13,727 Shares in Mohawk Industries, Inc. $MHK Purchased by Oak Thistle LLC

Oak Thistle LLC purchased a new position in Mohawk Industries, Inc. (NYSE:MHK) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 13,727 shares of the company’s stock, valued at approximately $1,500,000.

A number of other large investors also recently bought and sold shares of MHK. Root Financial Partners LLC purchased a new stake in Mohawk Industries during the 3rd quarter worth approximately $25,000. Quent Capital LLC purchased a new stake in Mohawk Industries during the 3rd quarter worth approximately $33,000. SJS Investment Consulting Inc. increased its stake in Mohawk Industries by 5,385.7% during the 3rd quarter. SJS Investment Consulting Inc. now owns 384 shares of the company’s stock worth $50,000 after buying an additional 377 shares in the last quarter. Danske Bank A S purchased a new stake in Mohawk Industries during the 3rd quarter worth approximately $52,000. Finally, Advisory Services Network LLC purchased a new stake in Mohawk Industries during the 3rd quarter worth approximately $64,000. Institutional investors and hedge funds own 78.98% of the company’s stock.

Mohawk Industries Price Performance

MHK stock opened at $101.04 on Thursday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.19 and a quick ratio of 1.21. The business has a 50 day simple moving average of $114.00 and a 200-day simple moving average of $115.58. The firm has a market capitalization of $6.21 billion, a PE ratio of 17.07, a price-to-earnings-growth ratio of 1.54 and a beta of 1.24. Mohawk Industries, Inc. has a 1 year low of $94.56 and a 1 year high of $143.13.

Mohawk Industries (NYSE:MHK) last posted its quarterly earnings results on Thursday, February 12th. The company reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.98 by $0.02. The business had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.68 billion. Mohawk Industries had a return on equity of 6.80% and a net margin of 3.43%.The business’s revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.95 earnings per share. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS. Equities research analysts anticipate that Mohawk Industries, Inc. will post 9.8 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have commented on MHK. Robert W. Baird set a $156.00 price objective on Mohawk Industries in a research note on Tuesday, February 17th. Royal Bank Of Canada boosted their price objective on Mohawk Industries from $122.00 to $135.00 and gave the stock a “sector perform” rating in a research note on Tuesday, February 17th. Wall Street Zen upgraded Mohawk Industries from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Barclays cut their price objective on Mohawk Industries from $121.00 to $96.00 and set an “equal weight” rating for the company in a research note on Wednesday. Finally, Wolfe Research lowered Mohawk Industries from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $134.80.

Insider Activity

In other 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 completion of the sale, the insider directly 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 document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 12,000 shares of company stock valued at $1,246,336 in the last ninety days. 17.40% of the stock is owned by corporate insiders.

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.