Mueller Industries delivered strong Q1 results, with net sales up 19% year-over-year and notable margin expansion. MLI's operating margin improvement was partly boosted by a one-time $41.4M gain; underlying margin gains remain solid but less dramatic. The company maintains a fortress balance sheet with $1.38B cash, no long-term debt, and ongoing share buybacks and dividend increases.
CPC Advisors LLC decreased its holdings in Mueller Industries, Inc. (NYSE: MLI) by 6.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 60,980 shares of the industrial products company's stock after selling 4,086 shares during the quarter. CPC Advisors LLC
Algert Global LLC cut its stake in shares of Mueller Industries, Inc. (NYSE: MLI) by 10.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 384,716 shares of the industrial products company's stock after selling 44,116 shares during the period. Mueller Industries makes
| Metals & Mining Industry | Materials Sector | Gregory L. Christopher CEO | XDUS Exchange | US6247561029 ISIN |
| US Country | 5,168 Employees | 5 Jun 2026 Last Dividend | 23 Oct 2023 Last Split | 25 Feb 1991 IPO Date |
Mueller Industries, Inc., with its foundation laid in 1917, has established itself as a prominent manufacturer and distributor of copper, brass, aluminum, and plastic products, catering to a global market that includes the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. The company’s operations are diversified across three primary segments: Piping Systems, Industrial Metals, and Climate, each targeting specific market needs and delivering specialized products. Headquartered in Collierville, Tennessee, Mueller Industries has well-positioned itself as a key supplier for various industries, including plumbing, refrigeration, HVAC, industrial, construction, and manufacturing, by leveraging its extensive product range and international presence.
This segment focuses on the manufacturing and selling of copper tubes, fittings, line sets, and pipe nipples. In addition, it offers steel pipes, brass and plastic plumbing valves, malleable iron fittings and faucets, and various plumbing specialties. Moreover, it supplies water tubes and operates as a primary source for wholesalers in the plumbing and refrigeration markets, distributors to manufactured housing and recreational vehicle industries, building material retailers, and air-conditioning OEMs.
Specializing in the production of brass, bronze, and copper alloy rods, this segment also covers the manufacturing of plumbing brass, valves, fittings, gas assemblies, cold-form aluminum and copper products, and the machining of metals including aluminum, steel, and brass. Brass and aluminum forgings, valves across materials, fluid control solutions, and gas train assemblies are also key offerings, catered primarily to OEMs within the industrial, construction, HVAC, plumbing, and refrigeration markets.
This segment delivers a broad range of products aimed at commercial HVAC and refrigeration markets, encompassing valves, protection devices, brass fittings, high-pressure components and accessories for air-conditioning and refrigeration, coaxial heat exchangers, and twisted tubes for various applications including HVAC, geothermal, swimming pool heat pump, marine, ice machine, commercial boiler, and heat reclamation markets. Additionally, it offers insulated HVAC flexible duct systems, emphasizing Mueller Industries' focus on climate control solutions.