Suzanne Helen Sells 5,658 Shares of Mohawk Industries (NYSE:MHK) Stock

Mohawk Industries, Inc. (NYSE:MHK) insider Suzanne Helen sold 5,658 shares of the company’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $105.19, for a total value of $595,165.02. Following the completion of the sale, the insider directly owned 61,935 shares of the company’s stock, valued at $6,514,942.65. The trade was a 8.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Mohawk Industries Stock Performance

Shares of NYSE:MHK opened at $102.89 on Friday. The business’s 50-day simple moving average is $121.24 and its 200 day simple moving average is $120.31. The company has a market cap of $6.32 billion, a P/E ratio of 17.38, a PEG ratio of 1.69 and a beta of 1.19. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.21 and a current ratio of 2.19. Mohawk Industries, Inc. has a one year low of $96.24 and a one year high of $143.13.

Mohawk Industries (NYSE:MHK) last released its quarterly earnings results on Thursday, February 12th. The company reported $2.00 earnings per share for the quarter, topping 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 analysts’ expectations of $2.68 billion. During the same quarter in the prior year, the business earned $1.95 EPS. Mohawk Industries’s quarterly 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. On average, sell-side analysts forecast that Mohawk Industries, Inc. will post 9.8 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Wolfe Research lowered shares of Mohawk Industries from an “outperform” rating to a “peer perform” rating in a report on Wednesday, January 7th. Truist Financial upped their price objective on shares of Mohawk Industries from $148.00 to $155.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. Wall Street Zen downgraded Mohawk Industries from a “buy” rating to a “hold” rating in a research note on Saturday, December 20th. Evercore set a $143.00 target price on Mohawk Industries in a research report on Tuesday, February 17th. Finally, Robert W. Baird set a $156.00 price target on Mohawk Industries in a research note on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Mohawk Industries currently has an average rating of “Hold” and an average price target of $137.64.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Root Financial Partners LLC bought a new stake in shares of Mohawk Industries in the 3rd quarter worth about $25,000. Bayforest Capital Ltd bought a new position in shares of Mohawk Industries during the fourth quarter worth about $27,000. MTM Investment Management LLC bought a new position in shares of Mohawk Industries during the second quarter worth about $28,000. Global Retirement Partners LLC grew its stake in Mohawk Industries by 950.0% in the fourth quarter. Global Retirement Partners LLC now owns 252 shares of the company’s stock worth $28,000 after purchasing an additional 228 shares in the last quarter. Finally, Transamerica Financial Advisors LLC increased its holdings in Mohawk Industries by 216.1% in the fourth quarter. Transamerica Financial Advisors LLC now owns 275 shares of the company’s stock valued at $30,000 after buying an additional 188 shares during the last quarter. 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.