IFP Advisors Inc Has $62,000 Holdings in Mohawk Industries, Inc. $MHK

Posted by Brian Himes on Jun 3rd, 2026

IFP Advisors Inc lessened its stake in Mohawk Industries, Inc. (NYSE:MHK – Free Report) by 93.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 563 shares of the company’s stock after selling 8,353 shares during the quarter. IFP Advisors Inc’s holdings in Mohawk Industries were worth $62,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP grew its position in shares of Mohawk Industries by 1.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,085,012 shares of the company’s stock worth $397,714,000 after buying an additional 37,487 shares during the period. State Street Corp grew its position in shares of Mohawk Industries by 2.1% during 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 period. AQR Capital Management LLC grew its position in shares of Mohawk Industries by 73.9% during the 3rd quarter. AQR Capital Management LLC now owns 1,578,335 shares of the company’s stock worth $200,922,000 after buying an additional 670,601 shares during the period. Pzena Investment Management LLC grew its position in shares of Mohawk Industries by 0.3% during the 3rd quarter. Pzena Investment Management LLC now owns 1,179,068 shares of the company’s stock worth $152,005,000 after buying an additional 3,293 shares during the period. Finally, Steadfast Capital Management LP grew its position in shares of Mohawk Industries by 96.3% during the 3rd quarter. Steadfast Capital Management LP now owns 937,301 shares of the company’s stock worth $120,837,000 after buying an additional 459,700 shares during the period. Institutional investors and hedge funds own 78.98% of the company’s stock.

Insider Activity at Mohawk Industries

In other news, insider Suzanne L. Helen sold 5,658 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $105.19, for a total value of $595,165.02. Following the completion of the transaction, the insider owned 61,935 shares in the company, valued at $6,514,942.65. This represents a 8.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Jeffrey S. Lorberbaum sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $105.53, for a total transaction of $527,650.00. Following the completion of the transaction, the chief executive officer owned 25,000 shares of the company’s stock, valued at $2,638,250. This trade represents a 16.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 16,700 shares of company stock valued at $1,736,819 in the last quarter. Corporate insiders own 17.90% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Robert W. Baird lowered 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. Evercore set a $110.00 price target on shares of Mohawk Industries in a research report on Monday, May 4th. Wall Street Zen upgraded shares of Mohawk Industries from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Truist Financial decreased their price objective 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, JPMorgan Chase & Co. lowered their target price on shares of Mohawk Industries from $143.00 to $138.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Mohawk Industries has an average rating of “Hold” and a consensus target price of $123.33.

View Our Latest Analysis on Mohawk Industries

Mohawk Industries Stock Down 1.6%

Shares of NYSE:MHK opened at $105.71 on Tuesday. Mohawk Industries, Inc. has a 52 week low of $92.99 and a 52 week high of $143.13. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.23 and a current ratio of 2.16. The company has a market capitalization of $6.44 billion, a PE ratio of 15.85, a PEG ratio of 2.66 and a beta of 1.20. The company has a 50 day moving average price of $102.13 and a two-hundred day moving average price of $110.94.

Mohawk Industries (NYSE:MHK – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported $1.90 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.10. The company had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.74 billion. Mohawk Industries had a net margin of 3.77% and a return on equity of 6.96%. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.52 earnings per share. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS. Analysts forecast that Mohawk Industries, Inc. will post 8.67 earnings per share for the current year.

Mohawk Industries Profile

(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.