Landscape Capital Management L.L.C. acquired a new stake in Mohawk Industries, Inc. (NYSE:MHK – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 17,214 shares of the company’s stock, valued at approximately $2,089,000.
Several other large investors have also recently added to or reduced their stakes in the business. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Mohawk Industries in the 2nd quarter valued at approximately $25,000. Basecamp Wealth Advisors LLC increased its position in shares of Mohawk Industries by 2,281.8% during the first quarter. Basecamp Wealth Advisors LLC now owns 262 shares of the company’s stock worth $26,000 after acquiring an additional 251 shares during the period. Bayforest Capital Ltd purchased a new stake in shares of Mohawk Industries during the fourth quarter worth $27,000. Elevation Wealth Partners LLC raised its stake in shares of Mohawk Industries by 122.2% in the second quarter. Elevation Wealth Partners LLC now owns 220 shares of the company’s stock valued at $27,000 after acquiring an additional 121 shares in the last quarter. Finally, Global Retirement Partners LLC grew its stake 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 purchasing an additional 228 shares in the last quarter. 78.98% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting Mohawk Industries
Here are the key news stories impacting Mohawk Industries this week:
- Positive Sentiment: Zacks raised its EPS forecast for Q3 2026 to $2.53 from $2.47, Q2 2027 to $2.99 from $2.77, Q3 2027 to $2.79 from $2.78, and FY2027 to $9.85 from $9.70. These upward revisions suggest some improvement in analysts’ expectations for Mohawk’s medium-term earnings.
- Positive Sentiment: A Zacks analysis characterized Why Mohawk Industries Is a Top Value Stock for the Long-Term Mohawk as a potential long-term value stock, which may support investor interest following the company’s strong recent earnings performance.
- Neutral Sentiment: The estimate changes were mixed overall. Zacks lifted Q2 2028 EPS to $3.34 from $3.20, but maintained a “Hold” rating, indicating that the research firm sees limited near-term conviction despite some earnings upgrades.
- Negative Sentiment: Zacks reduced its forecasts for Q4 2026 EPS to $1.71 from $1.83, Q1 2027 to $1.85 from $1.91, Q1 2028 to $2.31 from $2.46, and FY2028 to $11.66 from $11.84. These cuts temper the longer-term outlook and could limit upside.
Insider Transactions at Mohawk Industries
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on MHK shares. Evercore set a $110.00 price target on Mohawk Industries in a report on Monday, May 4th. Weiss Ratings raised Mohawk Industries from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, August 6th. Robert W. Baird upped their target price on shares of Mohawk Industries from $112.00 to $132.00 and gave the stock a “neutral” rating in a research note on Monday, August 3rd. Wells Fargo & Company raised their target price on shares of Mohawk Industries from $115.00 to $125.00 and gave the company an “equal weight” rating in a report on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $121.00 price target on shares of Mohawk Industries in a report on Tuesday, August 4th. One 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 stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $130.50.
View Our Latest Report on Mohawk Industries
Mohawk Industries Price Performance
Shares of MHK opened at $136.47 on Friday. Mohawk Industries, Inc. has a 1-year low of $92.99 and a 1-year high of $143.13. The stock has a market cap of $9.24 billion, a PE ratio of 18.08, a price-to-earnings-growth ratio of 2.01 and a beta of 1.18. 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 firm has a fifty day moving average price of $120.35 and a 200 day moving average price of $112.96.
Mohawk Industries (NYSE:MHK – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $3.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.58 by $1.09. Mohawk Industries had a return on equity of 7.50% and a net margin of 4.15%.The company had revenue of $2.99 billion for the quarter, compared to analyst estimates of $2.79 billion. During the same quarter last year, the company posted $2.77 earnings per share. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. Mohawk Industries has set its Q3 2026 guidance at 2.380-2.480 EPS. As a group, sell-side analysts anticipate that Mohawk Industries, Inc. will post 9.9 EPS for the current year.
Mohawk Industries Profile
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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