Strs Ohio Boosts Stake in Mohawk Industries, Inc. $MHK

Key Points

• Strs Ohio increased its stake in Mohawk Industries by 13.6% in Q4 to 136,615 shares, now owning 0.22% of the company valued at about $14.93 million.
• Mohawk beat Q1 EPS expectations with $1.90 vs. $1.80 consensus and reported $2.73B in revenue, but management trimmed Q2 guidance to $2.50–$2.60, below Street estimates and weighing on the stock.
• Institutional investors hold roughly 79% of the stock while insiders have been net sellers (12,000 shares sold in the last 90 days and insider Suzanne Helen sold 5,658 shares), with insiders still owning about 17.9%.

Strs Ohio raised its position in Mohawk Industries, Inc. (NYSE:MHK - Free Report) by 13.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 136,615 shares of the company's stock after buying an additional 16,389 shares during the period. Strs Ohio owned 0.22% of Mohawk Industries worth $14,932,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AEGON ASSET MANAGEMENT UK Plc bought a new stake in shares of Mohawk Industries in the 3rd quarter worth approximately $20,054,000. Wilsey Asset Management Inc. raised its holdings in shares of Mohawk Industries by 11.5% in the 4th quarter. Wilsey Asset Management Inc. now owns 237,869 shares of the company's stock worth $25,999,000 after purchasing an additional 24,621 shares during the period. ARGA Investment Management LP raised its holdings in shares of Mohawk Industries by 1,508.1% in the 3rd quarter. ARGA Investment Management LP now owns 488,741 shares of the company's stock worth $63,008,000 after purchasing an additional 458,349 shares during the period. Schroder Investment Management Group raised its holdings in shares of Mohawk Industries by 3.4% in the 3rd quarter. Schroder Investment Management Group now owns 837,556 shares of the company's stock worth $107,978,000 after purchasing an additional 27,888 shares during the period. Finally, Tabor Asset Management LP raised its holdings in shares of Mohawk Industries by 35.5% in the 3rd quarter. Tabor Asset Management LP now owns 69,068 shares of the company's stock worth $8,904,000 after purchasing an additional 18,088 shares during the period. Hedge funds and other institutional investors own 78.98% of the company's stock.

More Mohawk Industries News

Here are the key news stories impacting Mohawk Industries this week:

• Positive Sentiment: Q1 EPS beat expectations — Mohawk reported GAAP and adjusted EPS of $1.90 versus consensus ~$1.80, showing solid year‑over‑year earnings improvement. Mohawk Industries (MHK) Surpasses Q1 Earnings Estimates
• Positive Sentiment: Sales grew on a reported basis — Net sales were ~$2.7B, up ~8% year-over-year (though adjusted for days/FX sales were down vs. prior year), indicating demand resiliency in parts of the portfolio. Mohawk Industries Reports Q1 2026 Results
• Neutral Sentiment: Full earnings materials and call available — Management’s prepared remarks, slide deck and conference call transcript are published for detailed review by investors. Use them to assess segment trends, backlog and margin drivers. Mohawk Industries, Inc. (MHK) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Key metrics mixed — Report shows reported sales growth but constant‑currency/adjusted sales down ~2.6% versus prior year; margin and ROE remain modest (net margin ~3.4%, ROE ~6.8%), which tempers the beat. Mohawk Industries Reports Q1 2026 Results (FinancialPost/Globe)
• Negative Sentiment: Q2 guidance trimmed and below Street — Management set Q2 FY2026 EPS guidance of $2.50–$2.60 versus consensus ~ $2.73, which is the primary driver of investor concern and today's share weakness. Mohawk Industries (MHK) Reports Q1 Earnings: What Key Metrics Have to Say
• Negative Sentiment: Top‑line slightly missed consensus — Revenue of $2.73B was roughly in line but just under the street estimate (~$2.74B), which, combined with the weaker guide, amplified selling pressure. Mohawk Industries NYSE: MHK Reports Sales Below Analyst Estimates In Q1 CY2026 Earnings

Mohawk Industries Stock Performance

Shares of NYSE:MHK opened at $100.45 on Monday. The company has a market cap of $6.15 billion, a price-to-earnings ratio of 15.06, a price-to-earnings-growth ratio of 2.01 and a beta of 1.21. The company has a 50-day moving average price of $106.53 and a 200-day moving average price of $113.30. The company has a current ratio of 2.16, a quick ratio of 1.23 and a debt-to-equity ratio of 0.21. 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 announced its quarterly earnings data on Thursday, April 30th. The company reported $1.90 earnings per share for the quarter, topping analysts' consensus estimates of $1.80 by $0.10. The business had revenue of $2.73 billion for the quarter, compared to analysts' expectations of $2.74 billion. Mohawk Industries had a net margin of 3.77% and a return on equity of 6.96%. The business's revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.52 earnings per share. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS. As a group, equities analysts anticipate that Mohawk Industries, Inc. will post 9.08 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on MHK shares. UBS Group reaffirmed a "neutral" rating and issued a $140.00 price target on shares of Mohawk Industries in a report on Monday, February 16th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Mohawk Industries in a report on Monday, April 27th. Evercore set a $143.00 price target on shares of Mohawk Industries in a report on Tuesday, February 17th. Barclays lowered their price target on shares of Mohawk Industries from $121.00 to $96.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 8th. Finally, Wolfe Research cut shares of Mohawk Industries from an "outperform" rating to a "peer perform" rating in a report on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Mohawk Industries presently has a consensus rating of "Hold" and a consensus price target of $130.18.

Insiders Place Their Bets

In other Mohawk Industries news, insider Suzanne L. Helen sold 5,658 shares of the stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $105.19, for a total value of $595,165.02. Following the transaction, the insider directly owned 61,935 shares in the company, valued at approximately $6,514,942.65. This trade represents a 8.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 12,000 shares of company stock valued at $1,246,336 in the last 90 days. 17.90% of the stock is currently owned by company insiders.

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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