Mohawk Industries, Inc. (NYSE:MHK) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Mohawk Industries, Inc. (NYSE:MHK) have received a consensus rating of “Hold” from the thirteen analysts that are currently covering the stock, Marketbeat Ratings reports. Eight investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $134.80.

Several analysts have recently issued reports on the company. Barclays reduced their price objective on Mohawk Industries from $121.00 to $96.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Wall Street Zen downgraded Mohawk Industries from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings restated a “hold (c-)” rating on shares of Mohawk Industries in a research report on Wednesday, January 28th. Evercore set a $143.00 price objective on Mohawk Industries in a research report on Tuesday, February 17th. Finally, Royal Bank Of Canada upped their price objective on Mohawk Industries from $122.00 to $135.00 and gave the company a “sector perform” rating in a research report on Tuesday, February 17th.

Insider Activity

In other news, insider Suzanne L. Helen sold 3,000 shares of the company’s stock in a transaction 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 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 12,000 shares of company stock valued at $1,246,336 in the last quarter. 17.40% of the stock is owned by corporate insiders.

Institutional Trading of Mohawk Industries

Institutional investors and hedge funds have recently made changes to their positions in the stock. Root Financial Partners LLC purchased a new stake in shares of Mohawk Industries in the third quarter valued at $25,000. Bayforest Capital Ltd purchased a new position in Mohawk Industries during the fourth quarter worth about $27,000. Global Retirement Partners LLC lifted its position in Mohawk Industries by 950.0% during the fourth quarter. Global Retirement Partners LLC now owns 252 shares of the company’s stock worth $28,000 after buying an additional 228 shares during the period. Transamerica Financial Advisors LLC lifted its position in Mohawk Industries by 216.1% during the fourth quarter. Transamerica Financial Advisors LLC now owns 275 shares of the company’s stock worth $30,000 after buying an additional 188 shares during the period. Finally, Quent Capital LLC purchased a new position in Mohawk Industries during the third quarter worth about $33,000. 78.98% of the stock is currently owned by hedge funds and other institutional investors.

Mohawk Industries Stock Up 0.2%

Mohawk Industries stock opened at $103.41 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.21 and a current ratio of 2.19. The firm has a market capitalization of $6.33 billion, a price-to-earnings ratio of 17.47, a price-to-earnings-growth ratio of 1.64 and a beta of 1.24. Mohawk Industries has a fifty-two week low of $94.56 and a fifty-two week high of $143.13. The stock’s fifty day moving average is $113.36 and its two-hundred day moving average is $115.32.

Mohawk Industries (NYSE:MHK) last posted its earnings results on Thursday, February 12th. The company reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.98 by $0.02. Mohawk Industries had a return on equity of 6.80% and a net margin of 3.43%.The company had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.68 billion. During the same quarter in the prior year, the company earned $1.95 earnings per share. Mohawk Industries’s revenue 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. Analysts predict that Mohawk Industries will post 9.8 EPS for the current fiscal year.

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.