Mohawk Industries, Inc. (NYSE:MHK) Given Consensus Rating of “Hold” by Brokerages

Shares of Mohawk Industries, Inc. (NYSE:MHK) have been assigned a consensus recommendation of “Hold” from the fifteen analysts that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, ten have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $123.50.

Several analysts have recently commented on the company. Wells Fargo & Company decreased their price objective on Mohawk Industries from $125.00 to $105.00 and set an “equal weight” rating for the company in a report on Wednesday, April 8th. UBS Group reiterated a “neutral” rating and set a $140.00 price objective on shares of Mohawk Industries in a report on Monday, February 16th. Zacks Research lowered Mohawk Industries from a “hold” rating to a “strong sell” rating in a report on Friday, April 24th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Mohawk Industries in a report on Monday, April 27th. Finally, Wolfe Research lowered Mohawk Industries from an “outperform” rating to a “peer perform” rating in a report on Wednesday, January 7th.

Mohawk Industries Stock Performance

Shares of NYSE:MHK opened at $97.45 on Wednesday. Mohawk Industries has a 52 week low of $93.60 and a 52 week high of $143.13. The firm has a 50 day moving average of $105.94 and a 200 day moving average of $113.09. The company has a quick ratio of 1.23, a current ratio of 2.16 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $5.96 billion, a price-to-earnings ratio of 14.61, a price-to-earnings-growth ratio of 1.91 and a beta of 1.20.

Mohawk Industries (NYSE:MHK) last posted its earnings results on Thursday, April 30th. The company reported $1.90 EPS for the quarter, beating analysts’ consensus estimates of $1.80 by $0.10. Mohawk Industries had a net margin of 3.77% and a return on equity of 6.96%. The company had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.74 billion. During the same quarter in the prior year, the company posted $1.52 earnings per share. Mohawk Industries’s revenue for the quarter was up 8.0% compared to the same quarter last year. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS. On average, sell-side analysts predict that Mohawk Industries will post 9.07 earnings per share for the current fiscal year.

Insider Activity at Mohawk Industries

In related news, insider Suzanne L. Helen sold 3,000 shares of the company’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $97.80, for a total value of $293,400.00. Following the transaction, the insider directly owned 53,893 shares of the company’s stock, valued at $5,270,735.40. This represents a 5.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last ninety days, insiders sold 12,000 shares of company stock worth $1,246,336. Corporate insiders own 17.90% of the company’s stock.

Hedge Funds Weigh In On Mohawk Industries

Several hedge funds have recently made changes to their positions in the company. Evergreen Advisors LLC acquired a new position in shares of Mohawk Industries in the 1st quarter valued at $98,000. Illinois Municipal Retirement Fund acquired a new position in shares of Mohawk Industries in the 1st quarter valued at $3,071,000. Sanctuary Advisors LLC increased its position in shares of Mohawk Industries by 72.6% in the 1st quarter. Sanctuary Advisors LLC now owns 8,085 shares of the company’s stock valued at $796,000 after acquiring an additional 3,400 shares during the period. Calamos Wealth Management LLC acquired a new position in shares of Mohawk Industries in the 1st quarter valued at $277,000. Finally, Calamos Advisors LLC acquired a new stake in Mohawk Industries during the 1st quarter worth about $277,000. 78.98% of the stock is owned by institutional investors and hedge funds.

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.