Insider Selling: Mohawk Industries (NYSE:MHK) Insider Sells 3,000 Shares of Stock

Mohawk Industries, Inc. (NYSE:MHK) insider Suzanne Helen sold 3,000 shares of the firm’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $97.80, for a total transaction of $293,400.00. Following the completion of the transaction, the insider directly owned 53,893 shares of the company’s stock, valued at approximately $5,270,735.40. This represents a 5.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Mohawk Industries Stock Performance

Shares of MHK traded down $2.22 during trading hours on Friday, reaching $96.01. 1,882,843 shares of the company traded hands, compared to its average volume of 917,224. The stock has a market capitalization of $5.90 billion, a P/E ratio of 16.22, a P/E/G ratio of 1.62 and a beta of 1.19. The company has a quick ratio of 1.21, a current ratio of 2.19 and a debt-to-equity ratio of 0.21. Mohawk Industries, Inc. has a 12-month low of $95.16 and a 12-month high of $143.13. The business has a fifty day moving average price of $119.92 and a 200-day moving average price of $119.00.

Mohawk Industries (NYSE:MHK) last released its earnings results on Thursday, February 12th. The company reported $2.00 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.68 billion. During the same period in the prior year, the firm earned $1.95 EPS. The firm’s revenue was up 2.4% on a year-over-year basis. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS. Equities analysts anticipate that Mohawk Industries, Inc. will post 9.8 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Root Financial Partners LLC acquired a new stake in shares of Mohawk Industries during the 3rd quarter worth approximately $25,000. Bayforest Capital Ltd acquired a new position in shares of Mohawk Industries in the 4th quarter valued at $27,000. Global Retirement Partners LLC boosted its holdings in Mohawk Industries by 950.0% during the fourth quarter. Global Retirement Partners LLC now owns 252 shares of the company’s stock worth $28,000 after buying an additional 228 shares in the last quarter. Quent Capital LLC acquired a new stake in Mohawk Industries during the third quarter valued at $33,000. Finally, Transamerica Financial Advisors LLC grew its position in Mohawk Industries by 216.1% during 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 period. 78.98% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on MHK. Royal Bank Of Canada upped their target price on Mohawk Industries from $122.00 to $135.00 and gave the company a “sector perform” rating in a research report on Tuesday, February 17th. Truist Financial raised their price target on shares of Mohawk Industries from $148.00 to $155.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. UBS Group reaffirmed a “neutral” rating and issued a $140.00 price objective on shares of Mohawk Industries in a report on Monday, February 16th. Robert W. Baird set a $156.00 price objective on shares of Mohawk Industries in a research note on Tuesday, February 17th. Finally, Jefferies Financial Group reduced their target price on shares of Mohawk Industries from $134.00 to $128.00 and set a “hold” rating for the company in a report on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average 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.