Mohawk Industries (NYSE:MHK) Releases Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Key Points

• Mohawk Industries (NYSE:MHK) reported earnings per share (EPS) of $2.67 for the quarter, exceeding analysts' expectations of $2.66 by $0.01.
• The company has updated its Q4 2025 guidance to an EPS range of 1.900-2.000.
• Mohawk Industries' stock price increased by 0.2%, closing at $128.58 with significant trading volume of 1,349,120 shares.

Mohawk Industries (NYSE:MHK - Get Free Report) posted its quarterly earnings results on Thursday. The company reported $2.67 earnings per share for the quarter, missing the consensus estimate of $2.68 by ($0.01), Zacks reports. Mohawk Industries had a return on equity of 7.30% and a net margin of 4.44%.The business had revenue of $2.76 billion during the quarter, compared to analysts' expectations of $2.73 billion. During the same period in the prior year, the business posted $2.90 earnings per share. The business's quarterly revenue was up 1.4% on a year-over-year basis. Mohawk Industries updated its Q4 2025 guidance to 1.900-2.000 EPS.

Mohawk Industries Price Performance

Mohawk Industries stock opened at $128.58 on Friday. The company's 50 day simple moving average is $129.68 and its 200-day simple moving average is $115.44. The company has a market capitalization of $7.99 billion, a price-to-earnings ratio of 17.10, a price-to-earnings-growth ratio of 3.63 and a beta of 1.29. Mohawk Industries has a 1 year low of $96.24 and a 1 year high of $152.89. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.18 and a current ratio of 2.13.

Insider Activity at Mohawk Industries

In other news, Director Bernard Thiers sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $128.21, for a total value of $1,282,100.00. Following the sale, the director directly owned 105,532 shares of the company's stock, valued at approximately $13,530,257.72. The trade was a 8.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Suzanne L. Helen sold 2,200 shares of the business's stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $137.19, for a total transaction of $301,818.00. Following the completion of the sale, the insider directly owned 85,493 shares in the company, valued at $11,728,784.67. This trade represents a 2.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 34,791 shares of company stock valued at $4,357,225 over the last 90 days. Insiders own 17.40% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Daiwa Securities Group Inc. grew its holdings in shares of Mohawk Industries by 10.3% in the second quarter. Daiwa Securities Group Inc. now owns 3,554 shares of the company's stock valued at $373,000 after purchasing an additional 333 shares in the last quarter. Creative Planning grew its holdings in shares of Mohawk Industries by 10.2% in the second quarter. Creative Planning now owns 3,730 shares of the company's stock valued at $391,000 after purchasing an additional 346 shares in the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Mohawk Industries by 0.9% in the second quarter. Ameriprise Financial Inc. now owns 41,603 shares of the company's stock valued at $4,362,000 after purchasing an additional 380 shares in the last quarter. Snowden Capital Advisors LLC grew its holdings in shares of Mohawk Industries by 24.4% in the second quarter. Snowden Capital Advisors LLC now owns 2,589 shares of the company's stock valued at $271,000 after purchasing an additional 508 shares in the last quarter. Finally, Ossiam grew its holdings in shares of Mohawk Industries by 131.6% in the second quarter. Ossiam now owns 915 shares of the company's stock valued at $96,000 after purchasing an additional 520 shares in the last quarter. Institutional investors and hedge funds own 78.98% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Vertical Research assumed coverage on shares of Mohawk Industries in a research note on Monday. They set a "buy" rating on the stock. Raymond James Financial reaffirmed a "strong-buy" rating and set a $150.00 target price (up from $140.00) on shares of Mohawk Industries in a research note on Tuesday. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Mohawk Industries in a research note on Wednesday, October 8th. Barclays lifted their target price on shares of Mohawk Industries from $111.00 to $125.00 and gave the stock an "equal weight" rating in a research note on Monday, July 28th. Finally, Evercore ISI reduced their target price on shares of Mohawk Industries from $124.00 to $123.00 and set an "in-line" rating on the stock in a research note on Monday, July 28th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Mohawk Industries presently has a consensus rating of "Moderate Buy" and an average price target of $139.38.

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.