Mueller Industries (NYSE:MLI – Get Free Report) is projected to post its Q2 2026 results before the market opens on Tuesday, July 21st. Analysts expect Mueller Industries to post earnings of $1.05 per share and revenue of $1.2660 billion for the quarter. Parties can check the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Tuesday, July 21, 2026 at 12:30 PM ET.
Mueller Industries (NYSE:MLI – Get Free Report) last announced its earnings results on Tuesday, April 21st. The industrial products company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.34. The business had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Mueller Industries had a return on equity of 25.97% and a net margin of 19.37%.The company’s quarterly revenue was up 19.3% on a year-over-year basis. During the same quarter last year, the business posted $0.69 earnings per share.
Mueller Industries Stock Performance
Shares of NYSE:MLI opened at $56.38 on Tuesday. The company has a 50 day moving average price of $65.34 and a 200 day moving average price of $62.15. The stock has a market capitalization of $12.47 billion, a price-to-earnings ratio of 14.76 and a beta of 1.11. Mueller Industries has a 1-year low of $41.17 and a 1-year high of $70.95.
Mueller Industries Cuts Dividend
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Mueller Industries in a report on Tuesday, April 21st. Wall Street Zen raised shares of Mueller Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 27th. Finally, Northcoast Research cut Mueller Industries from a “buy” rating to a “neutral” rating in a research report on Thursday, May 28th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Analysis on Mueller Industries
Insiders Place Their Bets
In other news, CEO Gregory L. Christopher sold 206,532 shares of Mueller Industries stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $68.64, for a total transaction of $14,177,389.14. Following the completion of the transaction, the chief executive officer directly owned 1,609,822 shares in the company, valued at approximately $110,506,231.19. The trade was a 11.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 2.30% of the company’s stock.
Institutional Investors Weigh In On Mueller Industries
Large investors have recently added to or reduced their stakes in the stock. Rafferty Asset Management LLC bought a new position in Mueller Industries in the 4th quarter valued at about $214,000. Stokes Family Office LLC bought a new stake in shares of Mueller Industries during the 4th quarter worth approximately $207,000. Kestra Advisory Services LLC bought a new stake in shares of Mueller Industries during the 4th quarter worth approximately $204,000. Quarry LP boosted its position in shares of Mueller Industries by 14.9% during the 3rd quarter. Quarry LP now owns 1,461 shares of the industrial products company’s stock worth $148,000 after acquiring an additional 190 shares in the last quarter. Finally, Greenline Wealth Management LLC acquired a new stake in shares of Mueller Industries during the 4th quarter worth approximately $108,000. Institutional investors and hedge funds own 94.50% of the company’s stock.
About Mueller Industries
Mueller Industries, Inc is a diversified manufacturer and marketer of copper, brass, aluminum and plastic products. Headquartered in Memphis, Tennessee, the company serves a wide range of markets including HVAC (heating, ventilation and air conditioning), refrigeration, plumbing, industrial gas, automotive and agricultural sectors. Its product portfolio encompasses copper and plastic tubing, brass fittings, valves and related components designed for fluid handling and temperature control applications.
The company operates through multiple business segments, including the Plumbing & Refrigeration segment, which supplies copper and plastic tubing, fittings and valves for residential and commercial construction markets; the Industrial Metals & Mining segment, which provides aluminum shapes and specialty brass products for industrial applications; and the Climate segment, which focuses on copper tubing and components for air conditioning and refrigeration systems.
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