4,678 Shares in Mohawk Industries, Inc. $MHK Purchased by Syon Capital LLC

Syon Capital LLC acquired a new stake in Mohawk Industries, Inc. (NYSE:MHK) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,678 shares of the company’s stock, valued at approximately $603,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. AQR Capital Management LLC raised its position in shares of Mohawk Industries by 123.1% during the 2nd quarter. AQR Capital Management LLC now owns 907,734 shares of the company’s stock worth $94,640,000 after purchasing an additional 500,934 shares during the last quarter. Norges Bank acquired a new position in shares of Mohawk Industries in the second quarter worth $48,276,000. ARGA Investment Management LP lifted its position in shares of 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 acquiring an additional 458,349 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Mohawk Industries by 28.0% during the second quarter. Massachusetts Financial Services Co. MA now owns 1,820,314 shares of the company’s stock valued at $190,842,000 after acquiring an additional 398,349 shares during the last quarter. Finally, Rakuten Investment Management Inc. purchased a new stake in Mohawk Industries during the 3rd quarter worth about $38,161,000. Institutional investors and hedge funds own 78.98% of the company’s stock.

Mohawk Industries Stock Down 0.9%

MHK opened at $127.02 on Friday. Mohawk Industries, Inc. has a 1 year low of $96.24 and a 1 year high of $143.13. The firm has a 50 day moving average price of $119.60 and a 200 day moving average price of $121.28. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.21 and a current ratio of 2.19. The company has a market cap of $7.85 billion, a PE ratio of 21.46, a price-to-earnings-growth ratio of 1.99 and a beta of 1.23.

Mohawk Industries (NYSE:MHK) last released its quarterly earnings data on Thursday, February 12th. The company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.98 by $0.02. Mohawk Industries had a net margin of 3.43% and a return on equity of 6.80%. The company had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.68 billion. During the same quarter in the prior year, the business earned $1.95 earnings per share. The business’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. Sell-side analysts expect that Mohawk Industries, Inc. will post 9.8 earnings per share for the current year.

Insider Buying and Selling at Mohawk Industries

In other news, insider Suzanne L. Helen sold 2,700 shares of the stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $109.00, for a total value of $294,300.00. Following the completion of the sale, the insider owned 67,893 shares in the company, valued at approximately $7,400,337. This trade represents a 3.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 11,985 shares of company stock valued at $1,330,156 over the last ninety days. 17.40% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have issued reports on MHK. Wolfe Research downgraded shares of Mohawk Industries from an “outperform” rating to a “peer perform” rating in a report on Wednesday, January 7th. Robert W. Baird set a $156.00 price target on Mohawk Industries in a research note on Tuesday. Wells Fargo & Company lifted their price objective on Mohawk Industries from $110.00 to $125.00 and gave the company a “cautious” rating in a research report on Wednesday, February 11th. Barclays set a $121.00 target price on Mohawk Industries in a research note on Monday, December 8th. Finally, Truist Financial raised their price target on Mohawk Industries from $148.00 to $155.00 and gave the stock a “buy” rating in a research note on Tuesday. 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, Mohawk Industries has an average 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.