Victory Capital Management Inc. Grows Stock Holdings in Mohawk Industries, Inc. $MHK

Victory Capital Management Inc. increased its stake in Mohawk Industries, Inc. (NYSE:MHK) by 3.2% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 269,448 shares of the company’s stock after buying an additional 8,351 shares during the period. Victory Capital Management Inc. owned 0.44% of Mohawk Industries worth $34,737,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently modified their holdings of MHK. Root Financial Partners LLC bought a new position in shares of Mohawk Industries in the third quarter worth approximately $25,000. Quent Capital LLC bought a new stake in shares of Mohawk Industries during the third quarter valued at approximately $33,000. MTM Investment Management LLC purchased a new position in Mohawk Industries in the 2nd quarter worth approximately $28,000. SJS Investment Consulting Inc. raised its holdings in Mohawk Industries by 5,385.7% in the 3rd quarter. SJS Investment Consulting Inc. now owns 384 shares of the company’s stock worth $50,000 after acquiring an additional 377 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. lifted its position in Mohawk Industries by 22.6% in the 3rd quarter. Resona Asset Management Co. Ltd. now owns 612 shares of the company’s stock valued at $78,000 after acquiring an additional 113 shares in the last quarter. 78.98% of the stock is owned by hedge funds and other institutional investors.

Mohawk Industries Stock Performance

MHK stock opened at $107.55 on Monday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.19 and a quick ratio of 1.21. Mohawk Industries, Inc. has a 1 year low of $96.24 and a 1 year high of $143.13. The company has a market cap of $6.61 billion, a P/E ratio of 18.17, a price-to-earnings-growth ratio of 1.71 and a beta of 1.19. The stock’s fifty day moving average price is $121.48 and its 200-day moving average price is $120.82.

Mohawk Industries (NYSE:MHK) last announced its earnings results 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 return on equity of 6.80% and a net margin of 3.43%.The business had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.68 billion. During the same period last year, the firm posted $1.95 earnings per share. The business’s revenue for the quarter was up 2.4% on a year-over-year basis. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS. On average, equities analysts forecast that Mohawk Industries, Inc. will post 9.8 earnings per share for the current year.

Analyst Upgrades and Downgrades

MHK has been the topic of several recent analyst reports. Wolfe Research downgraded Mohawk Industries from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, January 7th. Royal Bank Of Canada upped their price target on Mohawk Industries from $122.00 to $135.00 and gave the company a “sector perform” rating in a report on Tuesday, February 17th. UBS Group reaffirmed a “neutral” rating and set a $140.00 price objective on shares of Mohawk Industries in a research report on Monday, February 16th. Wall Street Zen downgraded Mohawk Industries from a “buy” rating to a “hold” rating in a report on Saturday, December 20th. Finally, Wells Fargo & Company upped their target price on shares of Mohawk Industries from $110.00 to $125.00 and gave the company a “cautious” rating in a research note on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $137.64.

Insider Buying and Selling

In other Mohawk Industries news, insider Suzanne L. Helen sold 300 shares of the stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $123.89, for a total value of $37,167.00. Following the transaction, the insider directly owned 67,593 shares in the company, valued at approximately $8,374,096.77. This trade represents a 0.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 10,650 shares of company stock worth $1,178,383 over the last three months. 17.40% of the stock is currently owned by corporate insiders.

Key Stories Impacting Mohawk Industries

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

• Neutral Sentiment: MarketWatch flagged that MHK underperformed peers on Thursday, signaling relative weakness vs. competitors — useful context for sector- and stock-specific flows. Mohawk Industries Inc. stock underperforms Thursday when compared to competitors
• Neutral Sentiment: InsiderMonkey republished an item tied to institutional commentary (Ariel Fund letter) that mentioned Mohawk; does not by itself imply a material change in outlook but contributes to the narrative coverage. Mohawk Industries (MHK) Falls as Housing Market Weakness Pressures Demand
• Negative Sentiment: Major news coverage (Yahoo Finance) points to softening housing-market demand as the proximate reason investors are selling MHK — weaker end-market demand pressures near-term revenue and margin visibility for flooring and building-products companies. Mohawk Industries (MHK) Falls as Housing Market Weakness Pressures Demand
• Negative Sentiment: Analysts at Zacks cut multiple quarterly and full‑year EPS forecasts (Q1–Q4 2026, Q1–Q3 2027 and FY2026–FY2027), trimming expectations for near-term earnings growth — this lowers sell‑side targets and can amplify downside pressure until demand evidence stabilizes. (Source: Zacks/MarketBeat coverage)

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.