Teachers Retirement System of The State of Kentucky Buys 8,700 Shares of Mohawk Industries, Inc. $MHK

Teachers Retirement System of The State of Kentucky raised its stake in Mohawk Industries, Inc. (NYSE:MHK) by 211.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 12,807 shares of the company’s stock after acquiring an additional 8,700 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Mohawk Industries were worth $1,400,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Root Financial Partners LLC bought a new stake in Mohawk Industries in the 3rd quarter valued at $25,000. Bayforest Capital Ltd bought a new stake in Mohawk Industries in the 4th quarter valued at $27,000. Quent Capital LLC bought a new stake in Mohawk Industries in the 3rd quarter valued at $33,000. Salomon & Ludwin LLC bought a new stake in Mohawk Industries in the 4th quarter valued at $43,000. Finally, SJS Investment Consulting Inc. boosted its holdings in Mohawk Industries by 5,385.7% in the 3rd quarter. SJS Investment Consulting Inc. now owns 384 shares of the company’s stock valued at $50,000 after purchasing an additional 377 shares during the period. 78.98% of the stock is owned by institutional investors.

Mohawk Industries Trading Down 1.1%

Shares of Mohawk Industries stock opened at $106.43 on Wednesday. The stock has a market capitalization of $6.51 billion, a P/E ratio of 17.98, a price-to-earnings-growth ratio of 2.16 and a beta of 1.24. 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 company has a 50-day simple moving average of $107.56 and a 200 day simple moving average of $113.56. Mohawk Industries, Inc. has a 12-month low of $94.56 and a 12-month high of $143.13.

Mohawk Industries (NYSE:MHK) last announced its earnings results on Thursday, February 12th. The company reported $2.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.98 by $0.02. The business had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.68 billion. Mohawk Industries had a net margin of 3.43% and a return on equity of 6.80%. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter last year, the company posted $1.95 EPS. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS. Research analysts expect that Mohawk Industries, Inc. will post 9.08 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have weighed in on MHK shares. Barclays reduced their price target on shares of Mohawk Industries from $121.00 to $96.00 and set an “equal weight” rating for the company in a report on Wednesday, April 8th. Robert W. Baird restated a “neutral” rating and issued a $118.00 price objective (down from $156.00) on shares of Mohawk Industries in a research note on Tuesday, April 21st. 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 note on Tuesday, February 17th. Royal Bank Of Canada increased 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. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Mohawk Industries in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $130.18.

Insiders Place Their Bets

In other Mohawk Industries news, insider Suzanne L. Helen sold 3,000 shares of the firm’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $97.80, for a total value of $293,400.00. Following the completion of the sale, the insider owned 53,893 shares in the company, valued at approximately $5,270,735.40. This trade represents a 5.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In the last ninety days, insiders have sold 12,000 shares of company stock valued at $1,246,336. Company insiders own 17.90% of the company’s stock.

Mohawk Industries News Summary

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

• Positive Sentiment: Recent company results and guidance: Mohawk beat the last-quarter EPS consensus (reported $2.00 vs. $1.98) and provided Q1 2026 guidance, supporting that underlying operations remain generally intact. MarketBeat: MHK
• Neutral Sentiment: Magnitude of the cuts is modest — most downward revisions are one- to two-cent adjustments per quarter (e.g., Q2 2026 from $2.65 to $2.63, Q1 2028 from $2.72 to $2.71). The firm’s broader consensus full-year estimates (~$9.20) remain intact, limiting the near-term earnings shock.
• Negative Sentiment: Zacks Research issued multiple across-the-board estimate reductions (Q2?2026, Q4?2026, Q2?Q4?2027, FY2026?FY2028) and maintains a “Strong Sell” rating — a negative signal that can pressure shares by shifting investor sentiment and reducing demand. Zacks research summary

About Mohawk Industries

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.