Strs Ohio Increases Position in Mohawk Industries, Inc. $MHK

Strs Ohio lifted its position in Mohawk Industries, Inc. (NYSE:MHK) by 13.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 136,615 shares of the company’s stock after purchasing an additional 16,389 shares during the period. Strs Ohio’s holdings in Mohawk Industries were worth $14,932,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Root Financial Partners LLC purchased a new position in Mohawk Industries during the third quarter valued at $25,000. Bayforest Capital Ltd bought a new stake in shares of Mohawk Industries in the 4th quarter worth about $27,000. Quent Capital LLC bought a new stake in shares of Mohawk Industries in the 3rd quarter worth about $33,000. Salomon & Ludwin LLC bought a new stake in Mohawk Industries during the 4th quarter valued at about $43,000. Finally, SJS Investment Consulting Inc. lifted its holdings in Mohawk Industries by 5,385.7% during the 3rd quarter. SJS Investment Consulting Inc. now owns 384 shares of the company’s stock valued at $50,000 after buying an additional 377 shares in the last quarter. 78.98% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Mohawk Industries

Here are the key news stories impacting Mohawk Industries this week:

• Positive Sentiment: Q1 EPS beat expectations — Mohawk reported GAAP and adjusted EPS of $1.90 versus consensus ~$1.80, showing solid year‑over‑year earnings improvement. Mohawk Industries (MHK) Surpasses Q1 Earnings Estimates
• Positive Sentiment: Sales grew on a reported basis — Net sales were ~$2.7B, up ~8% year-over-year (though adjusted for days/FX sales were down vs. prior year), indicating demand resiliency in parts of the portfolio. Mohawk Industries Reports Q1 2026 Results
• Neutral Sentiment: Full earnings materials and call available — Management’s prepared remarks, slide deck and conference call transcript are published for detailed review by investors. Use them to assess segment trends, backlog and margin drivers. Mohawk Industries, Inc. (MHK) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Key metrics mixed — Report shows reported sales growth but constant‑currency/adjusted sales down ~2.6% versus prior year; margin and ROE remain modest (net margin ~3.4%, ROE ~6.8%), which tempers the beat. Mohawk Industries Reports Q1 2026 Results (FinancialPost/Globe)
• Negative Sentiment: Q2 guidance trimmed and below Street — Management set Q2 FY2026 EPS guidance of $2.50–$2.60 versus consensus ~ $2.73, which is the primary driver of investor concern and today’s share weakness. Mohawk Industries (MHK) Reports Q1 Earnings: What Key Metrics Have to Say
• Negative Sentiment: Top‑line slightly missed consensus — Revenue of $2.73B was roughly in line but just under the street estimate (~$2.74B), which, combined with the weaker guide, amplified selling pressure. Mohawk Industries (NYSE:MHK) Reports Sales Below Analyst Estimates In Q1 CY2026 Earnings

Mohawk Industries Price Performance

Shares of NYSE MHK opened at $100.45 on Monday. The firm has a 50-day simple moving average of $106.53 and a 200-day simple moving average of $113.30. The stock has a market capitalization of $6.15 billion, a price-to-earnings ratio of 15.06, a price-to-earnings-growth ratio of 2.01 and a beta of 1.21. The company has a quick ratio of 1.23, a current ratio of 2.16 and a debt-to-equity ratio of 0.21. Mohawk Industries, Inc. has a 52 week low of $94.56 and a 52 week high of $143.13.

Mohawk Industries (NYSE:MHK) last announced its quarterly earnings data 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. Mohawk Industries had a net margin of 3.77% and a return on equity of 6.96%. The firm had revenue of $2.73 billion during the quarter, compared to analyst estimates of $2.74 billion. During the same quarter in the prior year, the firm posted $1.52 earnings per share. Mohawk Industries’s quarterly 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. On average, equities analysts predict that Mohawk Industries, Inc. will post 9.08 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Mohawk Industries news, insider Suzanne L. Helen sold 5,658 shares of the company’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $105.19, for a total value of $595,165.02. Following the transaction, the insider owned 61,935 shares of the company’s stock, valued at $6,514,942.65. This represents a 8.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders have sold a total of 12,000 shares of company stock valued at $1,246,336 over the last 90 days. Corporate insiders own 17.90% of the company’s stock.

Analyst Ratings Changes

MHK has been the topic of a number of research reports. Royal Bank Of Canada raised their target price on shares of Mohawk Industries from $122.00 to $135.00 and gave the company a “sector perform” rating in a research report on Tuesday, February 17th. Wall Street Zen downgraded shares of Mohawk Industries from a “buy” rating to a “hold” rating in a research report on Saturday, April 11th. Bank of America restated a “neutral” rating and set a $122.00 price objective (down from $149.00) on shares of Mohawk Industries in a research note on Monday, April 20th. UBS Group reiterated a “neutral” rating and issued a $140.00 target price on shares of Mohawk Industries in a research note on Monday, February 16th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Mohawk Industries in a research note on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $130.18.

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.