Mueller Industries, Inc. $MLI Shares Sold by Royce & Associates LP

Posted by Francis Steltz on May 26th, 2026

Royce & Associates LP decreased its holdings in Mueller Industries, Inc. (NYSE:MLI – Free Report) by 25.7% in the 4th quarter, HoldingsChannel reports. The firm owned 315,324 shares of the industrial products company’s stock after selling 108,900 shares during the quarter. Royce & Associates LP’s holdings in Mueller Industries were worth $36,199,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. boosted its stake in shares of Mueller Industries by 2.5% in the fourth quarter. Vanguard Group Inc. now owns 10,515,780 shares of the industrial products company’s stock valued at $1,207,212,000 after purchasing an additional 260,306 shares during the period. First Trust Advisors LP boosted its stake in shares of Mueller Industries by 3.0% in the third quarter. First Trust Advisors LP now owns 5,639,162 shares of the industrial products company’s stock valued at $570,176,000 after purchasing an additional 166,218 shares during the period. AQR Capital Management LLC boosted its stake in shares of Mueller Industries by 181.4% in the third quarter. AQR Capital Management LLC now owns 2,585,693 shares of the industrial products company’s stock valued at $261,439,000 after purchasing an additional 1,666,891 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in shares of Mueller Industries by 4.1% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 2,426,608 shares of the industrial products company’s stock valued at $283,452,000 after purchasing an additional 96,440 shares during the period. Finally, UBS Group AG boosted its stake in shares of Mueller Industries by 837.0% in the third quarter. UBS Group AG now owns 1,283,943 shares of the industrial products company’s stock valued at $129,819,000 after purchasing an additional 1,146,919 shares during the period. Hedge funds and other institutional investors own 94.50% of the company’s stock.

Insider Transactions at Mueller Industries

In related news, CEO Gregory L. Christopher sold 103,266 shares of Mueller Industries stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $137.29, for a total value of $14,177,389.14. Following the completion of the transaction, the chief executive officer owned 804,911 shares in the company, valued at $110,506,231.19. The trade was a 11.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.30% of the stock is owned by corporate insiders.

Mueller Industries Stock Performance

NYSE MLI opened at $133.29 on Tuesday. The firm has a 50 day simple moving average of $124.20 and a 200-day simple moving average of $119.94. Mueller Industries, Inc. has a one year low of $72.16 and a one year high of $141.51. The firm has a market cap of $14.74 billion, a price-to-earnings ratio of 17.45 and a beta of 1.13.

Mueller Industries (NYSE:MLI – Get Free Report) last issued its quarterly earnings results on Tuesday, April 21st. The industrial products company reported $2.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.67. Mueller Industries had a net margin of 19.37% and a return on equity of 25.97%. The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.10 billion. During the same quarter in the previous year, the firm earned $1.39 earnings per share. The firm’s quarterly revenue was up 19.3% on a year-over-year basis.

Mueller Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Friday, June 5th will be paid a $0.35 dividend. The ex-dividend date is Friday, June 5th. This represents a $1.40 dividend on an annualized basis and a yield of 1.1%. Mueller Industries’s payout ratio is currently 18.32%.

Analysts Set New Price Targets

Several research analysts have recently commented on MLI shares. Weiss Ratings reissued a “buy (b)” rating on shares of Mueller Industries in a research note on Tuesday, April 21st. Wall Street Zen raised shares of Mueller Industries from a “buy” rating to a “strong-buy” rating in a research note on Sunday, May 17th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy”.

Get Our Latest Research Report on MLI

Mueller Industries Profile

(Free Report)

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.