Mohawk Industries (NYSE:MHK) Issues Quarterly Earnings Results

Key Points

• Mohawk Industries reported a quarterly earnings of $2.77 EPS, exceeding estimates by $0.15 and generating revenues of $2.80 billion, surpassing forecasts of $2.76 billion.
• The company updated its Q3 2025 earnings guidance to a range of $2.560-$2.660 EPS, indicating a focus on future financial performance.
• Mohawk Industries' stock has seen a trading increase of 4.3%, reaching $121.03, with a market cap of $7.57 billion.

Mohawk Industries (NYSE:MHK - Get Free Report) announced its earnings results on Thursday. The company reported $2.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.62 by $0.15, Zacks reports. The business had revenue of $2.80 billion during the quarter, compared to analyst estimates of $2.76 billion. Mohawk Industries had a net margin of 4.44% and a return on equity of 7.30%. Mohawk Industries's revenue for the quarter was up .0% on a year-over-year basis. During the same period in the previous year, the business posted $3.00 earnings per share. Mohawk Industries updated its Q3 2025 guidance to 2.560-2.660 EPS.

Mohawk Industries Stock Performance

Shares of NYSE MHK traded down $4.05 during midday trading on Wednesday, hitting $117.26. 833,070 shares of the company's stock traded hands, compared to its average volume of 870,834. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.18 and a current ratio of 2.13. The stock has a market capitalization of $7.29 billion, a price-to-earnings ratio of 15.59, a price-to-earnings-growth ratio of 3.91 and a beta of 1.18. The firm has a fifty day moving average of $106.54 and a 200 day moving average of $111.42. Mohawk Industries has a 1 year low of $96.24 and a 1 year high of $164.29.

Insider Activity at Mohawk Industries

In other news, insider Suzanne L. Helen sold 2,500 shares of the company's stock in a transaction on Monday, July 28th. The stock was sold at an average price of $120.60, for a total value of $301,500.00. Following the completion of the sale, the insider directly owned 91,084 shares in the company, valued at $10,984,730.40. This represents a 2.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Jeffrey S. Lorberbaum sold 16,000 shares of the firm's stock in a transaction on Monday, July 28th. The stock was sold at an average price of $120.81, for a total value of $1,932,960.00. Following the completion of the transaction, the chief executive officer directly owned 33,600 shares in the company, valued at approximately $4,059,216. This represents a 32.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 17.40% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Acadian Asset Management LLC purchased a new position in Mohawk Industries during the first quarter valued at approximately $149,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of 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 valued at $22,148,000 after purchasing an additional 1,175 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Mohawk Industries by 14.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 344,797 shares of the company's stock valued at $39,369,000 after buying an additional 42,655 shares in the last quarter. 78.98% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have weighed in on MHK. Wells Fargo & Company raised their price target on Mohawk Industries from $105.00 to $115.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 8th. Wall Street Zen cut Mohawk Industries from a "buy" rating to a "hold" rating in a report on Monday, May 5th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Mohawk Industries in a report on Tuesday, April 1st. They issued a "hold" rating and a $121.00 target price on the stock. JPMorgan Chase & Co. increased their price target on shares of Mohawk Industries from $139.00 to $140.00 and gave the company an "overweight" rating in a research report on Tuesday. Finally, Robert W. Baird increased their target price on shares of Mohawk Industries from $130.00 to $142.00 and gave the stock an "outperform" rating in a report on Monday. Seven research analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $140.14.

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.