5,037 Shares in Mohawk Industries, Inc. $MHK Acquired by Kentucky Retirement Systems

Kentucky Retirement Systems bought a new stake in Mohawk Industries, Inc. (NYSE:MHK) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,037 shares of the company’s stock, valued at approximately $496,000.

Other large investors have also recently bought and sold shares of the company. Bayforest Capital Ltd acquired a new position in shares of Mohawk Industries in the fourth quarter worth $27,000. Global Retirement Partners LLC boosted its stake in shares of Mohawk Industries by 950.0% during the fourth quarter. Global Retirement Partners LLC now owns 252 shares of the company’s stock valued at $28,000 after acquiring an additional 228 shares during the last quarter. Transamerica Financial Advisors LLC boosted its stake in shares of Mohawk Industries by 216.1% during the fourth quarter. Transamerica Financial Advisors LLC now owns 275 shares of the company’s stock valued at $30,000 after acquiring an additional 188 shares during the last quarter. SJS Investment Consulting Inc. increased its position in Mohawk Industries by 105.7% during the 1st quarter. SJS Investment Consulting Inc. now owns 323 shares of the company’s stock worth $32,000 after purchasing an additional 166 shares in the last quarter. Finally, Salomon & Ludwin LLC purchased a new stake in Mohawk Industries during the 4th quarter worth about $43,000. Institutional investors and hedge funds own 78.98% of the company’s stock.

Insider Activity

In related news, CEO Jeffrey S. Lorberbaum sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $105.53, for a total value of $527,650.00. Following the completion of the sale, the chief executive officer directly owned 25,000 shares in the company, valued at approximately $2,638,250. The trade was a 16.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Suzanne L. Helen sold 16,600 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $112.97, for a total transaction of $1,875,302.00. Following the transaction, the insider directly owned 14,132 shares of the company’s stock, valued at $1,596,492.04. This trade represents a 54.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 40,186 shares of company stock worth $4,460,321. 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: Q2 earnings and revenue beat expectations. Adjusted EPS was $3.67 versus the $2.58 consensus estimate, while revenue rose 6.8% year over year to approximately $2.99 billion, ahead of the $2.79 billion forecast. Adjusted net earnings reached $223 million, compared with $173 million in the prior-year quarter. Mohawk Industries Reports Q2 2026 Results
• Positive Sentiment: Operating momentum improved. Management attributed the strong quarter to volume growth, new product placements, customer restocking before price increases, favorable product mix, productivity gains and market-share gains in several regions. The results significantly exceeded the company’s own expectations. Why Mohawk Industries Stock Is Up Today
• Positive Sentiment: Institutional interest was broadly supportive. Recent filings showed 258 institutional investors increased positions, versus 199 that reduced holdings; notable buyers included AQR Capital Management and Brandes Investment Partners.
• Neutral Sentiment: Q3 guidance was close to consensus. Mohawk forecast adjusted EPS of $2.38–$2.48, compared with analysts’ $2.40 estimate, suggesting expectations were largely met rather than materially raised.
• Neutral Sentiment: Part of the earnings upside may be temporary. Tariff refunds contributed approximately $0.63 per share to second-quarter results, so investors may focus on underlying demand and profitability in subsequent quarters.
• Negative Sentiment: Insider selling and cycle concerns remain risks. Insiders reported 36 open-market sales and no purchases over the past six months. Analysts have also highlighted that Mohawk remains exposed to a housing and renovation downcycle. Recent price targets have a $117 median, below the stock’s reported $122.98 trading level. Mohawk Industries: Value Hiding In A Downcycle

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on MHK shares. Evercore set a $110.00 target price on shares of Mohawk Industries in a report on Monday, May 4th. Deutsche Bank Aktiengesellschaft set a $109.00 price target on shares of Mohawk Industries in a research note on Tuesday, May 5th. Wall Street Zen raised shares of Mohawk Industries from a “hold” rating to a “buy” rating in a research report on Sunday, June 21st. JPMorgan Chase & Co. reduced their price objective on shares of 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, Truist Financial reduced their price objective on shares of Mohawk Industries from $155.00 to $135.00 and set a “buy” rating on the stock in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Mohawk Industries presently has an average rating of “Hold” and a consensus price target of $124.42.

Mohawk Industries Stock Performance

Mohawk Industries stock opened at $122.98 on Friday. The stock has a fifty day moving average price of $111.26 and a 200 day moving average price of $111.44. Mohawk Industries, Inc. has a 52 week low of $92.99 and a 52 week high of $143.13. The firm has a market capitalization of $7.50 billion, a P/E ratio of 16.29, a PEG ratio of 2.96 and a beta of 1.18. The company has a current ratio of 2.16, a quick ratio of 1.23 and a debt-to-equity ratio of 0.21.

Mohawk Industries (NYSE:MHK) last issued its quarterly earnings results on Thursday, July 30th. The company reported $3.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.58 by $1.09. The firm had revenue of $2.99 billion for the quarter, compared to analyst estimates of $2.79 billion. Mohawk Industries had a return on equity of 7.54% and a net margin of 4.15%.The firm’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the company earned $2.77 EPS. Mohawk Industries has set its Q3 2026 guidance at 2.380-2.480 EPS. Equities research analysts anticipate that Mohawk Industries, Inc. will post 8.67 earnings per share 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.