Mueller Industries (MLI) to Release Earnings on Tuesday

Mueller Industries (NYSE:MLI) will likely be issuing its Q2 2026 results before the market opens on Tuesday, July 21st. Analysts expect Mueller Industries to post earnings of $1.09 per share and revenue of $1.2660 billion for the quarter. Individuals may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Tuesday, July 21, 2026 at 12:30 PM ET.

Mueller Industries (NYSE:MLI) last posted its earnings results on Tuesday, April 21st. The industrial products company reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.34. The firm had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.10 billion. Mueller Industries had a return on equity of 25.97% and a net margin of 19.37%.The business’s revenue for the quarter was up 19.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.69 EPS.

Mueller Industries Stock Up 0.5%

MLI opened at $59.24 on Friday. Mueller Industries has a 52 week low of $41.17 and a 52 week high of $70.95. The stock has a market cap of $13.10 billion, a PE ratio of 15.51 and a beta of 1.11. The business has a 50 day moving average of $64.48 and a 200-day moving average of $62.11.

Mueller Industries Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 19th. Shareholders of record on Friday, June 5th were issued a $0.175 dividend. The ex-dividend date was Friday, June 5th. This represents a $0.70 dividend on an annualized basis and a yield of 1.2%. Mueller Industries’s dividend payout ratio is 18.32%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on MLI shares. Weiss Ratings restated a “buy (b)” rating on shares of Mueller Industries in a report on Tuesday, April 21st. Wall Street Zen upgraded shares of Mueller Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 27th. Finally, Northcoast Research raised shares of Mueller Industries from a “neutral” rating to a “buy” rating and set a $75.00 price target for the company in a research report on Thursday. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $75.00.

Insiders Place Their Bets

In other Mueller Industries news, CEO Gregory L. Christopher sold 206,532 shares of Mueller Industries stock in a transaction 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 owned 1,609,822 shares in the company, valued at approximately $110,506,231.19. The trade was a 11.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Mueller Industries

Several large investors have recently modified their holdings of MLI. Brown Brothers Harriman & Co. purchased a new stake in Mueller Industries during the 4th quarter valued at about $34,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Mueller Industries by 108.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 501 shares of the industrial products company’s stock worth $40,000 after buying an additional 261 shares in the last quarter. Parallel Advisors LLC lifted its stake in shares of Mueller Industries by 141.5% in the fourth quarter. Parallel Advisors LLC now owns 384 shares of the industrial products company’s stock worth $44,000 after buying an additional 225 shares in the last quarter. Atlas Capital Advisors Inc. purchased a new stake in shares of Mueller Industries during the fourth quarter valued at approximately $48,000. Finally, EverSource Wealth Advisors LLC increased its position in shares of Mueller Industries by 65.4% during the second quarter. EverSource Wealth Advisors LLC now owns 1,136 shares of the industrial products company’s stock valued at $90,000 after acquiring an additional 449 shares in the last quarter. Hedge funds and other institutional investors own 94.50% of the company’s stock.

Mueller Industries Company Profile

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.