Suzanne Helen Sells 5,000 Shares of Mohawk Industries (NYSE:MHK) Stock

Mohawk Industries, Inc. (NYSE:MHK) insider Suzanne Helen sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $111.92, for a total transaction of $559,600.00. Following the completion of the transaction, the insider directly owned 30,732 shares of the company’s stock, valued at approximately $3,439,525.44. This represents a 13.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Mohawk Industries Stock Up 0.4%

Shares of NYSE MHK opened at $112.70 on Friday. The firm has a market cap of $6.87 billion, a P/E ratio of 16.90, a price-to-earnings-growth ratio of 2.79 and a beta of 1.20. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.23 and a current ratio of 2.16. Mohawk Industries, Inc. has a 1 year low of $92.99 and a 1 year high of $143.13. The firm’s 50 day moving average price is $104.62 and its 200 day moving average price is $110.73.

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

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Truist Financial lowered their price target on Mohawk Industries from $155.00 to $135.00 and set a “buy” rating for the company in a report on Tuesday, May 5th. Wells Fargo & Company decreased their target price on shares of Mohawk Industries from $125.00 to $105.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 8th. Zacks Research downgraded shares of Mohawk Industries from a “hold” rating to a “strong sell” rating in a report on Friday, April 24th. JPMorgan Chase & Co. dropped their price target on shares of Mohawk Industries from $143.00 to $138.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Finally, Evercore set a $110.00 price target on shares of Mohawk Industries in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $123.33.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Wilsey Asset Management Inc. increased its stake in shares of Mohawk Industries by 11.5% in the fourth quarter. Wilsey Asset Management Inc. now owns 237,869 shares of the company’s stock valued at $25,999,000 after purchasing an additional 24,621 shares during the period. Schroder Investment Management Group grew its holdings in Mohawk Industries by 3.4% in the 3rd quarter. Schroder Investment Management Group now owns 837,556 shares of the company’s stock worth $107,978,000 after buying an additional 27,888 shares in the last quarter. Tabor Asset Management LP increased its position in Mohawk Industries by 35.5% in the 3rd quarter. Tabor Asset Management LP now owns 69,068 shares of the company’s stock valued at $8,904,000 after acquiring an additional 18,088 shares during the period. UBS Group AG increased its position in Mohawk Industries by 6.1% in the 4th quarter. UBS Group AG now owns 227,068 shares of the company’s stock valued at $24,819,000 after acquiring an additional 13,090 shares during the period. Finally, Rafferty Asset Management LLC raised its stake in Mohawk Industries by 101.1% during the 3rd quarter. Rafferty Asset Management LLC now owns 45,973 shares of the company’s stock valued at $5,927,000 after acquiring an additional 23,117 shares in the last quarter. Institutional investors and hedge funds own 78.98% of the company’s stock.

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.