Eurizon Capital SGR S.p.A. Purchases New Shares in Mohawk Industries, Inc. $MHK

Eurizon Capital SGR S.p.A. purchased a new stake in shares of Mohawk Industries, Inc. (NYSE:MHK) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 98,683 shares of the company’s stock, valued at approximately $10,786,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Public Employees Retirement System of Ohio raised its holdings in Mohawk Industries by 0.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 17,254 shares of the company’s stock valued at $2,224,000 after buying an additional 100 shares during the period. EverSource Wealth Advisors LLC raised its holdings in Mohawk Industries by 7.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,569 shares of the company’s stock valued at $171,000 after buying an additional 105 shares during the period. AlphaQuest LLC raised its holdings in Mohawk Industries by 4.2% during the 3rd quarter. AlphaQuest LLC now owns 2,774 shares of the company’s stock valued at $358,000 after buying an additional 113 shares during the period. Signaturefd LLC raised its holdings in Mohawk Industries by 20.7% during the 4th quarter. Signaturefd LLC now owns 671 shares of the company’s stock valued at $73,000 after buying an additional 115 shares during the period. Finally, Hantz Financial Services Inc. raised its holdings in Mohawk Industries by 4.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,912 shares of the company’s stock valued at $375,000 after buying an additional 116 shares during the period. Hedge funds and other institutional investors own 78.98% of the company’s stock.

Insiders Place Their Bets

In other news, insider Suzanne L. Helen sold 5,658 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $105.19, for a total transaction of $595,165.02. Following the transaction, the insider owned 61,935 shares of the company’s stock, valued at approximately $6,514,942.65. This represents a 8.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Jeffrey S. Lorberbaum sold 5,000 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $105.53, for a total value of $527,650.00. Following the transaction, the chief executive officer directly owned 25,000 shares in the company, valued at $2,638,250. The trade was a 16.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 16,700 shares of company stock worth $1,736,819 in the last three months. Corporate insiders own 17.90% of the company’s stock.

Mohawk Industries Stock Performance

Shares of Mohawk Industries stock opened at $107.63 on Monday. The stock’s fifty day moving average is $101.98 and its two-hundred day moving average is $110.96. The company has a market capitalization of $6.56 billion, a PE ratio of 16.14, a price-to-earnings-growth ratio of 2.66 and a beta of 1.20. The company has a quick ratio of 1.23, a current ratio of 2.16 and a debt-to-equity ratio of 0.21. Mohawk Industries, Inc. has a 52 week low of $92.99 and a 52 week high of $143.13.

Mohawk Industries (NYSE:MHK) last announced its quarterly earnings data on Thursday, April 30th. The company reported $1.90 EPS for the quarter, beating the consensus estimate of $1.80 by $0.10. Mohawk Industries had a return on equity of 6.96% and a net margin of 3.77%.The company had revenue of $2.73 billion for the quarter, compared to the consensus estimate of $2.74 billion. During the same quarter in the prior year, the company posted $1.52 EPS. Mohawk Industries’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. As a group, analysts expect that Mohawk Industries, Inc. will post 8.67 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have commented on MHK. Wells Fargo & Company cut their price objective on Mohawk Industries from $125.00 to $105.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 8th. Evercore set a $110.00 price objective on Mohawk Industries in a research report on Monday, May 4th. Robert W. Baird cut their price objective on Mohawk Industries from $118.00 to $112.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. Wall Street Zen raised Mohawk Industries from a “hold” rating to a “buy” rating in a research report on Saturday, May 16th. Finally, JPMorgan Chase & Co. cut their price objective on Mohawk Industries from $143.00 to $138.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $123.33.

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.