Mohawk Industries, Inc. $MHK Shares Sold by Vanguard Group Inc.

Key Points

• Vanguard trimmed its Mohawk stake by 10.4% in Q4, selling 626,481 shares and now holds 5,399,358 shares (about 8.73%) valued at roughly $590.2M, while institutional investors own ~78.98% of the company.
• Mohawk beat Q1 EPS estimates ($1.90 vs. $1.80) with revenue of $2.73B (up 8% YoY but slightly below consensus) and set Q2 2026 guidance of EPS 2.50–2.60; analysts forecast ~9.08 EPS for the fiscal year.
• The stock opened at $95 (down 4.9%), has a market cap of $5.81B and a PE of 14.24, a one‑year range of $93.60–$143.13, and an average analyst rating of Hold with a $126.64 price target.

Vanguard Group Inc. lessened its holdings in shares of Mohawk Industries, Inc. (NYSE:MHK - Free Report) by 10.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,399,358 shares of the company's stock after selling 626,481 shares during the period. Vanguard Group Inc. owned 8.73% of Mohawk Industries worth $590,150,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Root Financial Partners LLC acquired a new stake in shares of Mohawk Industries during the 3rd quarter worth about $25,000. Bayforest Capital Ltd acquired a new stake in shares of Mohawk Industries during the 4th quarter worth about $27,000. Quent Capital LLC acquired a new stake in shares of Mohawk Industries during the 3rd quarter worth about $33,000. Salomon & Ludwin LLC acquired a new stake in shares of Mohawk Industries during the 4th quarter worth about $43,000. Finally, Danske Bank A S acquired a new stake in shares of Mohawk Industries during the 3rd quarter worth about $52,000. Institutional investors and hedge funds own 78.98% of the company's stock.

Mohawk Industries Stock Down 4.9%

Mohawk Industries stock opened at $95.00 on Tuesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.16 and a quick ratio of 1.23. Mohawk Industries, Inc. has a 1-year low of $93.60 and a 1-year high of $143.13. The company has a market cap of $5.81 billion, a PE ratio of 14.24, a price-to-earnings-growth ratio of 2.01 and a beta of 1.20. The stock's 50 day moving average price is $106.53 and its 200 day moving average price is $113.30.

Mohawk Industries (NYSE:MHK - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The company reported $1.90 earnings per share for the quarter, beating analysts' consensus estimates 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 period in the previous year, the business earned $1.52 earnings per share. The company'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, sell-side analysts predict that Mohawk Industries, Inc. will post 9.08 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

MHK has been the topic of several research analyst reports. Wall Street Zen lowered Mohawk Industries from a "buy" rating to a "hold" rating in a research report on Saturday, April 11th. Royal Bank Of Canada lifted their price target 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. Robert W. Baird cut their price target on Mohawk Industries from $118.00 to $112.00 and set a "neutral" rating on the stock in a research report on Monday. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Mohawk Industries in a research report on Monday, April 27th. Finally, Zacks Research lowered Mohawk Industries from a "hold" rating to a "strong sell" rating in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $126.64.

Insiders Place Their Bets

In related news, insider Suzanne L. Helen sold 5,658 shares of the firm's stock in a transaction that occurred 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 directly owned 61,935 shares of the company's stock, valued at $6,514,942.65. This trade represents a 8.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last ninety days, insiders sold 12,000 shares of company stock valued at $1,246,336. Company insiders own 17.90% of the company's stock.

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.

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