11 stories mentioning MHKUpdated 2m ago
Every FINWIRES story that references MHK, newest first.
Suzanne L Helen, Possible Member of Group, on June 12, 2026, sold 5,742 shares in Mohawk Industries (MHK) for $637,951. Following the Form 4 filing with the SEC, Helen has control over a total of 177,378 common shares of the company, with 177,378 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/851968/000127137326000007/xslF345X05/primary_doc.xml
Jeffrey S Lorberbaum, 10% Owner, Director, CEO, on June 12, 2026, sold 5,000 shares in Mohawk Industries (MHK) for $559,363. Following the Form 4 filing with the SEC, Lorberbaum has control over a total of 9,446,152 common shares of the company, with 85,389 shares held directly and 9,360,763 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/851968/000092517726000012/xslF345X05/edgardoc.xml
Suzanne L Helen, Possible Member of Group, on June 09, 2026, sold 6,575 shares in Mohawk Industries (MHK) for $697,152. Following the Form 4 filing with the SEC, Helen has control over a total of 183,120 common shares of the company, with 183,120 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/851968/000127137326000006/xslF345X05/primary_doc.xml
Suzanne L Helen, Possible Member of Group, on June 03, 2026, sold 2,844 shares in Mohawk Industries (MHK) for $300,458. Following the Form 4 filing with the SEC, Helen has control over a total of 189,695 common shares of the company, with 189,695 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/851968/000127137326000005/xslF345X05/primary_doc.xml
Jeffrey S Lorberbaum, 10% Owner, Director, CEO, on May 27, 2026, sold 5,000 shares in Mohawk Industries (MHK) for $527,650. Following the Form 4 filing with the SEC, Lorberbaum has control over a total of 9,451,152 common shares of the company, with 85,389 shares held directly and 9,365,763 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/851968/000092517726000010/xslF345X05/edgardoc.xml
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our 12-month price target to $109 from $132, 12.5x our 2026 EPS estimate of $8.71. We believe this premium multiple is justified by the long-term pent-up demand opportunity and the company's financial flexibility to navigate near-term energy cost pressures. We model a 30-bp operating margin decline in 2026 due to energy costs, which we expect will negate leverage benefits despite modest revenue growth. Our assumptions yield 2026 EPS of $8.71 (revised from $9.54) and 2027 EPS of $9.85 (revised from $10.89). The primary risk to our thesis is the potential for the current energy shock to extend into 2027, which would further weaken consumer demand and likely require downward revisions to future earnings. For now, we expect continued spending from wealthier consumers and a seesawing but present commercial demand to provide a floor for the business. This balance of near-term risk against long-term recovery potential keeps us on the sidelines, awaiting greater clarity on the macroeconomic environment.
Mohawk Industries (MHK) has an average rating of overweight and mean price target of $123.80, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $97.11, Change: $-2.82, Percent Change: -2.82%
Mohawk Industries (MHK) filed a registration statement Friday with the US Securities and Exchange Commission for the potential sale of the company's securities.The filing covers debt securities, common stock, preferred stock, depositary shares, warrants, purchase contracts, as well as units that may include these securities.Proceeds from the offering will be used for general corporate purposes such as working capital, capital expenditures, acquisitions of or investments in businesses or assets, repayment of borrowings, among others, according to the filing.Price: $101.84, Change: $-3.72, Percent Change: -3.52%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Q1 net sales of $2.7B ended near consensus, with 8% Y/Y growth aided by four additional shipping days, though adjusted sales declined 2.6% indicating underlying weakness. Adjusted EPS of $1.90 beat consensus of $1.81 and guidance of $1.85, driven by productivity, restructuring, and product mix improvements that offset cost inflation and lower volumes. However, we remain cautious as Flooring North America and Rest of World segments declined 4.1% and 4.4%, respectively, with competitive industry pricing pressuring margins despite operating margin expansion of 60 bps to 5.5%. Management's Q2 adjusted EPS guidance of $2.50-$2.60 missed prior consensus of $2.73, citing the Middle East conflict driving higher energy costs for key product inputs. MHK expects the full impact of raw material cost increases to flow through in 2H FY 26, suggesting initial margin pressure. Strong cash generation of $110.1M vs $3.7M prior year enabled $64M in share repurchases.
Mohawk Industries (MHK) has an average rating of overweight and mean price target of $128.47, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Mohawk Industries (MHK) has an average rating of overweight and mean price target of $131, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $106.89, Change: $-1.94, Percent Change: -1.79%
