Why Mohawk Industries (MHK) Stock Is Up Today

Mohawk Industries (MHK) is up 3.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely catalyst is a strong second-quarter earnings report that beat Wall Street expectations on both profit and revenue. Management also said results were helped by volume growth, pricing, better product mix, productivity gains, and tariff refunds, which together appear to have driven the stock higher.

Details:

Mohawk reported second-quarter 2026 adjusted EPS of $3.67, well above the $2.58 consensus figure.

Revenue came in at $2.99 billion, topping the $2.79 billion expectation and rising 6.8% from a year earlier.

Management said second-quarter performance significantly exceeded its own expectations, with growth supported by new product placements, customer restocking ahead of price increases, and share gains in several regions.

The quarter included an approximate $0.63 per-share benefit from tariff refunds, which added to earnings upside and likely amplified the positive market reaction.

Sources:

Mohawk Industries investor relations, MarketBeat, GlobeNewswire

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 36 times in the past 6 months. Of those trades, 0 have been purchases and 36 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 53,761 shares for an estimated $5,814,879.
JEFFREY S LORBERBAUM (CHIEF EXECUTIVE OFFICER) has made 0 purchases and 4 sales selling 10,000 shares for an estimated $1,087,012.
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 insider transaction endpoint.

$MHK Hedge Fund Activity

We have seen 258 institutional investors add shares of $MHK stock to their portfolio, and 199 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

AQR CAPITAL MANAGEMENT LLC added 2,467,700 shares (+134.9%) to their portfolio in Q1 2026, for an estimated $242,969,741
BRANDES INVESTMENT PARTNERS, LP added 1,515,848 shares (+137.5%) to their portfolio in Q1 2026, for an estimated $149,250,394
APPALOOSA LP removed 675,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $66,460,499
STEADFAST CAPITAL MANAGEMENT LP removed 497,229 shares (-47.8%) from their portfolio in Q1 2026, for an estimated $48,957,167
FMR LLC added 398,324 shares (+20.7%) to their portfolio in Q1 2026, for an estimated $39,218,981
AMERICAN CENTURY COMPANIES INC removed 377,983 shares (-36.4%) from their portfolio in Q1 2026, for an estimated $37,216,206
UBS GROUP AG added 372,662 shares (+164.1%) to their portfolio in Q1 2026, for an estimated $36,692,300

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 13F endpoint.

$MHK Government Contracts

We have seen $1,000 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:

AIR FORCE CARPET II PROGRAM: $1,000

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$MHK Analyst Ratings

Wall Street analysts have issued reports on $MHK in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

JP Morgan issued a "Overweight" rating on 05/06/2026

To track analyst ratings and price targets for $MHK, check out Quiver Quantitative's $MHK forecast page.

$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 $117.0.

Here are some recent targets:

Michael Rehaut from JP Morgan set a target price of $138.0 on 05/06/2026
Keith Hughes from Truist Securities set a target price of $135.0 on 05/05/2026
Timothy Wojs from Baird set a target price of $112.0 on 05/04/2026
Stephen Kim from Evercore ISI Group set a target price of $110.0 on 05/04/2026
Rafe Jadrosich from B of A Securities set a target price of $122.0 on 04/20/2026
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

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.