Schroder Investment Management Group Acquires 27,888 Shares of Mohawk Industries, Inc. $MHK

Schroder Investment Management Group raised its position in shares of Mohawk Industries, Inc. (NYSE:MHK) by 3.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 837,556 shares of the company’s stock after acquiring an additional 27,888 shares during the period. Schroder Investment Management Group owned approximately 1.35% of Mohawk Industries worth $107,978,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in MHK. Dimensional Fund Advisors LP lifted its position in shares of Mohawk Industries by 1.2% during the third quarter. Dimensional Fund Advisors LP now owns 3,085,012 shares of the company’s stock worth $397,714,000 after purchasing an additional 37,487 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Mohawk Industries by 7.4% in the 2nd quarter. Invesco Ltd. now owns 1,957,197 shares of the company’s stock valued at $205,192,000 after acquiring an additional 135,246 shares during the period. State Street Corp lifted its position in shares of Mohawk Industries by 2.1% during the second quarter. State Street Corp now owns 1,915,831 shares of the company’s stock valued at $200,856,000 after buying an additional 39,556 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in Mohawk Industries by 0.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,829,830 shares of the company’s stock worth $235,902,000 after purchasing an additional 9,516 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in Mohawk Industries by 0.3% during the 2nd quarter. Geode Capital Management LLC now owns 1,358,212 shares of the company’s stock valued at $142,124,000 after buying an additional 4,085 shares in the last quarter. 78.98% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on MHK. Royal Bank Of Canada raised their price target on shares of Mohawk Industries from $122.00 to $135.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 17th. Truist Financial raised their price target on shares of Mohawk Industries from $148.00 to $155.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. Weiss Ratings restated a “hold (c-)” rating on shares of Mohawk Industries in a research report on Wednesday, January 28th. Wall Street Zen downgraded Mohawk Industries from a “buy” rating to a “hold” rating in a research report on Saturday, December 20th. Finally, Evercore set a $143.00 price objective on shares of Mohawk Industries in a report on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $137.64.

Insider Buying and Selling

In other Mohawk Industries news, insider Suzanne L. Helen sold 300 shares of Mohawk Industries stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $123.89, for a total transaction of $37,167.00. Following the completion of the transaction, the insider owned 67,593 shares in the company, valued at approximately $8,374,096.77. The trade was a 0.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders sold 10,650 shares of company stock worth $1,178,383 in the last quarter. 17.40% of the stock is currently owned by insiders.

Mohawk Industries Trading Up 0.5%

Shares of Mohawk Industries stock opened at $107.91 on Tuesday. The stock has a market cap of $6.63 billion, a price-to-earnings ratio of 18.23, a PEG ratio of 1.71 and a beta of 1.19. 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, Inc. has a 12-month low of $96.24 and a 12-month high of $143.13. The company has a fifty day simple moving average of $121.45 and a 200-day simple moving average of $120.70.

Mohawk Industries (NYSE:MHK) last announced its earnings results on Thursday, February 12th. The company reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.98 by $0.02. The business had revenue of $2.70 billion during 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 business’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.95 earnings per share. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS. On average, equities analysts forecast that Mohawk Industries, Inc. will post 9.8 EPS for the current fiscal year.

About Mohawk Industries

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.