Q3 EPS Estimates for Mohawk Industries Cut by Zacks Research

Mohawk Industries, Inc. (NYSE:MHK) – Equities researchers at Zacks Research reduced their Q3 2026 earnings estimates for Mohawk Industries in a research report issued on Monday, February 9th. Zacks Research analyst Team now expects that the company will post earnings per share of $3.08 for the quarter, down from their prior estimate of $3.14. The consensus estimate for Mohawk Industries’ current full-year earnings is $9.80 per share. Zacks Research also issued estimates for Mohawk Industries’ Q4 2026 earnings at $2.11 EPS and FY2026 earnings at $9.82 EPS.

Several other equities research analysts also recently commented on the company. Evercore dropped their target price on Mohawk Industries from $124.00 to $118.00 and set an “in-line” rating on the stock in a report on Wednesday, November 19th. Vertical Research initiated coverage on Mohawk Industries in a research report on Monday, October 20th. They issued a “buy” rating for the company. Wall Street Zen cut shares of Mohawk Industries from a “buy” rating to a “hold” rating in a research note on Saturday, December 20th. Jefferies Financial Group cut their price objective on shares of Mohawk Industries from $134.00 to $128.00 and set a “hold” rating on the stock in a research report on Monday, December 15th. Finally, Barclays set a $121.00 target price on shares of Mohawk Industries in a report on Monday, December 8th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, Mohawk Industries currently has an average rating of “Hold” and an average price target of $128.11.

Mohawk Industries Stock Performance

Shares of MHK opened at $136.85 on Tuesday. The company has a quick ratio of 1.24, a current ratio of 2.25 and a debt-to-equity ratio of 0.21. The stock has a market cap of $8.46 billion, a P/E ratio of 20.36, a P/E/G ratio of 3.68 and a beta of 1.23. The business’s 50 day moving average price is $116.37 and its 200-day moving average price is $120.58. Mohawk Industries has a 52 week low of $96.24 and a 52 week high of $143.13.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in MHK. Dimensional Fund Advisors LP grew its position in Mohawk Industries by 1.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,085,012 shares of the company’s stock worth $397,714,000 after purchasing an additional 37,487 shares during the period. Invesco Ltd. lifted its holdings in shares of Mohawk Industries by 7.4% during the 2nd quarter. Invesco Ltd. now owns 1,957,197 shares of the company’s stock valued at $205,192,000 after buying an additional 135,246 shares during the period. State Street Corp boosted its stake in shares of Mohawk Industries by 2.1% in the 2nd quarter. State Street Corp now owns 1,915,831 shares of the company’s stock worth $200,856,000 after buying an additional 39,556 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of Mohawk Industries by 0.5% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,829,830 shares of the company’s stock worth $235,902,000 after acquiring an additional 9,516 shares during the period. Finally, AQR Capital Management LLC grew its holdings in shares of Mohawk Industries by 73.9% in the third quarter. AQR Capital Management LLC now owns 1,578,335 shares of the company’s stock worth $200,922,000 after acquiring an additional 670,601 shares during the period. 78.98% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Mohawk Industries news, insider Suzanne L. Helen sold 3,500 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $110.36, for a total transaction of $386,260.00. Following the transaction, the insider owned 70,593 shares in the company, valued at approximately $7,790,643.48. This represents a 4.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders sold 14,985 shares of company stock valued at $1,658,526. 17.40% of the stock is currently owned by 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.