Mohawk Industries (NYSE:MHK) Downgraded by Wall Street Zen to Hold

Key Points

• Wall Street Zen downgraded Mohawk Industries from "buy" to "hold", and the stock carries a consensus rating of Hold with an average analyst target price of $134.80.
• Mohawk slightly beat recent quarterly expectations (EPS $2.00 vs. $1.98; revenue $2.70B vs. $2.68B) and issued Q1 2026 guidance of $1.75–$1.85 EPS, with analysts forecasting about 9.8 EPS for the fiscal year.
• Insiders have sold shares recently (12,000 shares, ~$1.25M over three months), though insiders still own 17.4% of the company and institutional investors hold roughly 78.98%.

Mohawk Industries (NYSE:MHK - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued on Saturday.

Several other brokerages have also recently weighed in on MHK. Evercore set a $143.00 target price on Mohawk Industries in a research note on Tuesday, February 17th. Jefferies Financial Group decreased their target price on Mohawk Industries from $134.00 to $128.00 and set a "hold" rating for the company in a research note on Monday, December 15th. UBS Group reaffirmed a "neutral" rating and set a $140.00 target price on shares of Mohawk Industries in a research note on Monday, February 16th. Truist Financial raised their target price on Mohawk Industries from $148.00 to $155.00 and gave the company a "buy" rating in a research note on Tuesday, February 17th. Finally, Wolfe Research lowered Mohawk Industries from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, January 7th. One investment 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 company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $134.80.

Mohawk Industries Trading Up 0.2%

Shares of MHK stock opened at $103.41 on Friday. The stock has a 50-day simple moving average of $113.36 and a 200 day simple moving average of $115.32. Mohawk Industries has a fifty-two week low of $94.56 and a fifty-two week high of $143.13. The stock has a market capitalization of $6.33 billion, a P/E ratio of 17.47, a P/E/G ratio of 1.64 and a beta of 1.24. The company has a quick ratio of 1.21, a current ratio of 2.19 and a debt-to-equity ratio of 0.21.

Mohawk Industries (NYSE:MHK - Get Free Report) last announced its earnings results on Thursday, February 12th. The company reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.98 by $0.02. Mohawk Industries had a return on equity of 6.80% and a net margin of 3.43%.The business had revenue of $2.70 billion during the quarter, compared to analysts' expectations of $2.68 billion. During the same quarter last year, the business posted $1.95 earnings per share. The company's quarterly revenue was up 2.4% on a year-over-year basis. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS. On average, sell-side analysts expect that Mohawk Industries will post 9.8 earnings per share for the current fiscal year.

Insider Buying and Selling at Mohawk Industries

In related 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 $6,514,942.65. This trade represents a 8.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last three months, insiders sold 12,000 shares of company stock valued at $1,246,336. Company insiders own 17.40% of the company's stock.

Hedge Funds Weigh In On Mohawk Industries

A number of hedge funds and other institutional investors have recently modified their holdings of MHK. Goldman Sachs Group Inc. boosted its position in Mohawk Industries by 14.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 344,797 shares of the company's stock worth $39,369,000 after acquiring an additional 42,655 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Mohawk Industries by 0.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 193,977 shares of the company's stock worth $22,148,000 after acquiring an additional 1,175 shares during the period. Acadian Asset Management LLC acquired a new stake in Mohawk Industries during the 1st quarter worth about $149,000. Creative Planning boosted its position in Mohawk Industries by 10.2% during the 2nd quarter. Creative Planning now owns 3,730 shares of the company's stock worth $391,000 after acquiring an additional 346 shares during the period. Finally, CW Advisors LLC acquired a new stake in Mohawk Industries during the 2nd quarter worth about $280,000. Institutional investors and hedge funds own 78.98% of the company's stock.

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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