Nomura Holdings Inc. Has $427,000 Stake in Mohawk Industries, Inc. $MHK

Key Points

• Nomura Holdings Inc. reduced its stake in Mohawk Industries by 87.1%, selling 25,142 shares and ending the first quarter with 3,740 shares valued at approximately $427,000.
• Several institutional investors, including BNP Paribas Financial Markets and Comerica Bank, have increased their stakes in Mohawk Industries, highlighting significant interest from the investment community.
• Mohawk Industries reported earnings of $2.77 EPS for the quarter, exceeding analysts' expectations, and set its Q3 2025 EPS guidance between 2.560 and 2.660.

Nomura Holdings Inc. lessened its position in Mohawk Industries, Inc. (NYSE:MHK - Free Report) by 87.1% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,740 shares of the company's stock after selling 25,142 shares during the period. Nomura Holdings Inc.'s holdings in Mohawk Industries were worth $427,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of MHK. Federated Hermes Inc. increased its stake in shares of Mohawk Industries by 326.3% in the first quarter. Federated Hermes Inc. now owns 243 shares of the company's stock valued at $28,000 after buying an additional 186 shares during the period. Brooklyn Investment Group raised its stake in shares of Mohawk Industries by 2,506.3% during the first quarter. Brooklyn Investment Group now owns 417 shares of the company's stock valued at $48,000 after acquiring an additional 401 shares during the last quarter. Resona Asset Management Co. Ltd. lifted its holdings in shares of Mohawk Industries by 40.6% during the first quarter. Resona Asset Management Co. Ltd. now owns 481 shares of the company's stock worth $55,000 after purchasing an additional 139 shares during the period. Allworth Financial LP grew its stake in shares of Mohawk Industries by 36.2% in the first quarter. Allworth Financial LP now owns 595 shares of the company's stock worth $65,000 after purchasing an additional 158 shares during the last quarter. Finally, Mufg Securities Americas Inc. bought a new stake in shares of Mohawk Industries in the fourth quarter worth $92,000. 78.98% of the stock is currently owned by institutional investors.

Insider Transactions at Mohawk Industries

In related news, insider Suzanne L. Helen sold 800 shares of the company's stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $132.92, for a total transaction of $106,336.00. Following the transaction, the insider directly owned 88,784 shares of the company's stock, valued at approximately $11,801,169.28. This represents a 0.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jeffrey S. Lorberbaum sold 16,000 shares of the firm's stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $120.81, for a total value of $1,932,960.00. Following the completion of the sale, the chief executive officer directly owned 33,600 shares of the company's stock, valued at $4,059,216. This trade represents a 32.26% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 31,500 shares of company stock valued at $3,905,221. 17.40% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on MHK. JPMorgan Chase & Co. raised their target price on Mohawk Industries from $139.00 to $140.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 29th. Evercore ISI lowered their price objective on Mohawk Industries from $124.00 to $123.00 and set an "in-line" rating for the company in a research report on Monday, July 28th. Royal Bank Of Canada reiterated a "sector perform" rating and issued a $123.00 target price (up from $119.00) on shares of Mohawk Industries in a report on Monday, July 28th. Robert W. Baird increased their target price on shares of Mohawk Industries from $130.00 to $142.00 and gave the company an "outperform" rating in a research report on Monday, July 28th. Finally, Wells Fargo & Company boosted their price target on shares of Mohawk Industries from $105.00 to $115.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 8th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Mohawk Industries presently has a consensus rating of "Moderate Buy" and a consensus price target of $140.14.

Mohawk Industries Stock Down 0.1%

Shares of Mohawk Industries stock traded down $0.13 during trading on Wednesday, reaching $135.33. 548,333 shares of the company traded hands, compared to its average volume of 741,177. The firm has a market capitalization of $8.41 billion, a PE ratio of 18.00, a P/E/G ratio of 2.95 and a beta of 1.25. Mohawk Industries, Inc. has a 1-year low of $96.24 and a 1-year high of $164.29. The company has a 50 day moving average price of $122.24 and a 200-day moving average price of $112.47. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.13 and a quick ratio of 1.18.

Mohawk Industries (NYSE:MHK - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The company reported $2.77 EPS for the quarter, topping analysts' consensus estimates of $2.62 by $0.15. Mohawk Industries had a net margin of 4.44% and a return on equity of 7.30%. The business had revenue of $2.80 billion during the quarter, compared to analysts' expectations of $2.76 billion. During the same period last year, the company posted $3.00 earnings per share. The business's quarterly revenue was up .0% on a year-over-year basis. Mohawk Industries has set its Q3 2025 guidance at 2.560-2.660 EPS. As a group, equities research analysts expect that Mohawk Industries, Inc. will post 9.8 earnings per share for the current fiscal year.

About Mohawk Industries

Mohawk Industries, Inc designs, manufactures, sources, distributes, and markets flooring products for residential and commercial remodeling, and new construction channels in the United States, Europe, Latin America, and internationally. It operates through three segments: Global Ceramic, Flooring North America, and Flooring Rest of the World.