Mueller Industries (MLI)
Manufactures copper piping, precision metals, wire and HVACR components for essential infrastructure.
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Manufactures copper tube and fittings, precision metal products, electrical wire and HVACR components through three operating segments. A broad international footprint supports plumbing, construction, climate-control and electrical-infrastructure customers, while acquisitions extend adjacent manufacturing capabilities.
Manufactures copper tube, fittings and line sets through Piping Systems; brass rod, specialty tube, valves, machined parts, wire and cable through Industrial Metals; and heat exchangers, pressure components and flexible duct through Climate. These products serve plumbing, construction, HVACR and electrical-infrastructure markets.
Operations extend across the United States, Canada, Mexico, Great Britain, South Korea, the Middle East and China. Long-tenured management combines factory reinvestment with acquisitions adjacent to existing metals-processing capabilities, while acquired businesses often retain local management.
Demand depends on construction and HVACR activity. Production also depends on copper and other raw-material availability, energy costs, tariffs, trade policy, successful acquisition integration and labor continuity across a union-represented workforce.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 16, 2026 | Northcoast Research | Target | Target: — | Target: $75 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 27, 2026Cash & short-term investments $1.42B · Total debt $24.7M · Total assets $4.26B · Shareholders' equity $3.55B
- Revenue
- $1.43B
- Operating income
- $310.0M
- Net income
- $249.7M
HistoryDividendAnnual yield
| Institutions | 96.48% | 213.39M shares | |
|---|---|---|---|
| 754 holders · as of Jun 30, 2026 | |||
| Insiders | 1.64% | 3.63M shares | |
| 12 holders · as of Aug 27, 2026 | |||
| Strategic holders | 0.03% | 63.1K shares | |
| 1 holder · as of May 11, 2026 | |||
| Other | 1.85% | 4.10M shares | |
| remainder | |||
221.18M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 10.57% | 11.69M | as of Jun 30, 2026 |
First Trust Advisors LPInstitution | 6.18% | 6.83M | as of Jun 30, 2026 |
FMR LLCInstitution | 4.99% | 5.51M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.51% | 4.99M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 4.49% | 4.97M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 27, 2026 | Scott Jay Goldman | director | −2,000 | $64.08 |
| Aug 13, 2026 | Jeffrey Andrew Martin | officer: EVP, CFO & Treasurer | −86,209 | $67.03 |
| Aug 11, 2026 | Gregory L. Christopher | director, officer: Chairman of the Board & CEO | −270,000 | $68.70 |
| Aug 10, 2026 | Gregory L. Christopher | director, officer: Chairman of the Board & CEO | −70,000 | $69.09 |
| Aug 4, 2026 | John B. Hansen | director | −3,444 | $67.84 |
- Parker-Hannifin
HVACR component rival through Sporlan valves and controls
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Mueller Industries | $60.28 | +0.58% | $13.26B | 15.6 | 14.2 | 2.8 | +25.5% |
| Parker-Hannifin | $962.23 | +0.42% | $120.81B | 33.6 | 27.3 | 5.6 | +9.8% |
| Median | 33.6 | 27.3 | 5.6 | +9.8% |