8,298 Shares in Mohawk Industries, Inc. $MHK Acquired by Bull Harbor Capital LLC

Bull Harbor Capital LLC bought a new position in Mohawk Industries, Inc. (NYSE:MHK) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 8,298 shares of the company’s stock, valued at approximately $817,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its position in shares of Mohawk Industries by 2.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,219,318 shares of the company’s stock worth $316,962,000 after buying an additional 80,761 shares during the period. State Street Corp increased 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 valued at $200,856,000 after acquiring an additional 39,556 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Mohawk Industries by 15.9% during the 4th quarter. AQR Capital Management LLC now owns 1,829,347 shares of the company’s stock valued at $199,948,000 after acquiring an additional 251,012 shares during the period. Pzena Investment Management LLC lifted its position in shares of Mohawk Industries by 0.6% during the 4th quarter. Pzena Investment Management LLC now owns 1,186,400 shares of the company’s stock valued at $129,674,000 after acquiring an additional 7,332 shares during the period. Finally, Brandes Investment Partners LP boosted its stake in Mohawk Industries by 20.4% during the fourth quarter. Brandes Investment Partners LP now owns 1,102,574 shares of the company’s stock worth $120,513,000 after acquiring an additional 186,649 shares in the last quarter. 78.98% of the stock is owned by institutional investors and hedge funds.

Key Mohawk Industries News

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

• Positive Sentiment: Q2 earnings beat expectations: Adjusted EPS was $3.67, well above the $2.58 analyst consensus. Reported EPS was $3.22, while adjusted net earnings reached $223 million, compared with $173 million a year earlier. Mohawk Industries Reports Q2 2026 Results
• Positive Sentiment: Revenue exceeded forecasts and grew year over year: Second-quarter net sales were approximately $3.0 billion, up 6.8% from $2.8 billion last year and ahead of the roughly $2.79 billion consensus estimate. Sales increased 5.0% after adjusting for constant days and exchange rates. Mohawk Industries Q2 Earnings Snapshot
• Positive Sentiment: Profit growth was notable: Reported net earnings rose to $196 million from $147 million in the prior-year quarter, and adjusted EPS increased from $2.77 to $3.67. The results suggest improved operating performance despite ongoing challenges in the housing and remodeling markets. Mohawk Industries Reports Q2 2026 Results
• Neutral Sentiment: Third-quarter outlook was broadly in line with expectations: Mohawk guided for EPS of $2.38 to $2.48, versus analyst consensus of $2.40. The midpoint is modestly above consensus, but the lower end of the range leaves room for a potential slowdown from the strong second quarter.

Insider Activity

In related news, insider Suzanne L. Helen sold 16,600 shares of the firm’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $112.97, for a total value of $1,875,302.00. Following the transaction, the insider owned 14,132 shares of the company’s stock, valued at approximately $1,596,492.04. This trade represents a 54.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jeffrey S. Lorberbaum sold 5,000 shares of Mohawk Industries stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $105.53, for a total value of $527,650.00. Following the transaction, the chief executive officer owned 25,000 shares of the company’s stock, valued at $2,638,250. This trade represents a 16.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 40,186 shares of company stock worth $4,460,321. 17.90% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms have commented on MHK. Barclays raised their price target on shares of Mohawk Industries from $96.00 to $109.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 14th. Robert W. Baird cut their price objective on shares of Mohawk Industries from $118.00 to $112.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft set a $109.00 target price on Mohawk Industries in a research note on Tuesday, May 5th. Truist Financial decreased their target price on Mohawk Industries from $155.00 to $135.00 and set a “buy” rating for the company in a research report on Tuesday, May 5th. Finally, Wells Fargo & Company dropped their price target on Mohawk Industries from $125.00 to $105.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 8th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, Mohawk Industries presently has an average rating of “Hold” and an average target price of $124.42.

Mohawk Industries Stock Performance

MHK opened at $119.47 on Friday. The company has a current ratio of 2.16, a quick ratio of 1.23 and a debt-to-equity ratio of 0.21. The company’s fifty day moving average price is $110.85 and its two-hundred day moving average price is $111.36. Mohawk Industries, Inc. has a 1-year low of $92.99 and a 1-year high of $143.13. The company has a market cap of $7.28 billion, a price-to-earnings ratio of 17.91, a PEG ratio of 2.81 and a beta of 1.18.

Mohawk Industries (NYSE:MHK) last released its quarterly earnings data on Thursday, July 30th. The company reported $3.67 earnings per share for the quarter, beating analysts’ consensus estimates of $2.58 by $1.09. The firm had revenue of $2.99 billion for the quarter, compared to analyst estimates of $2.79 billion. Mohawk Industries had a net margin of 3.77% and a return on equity of 6.96%. The business’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period last year, the firm earned $2.77 earnings per share. Mohawk Industries has set its Q3 2026 guidance at 2.380-2.480 EPS. On average, analysts expect that Mohawk Industries, Inc. will post 8.67 EPS for the current fiscal year.

Mohawk Industries Company 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.