Insider Selling: Mohawk Industries (NYSE:MHK) Insider Sells $200,135.22 in Stock

Mohawk Industries, Inc. (NYSE:MHK) insider Suzanne Helen sold 1,887 shares of the company’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $106.06, for a total transaction of $200,135.22. Following the completion of the sale, the insider directly owned 48,049 shares in the company, valued at $5,096,076.94. This represents a 3.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Mohawk Industries Stock Down 0.1%

NYSE:MHK opened at $102.73 on Monday. The firm’s 50-day moving average price is $102.46 and its 200-day moving average price is $110.87. The company has a market capitalization of $6.26 billion, a PE ratio of 15.40, a P/E/G ratio of 2.55 and a beta of 1.20. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.16 and a quick ratio of 1.23. Mohawk Industries, Inc. has a 1-year low of $92.99 and a 1-year high of $143.13.

Mohawk Industries (NYSE:MHK) last released its earnings results on Thursday, April 30th. The company reported $1.90 earnings per share for the quarter, topping analysts’ consensus estimates of $1.80 by $0.10. The firm had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.74 billion. Mohawk Industries had a net margin of 3.77% and a return on equity of 6.96%. The company’s revenue was up 8.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.52 EPS. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS. On average, equities analysts predict that Mohawk Industries, Inc. will post 8.67 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently weighed in on MHK. Weiss Ratings downgraded shares of Mohawk Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, May 21st. Evercore set a $110.00 target price on shares of Mohawk Industries in a research report on Monday, May 4th. UBS Group reaffirmed a “neutral” rating and issued a $140.00 target price on shares of Mohawk Industries in a research report on Monday, February 16th. Zacks Research downgraded shares of Mohawk Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, April 24th. Finally, Barclays cut their price objective on shares of Mohawk Industries from $121.00 to $96.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Mohawk Industries currently has an average rating of “Hold” and an average target price of $123.33.

Institutional Trading of Mohawk Industries

Institutional investors have recently bought and sold shares of the company. Bayforest Capital Ltd purchased a new stake in Mohawk Industries during the 4th quarter valued at about $27,000. Global Retirement Partners LLC grew its position in Mohawk Industries by 950.0% during the 4th quarter. Global Retirement Partners LLC now owns 252 shares of the company’s stock valued at $28,000 after purchasing an additional 228 shares during the last quarter. Transamerica Financial Advisors LLC boosted its holdings in shares of Mohawk Industries by 216.1% during the 4th quarter. Transamerica Financial Advisors LLC now owns 275 shares of the company’s stock valued at $30,000 after acquiring an additional 188 shares during the last quarter. SJS Investment Consulting Inc. boosted its holdings in shares of Mohawk Industries by 105.7% during the 1st quarter. SJS Investment Consulting Inc. now owns 323 shares of the company’s stock valued at $32,000 after acquiring an additional 166 shares during the last quarter. Finally, Salomon & Ludwin LLC purchased a new stake in shares of Mohawk Industries during the 4th quarter valued at about $43,000. 78.98% of the stock is owned by hedge funds and other institutional investors.

About Mohawk Industries

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.