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

Mohawk Industries, Inc. (NYSE:MHKGet Free Report) insider Suzanne Helen sold 1,852 shares of the company’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 completion of the sale, the insider directly owned 39,622 shares of the company’s stock, valued at $4,279,968.44. The trade was a 4.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Mohawk Industries Price Performance

MHK stock traded down $0.05 during trading on Tuesday, hitting $111.38. The company had a trading volume of 672,363 shares, compared to its average volume of 908,466. The firm has a market capitalization of $6.79 billion, a price-to-earnings ratio of 16.70, a P/E/G ratio of 2.67 and a beta of 1.20. The business has a 50 day moving average of $103.57 and a 200 day moving average of $110.82. Mohawk Industries, Inc. has a fifty-two week low of $92.99 and a fifty-two week high of $143.13. The company has a current ratio of 2.16, a quick ratio of 1.23 and a debt-to-equity ratio of 0.21.

Mohawk Industries (NYSE:MHKGet Free Report) last posted its quarterly earnings data 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 business had revenue of $2.73 billion during the quarter, compared to the consensus estimate of $2.74 billion. Mohawk Industries had a net margin of 3.77% and a return on equity of 6.96%. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.52 earnings per share. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS. As a group, research analysts predict that Mohawk Industries, Inc. will post 8.67 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on MHK shares. Wells Fargo & Company reduced 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 report on Wednesday, April 8th. Royal Bank Of Canada upped their price objective on shares of Mohawk Industries from $122.00 to $135.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 17th. Weiss Ratings downgraded shares of Mohawk Industries from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, May 21st. Truist Financial cut their price target on shares of Mohawk Industries from $155.00 to $135.00 and set a “buy” rating for the company in a report on Tuesday, May 5th. Finally, Barclays cut their price target on shares of Mohawk Industries from $121.00 to $96.00 and set an “equal weight” rating for the company in a report on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $123.33.

Read Our Latest Report on Mohawk Industries

Institutional Trading of Mohawk Industries

Institutional investors and hedge funds have recently bought and sold shares of the stock. Bayforest Capital Ltd acquired a new stake in Mohawk Industries during the 4th quarter worth about $27,000. Global Retirement Partners LLC raised its holdings in Mohawk Industries by 950.0% during the 4th quarter. Global Retirement Partners LLC now owns 252 shares of the company’s stock worth $28,000 after buying an additional 228 shares during the period. Transamerica Financial Advisors LLC raised its holdings in Mohawk Industries by 216.1% during the 4th quarter. Transamerica Financial Advisors LLC now owns 275 shares of the company’s stock worth $30,000 after buying an additional 188 shares during the period. SJS Investment Consulting Inc. raised its holdings in Mohawk Industries by 105.7% during the 1st quarter. SJS Investment Consulting Inc. now owns 323 shares of the company’s stock worth $32,000 after buying an additional 166 shares during the period. Finally, Salomon & Ludwin LLC acquired a new stake in Mohawk Industries during the 4th quarter worth about $43,000. Institutional investors and hedge funds own 78.98% of the company’s stock.

Mohawk Industries Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Mohawk Industries (NYSE:MHK)

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