Mueller IndustriesMLI
Market Cap: $8.14B
About: Mueller Industries Inc makes copper, brass, aluminum, and plastic products. The company reports three business segments: piping systems, industrial metals, and climate. Piping systems, earning majority of the company's revenue, produces tubes, fittings, rods, valves, and other products and operates various firms world-wide. The industrial metals segment manufactures impacts and micro-gauge, brass rod and copper bar products, and brass value-added products. The climate segment produces items used to create temperature-control goods, including valves, twisted tubes, coaxial heat exchangers, and others. Numerous systems use the aforementioned products, including HVAC, water distribution, refrigeration, and automotive.
Employees: 4,509
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
33% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 46
11% more repeat investments, than reductions
Existing positions increased: 159 | Existing positions reduced: 143
5% more capital invested
Capital invested by funds: $5.69B [Q1] → $5.97B (+$287M) [Q2]
4% more funds holding
Funds holding: 409 [Q1] → 424 (+15) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 4 (+0) [Q2]
0.41% less ownership
Funds ownership: 92.76% [Q1] → 92.36% (-0.41%) [Q2]
60% less call options, than puts
Call options by funds: $4.88M | Put options by funds: $12.3M
Research analyst outlook
We haven’t received any recent analyst ratings for MLI.