Mohawk Industries, Inc. (NYSE:MHK – Get Free Report) insider Suzanne Helen sold 957 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $104.83, for a total value of $100,322.31. Following the sale, the insider directly owned 49,936 shares of the company’s stock, valued at approximately $5,234,790.88. This represents a 1.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Mohawk Industries Stock Performance
Shares of NYSE MHK traded down $2.48 during mid-day trading on Friday, hitting $102.73. 652,311 shares of the company were exchanged, compared to its average volume of 920,962. 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 50 day simple moving average of $102.45 and a 200-day simple moving average of $110.87. Mohawk Industries, Inc. has a 1-year low of $92.99 and a 1-year high of $143.13. The firm has a market cap of $6.26 billion, a price-to-earnings ratio of 15.40, a price-to-earnings-growth ratio of 2.60 and a beta of 1.20.
Mohawk Industries (NYSE:MHK – Get Free Report) last issued 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. The firm had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.74 billion. Mohawk Industries had a return on equity of 6.96% and a net margin of 3.77%.The company’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period last year, the company earned $1.52 earnings per share. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS. On average, sell-side analysts forecast that Mohawk Industries, Inc. will post 8.67 EPS for the current fiscal year.
Analyst Ratings Changes
Read Our Latest Stock Analysis on Mohawk Industries
Institutional Trading of Mohawk Industries
A number of hedge funds have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP boosted its stake in Mohawk Industries by 2.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,219,318 shares of the company’s stock worth $316,962,000 after buying an additional 80,761 shares during the last quarter. State Street Corp boosted its stake in Mohawk Industries by 2.1% in the 2nd quarter. State Street Corp now owns 1,915,831 shares of the company’s stock worth $200,856,000 after buying an additional 39,556 shares during the last quarter. AQR Capital Management LLC boosted its stake in Mohawk Industries by 15.9% in the 4th quarter. AQR Capital Management LLC now owns 1,829,347 shares of the company’s stock worth $199,948,000 after buying an additional 251,012 shares during the last quarter. Pzena Investment Management LLC boosted its stake in Mohawk Industries by 0.6% in the 4th quarter. Pzena Investment Management LLC now owns 1,186,400 shares of the company’s stock worth $129,674,000 after buying an additional 7,332 shares during the last quarter. Finally, Brandes Investment Partners LP lifted its stake in shares of Mohawk Industries by 20.4% in the 4th quarter. Brandes Investment Partners LP now owns 1,102,574 shares of the company’s stock valued at $120,513,000 after purchasing an additional 186,649 shares in the last quarter. 78.98% of the stock is owned by institutional investors and hedge funds.
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.
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