Mueller Industries
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
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 10 (+5) [Q4]
85% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 46
14% more call options, than puts
Call options by funds: $11.5M | Put options by funds: $10.1M
6% more funds holding
Funds holding: 475 [Q3] → 502 (+27) [Q4]
5% more capital invested
Capital invested by funds: $7.74B [Q3] → $8.15B (+$409M) [Q4]
4% less repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 181
1.94% less ownership
Funds ownership: 92.19% [Q3] → 90.25% (-1.94%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for MLI.
Financial journalist opinion
Based on 3 articles about MLI published over the past 30 days
Neutral
Business Wire
1 day ago
Mueller Industries, Inc. Announces 25 Percent Increase in Quarterly Dividend
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--For the fifth consecutive year, Mueller Industries, Inc. (NYSE: MLI) has announced a double digit increase to its quarterly dividend. The Board of Directors has declared a regular quarterly cash dividend of $.25 per share, to be paid on March 28, 2025 to stockholders of record as of the close of business on March 14, 2025. This represents a 25 percent increase over the 2024 quarterly dividend. Mueller Industries, Inc. (NYSE: MLI) is an industrial corporatio.
Neutral
Business Wire
2 weeks ago
Mueller Industries, Inc. Reports Fiscal 2024 Fourth Quarter and Full Year Results
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) today reported 2024 fourth quarter and full year results. For the Fourth Quarter 2024 versus Fourth Quarter 2023: • Net sales: $923.5 million vs. $732.4 million, up 26.1%. • Operating income: $170.3 million vs. $135.2 million, up 26.0%. • Net income: $137.7 million vs. $119.2 million, up 15.4%. • Diluted EPS: $1.21 vs. $1.05, up 15.2%. For the Full Year 2024 versus the Full Year 2023: • Net sales: $3.8 billion vs. $3.4 b.
Negative
Seeking Alpha
3 weeks ago
Mueller Industries Earnings Preview: Outstanding Performance, Muddied By Uncertainty
Mueller Industries, Inc. is expected to report Q4 and full-year 2024 results with $1.12 EPS and $893M in revenues, reflecting a 22% y/y growth. Analysts often underestimate MLI's potential; the company has consistently beaten EPS estimates, suggesting a likelihood of positive surprises. Concerns include potential margin declines, election-related uncertainties, and the impact of domestic manufacturing policies on costs and international growth.
Neutral
GlobeNewsWire
2 months ago
North America Plumbing Parts Market Research Report 2024-2029, with Key Vendor Analysis of Central States Industrial, McWane, Morris Group, Mueller Industries Reliance Worldwide and Uponor
Rise in Remodelling & Renovating Activities and Government Investments in Infrastructure Drives Market Growth Rise in Remodelling & Renovating Activities and Government Investments in Infrastructure Drives Market Growth
Neutral
PRNewsWire
3 months ago
Texas Pacific Land Set to Join S&P 500, Mueller Industries to Join S&P MidCap 400 and Atlas Energy Solutions to Join S&P SmallCap 600
NEW YORK , Nov. 21, 2024 /PRNewswire/ -- S&P MidCap 400 constituent Texas Pacific Land Corp. (NYSE: TPL) will replace Marathon Oil Corp. (NYSE: MRO) in the S&P 500, S&P SmallCap 600 constituent Mueller Industries Inc. (NYSE: MLI) will replace Texas Pacific Land in the S&P MidCap 400, and Atlas Energy Solutions Inc. (NYSE: AESI) will replace Mueller Industries in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, November 26. S&P 500 & 100 constituent ConocoPhillips (NYSE: COP) is acquiring Marathon Oil in a deal expected to close November 22, pending final closing conditions.
Neutral
Benzinga
3 months ago
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.
Neutral
Business Wire
3 months ago
Mueller Industries, Inc. Declares Cash Dividend for Fourth Quarter
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a regular cash dividend on its common stock of 20 cents per share. The dividend will be paid on December 20, 2024 to shareholders of record on December 6, 2024. Mueller Industries, Inc. (NYSE: MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservatio.
Neutral
Business Wire
4 months ago
Mueller Industries, Inc. Reports Third Quarter 2024 Earnings
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announces results for the third quarter of 2024. Comparisons are to the third quarter of 2023. Net Sales of $997.8 million versus $819.8 million Operating Income of $206.7 million versus $181.0 million Earnings Before Taxes of $217.8 million versus $189.0 million Net Income of $168.7 million versus $132.7 million Diluted EPS of $1.48 versus $1.171 Third Quarter Financial and Operating Highlights: COMEX copper averaged $4.
Positive
Seeking Alpha
4 months ago
Mueller Industries: A Wonderful Company At A Fair Price
Mueller Industries has delivered over 487% TSR in five years, significantly outperforming the SPY, and remains attractively valued with strong profitability and returns. Revenues grew from $2.43B in 2019 to $3.4B TTM, with NOPAT compounding at 32% annually, boosting ROIC from 8.9% to 25%. Management has created $1.77B in shareholder value since 2019, but recent declines in NOPAT margins and FCF warrant close monitoring.
Positive
The Motley Fool
5 months ago
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