Mohawk Industries, Inc. $MHK Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC raised its stake in Mohawk Industries, Inc. (NYSE:MHK) by 364.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,897 shares of the company’s stock after buying an additional 26,605 shares during the quarter. SG Americas Securities LLC owned about 0.05% of Mohawk Industries worth $3,705,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. AEGON ASSET MANAGEMENT UK Plc acquired a new position in shares of Mohawk Industries in the 3rd quarter worth approximately $20,054,000. Wilsey Asset Management Inc. increased its holdings in Mohawk Industries by 11.5% in the 4th 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 last quarter. ARGA Investment Management LP raised its position in Mohawk Industries by 1,508.1% in the third quarter. ARGA Investment Management LP now owns 488,741 shares of the company’s stock valued at $63,008,000 after purchasing an additional 458,349 shares during the period. Schroder Investment Management Group raised its position in Mohawk Industries by 3.4% in the third quarter. Schroder Investment Management Group now owns 837,556 shares of the company’s stock valued at $107,978,000 after purchasing an additional 27,888 shares during the period. Finally, Rafferty Asset Management LLC lifted its stake in Mohawk Industries by 101.1% during the third quarter. Rafferty Asset Management LLC now owns 45,973 shares of the company’s stock worth $5,927,000 after purchasing an additional 23,117 shares in the last quarter. Hedge funds and other institutional investors own 78.98% of the company’s stock.

Mohawk Industries Stock Down 2.8%

Mohawk Industries stock opened at $96.62 on Friday. Mohawk Industries, Inc. has a twelve month low of $94.97 and a twelve month high of $143.13. The stock’s fifty day simple moving average is $115.77 and its 200-day simple moving average is $116.69. The company has a current ratio of 2.19, a quick ratio of 1.21 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $5.94 billion, a P/E ratio of 16.32, a P/E/G ratio of 1.58 and a beta of 1.24.

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

Insider Activity at Mohawk Industries

In other news, insider Suzanne L. Helen sold 5,658 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $105.19, for a total transaction of $595,165.02. Following the completion of the transaction, the insider directly owned 61,935 shares of the company’s stock, valued at approximately $6,514,942.65. The trade was a 8.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold 12,000 shares of company stock worth $1,246,336 over the last three months. Insiders own 17.40% of the company’s stock.

Analyst Ratings Changes

MHK has been the subject of several research analyst reports. Evercore set a $143.00 price target on Mohawk Industries in a research report on Tuesday, February 17th. Jefferies Financial Group decreased their target price on Mohawk Industries from $134.00 to $128.00 and set a “hold” rating on the stock in a research note on Monday, December 15th. UBS Group restated a “neutral” rating and set a $140.00 target price on shares of Mohawk Industries in a report on Monday, February 16th. Wells Fargo & Company lifted their target price on Mohawk Industries from $110.00 to $125.00 and gave the company a “cautious” rating in a research report on Wednesday, February 11th. Finally, Wall Street Zen raised shares of Mohawk Industries from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $139.30.

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.