Paradice Investment Management Holds $28.73M Stake in Mohawk Industries (MHK)
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Paradice raised its Mohawk Industries position 10.8% to 262,872 shares — its 9th-largest holding — as analysts trim MHK price targets to a Hold consensus.
Paradice Investment Management LLC grew its position in Mohawk Industries, Inc. (NYSE: MHK) by 10.8% during the fourth quarter, according to its most recent SEC disclosure. The firm now owns 262,872 shares of the flooring giant after purchasing an additional 25,675 shares during the period. The stake is valued at approximately $28.73 million and represents about 0.43% of Mohawk Industries — and 5.6% of Paradice's portfolio, making MHK its 9th largest position.
Other institutional moves
Several large funds also adjusted their MHK exposure recently. Dimensional Fund Advisors LP lifted its stake by 1.2% to 3,085,012 shares ($397.7M). State Street Corp grew its position 2.1% to 1,915,831 shares ($200.9M). Massachusetts Financial Services Co. raised its holding 0.5% to 1,829,830 shares ($235.9M). AQR Capital Management increased its position 73.9% to 1,578,335 shares ($200.9M), while Pzena Investment Management nudged up 0.3% to 1,179,068 shares ($152.0M). Institutional investors and hedge funds collectively own 78.98% of Mohawk Industries.
Stock and earnings snapshot
MHK opened at $108.38 on Friday, with a market cap of $6.63 billion, a P/E of 18.31 and a beta of 1.24. The 52-week range is $94.56–$143.13. The 50-day moving average sits at $109.05 and the 200-day at $113.96. Debt-to-equity stands at 0.21, with a current ratio of 2.19.
In its Q4 results released February 12, Mohawk reported EPS of $2.00 (beating the $1.98 consensus) on revenue of $2.70 billion (+2.4% YoY, vs. $2.68B expected). Return on equity was 6.80% and net margin 3.43%. The company guided Q1 2026 EPS to $1.75–$1.85; full-year analyst expectations stand near $9.20.
Insider activity
Insider Suzanne L. Helen sold 3,000 shares on March 19 at an average price of $97.80 ($293,400 total), trimming her holding 5.27% to 53,893 shares. Insiders have offloaded 12,000 shares (~$1.25M) over the past 90 days. Insiders still own 17.90% of the company.
Analyst revisions
Sell-side sentiment has cooled. Barclays cut its price target to $96 from $121 (equal weight). Wells Fargo trimmed to $105 from $125 (equal weight). Bank of America reiterated neutral but lowered its target to $122 from $149. Wall Street Zen downgraded MHK from Buy to Hold. Robert W. Baird kept neutral but cut to $118 from $156. The consensus rating is Hold with an average target of $130.18.
Why it matters for ceramics
Mohawk Industries is one of the world's largest flooring manufacturers, with a vertically integrated platform spanning yarn, fiber, wood, laminate, luxury vinyl — and a sizable ceramic and porcelain tile division. Headquartered in Calhoun, Georgia and tracing its roots to 1878, Mohawk's capital flows and institutional positioning are a useful barometer for sentiment across the broader ceramic tile sector.