Northern Trust Corp Acquires 23,070 Shares of Mohawk Industries, Inc. (NYSE:MHK)

Northern Trust Corporation is a financial services company based in Chicago, Illinois, United States. The company provides various banking and investment services to individuals, businesses, and institutions worldwide. In the third quarter of 2021, Northern Trust Corp raised its holdings in Mohawk Industries, Inc., a leading manufacturer of residential and commercial flooring products, by 4.0%.

According to its most recent 13F filing with the Securities & Exchange Commission (SEC), Northern Trust Corp owned 597,546 shares of Mohawk Industries' stock after purchasing an additional 23,070 shares during the period. The company's holdings in Mohawk Industries represent approximately 1.0% of the total outstanding shares of the company.

Mohawk Industries, Inc. is headquartered in Calhoun, Georgia, United States, and operates through three segments: Flooring North America, Flooring South America, and International. The company's Flooring North America segment produces and sells residential and commercial flooring products in the United States and Canada. The Flooring South America segment produces and sells residential and commercial flooring products in Latin America. The International segment produces and sells residential and commercial flooring products in Europe, Asia, and other regions outside of North America and South America.

As of December 31, 2020, Mohawk Industries had total revenue of $4.8 billion and net income of $157 million. The company's stock is listed on the New York Stock Exchange under the symbol "MHK."