Mohawk Industries (NYSE:MHK) CEO Jeffrey Lorberbaum Sells 500 Shares of Stock

Posted by Brenda Bartman on Jun 17th, 2026

Mohawk Industries, Inc. (NYSE:MHK – Get Free Report) CEO Jeffrey Lorberbaum sold 500 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $110.00, for a total transaction of $55,000.00. Following the completion of the sale, the chief executive officer directly owned 24,500 shares of the company’s stock, valued at $2,695,000. This represents a 2.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Mohawk Industries Stock Performance

Mohawk Industries stock opened at $111.38 on Wednesday. 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 company has a market capitalization of $6.79 billion, a PE ratio of 16.70, a P/E/G ratio of 2.76 and a beta of 1.20. The firm has a fifty day simple moving average of $103.86 and a two-hundred day simple moving average of $110.79. Mohawk Industries, Inc. has a twelve month low of $92.99 and a twelve month high of $143.13.

Mohawk Industries (NYSE:MHK – Get Free Report) last posted 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 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 firm’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.52 earnings per share. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS. Research analysts expect that Mohawk Industries, Inc. will post 8.67 EPS for the current year.

Hedge Funds Weigh In On Mohawk Industries

Several hedge funds and other institutional investors have recently modified their holdings of MHK. Bayforest Capital Ltd bought a new position in shares of Mohawk Industries during the fourth quarter valued at about $27,000. Global Retirement Partners LLC raised its stake in shares of Mohawk Industries by 950.0% during the fourth quarter. Global Retirement Partners LLC now owns 252 shares of the company’s stock valued at $28,000 after acquiring an additional 228 shares during the last quarter. Transamerica Financial Advisors LLC raised its stake in Mohawk Industries by 216.1% in the fourth quarter. Transamerica Financial Advisors LLC now owns 275 shares of the company’s stock worth $30,000 after buying an additional 188 shares in the last quarter. SJS Investment Consulting Inc. raised its stake in Mohawk Industries by 105.7% in the first quarter. SJS Investment Consulting Inc. now owns 323 shares of the company’s stock worth $32,000 after buying an additional 166 shares in the last quarter. Finally, Salomon & Ludwin LLC bought a new position in Mohawk Industries in the fourth quarter worth about $43,000. 78.98% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Evercore set a $110.00 price target on shares of Mohawk Industries in a research note on Monday, May 4th. Zacks Research downgraded shares of Mohawk Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, April 24th. Bank of America reaffirmed a “neutral” rating and set a $122.00 price objective (down from $149.00) on shares of Mohawk Industries in a research note on Monday, April 20th. Barclays lowered their price objective on shares of Mohawk Industries from $121.00 to $96.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 8th. Finally, Royal Bank Of Canada upped their price objective on shares of Mohawk Industries from $122.00 to $135.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Mohawk Industries has an average rating of “Hold” and an average price target of $123.33.

Check Out Our Latest Research Report on MHK

About Mohawk Industries

(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.