Candriam S.C.A. Makes New Investment in Mohawk Industries, Inc. $MHK

Candriam S.C.A. purchased a new position in Mohawk Industries, Inc. (NYSE:MHK) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 23,959 shares of the company’s stock, valued at approximately $3,089,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Canada Post Corp Registered Pension Plan increased its position in shares of Mohawk Industries by 99.5% in the 3rd quarter. Canada Post Corp Registered Pension Plan now owns 2,005 shares of the company’s stock valued at $257,000 after acquiring an additional 1,000 shares during the period. RBA Wealth Management LLC increased its holdings in shares of Mohawk Industries by 2.0% in the third quarter. RBA Wealth Management LLC now owns 32,406 shares of the company’s stock valued at $4,178,000 after purchasing an additional 632 shares during the period. Bessemer Group Inc. increased its holdings in shares of Mohawk Industries by 4.8% in the third quarter. Bessemer Group Inc. now owns 4,588 shares of the company’s stock valued at $591,000 after purchasing an additional 211 shares during the period. BI Asset Management Fondsmaeglerselskab A S raised its stake in shares of Mohawk Industries by 2,050.9% in the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 2,280 shares of the company’s stock worth $294,000 after purchasing an additional 2,174 shares during the last quarter. Finally, Savant Capital LLC lifted its holdings in shares of Mohawk Industries by 5.3% during the third quarter. Savant Capital LLC now owns 79,514 shares of the company’s stock worth $10,251,000 after purchasing an additional 4,000 shares during the period. 78.98% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Wall Street Zen downgraded shares of Mohawk Industries from a “buy” rating to a “hold” rating in a report on Saturday, December 20th. Barclays set a $121.00 price objective on shares of Mohawk Industries in a research note on Monday, December 8th. Weiss Ratings restated a “hold (c-)” rating on shares of Mohawk Industries in a research report on Wednesday, January 28th. Wells Fargo & Company upped their price target on shares of Mohawk Industries from $110.00 to $125.00 and gave the company a “cautious” rating in a report 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, three have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Mohawk Industries presently has an average rating of “Hold” and a consensus price target of $129.78.

Key Stories Impacting Mohawk Industries

Here are the key news stories impacting Mohawk Industries this week:

• Positive Sentiment: Zacks raised its Q4 2027 EPS estimate to $2.71 (from $2.45), a sign that Zacks sees stronger near-term Q4 results than previously modeled. This upgrade provides a modest offset to other cuts.
• Neutral Sentiment: Market previews remind investors the company reports Q4 results on Feb. 12 after the close — the report and any management commentary will likely drive near-term price moves. Article Title
• Neutral Sentiment: Zacks published an earnings preview noting Mohawk’s recent EPS and sales performance versus consensus, which frames expectations going into the print. Article Title
• Negative Sentiment: Zacks trimmed several near-term quarterly estimates: Q1 2027 to $2.43 (from $2.73), Q2 2027 to $3.15 (from $3.45), and Q3 2027 to $3.16 (from $3.35). These cuts reduce expected 2027 quarterly drivers of growth and may pressure valuation expectations.
• Negative Sentiment: Zacks also lowered FY2027 EPS to $11.45 (from $11.98) and trimmed FY2026 estimates (FY2026 to $9.82 from $10.27), signaling reduced medium‑term earnings visibility and weaker forward guidance assumptions from the analyst.
• Negative Sentiment: Additional modest cuts to FY quarter estimates (e.g., Q2 2026 from $3.03 to $2.68; Q4 2026 from $2.15 to $2.11) point to a broader downtick in analyst expectations across multiple periods.

Mohawk Industries Price Performance

NYSE:MHK opened at $135.04 on Thursday. The company has a quick ratio of 1.24, a current ratio of 2.25 and a debt-to-equity ratio of 0.21. Mohawk Industries, Inc. has a 52 week low of $96.24 and a 52 week high of $143.13. The stock’s 50-day moving average price is $116.77 and its 200-day moving average price is $120.68. The stock has a market capitalization of $8.35 billion, a PE ratio of 20.10, a price-to-earnings-growth ratio of 3.81 and a beta of 1.23.

Insider Activity at Mohawk Industries

In related news, insider Suzanne L. Helen sold 2,700 shares of Mohawk Industries stock in a transaction 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 sale, the insider owned 67,893 shares of the company’s stock, valued at approximately $7,400,337. This trade represents a 3.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 14,485 shares of company stock valued at $1,604,006 in the last three months. 17.40% of the stock is owned by insiders.

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.