Mohawk Industries, Inc. (NYSE:MHK) Receives Average Recommendation of “Hold” from Analysts

Mohawk Industries, Inc. (NYSE:MHK) has earned a consensus recommendation of “Hold” from the fourteen analysts that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $137.6364.

Several research analysts recently weighed in on MHK shares. Barclays set a $121.00 target price on Mohawk Industries in a research note on Monday, December 8th. Jefferies Financial Group lowered their price target on Mohawk Industries from $134.00 to $128.00 and set a “hold” rating for the company in a report on Monday, December 15th. Wells Fargo & Company boosted their price target on Mohawk Industries from $110.00 to $125.00 and gave the stock a “cautious” rating in a research note on Wednesday, February 11th. UBS Group restated a “neutral” rating and set a $140.00 price objective on shares of Mohawk Industries in a report on Monday, February 16th. Finally, Truist Financial increased their price objective on shares of Mohawk Industries from $148.00 to $155.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th.

Insider Transactions at Mohawk Industries

In other news, insider Suzanne L. Helen sold 5,658 shares of Mohawk Industries stock in a transaction on Monday, March 9th. The shares were sold at an average price of $105.19, for a total transaction of $595,165.02. Following the completion of the sale, the insider directly owned 61,935 shares in the company, valued at approximately $6,514,942.65. The trade was a 8.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In the last quarter, insiders have sold 12,000 shares of company stock worth $1,246,336. Corporate insiders own 17.40% of the company’s stock.

Hedge Funds Weigh In On Mohawk Industries

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Root Financial Partners LLC acquired a new position in shares of Mohawk Industries in the third quarter valued at about $25,000. Bayforest Capital Ltd acquired a new stake in shares of Mohawk Industries during the fourth quarter worth about $27,000. MTM Investment Management LLC acquired a new stake in shares of Mohawk Industries during the second quarter worth about $28,000. Global Retirement Partners LLC boosted its position in Mohawk Industries by 950.0% in the fourth quarter. Global Retirement Partners LLC now owns 252 shares of the company’s stock valued at $28,000 after buying an additional 228 shares during the last quarter. Finally, Transamerica Financial Advisors LLC boosted its position in Mohawk Industries by 216.1% in the fourth quarter. Transamerica Financial Advisors LLC now owns 275 shares of the company’s stock valued at $30,000 after buying an additional 188 shares during the last quarter. Hedge funds and other institutional investors own 78.98% of the company’s stock.

Mohawk Industries Trading Up 5.9%

NYSE:MHK opened at $101.86 on Tuesday. Mohawk Industries has a 52 week low of $95.16 and a 52 week high of $143.13. The firm has a 50 day moving average of $119.58 and a 200 day moving average of $118.60. The company has a quick ratio of 1.21, a current ratio of 2.19 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $6.26 billion, a price-to-earnings ratio of 17.21, a PEG ratio of 1.53 and a beta of 1.19.

Mohawk Industries (NYSE:MHK) last released its quarterly earnings results on Thursday, February 12th. The company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.98 by $0.02. The business had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.68 billion. Mohawk Industries had a net margin of 3.43% and a return on equity of 6.80%. The business’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.95 earnings per share. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS. As a group, sell-side analysts anticipate that Mohawk Industries will post 9.8 earnings per share for the current fiscal year.

Mohawk Industries Company 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.