Maple Rock Capital Partners Inc. Takes Position in Mohawk Industries, Inc. $MHK

Maple Rock Capital Partners Inc. purchased a new position in Mohawk Industries, Inc. (NYSE:MHK) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 84,975 shares of the company’s stock, valued at approximately $8,909,000. Maple Rock Capital Partners Inc. owned about 0.14% of Mohawk Industries as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. MTM Investment Management LLC purchased a new stake in shares of Mohawk Industries during the 2nd quarter valued at about $28,000. Brooklyn Investment Group raised its position in Mohawk Industries by 2,506.3% during the first quarter. Brooklyn Investment Group now owns 417 shares of the company’s stock valued at $48,000 after purchasing an additional 401 shares during the period. Resona Asset Management Co. Ltd. lifted its stake in shares of Mohawk Industries by 40.6% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 481 shares of the company’s stock valued at $55,000 after purchasing an additional 139 shares during the last quarter. Ossiam boosted its holdings in shares of Mohawk Industries by 131.6% in the 2nd quarter. Ossiam now owns 915 shares of the company’s stock worth $96,000 after purchasing an additional 520 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in shares of Mohawk Industries by 837.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,087 shares of the company’s stock valued at $114,000 after purchasing an additional 971 shares during the last quarter. Institutional investors own 78.98% of the company’s stock.

Insider Transactions at Mohawk Industries

In other news, insider Suzanne L. Helen sold 500 shares of Mohawk Industries stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $115.11, for a total value of $57,555.00. Following the transaction, the insider directly owned 78,243 shares in the company, valued at approximately $9,006,551.73. This trade represents a 0.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders sold 7,250 shares of company stock worth $804,539. 17.40% of the stock is currently owned by company insiders.

Mohawk Industries Stock Up 0.9%

Shares of Mohawk Industries stock opened at $112.66 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.25 and a quick ratio of 1.24. The stock has a market cap of $6.96 billion, a price-to-earnings ratio of 16.77, a PEG ratio of 2.27 and a beta of 1.23. The firm’s 50-day moving average is $115.56 and its two-hundred day moving average is $117.09. Mohawk Industries, Inc. has a 1 year low of $96.24 and a 1 year high of $143.13.

Mohawk Industries (NYSE:MHK) last announced its quarterly earnings results on Thursday, October 23rd. The company reported $2.67 earnings per share for the quarter, missing the consensus estimate of $2.68 by ($0.01). Mohawk Industries had a return on equity of 6.97% and a net margin of 3.93%.The business had revenue of $2.76 billion during the quarter, compared to analysts’ expectations of $2.73 billion. During the same period in the previous year, the company posted $2.90 EPS. Mohawk Industries’s revenue for the quarter was up 1.4% on a year-over-year basis. Mohawk Industries has set its Q4 2025 guidance at 1.900-2.000 EPS. As a group, research analysts expect that Mohawk Industries, Inc. will post 9.8 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on MHK shares. Weiss Ratings restated a “hold (c-)” rating on shares of Mohawk Industries in a research report on Friday, October 31st. Wells Fargo & Company lowered their target price on shares of Mohawk Industries from $130.00 to $125.00 and set an “equal weight” rating for the company in a report on Thursday, December 4th. Vertical Research began coverage on shares of Mohawk Industries in a research note on Monday, October 20th. They set a “buy” rating for the company. Barclays set a $121.00 price objective on shares of Mohawk Industries in a research note on Monday. Finally, Raymond James Financial reaffirmed a “strong-buy” rating and set a $150.00 target price (up previously from $140.00) on shares of Mohawk Industries in a research note on Tuesday, October 21st. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $137.54.

Mohawk Industries Company Profile

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.