Mohawk Industries (NYSE:MHK) CAO David Lee Repp Sells 225 Shares of Stock

Posted by Stanley Muller on Aug 4th, 2026

Mohawk Industries, Inc. (NYSE:MHK – Get Free Report) CAO David Lee Repp sold 225 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $130.59, for a total value of $29,382.75. Following the transaction, the chief accounting officer owned 1,786 shares of the company’s stock, valued at approximately $233,233.74. This represents a 11.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Mohawk Industries Trading Up 2.6%

NYSE:MHK traded up $3.43 during trading hours on Tuesday, hitting $136.42. The company had a trading volume of 1,280,708 shares, compared to its average volume of 905,263. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.92 and a quick ratio of 1.13. The stock has a 50-day moving average price of $111.86 and a 200 day moving average price of $111.47. The company has a market capitalization of $8.31 billion, a PE ratio of 18.07, a price-to-earnings-growth ratio of 3.05 and a beta of 1.18. Mohawk Industries, Inc. has a 52 week low of $92.99 and a 52 week high of $143.13.

Mohawk Industries (NYSE:MHK – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $3.67 EPS for the quarter, topping the consensus estimate of $2.58 by $1.09. The firm had revenue of $2.99 billion during the quarter, compared to analysts’ expectations of $2.79 billion. Mohawk Industries had a net margin of 4.15% and a return on equity of 7.50%. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period last year, the company posted $2.77 EPS. Mohawk Industries has set its Q3 2026 guidance at 2.380-2.480 EPS. On average, equities research analysts predict that Mohawk Industries, Inc. will post 8.67 EPS for the current fiscal year.

Hedge Funds Weigh In On Mohawk Industries

Institutional investors and hedge funds have recently made changes to their positions in the business. UBS Group AG boosted its holdings in shares of Mohawk Industries by 6.1% during the 4th quarter. UBS Group AG now owns 227,068 shares of the company’s stock valued at $24,819,000 after acquiring an additional 13,090 shares during the last quarter. State of Alaska Department of Revenue raised its holdings in shares of Mohawk Industries by 93.3% during the fourth quarter. State of Alaska Department of Revenue now owns 42,941 shares of the company’s stock valued at $4,693,000 after purchasing an additional 20,728 shares during the last quarter. Tejara Capital Ltd bought a new position in Mohawk Industries during the fourth quarter valued at approximately $2,514,000. Olstein Capital Management L.P. lifted its position in Mohawk Industries by 23.9% during the fourth quarter. Olstein Capital Management L.P. now owns 68,750 shares of the company’s stock valued at $7,514,000 after purchasing an additional 13,250 shares during the period. Finally, BNP Paribas Financial Markets boosted its holdings in Mohawk Industries by 11.5% in the fourth quarter. BNP Paribas Financial Markets now owns 132,723 shares of the company’s stock worth $14,507,000 after purchasing an additional 13,663 shares during the last quarter. Institutional investors own 78.98% of the company’s stock.

Mohawk Industries News Roundup

Here are the key news stories impacting Mohawk Industries this week:

Positive Sentiment: Truist raises target and maintains Buy rating: Truist Financial lifted its price target from $135 to $155, implying further upside and signaling confidence in Mohawk’s earnings recovery and operating improvements. Benzinga article
Positive Sentiment: Recent earnings beat supports the rally: Mohawk’s second-quarter EPS of $3.67 exceeded the $2.58 consensus estimate, while revenue rose 6.8% year over year to $2.99 billion. Better pricing, productivity and product execution helped offset weak residential flooring markets. Mohawk’s Q2 Earnings Beat Raises a Key Question on Margin Durability
Positive Sentiment: Profitability and restructuring progress attract investors: Shares have gained 14.5% over the past month as productivity initiatives, pricing actions, restructuring benefits and cash generation improve the recovery outlook. Why MHK Rises 14.5% in the Past Month and Whether the Gains Can Last
Neutral Sentiment: Leadership transition: Paul De Cock has been appointed CEO, while Jeff Lorberbaum becomes chairman. The change could support execution, although investors may initially monitor the transition for strategic or operational disruption. Mohawk Industries Appoints Paul De Cock CEO
Negative Sentiment: Margin durability remains uncertain: Analysts note that wider margins may have benefited from tariff refunds, raising questions about whether pricing and productivity gains can continue after that support fades. Weak housing and residential flooring demand also remain headwinds. Is Mohawk Worth Buying as Earnings Improve but Housing Stays Weak?
Negative Sentiment: Some analysts see limited upside: Wells Fargo raised its target to $125 but kept an Equal Weight rating, while Baird increased its target to $132 and retained a Neutral rating. Both targets remain below the current trading level. Analyst price target updates
Negative Sentiment: Insider sale: Chief Accounting Officer David Lee Repp sold 225 shares for approximately $29,383, reducing his direct holdings by 11.19%. The transaction is modest but may add a slight negative signal. SEC filing

Wall Street Analyst Weigh In

Several analysts have weighed in on MHK shares. JPMorgan Chase & Co. cut their price objective on Mohawk Industries from $143.00 to $138.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Barclays raised their target price on Mohawk Industries from $109.00 to $115.00 and gave the company an “equal weight” rating in a research note on Monday. Wells Fargo & Company lifted their price target on Mohawk Industries from $115.00 to $125.00 and gave the company an “equal weight” rating in a research report on Monday. Evercore set a $110.00 price objective on Mohawk Industries in a report on Monday, May 4th. Finally, Zacks Research raised Mohawk Industries from a “strong sell” rating to a “hold” rating in a research report on Friday, June 19th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $130.50.

Check Out Our Latest 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.