Mohawk Industries, Inc. $MHK Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. decreased its position in Mohawk Industries, Inc. (NYSE:MHK) by 10.4% during the 4th quarter, Holdings Channel reports. The firm owned 5,399,358 shares of the company’s stock after selling 626,481 shares during the quarter. Vanguard Group Inc. owned about 0.09% of Mohawk Industries worth $590,150,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of MHK. AEGON ASSET MANAGEMENT UK Plc bought a new stake in Mohawk Industries during the third quarter worth $20,054,000. Wilsey Asset Management Inc. grew its holdings in Mohawk Industries by 11.5% during the fourth quarter. Wilsey Asset Management Inc. now owns 237,869 shares of the company’s stock worth $25,999,000 after buying an additional 24,621 shares in the last quarter. ARGA Investment Management LP grew its holdings in Mohawk Industries by 1,508.1% during the third quarter. ARGA Investment Management LP now owns 488,741 shares of the company’s stock worth $63,008,000 after buying an additional 458,349 shares in the last quarter. Schroder Investment Management Group grew its holdings in Mohawk Industries by 3.4% during the third quarter. Schroder Investment Management Group now owns 837,556 shares of the company’s stock worth $107,978,000 after buying an additional 27,888 shares in the last quarter. Finally, Tabor Asset Management LP grew its holdings in Mohawk Industries by 35.5% during the third quarter. Tabor Asset Management LP now owns 69,068 shares of the company’s stock worth $8,904,000 after buying an additional 18,088 shares in the last quarter. Institutional investors and hedge funds own 78.98% of the company’s stock.

Mohawk Industries Stock Performance

Shares of MHK opened at $95.00 on Tuesday. The stock’s 50-day simple moving average is $106.53 and its 200 day simple moving average is $113.30. The stock has a market capitalization of $5.81 billion, a price-to-earnings ratio of 14.24, a price-to-earnings-growth ratio of 2.01 and a beta of 1.20. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.23 and a current ratio of 2.16. Mohawk Industries, Inc. has a 52-week low of $93.60 and a 52-week high of $143.13.

Mohawk Industries (NYSE:MHK) last issued its quarterly earnings data on Thursday, April 30th. The company reported $1.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.10. Mohawk Industries had a return on equity of 6.96% and a net margin of 3.77%.The business had revenue of $2.73 billion for the quarter, compared to analysts’ expectations of $2.74 billion. During the same quarter in the prior year, the firm posted $1.52 EPS. The firm’s quarterly revenue was up 8.0% on a year-over-year basis. Mohawk Industries has set its Q2 2026 guidance at 2.500-2.600 EPS. Research analysts forecast that Mohawk Industries, Inc. will post 9.08 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on MHK shares. Evercore set a $110.00 price objective on Mohawk Industries in a research note on Monday. Wall Street Zen downgraded Mohawk Industries from a “buy” rating to a “hold” rating in a research note on Saturday, April 11th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Mohawk Industries in a research report on Monday, April 27th. Robert W. Baird dropped their price target on Mohawk Industries from $118.00 to $112.00 and set a “neutral” rating on the stock in a research report on Monday. Finally, Royal Bank Of Canada increased their price objective on Mohawk Industries from $122.00 to $135.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 17th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $126.64.

Insider Buying and Selling at Mohawk Industries

In other Mohawk Industries news, insider Suzanne L. Helen sold 3,000 shares of the firm’s stock in a transaction dated 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 owned 53,893 shares of the company’s stock, valued at $5,270,735.40. This trade represents a 5.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Over the last 90 days, insiders sold 12,000 shares of company stock valued at $1,246,336. Company insiders own 17.90% of the company’s stock.

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.