Mohawk Industries (NYSE:MHK) Insider Suzanne Helen Sells 2,700 Shares of Stock

Mohawk Industries, Inc. (NYSE:MHK) insider Suzanne Helen sold 2,700 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $109.00, for a total value of $294,300.00. Following the transaction, the insider owned 67,893 shares in the company, valued at $7,400,337. The trade was a 3.82% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Mohawk Industries Price Performance

Shares of Mohawk Industries stock traded up $3.13 during trading on Thursday, reaching $112.33. The company’s stock had a trading volume of 32,882 shares, compared to its average volume of 807,512. The business has a 50 day moving average price of $114.43 and a 200-day moving average price of $117.45. The company has a market capitalization of $6.94 billion, a P/E ratio of 16.73, a price-to-earnings-growth ratio of 2.24 and a beta of 1.23. 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 12-month low of $96.24 and a 12-month high of $143.13.

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

Institutional Trading of Mohawk Industries

Institutional investors and hedge funds have recently made changes to their positions in the company. Root Financial Partners LLC acquired a new stake in Mohawk Industries during the third quarter worth about $25,000. MTM Investment Management LLC purchased a new position in Mohawk Industries in the second quarter valued at approximately $28,000. Quent Capital LLC purchased a new stake in Mohawk Industries during the third quarter worth approximately $33,000. Brooklyn Investment Group increased its position in shares of Mohawk Industries by 2,506.3% in the first quarter. Brooklyn Investment Group now owns 417 shares of the company’s stock worth $48,000 after acquiring an additional 401 shares in the last quarter. Finally, SJS Investment Consulting Inc. lifted 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 acquiring an additional 377 shares in the last quarter. 78.98% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

MHK has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mohawk Industries in a research note on Friday, October 31st. Wells Fargo & Company decreased their price target on shares of Mohawk Industries from $125.00 to $110.00 and set an “equal weight” rating on the stock in a research note on Monday. Barclays set a $121.00 price target on shares of Mohawk Industries in a report on Monday, December 8th. Evercore ISI decreased their target price on shares of Mohawk Industries from $124.00 to $118.00 and set an “in-line” rating on the stock in a research report on Wednesday, November 19th. Finally, Vertical Research assumed coverage on Mohawk Industries in a report on Monday, October 20th. They issued a “buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $135.79.

Mohawk Industries Company Profile

Mohawk Industries, Inc designs, manufactures, sources, distributes, and markets flooring products for residential and commercial remodeling, and new construction channels in the United States, Europe, Latin America, and internationally. It operates through three segments: Global Ceramic, Flooring North America, and Flooring Rest of the World.