Mohawk Industries, Inc. $MHK Shares Acquired by Cwm LLC

Cwm LLC boosted its holdings in Mohawk Industries, Inc. (NYSE:MHK) by 173.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 42,507 shares of the company’s stock after purchasing an additional 26,984 shares during the period. Cwm LLC’s holdings in Mohawk Industries were worth $5,480,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. MTM Investment Management LLC acquired a new position in shares of Mohawk Industries in the 2nd quarter valued at approximately $28,000. Ossiam raised its holdings in Mohawk Industries by 131.6% in the second quarter. Ossiam now owns 915 shares of the company’s stock valued at $96,000 after acquiring an additional 520 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in Mohawk Industries by 837.1% in the second quarter. EverSource Wealth Advisors LLC now owns 1,087 shares of the company’s stock valued at $114,000 after acquiring an additional 971 shares in the last quarter. Rexford Capital Inc. bought a new position in Mohawk Industries during the 2nd quarter valued at $118,000. Finally, Mufg Securities Americas Inc. grew its holdings in Mohawk Industries by 23.9% during the 2nd quarter. Mufg Securities Americas Inc. now owns 1,150 shares of the company’s stock worth $121,000 after acquiring an additional 222 shares in the last quarter. 78.98% of the stock is currently owned by hedge funds and other institutional investors.

Mohawk Industries Price Performance

Shares of MHK opened at $109.64 on Wednesday. The company has a market cap of $6.78 billion, a P/E ratio of 16.32, a PEG ratio of 2.22 and a beta of 1.23. The stock has a fifty day moving average price of $111.62 and a 200 day moving average price of $118.00. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.25 and a quick ratio of 1.24. Mohawk Industries, Inc. has a 12 month low of $96.24 and a 12 month high of $143.13.

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

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Evercore ISI reduced their price target 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. Jefferies Financial Group cut their price objective on Mohawk Industries from $134.00 to $128.00 and set a “hold” rating on the stock in a research note on Monday, December 15th. Barclays set a $121.00 target price on Mohawk Industries in a research report on Monday, December 8th. Vertical Research started coverage on Mohawk Industries in a research report on Monday, October 20th. They set a “buy” rating on the stock. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Mohawk Industries in a research note on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Mohawk Industries has a consensus rating of “Moderate Buy” and an average price target of $135.79.

Insider Buying and Selling

In other news, insider Suzanne L. Helen sold 3,500 shares of Mohawk Industries stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $110.36, for a total transaction of $386,260.00. Following the sale, the insider owned 70,593 shares of the company’s stock, valued at approximately $7,790,643.48. The trade was a 4.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In the last ninety days, insiders have sold 17,600 shares of company stock valued at $1,945,754. 17.40% of the stock is currently owned by corporate 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.