Mueller Industries (MLI) Projected to Post Earnings on Tuesday

Mueller Industries (NYSE:MLI - Get Free Report) is projected to release its Q2 2025 earnings data before the market opens on Tuesday, July 22nd. Analysts expect Mueller Industries to post earnings of $1.62 per share for the quarter.

Mueller Industries (NYSE:MLI - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The industrial products company reported $1.39 earnings per share for the quarter, topping analysts' consensus estimates of $1.31 by $0.08. The firm had revenue of $1 billion for the quarter, compared to analyst estimates of $1 billion. Mueller Industries had a net margin of 15.92% and a return on equity of 23.17%.

Mueller Industries Trading Down 0.5%

MLI opened at $85.93 on Tuesday. The firm has a market capitalization of $9.51 billion, a PE ratio of 15.65 and a beta of 1.01. Mueller Industries has a twelve month low of $60.35 and a twelve month high of $96.81. The firm's 50-day moving average price is $78.08 and its 200 day moving average price is $77.98.

Mueller Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Friday, June 6th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date of this dividend was Friday, June 6th. Mueller Industries's dividend payout ratio (DPR) is presently 18.21%.

Insiders Place Their Bets

In other Mueller Industries news, Director Terry Hermanson sold 10,000 shares of Mueller Industries stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $74.34, for a total transaction of $743,400.00. Following the transaction, the director directly owned 100,082 shares of the company's stock, valued at $7,440,095.88. The trade was a 9.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John B. Hansen sold 3,130 shares of the business's stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $78.07, for a total transaction of $244,359.10. Following the completion of the sale, the director directly owned 93,914 shares in the company, valued at $7,331,865.98. This trade represents a 3.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 29,613 shares of company stock valued at $2,198,600 over the last ninety days. Company insiders own 2.70% of the company's stock.

Institutional Investors Weigh In On Mueller Industries

Large investors have recently added to or reduced their stakes in the business. Acadian Asset Management LLC purchased a new stake in Mueller Industries during the 1st quarter worth approximately $524,000. NewEdge Advisors LLC increased its stake in Mueller Industries by 10.7% during the 1st quarter. NewEdge Advisors LLC now owns 14,722 shares of the industrial products company's stock worth $1,121,000 after buying an additional 1,420 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Mueller Industries by 1.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 230,671 shares of the industrial products company's stock worth $17,563,000 after buying an additional 3,316 shares during the period. 94.50% of the stock is owned by hedge funds and other institutional investors.

About Mueller Industries

Mueller Industries, Inc manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. It operates through three segments: Piping Systems, Industrial Metals, and Climate. The Piping Systems segment offers copper tubes, fittings, line sets, and pipe nipples.

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