Mohawk Industries Slides as Housing Weakness and Pre-Earnings Caution Weigh on Shares

2026-10-19

Investivoq PriceTracker

Mohawk Industries (MHK) is down 3.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver was another weak read on housing demand landing on the same day, which is important for a flooring manufacturer tied to remodeling and new construction. The move may also reflect caution ahead of Mohawk’s October 29, 2026 third-quarter earnings report, especially after management previously warned that flooring market conditions would remain challenging and an analyst downgrade earlier this month highlighted demand and cost pressure. ([eyeonhousing.org](https://eyeonhousing.org/2026/10/19/))

Details:

A housing industry update released October 19 showed builder sentiment falling to a 14-year low, with pressure from rising mortgage rates, energy and material costs, and labor and lot issues. That kind of backdrop can weigh on expectations for flooring demand. ([eyeonhousing.org](https://eyeonhousing.org/2026/10/19/))

Mohawk said in its second-quarter release that residential channels remained soft, new home construction was pressured, and existing home sales were being hurt by affordability challenges. ([ir.mohawkind.com](https://ir.mohawkind.com/news-releases/news-release-details/mohawk-industries-reports-q2-2026-results))

Management guided third-quarter adjusted EPS to $2.50 to $2.60 and said flooring market conditions were expected to remain challenging, with higher input costs likely to persist into the fourth quarter. ([ir.mohawkind.com](https://ir.mohawkind.com/news-releases/news-release-details/mohawk-industries-reports-q2-2026-results))

The company also confirmed that third-quarter results are scheduled for October 29, 2026, which can increase investor caution when macro data turns weaker close to an earnings date. ([mohawkind.gcs-web.com](https://mohawkind.gcs-web.com/news-releases/news-release-details/mohawk-industries-inc-invites-you-join-its-third-quarter-0))

Sources:

Mohawk Industries, National Association of Home Builders, Investing.com

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 58 times in the past 6 months. Of those trades, 0 have been purchases and 58 have been sales.

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

JEFFREY S LORBERBAUM (CHIEF EXECUTIVE OFFICER) has made 0 purchases and 38 sales selling 160,578 shares for an estimated $20,522,431.
SUZANNE L HELEN has made 0 purchases and 18 sales selling 45,561 shares for an estimated $5,231,048.
BERNARD THIERS sold 13,393 shares for an estimated $1,807,787
DAVID LEE REPP (SVP-CAO & CORPORATE CONTROLLER) sold 225 shares for an estimated $29,382

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

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$MHK Hedge Fund Activity

We have seen 255 institutional investors add shares of $MHK stock to their portfolio, and 218 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

JPMORGAN CHASE & CO added 1,476,290 shares (+inf%) to their portfolio in Q2 2026, for an estimated $179,118,265
AMERICAN CENTURY COMPANIES INC added 615,111 shares (+93.2%) to their portfolio in Q2 2026, for an estimated $74,631,417
CANADA PENSION PLAN INVESTMENT BOARD added 595,115 shares (+832.3%) to their portfolio in Q2 2026, for an estimated $72,205,302
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 524,767 shares (+inf%) to their portfolio in Q2 2026, for an estimated $63,669,980
STEADFAST CAPITAL MANAGEMENT LP removed 501,069 shares (-92.3%) from their portfolio in Q2 2026, for an estimated $60,794,701
MASTERS CAPITAL MANAGEMENT LLC removed 400,000 shares (-80.0%) from their portfolio in Q2 2026, for an estimated $48,532,000
QUANTINNO CAPITAL MANAGEMENT LP added 373,739 shares (+217.3%) to their portfolio in Q2 2026, for an estimated $45,345,752

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

$MHK Government Contracts

We have seen $38,185 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 Investivoq's government contracts dashboard. You can access data on government contracts through the Investivoq 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 Investivoq's $MHK forecast page.

$MHK Price Targets

Multiple analysts have issued price targets for $MHK recently. We have seen 4 analysts offer price targets for $MHK in the last 6 months, with a median target of $123.5.

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

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