Mohawk IndustriesMHK
Market Cap: $9.34B
About: Mohawk Industries Inc manufactures a wide range of flooring products, including carpets, rugs, ceramic tile, laminate, wood, luxury vinyl tile, and vinyl flooring. Its operating segments include Global Ceramic, Flooring North America, and Flooring Rest of the World. The company generates maximum revenue from the Global Ceramic segment. Geographically, it derives a majority of its revenue from the United States.
Employees: 43,300
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
69% more call options, than puts
Call options by funds: $58.5M | Put options by funds: $34.5M
38% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 42
12% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 136
4% more funds holding
Funds holding: 414 [Q1] → 430 (+16) [Q2]
0.16% less ownership
Funds ownership: 79.15% [Q1] → 78.99% (-0.16%) [Q2]
13% less capital invested
Capital invested by funds: $6.59B [Q1] → $5.74B (-$842M) [Q2]
14% less funds holding in top 10
Funds holding in top 10: 14 [Q1] → 12 (-2) [Q2]
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
JP Morgan Michael Rehaut 64% 1-year accuracy 9 / 14 met price target | 5%upside $155 | Neutral Maintained | 2 Aug 2024 |
Loop Capital Laura Champine 52% 1-year accuracy 11 / 21 met price target | 25%upside $185 | Buy Maintained | 29 Jul 2024 |
Barclays Matthew Bouley 75% 1-year accuracy 53 / 71 met price target | 9%upside $161 | Equal-Weight Maintained | 29 Jul 2024 |
Goldman Sachs Susan Maklari 66% 1-year accuracy 23 / 35 met price target | 25%upside $185 | Buy Maintained | 29 Jul 2024 |
RBC Capital Michael Dahl 0 / 0 met price target | 5%downside $140 | Sector Perform Maintained | 29 Jul 2024 |
Financial journalist opinion
Based on 4 articles about MHK published over the past 30 days