Mohawk Industries (NYSE:MHK) Reaches New 12-Month Low – Time to Sell?

Mohawk Industries, Inc. (NYSE:MHK) shares hit a new 52-week low during trading on Monday . The stock traded as low as $95.05 and last traded at $95.7630, with a volume of 462631 shares. The stock had previously closed at $96.26.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Royal Bank Of Canada upped their target price on Mohawk Industries from $122.00 to $135.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 17th. UBS Group restated a “neutral” rating and set a $140.00 price target on shares of Mohawk Industries in a research report on Monday, February 16th. Truist Financial upped their price target on Mohawk Industries from $148.00 to $155.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Jefferies Financial Group lowered their price objective on Mohawk Industries from $134.00 to $128.00 and set a “hold” rating for the company in a research report on Monday, December 15th. Finally, Robert W. Baird set a $156.00 target price on shares of Mohawk Industries in a report on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $137.64.

Mohawk Industries Stock Down 1.1%

The company has a quick ratio of 1.21, a current ratio of 2.19 and a debt-to-equity ratio of 0.21. The company’s fifty day moving average price is $117.81 and its 200-day moving average price is $117.54. The stock has a market capitalization of $5.85 billion, a PE ratio of 16.08, a price-to-earnings-growth ratio of 1.53 and a beta of 1.19.

Mohawk Industries (NYSE:MHK) last posted its quarterly earnings data on Thursday, February 12th. The company reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.98 by $0.02. The company had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.68 billion. Mohawk Industries had a return on equity of 6.80% and a net margin of 3.43%.The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter last year, the company earned $1.95 EPS. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS. Analysts forecast that Mohawk Industries, Inc. will post 9.8 earnings per share for the current year.

Insider Buying and Selling at Mohawk Industries

In other news, insider Suzanne L. Helen sold 5,658 shares of Mohawk Industries stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $105.19, for a total value of $595,165.02. Following the completion of the transaction, the insider owned 61,935 shares of the company’s stock, valued at $6,514,942.65. The trade was a 8.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 12,000 shares of company stock worth $1,246,336 in the last ninety days. 17.40% of the stock is owned by company insiders.

Institutional Trading of Mohawk Industries

Several institutional investors have recently bought and sold shares of the company. Rockefeller Capital Management L.P. lifted its stake in shares of Mohawk Industries by 25.8% in the fourth quarter. Rockefeller Capital Management L.P. now owns 19,544 shares of the company’s stock worth $2,136,000 after buying an additional 4,003 shares in the last quarter. Corient Private Wealth LLC increased its position in shares of Mohawk Industries by 112.1% during the fourth quarter. Corient Private Wealth LLC now owns 15,713 shares of the company’s stock valued at $1,717,000 after acquiring an additional 8,305 shares in the last quarter. SG Trading Solutions LLC purchased a new position in Mohawk Industries in the 4th quarter worth approximately $216,000. Strive Financial Group LLC bought a new position in Mohawk Industries in the 4th quarter valued at approximately $98,000. Finally, State of Tennessee Department of Treasury lifted its position in Mohawk Industries by 4.0% in the 4th quarter. State of Tennessee Department of Treasury now owns 15,915 shares of the company’s stock valued at $1,884,000 after acquiring an additional 609 shares in the last quarter. 78.98% of the stock is owned by hedge funds and other institutional investors.

Mohawk Industries Company Profile

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.