Suzanne Helen Sells 1,887 Shares of Mohawk Industries (NYSE:MHK) Stock

Mohawk Industries, Inc. (NYSE:MHK) insider Suzanne Helen sold 1,887 shares of the firm’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $106.06, for a total value of $200,135.22. Following the completion of the transaction, the insider directly owned 48,049 shares in the company, valued at $5,096,076.94. This trade represents a 3.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Mohawk Industries Stock Down 2.4%

NYSE MHK opened at $102.73 on Friday. The stock’s 50-day moving average price is $102.46 and its 200-day moving average price is $110.82. The company has a quick ratio of 1.23, a current ratio of 2.16 and a debt-to-equity ratio of 0.21. Mohawk Industries, Inc. has a 52 week low of $92.99 and a 52 week high of $143.13. The company has a market capitalization of $6.26 billion, a P/E ratio of 15.40, a price-to-earnings-growth ratio of 2.55 and a beta of 1.20.

Mohawk Industries (NYSE:MHK) last posted its quarterly earnings data on Thursday, April 30th. The company reported $1.90 EPS for the quarter, topping the consensus estimate of $1.80 by $0.10. Mohawk Industries had a return on equity of 6.96% and a net margin of 3.77%.The firm had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter last year, the company earned $1.52 earnings per share. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS. On average, equities research analysts predict that Mohawk Industries, Inc. will post 8.67 earnings per share for the current year.

Analyst Upgrades and Downgrades

MHK has been the topic of several recent research reports. Wells Fargo & Company decreased their price objective on Mohawk Industries from $125.00 to $105.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 8th. Zacks Research downgraded Mohawk Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, April 24th. Evercore set a $110.00 price objective on Mohawk Industries in a research note on Monday, May 4th. JPMorgan Chase & Co. decreased their price objective on Mohawk Industries from $143.00 to $138.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Finally, Wall Street Zen raised Mohawk Industries from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $123.33.

Institutional Trading of Mohawk Industries

Several institutional investors and hedge funds have recently added to or reduced their stakes in MHK. Bayforest Capital Ltd bought a new stake in Mohawk Industries during the 4th quarter valued at approximately $27,000. Global Retirement Partners LLC raised 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 valued at $28,000 after purchasing an additional 228 shares during the period. Transamerica Financial Advisors LLC raised its stake in Mohawk Industries by 216.1% during the 4th quarter. Transamerica Financial Advisors LLC now owns 275 shares of the company’s stock valued at $30,000 after purchasing an additional 188 shares during the period. SJS Investment Consulting Inc. raised its stake in Mohawk Industries by 105.7% during 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 period. Finally, Salomon & Ludwin LLC bought a new stake in Mohawk Industries during the 4th quarter valued at approximately $43,000. Institutional investors own 78.98% of the company’s stock.

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.