ARGA Investment Management LP Cuts Stock Holdings in Mohawk Industries, Inc. $MHK

Key Points

• ARGA Investment Management cut its stake in Mohawk Industries by 46.9% in Q4, selling 228,977 shares and retaining 259,764 shares worth about $28.39M (roughly 0.8% of ARGA’s portfolio).
• Other large investors have been adding positions—AQR raised its holding by 73.9% to 1.58M shares and Steadfast by 96.3% to 937,301 shares—leaving institutional/hedge fund ownership at about 78.98%.
• Mohawk beat Q4 estimates with $2.00 EPS on $2.70B revenue, set Q1 2026 guidance at 1.75–1.85 EPS, and carries a MarketBeat consensus rating of Hold with a $130.18 target.

ARGA Investment Management LP reduced its position in shares of Mohawk Industries, Inc. (NYSE:MHK - Free Report) by 46.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 259,764 shares of the company's stock after selling 228,977 shares during the period. Mohawk Industries makes up approximately 0.8% of ARGA Investment Management LP's portfolio, making the stock its 27th largest position. ARGA Investment Management LP owned about 0.42% of Mohawk Industries worth $28,392,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in MHK. AQR Capital Management LLC raised its holdings in Mohawk Industries by 73.9% during the third quarter. AQR Capital Management LLC now owns 1,578,335 shares of the company's stock worth $200,922,000 after purchasing an additional 670,601 shares in the last quarter. Steadfast Capital Management LP raised its holdings in Mohawk Industries by 96.3% during the third quarter. Steadfast Capital Management LP now owns 937,301 shares of the company's stock worth $120,837,000 after purchasing an additional 459,700 shares in the last quarter. Candlestick Capital Management LP purchased a new position in Mohawk Industries in the third quarter worth $53,320,000. Rakuten Investment Management Inc. purchased a new position in Mohawk Industries in the third quarter worth $38,161,000. Finally, Freestone Grove Partners LP purchased a new position in Mohawk Industries in the third quarter worth $36,076,000. 78.98% of the stock is owned by hedge funds and other institutional investors.

Mohawk Industries Trading Up 0.0%

Shares of Mohawk Industries stock opened at $107.77 on Tuesday. Mohawk Industries, Inc. has a 12-month low of $94.56 and a 12-month high of $143.13. The stock has a market cap of $6.60 billion, a PE ratio of 18.20, a price-to-earnings-growth ratio of 2.14 and a beta of 1.24. The company has a 50-day moving average of $108.06 and a two-hundred day moving average of $113.63. The company has a current ratio of 2.19, a quick ratio of 1.21 and a debt-to-equity ratio of 0.21.

Mohawk Industries (NYSE:MHK - Get Free Report) last announced its quarterly earnings results on Thursday, February 12th. The company reported $2.00 earnings per share for the quarter, beating analysts' consensus estimates of $1.98 by $0.02. Mohawk Industries had a return on equity of 6.80% and a net margin of 3.43%.The business had revenue of $2.70 billion during the quarter, compared to analysts' expectations of $2.68 billion. During the same quarter last year, the business posted $1.95 earnings per share. The business's revenue for the quarter was up 2.4% on a year-over-year basis. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS. On average, research analysts anticipate that Mohawk Industries, Inc. will post 9.2 EPS for the current fiscal year.

Insider Buying and Selling at Mohawk Industries

In other news, insider Suzanne L. Helen sold 5,658 shares of the firm's stock in a transaction on Monday, March 9th. The stock was sold at an average price of $105.19, for a total value of $595,165.02. Following the completion of the transaction, the insider owned 61,935 shares in the company, valued at $6,514,942.65. This trade represents a 8.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold a total of 12,000 shares of company stock valued at $1,246,336 in the last three months. Company insiders own 17.90% of the company's stock.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Truist Financial increased their price objective on Mohawk Industries from $148.00 to $155.00 and gave the stock a "buy" rating in a research report on Tuesday, February 17th. Royal Bank Of Canada increased their price objective on Mohawk Industries from $122.00 to $135.00 and gave the stock a "sector perform" rating in a research report on Tuesday, February 17th. Weiss Ratings reiterated a "hold (c-)" rating on shares of Mohawk Industries in a research report on Wednesday, January 28th. Bank of America reiterated a "neutral" rating and issued a $122.00 price objective (down from $149.00) on shares of Mohawk Industries in a research report on Monday, April 20th. Finally, Wall Street Zen cut shares of Mohawk Industries from a "buy" rating to a "hold" rating in a report on Saturday, April 11th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and ten have issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $130.18.

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.

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