Insider Selling: Mohawk Industries (NYSE:MHK) Insider Sells $200,053.04 in Stock

Mohawk Industries, Inc. (NYSE:MHK) insider Suzanne Helen sold 1,852 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $108.02, for a total transaction of $200,053.04. Following the sale, the insider owned 39,622 shares of the company’s stock, valued at $4,279,968.44. This trade represents a 4.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Mohawk Industries Stock Up 4.3%

MHK opened at $112.70 on Friday. The company has a quick ratio of 1.23, a current ratio of 2.16 and a debt-to-equity ratio of 0.21. The stock has a market cap of $6.87 billion, a price-to-earnings ratio of 16.90, a PEG ratio of 2.68 and a beta of 1.20. Mohawk Industries, Inc. has a twelve month low of $92.99 and a twelve month high of $143.13. The company’s 50-day moving average price is $104.38 and its two-hundred day moving average price is $110.71.

Mohawk Industries (NYSE:MHK) last posted its quarterly earnings results on Thursday, April 30th. The company reported $1.90 earnings per share for the quarter, topping the consensus estimate of $1.80 by $0.10. Mohawk Industries had a return on equity of 6.96% and a net margin of 3.77%.The company had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter in the prior year, the company earned $1.52 EPS. The firm’s quarterly revenue was up 8.0% compared to the same quarter last year. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS. As a group, equities analysts expect that Mohawk Industries, Inc. will post 8.67 earnings per share for the current year.

Analyst Ratings Changes

MHK has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lowered their price objective on Mohawk Industries from $143.00 to $138.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Barclays decreased their target price on Mohawk Industries from $121.00 to $96.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 8th. Wall Street Zen cut Mohawk Industries from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Robert W. Baird dropped their price target on Mohawk Industries from $118.00 to $112.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. Finally, Weiss Ratings lowered Mohawk Industries from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Mohawk Industries presently has a consensus rating of “Hold” and a consensus price target of $123.33.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Bayforest Capital Ltd purchased a new stake in Mohawk Industries during the fourth quarter valued at about $27,000. Global Retirement Partners LLC boosted its holdings in shares of Mohawk Industries by 950.0% in the 4th 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. Transamerica Financial Advisors LLC boosted its holdings in shares of Mohawk Industries by 216.1% in the 4th quarter. Transamerica Financial Advisors LLC now owns 275 shares of the company’s stock worth $30,000 after purchasing an additional 188 shares in the last quarter. SJS Investment Consulting Inc. increased its position in shares of Mohawk Industries by 105.7% during the 1st quarter. SJS Investment Consulting Inc. now owns 323 shares of the company’s stock valued at $32,000 after purchasing an additional 166 shares during the last quarter. Finally, Salomon & Ludwin LLC purchased a new position in shares of Mohawk Industries during the 4th quarter valued at about $43,000. Institutional investors own 78.98% of the company’s stock.

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.