Mohawk Industries (MHK) – Research Analysts’ Weekly Ratings Updates

Mohawk Industries (NYSE: MHK) has recently received a number of price target changes and ratings updates:

• 2/10/2025 – Mohawk Industries had its “strong-buy” rating reaffirmed by analysts at Raymond James. They now have a $165.00 price target on the stock, down previously from $185.00.
• 2/10/2025 – Mohawk Industries had its price target lowered by analysts at JPMorgan Chase & Co. from $161.00 to $156.00. They now have an “overweight” rating on the stock.
• 2/10/2025 – Mohawk Industries had its price target lowered by analysts at Robert W. Baird from $160.00 to $152.00. They now have an “outperform” rating on the stock.
• 2/10/2025 – Mohawk Industries had its price target lowered by analysts at Evercore ISI from $150.00 to $140.00. They now have an “in-line” rating on the stock.
• 2/10/2025 – Mohawk Industries had its price target lowered by analysts at Barclays PLC from $130.00 to $125.00. They now have an “equal weight” rating on the stock.
• 2/10/2025 – Mohawk Industries had its price target lowered by analysts at Loop Capital from $180.00 to $155.00. They now have a “buy” rating on the stock.
• 2/10/2025 – Mohawk Industries had its price target lowered by analysts at Truist Financial Co. from $155.00 to $148.00. They now have a “buy” rating on the stock.
• 2/10/2025 – Mohawk Industries had its price target lowered by analysts at Bank of America Co. from $152.00 to $150.00. They now have a “buy” rating on the stock.
• 2/7/2025 – Mohawk Industries was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 2/4/2025 – Mohawk Industries had its price target lowered by analysts at Wells Fargo & Company from $135.00 to $130.00. They now have an “equal weight” rating on the stock.
• 1/21/2025 – Mohawk Industries was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 1/16/2025 – Mohawk Industries had its price target lowered by analysts at Barclays PLC from $141.00 to $130.00. They now have an “equal weight” rating on the stock.
• 1/14/2025 – Mohawk Industries had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $170.00 to $145.00. They now have a “buy” rating on the stock.
• 1/10/2025 – Mohawk Industries was upgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating. They now have a $161.00 price target on the stock, up previously from $151.00.
• 1/9/2025 – Mohawk Industries was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 1/8/2025 – Mohawk Industries was upgraded by analysts at Wolfe Research from a “peer perform” rating to an “outperform” rating. They now have a $150.00 price target on the stock.

Mohawk Industries Price Performance

Mohawk Industries stock opened at $115.36 on Tuesday. Mohawk Industries, Inc. has a 52-week low of $104.88 and a 52-week high of $164.29. The firm has a market capitalization of $7.28 billion, a price-to-earnings ratio of 14.19, a PEG ratio of 1.44 and a beta of 1.41. The company has a fifty day simple moving average of $121.46 and a 200-day simple moving average of $138.04. The company has a quick ratio of 1.12, a current ratio of 2.06 and a debt-to-equity ratio of 0.22.

Mohawk Industries (NYSE:MHK) last released its earnings results on Thursday, February 6th. The company reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.85 by $0.10. Mohawk Industries had a net margin of 4.78% and a return on equity of 8.04%. On average, equities analysts anticipate that Mohawk Industries, Inc. will post 9.8 EPS for the current fiscal year.

Insider Activity at Mohawk Industries

In related news, insider Suzanne L. Helen sold 2,000 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $135.48, for a total value of $270,960.00. Following the completion of the sale, the insider now owns 2,453 shares of the company’s stock, valued at approximately $332,332.44. This represents a 44.91 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Over the last quarter, insiders sold 19,078 shares of company stock valued at $2,474,347. 17.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Forum Financial Management LP acquired a new position in Mohawk Industries in the fourth quarter valued at about $273,000. Toronto Dominion Bank lifted its position in shares of Mohawk Industries by 2.9% during the fourth quarter. Toronto Dominion Bank now owns 20,997 shares of the company’s stock worth $2,501,000 after purchasing an additional 583 shares in the last quarter. CSS LLC IL lifted its position in shares of Mohawk Industries by 67.1% during the fourth quarter. CSS LLC IL now owns 7,245 shares of the company’s stock worth $863,000 after purchasing an additional 2,910 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Mohawk Industries by 11.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 192,802 shares of the company’s stock worth $22,969,000 after purchasing an additional 20,455 shares in the last quarter. Finally, Union Square Park Capital Management LLC lifted its position in shares of Mohawk Industries by 50.0% during the fourth quarter. Union Square Park Capital Management LLC now owns 30,000 shares of the company’s stock worth $3,574,000 after purchasing an additional 10,000 shares in the last quarter. Institutional investors and hedge funds own 78.98% of the company’s stock.

Mohawk Industries, Inc designs, manufactures, sources, distributes, and markets flooring products for residential and commercial remodeling, and new construction channels in the United States, Europe, Latin America, and internationally. It operates through three segments: Global Ceramic, Flooring North America, and Flooring Rest of the World.