Massachusetts Financial Services Co. MA Has $178.59 Million Holdings in Mohawk Industries, Inc. $MHK

Key Points

• Massachusetts Financial Services Co. reduced its Mohawk stake by 10.7% to 1,633,958 shares—about 2.64% of the company—worth approximately $178.59 million.
• Company insiders have been net sellers: Suzanne L. Helen sold 5,658 shares (an 8.37% cut in her stake) and insiders sold 12,000 shares totaling about $1.25 million in the past three months, though corporate insiders still own 17.40%.
• Analyst consensus is a "Hold" with an average target of $134.80; Mohawk slightly beat Q4 estimates with EPS of $2.00, set Q1 2026 guidance of $1.75–$1.85, and its shares trade around $103 within a 52-week range of $94.56–$143.13.

Massachusetts Financial Services Co. MA cut its holdings in shares of Mohawk Industries, Inc. (NYSE:MHK - Free Report) by 10.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,633,958 shares of the company's stock after selling 195,872 shares during the quarter. Massachusetts Financial Services Co. MA owned about 2.64% of Mohawk Industries worth $178,592,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of MHK. Root Financial Partners LLC acquired a new position in shares of Mohawk Industries in the third quarter valued at $25,000. Quent Capital LLC acquired a new position in shares of Mohawk Industries in the third quarter valued at $33,000. SJS Investment Consulting Inc. raised its stake in shares of Mohawk Industries by 5,385.7% in the third quarter. SJS Investment Consulting Inc. now owns 384 shares of the company's stock valued at $50,000 after purchasing an additional 377 shares in the last quarter. Danske Bank A S acquired a new position in shares of Mohawk Industries in the third quarter valued at $52,000. Finally, Advisory Services Network LLC acquired a new position in shares of Mohawk Industries in the third quarter valued at $64,000. Institutional investors and hedge funds own 78.98% of the company's stock.

Insider Transactions at Mohawk Industries

In other Mohawk Industries news, insider Suzanne L. Helen sold 5,658 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $105.19, for a total transaction of $595,165.02. Following the completion of the transaction, the insider directly owned 61,935 shares in the company, valued at $6,514,942.65. This represents a 8.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold 12,000 shares of company stock worth $1,246,336 in the last three months. Corporate insiders own 17.40% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on MHK. UBS Group restated a "neutral" rating and issued a $140.00 target price on shares of Mohawk Industries in a research note on Monday, February 16th. Barclays cut their target price on Mohawk Industries from $121.00 to $96.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 8th. Weiss Ratings restated a "hold (c-)" rating on shares of Mohawk Industries in a research note on Wednesday, January 28th. Royal Bank Of Canada upped their target price on 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, Wolfe Research lowered Mohawk Industries from an "outperform" rating to a "peer perform" rating in a research note on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $134.80.

Mohawk Industries Stock Performance

Mohawk Industries stock opened at $103.41 on Monday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.19 and a quick ratio of 1.21. The stock has a fifty day moving average price of $113.36 and a two-hundred day moving average price of $115.14. Mohawk Industries, Inc. has a 52-week low of $94.56 and a 52-week high of $143.13. The firm has a market capitalization of $6.33 billion, a P/E ratio of 17.47, a P/E/G ratio of 1.65 and a beta of 1.24.

Mohawk Industries (NYSE:MHK - Get Free Report) last released its quarterly earnings data 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. Mohawk Industries had a return on equity of 6.80% and a net margin of 3.43%.The firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.68 billion. During the same period in the prior year, the company posted $1.95 earnings per share. The business's revenue for the quarter was up 2.4% compared to the same quarter last year. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS. As a group, analysts anticipate that Mohawk Industries, Inc. will post 9.8 EPS 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.

Want to see what other hedge funds are holding MHK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mohawk Industries, Inc. (NYSE:MHK - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.