Mohawk Industries (NYSE:MHK) Stock Price Expected to Rise, Truist Financial Analyst Says

Mohawk Industries (NYSE:MHK) had its price objective increased by stock analysts at Truist Financial from $148.00 to $155.00 in a research note issued on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Truist Financial’s target price would suggest a potential upside of 18.15% from the stock’s previous close.

Several other brokerages also recently issued reports on MHK. Royal Bank Of Canada raised their price target on Mohawk Industries from $122.00 to $135.00 and gave the company a “sector perform” rating in a research report on Tuesday. Barclays set a $121.00 target price on Mohawk Industries in a research note on Monday, December 8th. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $150.00 price target (up from $140.00) on shares of Mohawk Industries in a research report on Tuesday, October 21st. Wells Fargo & Company increased their price objective on Mohawk Industries from $110.00 to $125.00 and gave the company a “cautious” rating in a research report on Wednesday, February 11th. Finally, UBS Group restated a “neutral” rating and issued a $140.00 price objective on shares of Mohawk Industries in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $137.64.

Mohawk Industries Stock Down 0.5%

Shares of Mohawk Industries stock opened at $131.19 on Tuesday. Mohawk Industries has a 12-month low of $96.24 and a 12-month high of $143.13. The company has a quick ratio of 1.21, a current ratio of 2.19 and a debt-to-equity ratio of 0.21. The stock has a 50 day moving average price of $119.00 and a two-hundred day moving average price of $121.18. The stock has a market capitalization of $8.11 billion, a P/E ratio of 22.16, a PEG ratio of 3.69 and a beta of 1.23.

Mohawk Industries (NYSE:MHK) last issued its quarterly earnings data on Thursday, February 12th. The company reported $2.00 earnings per share for the quarter, topping analysts’ consensus estimates of $1.98 by $0.02. Mohawk Industries had a net margin of 3.43% and a return on equity of 6.80%. The business had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.68 billion. During the same period in the previous year, the company earned $1.95 earnings per share. Mohawk Industries’s revenue for the quarter was up 2.4% on a year-over-year basis. Mohawk Industries has set its Q1 2026 guidance at 1.750-1.850 EPS. Equities analysts expect that Mohawk Industries will post 9.8 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Suzanne L. Helen sold 3,500 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $110.36, for a total transaction of $386,260.00. Following the completion of the transaction, the insider directly owned 70,593 shares of the company’s stock, valued at approximately $7,790,643.48. This trade represents a 4.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 14,485 shares of company stock valued at $1,604,006 over the last three months. 17.40% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Root Financial Partners LLC bought a new stake in shares of Mohawk Industries in the 3rd quarter valued at approximately $25,000. Bayforest Capital Ltd acquired a new stake in Mohawk Industries in the 4th quarter valued at $27,000. MTM Investment Management LLC bought a new stake in Mohawk Industries in the second quarter valued at $28,000. Global Retirement Partners LLC grew its position in Mohawk Industries by 950.0% in the fourth quarter. Global Retirement Partners LLC now owns 252 shares of the company’s stock valued at $28,000 after acquiring an additional 228 shares during the period. Finally, Transamerica Financial Advisors LLC raised its stake in Mohawk Industries by 216.1% during the fourth quarter. Transamerica Financial Advisors LLC now owns 275 shares of the company’s stock worth $30,000 after acquiring an additional 188 shares in the last quarter. Institutional investors and hedge funds own 78.98% of the company’s stock.

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.