Mohawk Industries, Inc. $MHK Shares Acquired by Schroder Investment Management Group

Schroder Investment Management Group grew its holdings in Mohawk Industries, Inc. (NYSE:MHK) by 3.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 837,556 shares of the company’s stock after acquiring an additional 27,888 shares during the period. Schroder Investment Management Group’s holdings in Mohawk Industries were worth $107,978,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MHK. Root Financial Partners LLC purchased a new position in Mohawk Industries in the 3rd quarter valued at about $25,000. MTM Investment Management LLC acquired a new position in Mohawk Industries in the second quarter worth $28,000. Quent Capital LLC bought a new stake in shares of Mohawk Industries during the 3rd quarter valued at about $33,000. SJS Investment Consulting Inc. grew its holdings in shares of Mohawk Industries by 5,385.7% during the third quarter. SJS Investment Consulting Inc. now owns 384 shares of the company’s stock valued at $50,000 after purchasing an additional 377 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. grew its stake in Mohawk Industries by 22.6% during the 3rd quarter. Resona Asset Management Co. Ltd. now owns 612 shares of the company’s stock worth $78,000 after buying an additional 113 shares during the last quarter. 78.98% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Mohawk Industries

In related news, insider Suzanne L. Helen sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $110.36, for a total value of $386,260.00. Following the transaction, the insider owned 70,593 shares in the company, valued at $7,790,643.48. This trade represents a 4.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders sold 10,650 shares of company stock worth $1,178,383. 17.40% of the stock is currently owned by corporate insiders.

Mohawk Industries Trading Up 0.5%

Mohawk Industries stock opened at $107.91 on Tuesday. The stock has a market cap of $6.63 billion, a price-to-earnings ratio of 18.23, a price-to-earnings-growth ratio of 1.71 and a beta of 1.19. Mohawk Industries, Inc. has a 12 month low of $96.24 and a 12 month high of $143.13. The business has a 50 day moving average price of $121.45 and a two-hundred day moving average price of $120.70. The company has a quick ratio of 1.21, a current ratio of 2.19 and a debt-to-equity ratio of 0.21.

Mohawk Industries (NYSE:MHK) last released its quarterly earnings data on Thursday, February 12th. The company reported $2.00 earnings per share 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 company had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.68 billion. During the same period in the previous year, the business earned $1.95 earnings per share. The company’s quarterly revenue was up 2.4% on a year-over-year basis. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS. As a group, equities analysts forecast that Mohawk Industries, Inc. will post 9.8 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Wolfe Research lowered Mohawk Industries from an “outperform” rating to a “peer perform” rating in a report on Wednesday, January 7th. Jefferies Financial Group reduced their price objective on Mohawk Industries from $134.00 to $128.00 and set a “hold” rating for the company in a research note on Monday, December 15th. UBS Group restated a “neutral” rating and issued a $140.00 price target on shares of Mohawk Industries in a research report on Monday, February 16th. Truist Financial raised their price objective on Mohawk Industries from $148.00 to $155.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Finally, Evercore set a $143.00 price target on shares of Mohawk Industries in a report on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $137.64.

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.