Mohawk Industries (NYSE:MHK) CEO Jeffrey Lorberbaum Sells 11,475 Shares of Stock

Posted by Stanley Muller on Sep 18th, 2026

Mohawk Industries, Inc. (NYSE:MHK – Get Free Report) CEO Jeffrey Lorberbaum sold 11,475 shares of Mohawk Industries stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $128.97, for a total value of $1,479,930.75. Following the sale, the chief executive officer owned 68,825 shares of the company’s stock, valued at approximately $8,876,360.25. This trade represents a 14.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Mohawk Industries Stock Up 0.7%

Shares of MHK opened at $128.56 on Friday. The firm has a fifty day moving average price of $126.07 and a 200-day moving average price of $112.94. The company has a current ratio of 1.92, a quick ratio of 1.13 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $8.71 billion, a P/E ratio of 17.03, a P/E/G ratio of 1.84 and a beta of 1.18. Mohawk Industries, Inc. has a 12-month low of $92.99 and a 12-month high of $140.30.

Mohawk Industries (NYSE:MHK – Get Free Report) last posted its quarterly 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 company had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $2.79 billion. Mohawk Industries had a net margin of 4.15% and a return on equity of 7.50%. The firm’s revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the firm posted $2.77 EPS. Mohawk Industries has set its Q3 2026 guidance at 2.380-2.480 EPS. Equities research analysts expect that Mohawk Industries, Inc. will post 9.9 earnings per share for the current year.

Hedge Funds Weigh In On Mohawk Industries

Several institutional investors and hedge funds have recently added to or reduced their stakes in MHK. Sequoia Financial Advisors LLC raised its holdings in Mohawk Industries by 1.8% in the first quarter. Sequoia Financial Advisors LLC now owns 5,685 shares of the company’s stock valued at $560,000 after acquiring an additional 101 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in Mohawk Industries by 7.2% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,569 shares of the company’s stock worth $171,000 after acquiring an additional 105 shares during the last quarter. Elevation Wealth Partners LLC grew its holdings in Mohawk Industries by 122.2% during the 2nd quarter. Elevation Wealth Partners LLC now owns 220 shares of the company’s stock worth $27,000 after acquiring an additional 121 shares in the last quarter. Allworth Financial LP increased its position in shares of Mohawk Industries by 10.9% in the 4th quarter. Allworth Financial LP now owns 1,484 shares of the company’s stock valued at $162,000 after purchasing an additional 146 shares during the last quarter. Finally, SJS Investment Consulting Inc. increased its position in shares of Mohawk Industries by 105.7% in the 1st quarter. SJS Investment Consulting Inc. now owns 323 shares of the company’s stock valued at $32,000 after purchasing an additional 166 shares during the last quarter. Hedge funds and other institutional investors own 78.98% of the company’s stock.

Wall Street Analyst Weigh In

MHK has been the subject of a number of research reports. Wells Fargo & Company boosted their price target on Mohawk Industries from $115.00 to $125.00 and gave the company an “equal weight” rating in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $121.00 target price on shares of Mohawk Industries in a research report on Tuesday, August 4th. Royal Bank Of Canada increased their price target on Mohawk Industries from $117.00 to $130.00 and gave the stock a “sector perform” rating in a research report on Monday, August 3rd. Wall Street Zen upgraded Mohawk Industries from a “hold” rating to a “buy” rating in a report on Sunday, June 21st. Finally, Barclays upped their price objective on shares of Mohawk Industries from $109.00 to $115.00 and gave the stock an “equal weight” rating in a research note on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat, Mohawk Industries has a consensus rating of “Hold” and an average target price of $130.50.

View Our Latest Stock Analysis on MHK

Mohawk Industries Company Profile

(Get Free Report)

Mohawk Industries, Inc is a global manufacturer and distributor of flooring products. The company serves residential and commercial customers through a broad portfolio that includes carpet, rugs, ceramic and porcelain tile, laminate, hardwood, luxury vinyl tile and other resilient flooring products.

Mohawk markets its products under brands that include Mohawk, Karastan, Pergo, Quick-Step, Marazzi, Daltile, American Olean, IVC and Durkan. Its products are sold through home improvement retailers, independent flooring dealers, distributors, builders, commercial contractors and other channels.

The company was formed in 1988 through the merger of Mohasco Corporation and Aladdin Mills and is headquartered in Calhoun, Georgia.