WINTON GROUP Ltd Purchases Shares of 49,731 Mohawk Industries, Inc. $MHK

WINTON GROUP Ltd acquired a new position in Mohawk Industries, Inc. (NYSE:MHK) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 49,731 shares of the company’s stock, valued at approximately $6,411,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MHK. AEGON ASSET MANAGEMENT UK Plc bought a new stake in shares of Mohawk Industries during the third quarter valued at approximately $20,054,000. Atlas FRM LLC boosted its position in shares of Mohawk Industries by 28.0% during the second quarter. Atlas FRM LLC now owns 608,000 shares of the company’s stock worth $63,743,000 after acquiring an additional 133,000 shares during the last quarter. ARGA Investment Management LP grew its stake in Mohawk Industries by 1,508.1% during 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 increased its holdings in Mohawk Industries by 0.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,829,830 shares of the company’s stock valued at $235,902,000 after acquiring an additional 9,516 shares during the last quarter. Finally, Rakuten Investment Management Inc. bought a new position in shares of Mohawk Industries during the 3rd quarter valued at about $38,161,000. Institutional investors own 78.98% of the company’s stock.

Insider Activity

In other Mohawk Industries news, insider Suzanne L. Helen sold 3,500 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $110.36, for a total transaction of $386,260.00. Following the completion of the transaction, the insider owned 70,593 shares in the company, valued at $7,790,643.48. The trade was a 4.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders sold a total of 10,650 shares of company stock worth $1,178,383 in the last ninety days. 17.40% of the stock is owned by insiders.

Mohawk Industries Trading Up 0.5%

MHK stock opened at $107.91 on Tuesday. Mohawk Industries, Inc. has a twelve month low of $96.24 and a twelve month high of $143.13. The stock has a market capitalization of $6.63 billion, a price-to-earnings ratio of 18.23, a price-to-earnings-growth ratio of 1.71 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. The firm’s fifty day simple moving average is $121.45 and its two-hundred day simple moving average is $120.70.

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, topping the consensus estimate of $1.98 by $0.02. The firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.68 billion. Mohawk Industries had a net margin of 3.43% and a return on equity of 6.80%. The business’s revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the business earned $1.95 EPS. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS. As a group, analysts anticipate that Mohawk Industries, Inc. will post 9.8 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on MHK. Truist Financial lifted their target price on Mohawk Industries from $148.00 to $155.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th. Barclays set a $121.00 price objective on Mohawk Industries in a report on Monday, December 8th. Wall Street Zen lowered shares of Mohawk Industries from a “buy” rating to a “hold” rating in a report on Saturday, December 20th. UBS Group reiterated a “neutral” rating and set a $140.00 price objective on shares of Mohawk Industries in a research report on Monday, February 16th. Finally, Robert W. Baird set a $156.00 target price on shares of Mohawk Industries in a report on Tuesday, February 17th. 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 company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $137.64.

Mohawk Industries 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.