Mohawk Industries, Inc. (NYSE:MHK) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Analysts collectively rate Mohawk Industries “Hold”: 12 of 16 analysts recommend holding the stock, while three rate it a buy and one a strong buy. The average 12-month price target is $130.50.
• Mohawk reported quarterly EPS of $3.67, exceeding the $2.58 consensus estimate, while revenue reached $2.99 billion and rose 6.8% year over year. Analysts expect $9.69 in EPS for the full fiscal year.
• Insiders sold 119,882 shares worth approximately $15.0 million over the past 90 days, while institutional investors and hedge funds own 78.98% of the company.

Mohawk Industries, Inc. (NYSE:MHK - Get Free Report) has been given a consensus recommendation of "Hold" by the sixteen research firms that are covering the firm, Marketbeat reports. Twelve analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $130.50.

MHK has been the subject of a number of research analyst reports. Zacks Research raised Mohawk Industries from a "strong sell" rating to a "hold" rating in a report on Friday, June 19th. Barclays boosted their target price on Mohawk Industries from $109.00 to $115.00 and gave the stock an "equal weight" rating in a research note on Monday, August 3rd. Weiss Ratings upgraded shares of Mohawk Industries from a "hold (c-)" rating to a "hold (c)" rating in a research note on Thursday, August 6th. JPMorgan Chase & Co. decreased their price target on shares of Mohawk Industries from $143.00 to $138.00 and set an "overweight" rating on the stock in a report on Wednesday, May 6th. Finally, Robert W. Baird upped their price objective on shares of Mohawk Industries from $112.00 to $132.00 and gave the stock a "neutral" rating in a research report on Monday, August 3rd.

Insider Activity at Mohawk Industries

In other Mohawk Industries news, insider Suzanne L. Helen sold 7,000 shares of the business's stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $131.52, for a total transaction of $920,640.00. Following the sale, the insider owned 7,132 shares of the company's stock, valued at approximately $938,000.64. The trade was a 49.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Bernard Thiers sold 13,393 shares of the company's stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $134.98, for a total transaction of $1,807,787.14. Following the transaction, the director owned 93,633 shares of the company's stock, valued at $12,638,582.34. This trade represents a 12.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 119,882 shares of company stock worth $14,992,118. Corporate insiders own 17.90% of the company's stock.

Institutional Trading of Mohawk Industries

A number of hedge funds have recently made changes to their positions in the company. Rexford Capital Inc. grew its holdings in shares of Mohawk Industries by 10.1% during the fourth quarter. Rexford Capital Inc. now owns 1,087 shares of the company's stock worth $119,000 after purchasing an additional 100 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in Mohawk Industries by 0.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 17,254 shares of the company's stock worth $2,224,000 after buying an additional 100 shares during the period. Sequoia Financial Advisors LLC grew its holdings in Mohawk Industries by 1.8% during the 1st quarter. Sequoia Financial Advisors LLC now owns 5,685 shares of the company's stock worth $560,000 after acquiring an additional 101 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in Mohawk Industries by 7.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,569 shares of the company's stock worth $171,000 after acquiring an additional 105 shares during the last quarter. Finally, Elevation Wealth Partners LLC lifted its holdings in shares of Mohawk Industries by 122.2% during the second quarter. Elevation Wealth Partners LLC now owns 220 shares of the company's stock worth $27,000 after purchasing an additional 121 shares during the period. 78.98% of the stock is owned by institutional investors and hedge funds.

Mohawk Industries Stock Performance

NYSE MHK opened at $139.21 on Friday. The company has a current ratio of 1.92, a quick ratio of 1.13 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $9.43 billion, a price-to-earnings ratio of 18.44, a P/E/G ratio of 2.02 and a beta of 1.18. The firm's 50 day simple moving average is $116.69 and its 200 day simple moving average is $112.24. Mohawk Industries has a 1 year low of $92.99 and a 1 year high of $143.13.

Mohawk Industries (NYSE:MHK - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $3.67 EPS for the quarter, beating the consensus estimate of $2.58 by $1.09. The business had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $2.79 billion. Mohawk Industries had a net margin of 4.15% and a return on equity of 7.50%. The company's revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the business earned $2.77 earnings per share. Mohawk Industries has set its Q3 2026 guidance at 2.380-2.480 EPS. As a group, research analysts expect that Mohawk Industries will post 9.69 earnings per share 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.

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