State of Alaska Department of Revenue Grows Position in Mohawk Industries, Inc. $MHK

Key Points

• State of Alaska Department of Revenue increased its stake in Mohawk Industries by 93.3% to 42,941 shares (about $4.69M), and institutional investors now own roughly 78.98% of the company.
• Q4 results beat expectations with EPS of $2.00 (vs. $1.98 est.) and revenue of $2.70B, and Mohawk set Q1 2026 guidance of $1.75–$1.85 EPS while analysts forecast about 9.8 EPS for the fiscal year.
• Insider selling continues (12,000 shares sold in the last 90 days, including 5,658 by Suzanne L. Helen), the stock trades near $103.74 with a market cap of $6.35B and a consensus analyst rating of "Hold" and target of $134.80.

State of Alaska Department of Revenue grew its stake in shares of Mohawk Industries, Inc. (NYSE:MHK - Free Report) by 93.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 42,941 shares of the company's stock after purchasing an additional 20,728 shares during the quarter. State of Alaska Department of Revenue owned approximately 0.07% of Mohawk Industries worth $4,693,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Apollon Wealth Management LLC boosted its stake in shares of Mohawk Industries by 24.3% during the fourth quarter. Apollon Wealth Management LLC now owns 2,955 shares of the company's stock valued at $323,000 after purchasing an additional 577 shares during the period. Oak Thistle LLC purchased a new stake in shares of Mohawk Industries during the fourth quarter valued at approximately $1,500,000. Yousif Capital Management LLC boosted its stake in shares of Mohawk Industries by 103.3% during the fourth quarter. Yousif Capital Management LLC now owns 15,710 shares of the company's stock valued at $1,882,000 after purchasing an additional 7,983 shares during the period. Signaturefd LLC boosted its stake in shares of Mohawk Industries by 20.7% during the fourth quarter. Signaturefd LLC now owns 671 shares of the company's stock valued at $73,000 after purchasing an additional 115 shares during the period. Finally, Savvy Advisors Inc. purchased a new stake in shares of Mohawk Industries during the fourth quarter valued at approximately $226,000. Hedge funds and other institutional investors own 78.98% of the company's stock.

Mohawk Industries Price Performance

MHK opened at $103.74 on Thursday. The stock has a fifty day simple moving average of $112.13 and a two-hundred day simple moving average of $114.75. The company has a current ratio of 2.19, a quick ratio of 1.21 and a debt-to-equity ratio of 0.21. The company has a market cap of $6.35 billion, a price-to-earnings ratio of 17.52, a price-to-earnings-growth ratio of 1.68 and a beta of 1.24. Mohawk Industries, Inc. has a 12-month low of $94.56 and a 12-month high of $143.13.

Mohawk Industries (NYSE:MHK - Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The company reported $2.00 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.98 by $0.02. The business had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.68 billion. Mohawk Industries had a return on equity of 6.80% and a net margin of 3.43%.The firm's quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.95 earnings per share. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS. Research analysts predict that Mohawk Industries, Inc. will post 9.8 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on MHK. UBS Group reaffirmed a "neutral" rating and issued a $140.00 price target on shares of Mohawk Industries in a research note on Monday, February 16th. Wells Fargo & Company dropped their price target on Mohawk Industries from $125.00 to $105.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 8th. Wolfe Research lowered Mohawk Industries from an "outperform" rating to a "peer perform" rating in a research note on Wednesday, January 7th. Robert W. Baird set a $156.00 price target on Mohawk Industries in a research note on Tuesday, February 17th. Finally, Royal Bank Of Canada raised their price target on Mohawk Industries from $122.00 to $135.00 and gave the stock a "sector perform" rating in a research note on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, Mohawk Industries has an average rating of "Hold" and a consensus target price of $134.80.

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 value of $595,165.02. Following the completion of the transaction, the insider owned 61,935 shares in the company, valued at approximately $6,514,942.65. This represents a 8.37% 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 this link. Insiders sold a total of 12,000 shares of company stock valued at $1,246,336 in the last ninety days. 17.40% of the stock is currently owned by corporate insiders.

About Mohawk Industries

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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