Landscape Capital Management L.L.C. Acquires Shares of 18,006 Mohawk Industries, Inc. $MHK

Landscape Capital Management L.L.C. acquired a new stake in Mohawk Industries, Inc. (NYSE:MHK) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 18,006 shares of the company’s stock, valued at approximately $1,968,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bayforest Capital Ltd bought a new stake in Mohawk Industries in the fourth quarter valued at approximately $27,000. Global Retirement Partners LLC lifted its position in Mohawk Industries by 950.0% in the fourth quarter. Global Retirement Partners LLC now owns 252 shares of the company’s stock valued at $28,000 after purchasing an additional 228 shares during the last quarter. Transamerica Financial Advisors LLC lifted its position in Mohawk Industries by 216.1% in the fourth quarter. Transamerica Financial Advisors LLC now owns 275 shares of the company’s stock valued at $30,000 after purchasing an additional 188 shares during the last quarter. Salomon & Ludwin LLC bought a new stake in Mohawk Industries in the fourth quarter valued at approximately $43,000. Finally, Danske Bank A S bought a new stake in Mohawk Industries in the third quarter valued at approximately $52,000. Institutional investors own 78.98% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Jeffrey S. Lorberbaum sold 5,000 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $105.53, for a total transaction of $527,650.00. Following the transaction, the chief executive officer directly owned 25,000 shares of the company’s stock, valued at $2,638,250. This represents a 16.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Suzanne L. Helen sold 3,000 shares of the stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $97.80, for a total value of $293,400.00. Following the completion of the transaction, the insider directly owned 53,893 shares in the company, valued at approximately $5,270,735.40. This represents a 5.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 10,844 shares of company stock worth $1,121,508. Corporate insiders own 17.90% of the company’s stock.

Mohawk Industries Trading Up 3.5%

Shares of NYSE:MHK opened at $111.39 on Tuesday. The company has a market cap of $6.79 billion, a P/E ratio of 16.70, a PEG ratio of 2.67 and a beta of 1.20. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.16 and a quick ratio of 1.23. Mohawk Industries, Inc. has a 1 year low of $92.99 and a 1 year high of $143.13. The stock’s fifty day moving average price is $103.57 and its 200-day moving average price is $110.82.

Mohawk Industries (NYSE:MHK) last announced its quarterly earnings results on Thursday, April 30th. The company reported $1.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.10. The firm had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.74 billion. Mohawk Industries had a return on equity of 6.96% and a net margin of 3.77%.The company’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.52 earnings per share. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS. Sell-side analysts expect that Mohawk Industries, Inc. will post 8.67 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Royal Bank Of Canada boosted their target price on Mohawk Industries from $122.00 to $135.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 17th. JPMorgan Chase & Co. reduced their target price on Mohawk Industries from $143.00 to $138.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Evercore set a $110.00 target price on Mohawk Industries in a research note on Monday, May 4th. Wall Street Zen cut Mohawk Industries from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Bank of America reissued a “neutral” rating and set a $122.00 target price (down from $149.00) on shares of Mohawk Industries in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $123.33.

Mohawk Industries 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.