 1.19. The company has a fifty day moving average price of $121.36 and a two-hundred day moving average price of $120.43. Mohawk Industries, Inc. has a fifty-two week low of $96.24 and a fifty-two week high of $143.13. The company has a current ratio of 2.19, a quick ratio of 1.21 and a debt-to-equity ratio of 0.21.
Mohawk Industries (NYSE:MHK - Get Free Report) last issued its earnings results on Thursday, February 12th. The company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.98 by $0.02. The company had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.68 billion. Mohawk Industries had a net margin of 3.43% and a return on equity of 6.80%. The firm's revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.95 EPS. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS. Equities research analysts expect that Mohawk Industries, Inc. will post 9.8 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several analysts have recently weighed in on MHK shares. Evercore set a $143.00 price objective on shares of Mohawk Industries in a report on Tuesday, February 17th. Wolfe Research downgraded Mohawk Industries from an "outperform" rating to a "peer perform" rating in a report on Wednesday, January 7th. Truist Financial increased their price target on Mohawk Industries from $148.00 to $155.00 and gave the stock a "buy" rating in a research report on Tuesday, February 17th. Barclays set a $121.00 price target on Mohawk Industries in a report on Monday, December 8th. Finally, Wells Fargo & Company lifted their price objective on Mohawk Industries from $110.00 to $125.00 and gave the company a "cautious" rating in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Mohawk Industries currently has an average rating of "Hold" and a consensus price target of $137.64.
Check Out Our Latest Analysis on Mohawk Industries
Hedge Funds Weigh In On Mohawk Industries
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. lifted its stake in shares of Mohawk Industries by 14.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 344,797 shares of the company's stock valued at $39,369,000 after purchasing an additional 42,655 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Mohawk Industries by 0.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 193,977 shares of the company's stock valued at $22,148,000 after purchasing an additional 1,175 shares during the last quarter. Acadian Asset Management LLC acquired a new position in Mohawk Industries in the first quarter valued at about $149,000. Penserra Capital Management LLC lifted its stake in Mohawk Industries by 10.8% in the second quarter. Penserra Capital Management LLC now owns 2,483 shares of the company's stock valued at $260,000 after buying an additional 242 shares during the period. Finally, Campbell & CO Investment Adviser LLC bought a new position in Mohawk Industries during the second quarter worth about $780,000. 78.98% of the stock is owned by institutional investors.
About Mohawk Industries
(
Get Free Report)
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.
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