Mohawk Industries (NYSE:MHK) Given New $105.00 Price Target at Wells Fargo & Company

Key Points

• Wells Fargo cut its price target on Mohawk Industries from $125 to $105 and kept an "equal weight" rating, implying only about a 4.2% upside from the prior close.
• Analyst views are mixed: the MarketBeat consensus target is $134.80 with an average "Hold" rating, while individual targets range widely (Barclays $96, RBC $135, Robert W. Baird $156), signaling divergence among firms.
• Mohawk posted a slight Q4 beat (EPS $2.00 vs. $1.98; revenue $2.70B), set Q1 2026 guidance of $1.75–$1.85 EPS, and its shares traded at $100.74 (up ~3.2%); the company has a market cap of $6.19B and a P/E of 17.02.

Mohawk Industries (NYSE:MHK - Get Free Report) had its price objective cut by investment analysts at Wells Fargo & Company from $125.00 to $105.00 in a report released on Wednesday,Benzinga reports. The firm currently has an "equal weight" rating on the stock. Wells Fargo & Company's price target points to a potential upside of 4.23% from the company's previous close.

Several other analysts also recently issued reports on MHK. Barclays dropped their price target on Mohawk Industries from $121.00 to $96.00 and set an "equal weight" rating on the stock in a research note on Wednesday. Royal Bank Of Canada lifted their target price on Mohawk Industries from $122.00 to $135.00 and gave the company a "sector perform" rating in a research report on Tuesday, February 17th. Robert W. Baird set a $156.00 target price on Mohawk Industries in a research report on Tuesday, February 17th. Wall Street Zen raised Mohawk Industries from a "hold" rating to a "buy" rating in a research report on Saturday, March 14th. Finally, Jefferies Financial Group lowered their target price on Mohawk Industries from $134.00 to $128.00 and set a "hold" rating on the stock in a research report on Monday, December 15th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and eight have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $134.80.

Mohawk Industries Stock Up 3.2%

Shares of MHK traded up $3.15 during midday trading on Wednesday, hitting $100.74. The stock had a trading volume of 1,085,609 shares, compared to its average volume of 952,357. The company has a 50 day simple moving average of $114.37 and a two-hundred day simple moving average of $115.68. Mohawk Industries has a twelve month low of $94.56 and a twelve month high of $143.13. The firm has a market cap of $6.19 billion, a price-to-earnings ratio of 17.02, a price-to-earnings-growth ratio of 1.54 and a beta of 1.24. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.19 and a quick ratio of 1.21.

Mohawk Industries (NYSE:MHK - Get Free Report) last released its quarterly earnings results on Thursday, February 12th. The company reported $2.00 earnings per share (EPS) 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 firm had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.68 billion. During the same quarter last year, the business posted $1.95 EPS. The company's revenue for the quarter 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, analysts anticipate that Mohawk Industries will post 9.8 EPS for the current year.

Insider Transactions at Mohawk Industries

In other Mohawk Industries news, insider Suzanne L. Helen sold 3,000 shares of the company's stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $97.80, for a total value of $293,400.00. Following the sale, the insider owned 53,893 shares in the company, valued at $5,270,735.40. This represents a 5.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders sold a total of 12,000 shares of company stock valued at $1,246,336 in the last 90 days. 17.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Mohawk Industries

A number of large investors have recently added to or reduced their stakes in the business. Rockefeller Capital Management L.P. raised its stake in Mohawk Industries by 25.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 19,544 shares of the company's stock valued at $2,136,000 after acquiring an additional 4,003 shares during the period. Corient Private Wealth LLC lifted its stake in shares of Mohawk Industries by 112.1% during the 4th quarter. Corient Private Wealth LLC now owns 15,713 shares of the company's stock worth $1,717,000 after buying an additional 8,305 shares during the last quarter. SG Trading Solutions LLC acquired a new stake in shares of Mohawk Industries during the 4th quarter worth about $216,000. Strive Financial Group LLC acquired a new stake in shares of Mohawk Industries during the 4th quarter worth about $98,000. Finally, State of Tennessee Department of Treasury lifted its stake in shares of Mohawk Industries by 4.0% during the 4th quarter. State of Tennessee Department of Treasury now owns 15,915 shares of the company's stock worth $1,884,000 after buying an additional 609 shares during the last quarter. Institutional investors 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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