MLI - Mueller Industries, Inc.
Mueller Industries, Inc. has delivered strong growth via acquisitions and price increases, but current valuation limits market-beating upside. MLI's management targets significant operating income growth to $1.5B by 2030, leveraging organic expansion, vertical integration, and $1.41B net cash. Despite robust financials and sector tailwinds, MLI's projected annualized returns (5.7%-8.5%) lag typical S&P 500 averages.
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announced today that effective December 31, 2026, Gary S. Gladstein, who has served on the Board a combined 30 years, including three years as Chairman and three years as Lead Independent Director, will retire from Board service. On the transition, Greg Christopher, Chairman and CEO, stated, “We are grateful for Gary's commitment to our Company and thank him for his three decades of service. Gary has played an instrument.
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 17.5 cents per share. The dividend will be payable September 18, 2026 to shareholders of record on September 4, 2026. Mueller Industries, Inc. (NYSE: MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; fo.
The non-discretionary disposition involved 1,808 shares at $66.57 per share, representing an estimated value of about $120,400 on July 30. The activity resulted in a 2% reduction in the insider's direct equity holdings in the company.
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announces results for the second quarter of 2026. Comparisons are to the second quarter of 2025. Net Sales increased to $1.43 billion versus $1.14 billion. Net Income increased to $249.7 million versus $245.9 million. Operating Income increased to $310.0 million versus $304.2 million. Diluted EPS* increased to $1.13 versus $1.11. Dividends per share* increased to $.175 versus $.125. * Diluted EPS and dividends per share.
I define dividend growth stocks as those with dividend increases of 5 or more consecutive years. In this monthly series, I rank a selection of dividend growth stocks and present the top 10 stocks for consideration. This month, I'm presenting the top 10 dividend growth stocks with a 5-year yield-on-cost of 2.5% or higher and a consensus upside of at least 5%.
Cash flow is an essential component for many successful companies, allowing firms to fund new growth via acquisitions or increased production while also reducing the need to rely on debt and providing financial stability. Still, investors may be inclined to overlook cash flow in favor of other key metrics—in doing so, however, they risk missing out on excellent opportunities to buy into companies with the flexibility and stability to expand their operations.
I track a curated universe of 50 high-quality dividend growth stocks to identify opportune entry points based on valuation and future return potential. Year-to-date through June, the investable universe returned 8.69%, trailing SPY (10.10%) and SCHD (17.50%), but several individual stocks outperformed significantly. Currently, 39 out of 50 stocks offer a forward return estimate of at least 10%, with 22 appearing potentially undervalued by my free cash flow model.
Mueller Industries, which is in the business of supplying various copper, brass and aluminum products mainly for the construction markets has been underperforming its industrial peers on a YTD basis. MLI still benefits from leading market positions, consistent gross margins, a debt-free balance sheet, and record $1.4B cash, supporting both acquisitions and shareholder returns. MLI is priced at similar Fwd. P/E multiples as my last coverage, but this time round it is staring at solid forward positive earnings growth, and is cheaper than otherpeers.
I track a curated universe of 50 high-quality dividend growth stocks to identify attractive entry points based on valuation and forward return potential. Year-to-date, the universe lags SPY and SCHD, but select names like LRCX (+343%) and KLAC (+208%) have dramatically outperformed since inception. Currently, 40 stocks offer forward return estimates of at least 10%, with 24 appearing potentially undervalued by my free cash flow model.
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a two-for-one forward stock split. The Board of Directors also approved a proportionate increase in the number of authorized shares of common stock to accommodate the stock split. As a result of the stock split, which will be effected through an amendment to the Company's Restated Certificate of Incorporation, each stockholder of record as of the close of trading o.
On May 26, 2026, Mueller Industries Inc (MLI) shares rose 3.8% to $138.50. The stock has experienced a 52-week range of $72.16 to $141.51, reflecting significan
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 35 cents per share. The dividend will be payable June 19, 2026 to shareholders of record on June 5, 2026. Mueller Industries, Inc. (NYSE: MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservat.
Mueller reported Q1 2026 financial results this week. Shares of Mueller are trading at a premium to their historical valuation.
Mueller Industries delivered strong Q1 results, with net sales up 19% year-over-year and notable margin expansion. MLI's operating margin improvement was partly boosted by a one-time $41.4M gain; underlying margin gains remain solid but less dramatic. The company maintains a fortress balance sheet with $1.38B cash, no long-term debt, and ongoing share buybacks and dividend increases.
CPC Advisors LLC decreased its holdings in Mueller Industries, Inc. (NYSE: MLI) by 6.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 60,980 shares of the industrial products company's stock after selling 4,086 shares during the quarter. CPC Advisors LLC
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) announces results for the first quarter of 2026. Comparisons are to the first quarter of 2025. Net Sales increased to $1.19 billion versus $1.00 billion. Net Income increased to $239.0 million versus $157.4 million. Operating Income increased to $312.2 million versus $206.3 million. Diluted EPS increased to $2.16 versus $1.39. Dividends per share increased to $.35 versus $.25. First Quarter Financial and Operating Highli.
Allspring Global Investments Holdings LLC grew its holdings in Mueller Industries, Inc. (NYSE: MLI) by 4.1% during the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,426,608 shares of the industrial products company's stock after acquiring an additional 96,440 shares during
COLLIERVILLE, Tenn.--(BUSINESS WIRE)--Mueller Industries, Inc. (NYSE: MLI) today announced that it has acquired Bison Metals Technologies LLC (Bison). Bison is a U.S. manufacturer of copper tubes, with its sole manufacturing location in Shawnee, Oklahoma. Regarding the acquisition, Greg Christopher, Mueller's CEO said, “The addition of Bison to the Mueller group expands our domestic tube manufacturing capacity, broadens our industrial tube manufacturing capabilities and importantly, enhances ou.
Pallas Capital Advisors LLC increased its stake in shares of Mueller Industries, Inc. (NYSE: MLI) by 88.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,344 shares of the industrial products company's stock after buying an additional 4,853 shares