Kentucky Retirement Systems Purchases Shares of 5,037 Mohawk Industries, Inc. $MHK

Kentucky Retirement Systems purchased a new position in shares of Mohawk Industries, Inc. (NYSE:MHK) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,037 shares of the company’s stock, valued at approximately $496,000.

Other large investors also recently modified their holdings of the company. UBS Group AG increased its position in Mohawk Industries by 6.1% during the 4th quarter. UBS Group AG now owns 227,068 shares of the company’s stock worth $24,819,000 after purchasing an additional 13,090 shares in the last quarter. State of Alaska Department of Revenue raised its holdings in Mohawk Industries by 93.3% in the fourth quarter. State of Alaska Department of Revenue now owns 42,941 shares of the company’s stock valued at $4,693,000 after buying an additional 20,728 shares during the period. Tejara Capital Ltd acquired a new position in Mohawk Industries during the fourth quarter valued at approximately $2,514,000. Olstein Capital Management L.P. lifted its position in Mohawk Industries by 23.9% during the fourth quarter. Olstein Capital Management L.P. now owns 68,750 shares of the company’s stock valued at $7,514,000 after buying an additional 13,250 shares in the last quarter. Finally, BNP Paribas Financial Markets grew its stake in Mohawk Industries by 11.5% during the fourth quarter. BNP Paribas Financial Markets now owns 132,723 shares of the company’s stock worth $14,507,000 after buying an additional 13,663 shares during the period. 78.98% of the stock is currently owned by hedge funds and other institutional investors.

Mohawk Industries Stock Up 2.9%

NYSE MHK opened at $122.98 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. Mohawk Industries, Inc. has a fifty-two week low of $92.99 and a fifty-two week high of $143.13. The business has a 50 day moving average price of $111.26 and a two-hundred day moving average price of $111.44. The stock has a market cap of $7.50 billion, a PE ratio of 16.29, a P/E/G ratio of 2.96 and a beta of 1.18.

Mohawk Industries (NYSE:MHK) last posted its quarterly earnings data on Thursday, July 30th. The company reported $3.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.58 by $1.09. Mohawk Industries had a net margin of 4.15% and a return on equity of 7.54%. The company had revenue of $2.99 billion for the quarter, compared to analyst estimates of $2.79 billion. During the same quarter last year, the firm posted $2.77 earnings per share. The business’s quarterly revenue was up 6.8% on a year-over-year basis. Mohawk Industries has set its Q3 2026 guidance at 2.380-2.480 EPS. As a group, sell-side analysts predict that Mohawk Industries, Inc. will post 8.67 EPS for the current fiscal year.

Insiders Place Their Bets

In other Mohawk Industries news, CEO Jeffrey S. Lorberbaum sold 4,500 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $112.08, for a total value of $504,360.00. Following the transaction, the chief executive officer owned 20,000 shares in the company, valued at $2,241,600. The trade was a 18.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Suzanne L. Helen sold 16,600 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $112.97, for a total transaction of $1,875,302.00. Following the completion of the transaction, the insider directly owned 14,132 shares of the company’s stock, valued at approximately $1,596,492.04. The trade was a 54.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 40,186 shares of company stock valued at $4,460,321. Company insiders own 17.90% of the company’s stock.

Key Headlines Impacting Mohawk Industries

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

• Positive Sentiment: Q2 earnings and revenue beat expectations. Adjusted EPS was $3.67 versus the $2.58 consensus estimate, while revenue rose 6.8% year over year to approximately $2.99 billion, ahead of the $2.79 billion forecast. Adjusted net earnings reached $223 million, compared with $173 million in the prior-year quarter. Mohawk Industries Reports Q2 2026 Results
• Positive Sentiment: Operating momentum improved. Management attributed the strong quarter to volume growth, new product placements, customer restocking before price increases, favorable product mix, productivity gains and market-share gains in several regions. The results significantly exceeded the company’s own expectations. Why Mohawk Industries Stock Is Up Today
• Positive Sentiment: Institutional interest was broadly supportive. Recent filings showed 258 institutional investors increased positions, versus 199 that reduced holdings; notable buyers included AQR Capital Management and Brandes Investment Partners.
• Neutral Sentiment: Q3 guidance was close to consensus. Mohawk forecast adjusted EPS of $2.38–$2.48, compared with analysts’ $2.40 estimate, suggesting expectations were largely met rather than materially raised.
• Neutral Sentiment: Part of the earnings upside may be temporary. Tariff refunds contributed approximately $0.63 per share to second-quarter results, so investors may focus on underlying demand and profitability in subsequent quarters.
• Negative Sentiment: Insider selling and cycle concerns remain risks. Insiders reported 36 open-market sales and no purchases over the past six months. Analysts have also highlighted that Mohawk remains exposed to a housing and renovation downcycle. Recent price targets have a $117 median, below the stock’s reported $122.98 trading level. Mohawk Industries: Value Hiding In A Downcycle

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on MHK shares. Wells Fargo & Company dropped their price objective on shares of Mohawk Industries from $125.00 to $105.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 8th. JPMorgan Chase & Co. reduced their target price on shares of Mohawk Industries from $143.00 to $138.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Robert W. Baird decreased their price target on shares of Mohawk Industries from $118.00 to $112.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. Zacks Research upgraded Mohawk Industries from a “strong sell” rating to a “hold” rating in a report on Friday, June 19th. Finally, Deutsche Bank Aktiengesellschaft set a $109.00 price objective on Mohawk Industries in a research report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $124.42.

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.