Mohawk Industries slides as investors digest Q1 results and cautious demand commentary

Mohawk Industries (MHK) is down 5.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to the company’s first-quarter 2026 earnings release and outlook commentary, where profit improved but demand signals remained mixed. Investors may be focusing on a modest revenue shortfall versus expectations, weaker underlying trends after adjusting for calendar/FX effects, and cautious end-market commentary around housing and remodeling.

Details:

Mohawk reported Q1 2026 EPS of $1.90 on net sales of about $2.73 billion, with net sales up on a reported basis but down 2.6% when adjusted for constant days and exchange rates.

Management highlighted that new home construction remained soft and that consumers continued to defer home purchases and remodeling projects amid economic uncertainty.

The company guided Q2 2026 adjusted EPS to $2.50–$2.60 (excluding restructuring and other one-time charges), which may have been viewed as conservative versus some market expectations.

Mohawk also noted increased volatility in global energy markets tied to an intensified Middle East conflict, which it said could pressure consumer sentiment and discretionary spending.

Sources:

Company press release / SEC filing, Associated Press, Zacks

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$MHK Insider Trading Activity

$MHK insiders have traded $MHK stock on the open market 32 times in the past 6 months. Of those trades, 0 have been purchases and 32 have been sales.

Here’s a breakdown of recent trading of $MHK stock by insiders over the last 6 months:

SUZANNE L HELEN has made 0 purchases and 31 sales selling 34,400 shares for an estimated $3,666,746.
JAMES BRUNK (Chief Financial Officer) sold 4,175 shares for an estimated $524,338

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.

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$MHK Hedge Fund Activity

We have seen 228 institutional investors add shares of $MHK stock to their portfolio, and 283 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

BLACKROCK, INC. added 2,782,638 shares (+81.1%) to their portfolio in Q4 2025, for an estimated $304,142,333
INVESCO LTD. removed 1,349,439 shares (-84.8%) from their portfolio in Q4 2025, for an estimated $147,493,682
CITADEL ADVISORS LLC removed 1,190,233 shares (-96.8%) from their portfolio in Q4 2025, for an estimated $130,092,466
VANGUARD GROUP INC removed 626,481 shares (-10.4%) from their portfolio in Q4 2025, for an estimated $68,474,373
APPALOOSA LP added 513,500 shares (+318.0%) to their portfolio in Q4 2025, for an estimated $56,125,550
QUBE RESEARCH & TECHNOLOGIES LTD added 490,872 shares (+645.7%) to their portfolio in Q4 2025, for an estimated $53,652,309
TWO SIGMA INVESTMENTS, LP added 488,732 shares (+inf%) to their portfolio in Q4 2025, for an estimated $53,418,407

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

$MHK Government Contracts

We have seen $73,360 of award payments to $MHK over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

BT592 PROSIGNS 24"X24" CARPET TILE - ECOFLEX MATRIX BACKING: $35,151
COMMERCIAL CARPETING WITH ANCILLARY SUPPLIES AND INSTALLATION SERVICES: $24,201
MN-FERGUS FALLS WMD- CARPET TILE: $13,007
AIR FORCE CARPET II PROGRAM: $1,000

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

$MHK Price Targets

Multiple analysts have issued price targets for $MHK recently. We have seen 8 analysts offer price targets for $MHK in the last 6 months, with a median target of $120.0.

Here are some recent targets:

Timothy Wojs from Baird set a target price of $118.0 on 04/21/2026
Rafe Jadrosich from B of A Securities set a target price of $122.0 on 04/20/2026
Stephen Kim from Evercore ISI Group set a target price of $112.0 on 04/13/2026
Matthew Bouley from Barclays set a target price of $96.0 on 04/08/2026
Sam Reid from Wells Fargo set a target price of $105.0 on 04/08/2026
Keith Hughes from Truist Securities set a target price of $155.0 on 02/17/2026
Mike Dahl from RBC Capital set a target price of $135.0 on 02/17/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.