Mohawk Industries, Inc. (NYSE:MHK) Receives Consensus Recommendation of “Hold” from Analysts

Mohawk Industries, Inc. (NYSE:MHK) has been given an average recommendation of “Hold” by the fourteen ratings firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, eight have given a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $137.6364.

MHK has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mohawk Industries in a report on Wednesday, January 28th. Barclays set a $121.00 price target on Mohawk Industries in a research report on Monday, December 8th. Wall Street Zen raised Mohawk Industries from a “hold” rating to a “buy” rating in a research note on Saturday. Robert W. Baird set a $156.00 price objective on Mohawk Industries in a report on Tuesday, February 17th. Finally, Royal Bank Of Canada increased their target price on Mohawk Industries from $122.00 to $135.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 17th.

Mohawk Industries Stock Up 1.1%

Shares of NYSE MHK opened at $103.67 on Tuesday. Mohawk Industries has a 1 year low of $96.24 and a 1 year high of $143.13. The firm’s 50-day moving average is $120.95 and its 200-day moving average is $119.73. The company has a current ratio of 2.19, a quick ratio of 1.21 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $6.37 billion, a PE ratio of 17.51, a price-to-earnings-growth ratio of 1.63 and a beta of 1.19.

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

Insider Activity at Mohawk Industries

In related news, insider Suzanne L. Helen sold 1,042 shares of the stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $109.39, for a total value of $113,984.38. Following the sale, the insider directly owned 60,893 shares in the company, valued at $6,661,085.27. This trade represents a 1.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Over the last three months, insiders sold 9,700 shares of company stock valued at $1,040,616. Corporate insiders own 17.40% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of MHK. Norges Bank acquired a new stake in Mohawk Industries in the fourth quarter worth $77,528,000. AQR Capital Management LLC grew its holdings in shares of Mohawk Industries by 73.9% in the 3rd quarter. AQR Capital Management LLC now owns 1,578,335 shares of the company’s stock valued at $200,922,000 after buying an additional 670,601 shares during the period. Steadfast Capital Management LP increased its position in shares of Mohawk Industries by 96.3% in the 3rd quarter. Steadfast Capital Management LP now owns 937,301 shares of the company’s stock valued at $120,837,000 after buying an additional 459,700 shares in the last quarter. ARGA Investment Management LP increased its position in shares of Mohawk Industries by 1,508.1% in the 3rd quarter. ARGA Investment Management LP now owns 488,741 shares of the company’s stock valued at $63,008,000 after buying an additional 458,349 shares in the last quarter. Finally, Candlestick Capital Management LP acquired a new stake in Mohawk Industries during the 3rd quarter worth $53,320,000. Institutional investors and hedge funds own 78.98% of the company’s stock.

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.