Inscription Capital LLC Acquires New Stake in Mohawk Industries, Inc. $MHK

Inscription Capital LLC acquired a new stake in shares of Mohawk Industries, Inc. (NYSE:MHK) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 8,054 shares of the company’s stock, valued at approximately $1,038,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Root Financial Partners LLC purchased a new position in shares of Mohawk Industries during the 3rd quarter valued at $25,000. MTM Investment Management LLC purchased a new position in Mohawk Industries during the second quarter valued at $28,000. Quent Capital LLC bought a new stake in Mohawk Industries in the 3rd quarter valued at $33,000. SJS Investment Consulting Inc. boosted its holdings in shares of Mohawk Industries by 5,385.7% during the 3rd quarter. SJS Investment Consulting Inc. now owns 384 shares of the company’s stock valued at $50,000 after purchasing an additional 377 shares during the last quarter. Finally, True Wealth Design LLC raised its holdings in shares of Mohawk Industries by 1,016.7% during the 3rd quarter. True Wealth Design LLC now owns 670 shares of the company’s stock worth $86,000 after acquiring an additional 610 shares in the last quarter. 78.98% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on MHK shares. Evercore ISI lowered their price objective on Mohawk Industries from $124.00 to $118.00 and set an “in-line” rating for the company in a research note on Wednesday, November 19th. Jefferies Financial Group dropped their price objective on shares of Mohawk Industries from $134.00 to $128.00 and set a “hold” rating for the company in a research note on Monday, December 15th. Raymond James Financial reissued a “strong-buy” rating and issued a $150.00 target price (up previously from $140.00) on shares of Mohawk Industries in a research note on Tuesday, October 21st. Barclays set a $121.00 target price on shares of Mohawk Industries in a report on Monday, December 8th. Finally, Wolfe Research lowered shares of 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, six have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, Mohawk Industries has a consensus rating of “Moderate Buy” and a consensus price target of $133.83.

Insider Activity at Mohawk Industries

In other news, insider Suzanne L. Helen sold 2,700 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $109.00, for a total value of $294,300.00. Following the completion of the sale, the insider owned 67,893 shares of the company’s stock, valued at approximately $7,400,337. This represents a 3.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last three months, insiders have sold 17,600 shares of company stock valued at $1,945,754. Insiders own 17.40% of the company’s stock.

Mohawk Industries Stock Down 2.4%

Shares of NYSE MHK opened at $119.86 on Wednesday. Mohawk Industries, Inc. has a 52-week low of $96.24 and a 52-week high of $143.13. The firm has a market capitalization of $7.41 billion, a price-to-earnings ratio of 17.84, a PEG ratio of 2.17 and a beta of 1.22. The stock has a 50 day moving average price of $111.90 and a 200 day moving average price of $119.25. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.24 and a current ratio of 2.25.

Mohawk Industries (NYSE:MHK) last issued its earnings results on Thursday, October 23rd. The company reported $2.67 earnings per share for the quarter, missing analysts’ consensus estimates of $2.68 by ($0.01). Mohawk Industries had a net margin of 3.93% and a return on equity of 6.97%. The firm had revenue of $2.76 billion for the quarter, compared to the consensus estimate of $2.73 billion. During the same period last year, the firm earned $2.90 earnings per share. The company’s revenue for the quarter was up 1.4% on a year-over-year basis. Mohawk Industries has set its Q4 2025 guidance at 1.900-2.000 EPS. Sell-side analysts expect that Mohawk Industries, Inc. will post 9.8 earnings per share for the current year.

Mohawk Industries 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.