Mueller Industries (NYSE:MLI) Posts Earnings Results

Mueller Industries (NYSE:MLI) announced its quarterly earnings results on Tuesday. The industrial products company reported $1.00 earnings per share for the quarter, missing analysts’ consensus estimates of $1.08 by ($0.08), Zacks reports. The company had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.28 billion. Mueller Industries had a return on equity of 25.68% and a net margin of 18.25%. Mueller Industries’s quarterly revenue was up 31.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.88 EPS.

Mueller Industries Stock Performance

Shares of MLI opened at $56.61 on Wednesday. The company has a 50-day simple moving average of $61.95 and a 200-day simple moving average of $63.58. Mueller Industries has a 52 week low of $49.51 and a 52 week high of $71.12. The firm has a market capitalization of $12.52 billion, a P/E ratio of 14.74 and a beta of 1.08.

Mueller Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Friday, September 4th were issued a dividend of $0.1750 per share. The ex-dividend date was Friday, September 4th. This represents a $0.70 annualized dividend and a dividend yield of 1.2%. Mueller Industries’s payout ratio is presently 18.23%.

Insider Buying and Selling

In other news, Director John B. Hansen sold 1,000 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $68.13, for a total value of $68,130.00. Following the sale, the director owned 29,000 shares of the company’s stock, valued at $1,975,770. The trade was a 3.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Scott Goldman sold 2,000 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $64.08, for a total transaction of $128,160.00. Following the completion of the transaction, the director owned 79,734 shares in the company, valued at approximately $5,109,354.72. This represents a 2.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 275,444 shares of company stock valued at $18,885,398 over the last three months. 2.30% of the stock is owned by corporate insiders.

Mueller Industries News Roundup

Here are the key news stories impacting Mueller Industries this week:

• Positive Sentiment: Third-quarter revenue rose 31.6% year over year to $1.42 billion, exceeding analysts’ expectations of approximately $1.28–$1.29 billion. Operating cash flow reached $337 million, while cash and short-term investments totaled $1.48 billion. Mueller Industries third-quarter results
• Positive Sentiment: Mueller repurchased 3.2 million shares for $201.9 million during the quarter, providing shareholder support. Higher copper prices also contributed to the substantial sales increase. Mueller Industries Q3 revenue report
• Neutral Sentiment: Net income increased to $221.2 million from $208.1 million a year earlier, and diluted EPS was $1.00. However, reported per-share comparisons were affected by the company’s two-for-one stock split effective June 30, 2026. Mueller Industries fiscal Q3 earnings
• Negative Sentiment: Adjusted EPS of $1.00 missed the consensus estimate of $1.08 by $0.08, despite the revenue beat. The earnings shortfall is the main catalyst pressuring the stock, suggesting that stronger sales did not translate into equivalent profit growth. Mueller Industries shares fall after earnings miss
• Negative Sentiment: Insider trading data showed seven insider sales and no purchases over the past six months, including sizable sales by the chief executive and chief financial officer. This may add to investor caution, although the transactions are not necessarily related to the quarterly results. Mueller Industries insider activity

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Wall Street Zen lowered Mueller Industries from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 25th. Weiss Ratings restated a “buy (b)” rating on shares of Mueller Industries in a report on Thursday, October 15th. Finally, Northcoast Research upgraded Mueller Industries from a “neutral” rating to a “buy” rating and set a $75.00 target price for the company in a report on Thursday, July 16th. Two analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $75.00.

About Mueller Industries

Mueller Industries, Inc is a manufacturer of metal and plastic products used in plumbing, heating, ventilation, air conditioning, refrigeration, fire protection, water distribution, and industrial applications. Its product portfolio includes copper, brass, aluminum, and steel tubing; fittings; valves; copper and plastic piping systems; and related components.

The company sells products primarily through wholesale distributors, original equipment manufacturers, building-supply outlets, and other industrial channels.