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Mueller Industries, Inc.

MLI · NYSE

Market closed$59.13$0.160000 (+0.27%)After hours $59.64 · +0.85%

Key statistics

Previous close$58.97
Open$58.05
Day high$59.32
Day low$57.75
52-week high$70.95
52-week low$41.18
Market cap13.07B
Volume1.98M
Average volume1.45M
P/E ratio11.09
Forward P/E—
EPS5.33
Dividend yield+1.44%

Market context

Why it moved

MLI saw a modest uptick today, driven by continued positive momentum from strong short- and long-term moving average buy signals, as the stock extended its multi-day winning streak amid broad market stability.

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What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026Mueller Industries rose roughly 2.5% as Northcoast Research upgraded the stock from Neutral to Buy with a $75 price target, implying ~30% upside, citing the company's strong Q1 beat ($1.08 EPS vs. $0.74 estimate; revenue up 19.3% YoY) and favorable setup ahead of Q2 2026 earnings due July 21. The upgrade amplified existing bullish momentum, with the industrials sector among the top-performing groups YTD and copper-related demand benefiting from AI infrastructure buildout tailwinds.

2.5387

July 16, 2026Mueller Industries closed down 1.51% but is rebounding sharply in after-hours trading, up 1.62% to $58.44, as investors look ahead to the company's Q2 2026 earnings report scheduled for July 21. The after-hours bounce follows a 3.5% gain on July 14 that GuruFocus flagged as still undervalued with a GF Score of 90/100. Analysts expect Q2 EPS of $1.05 on $1.27B in revenue, though the bar is elevated after Q1 dramatically beat estimates ($1.08 vs. $0.74 expected) with 19.3% year-over-year revenue growth. Broader industrial sector headwinds — including Dow underperformance amid a tech-led disinflation rally and ongoing U.S.-Iran tensions lifting oil prices — weighed on the stock during regular hours, even as copper and mining peers rallied.

-1.5071

July 15, 2026Mueller Industries rose sharply, outperforming the broader industrials sector (XLI was little changed) and the S&P 500, which closed modestly higher on a cooler-than-expected June CPI print. Investor attention is squarely on the company's upcoming Q2 2026 earnings report, due before the open on July 21, with analysts projecting $1.05 EPS on $1.27 billion in revenue. The strong setup follows a blowout Q1 beat — $1.08 EPS versus the $0.74 consensus — and 19.3% year-over-year revenue growth, raising expectations that the copper and brass products manufacturer may again outpace estimates.

3.455

July 11, 2026Mueller Industries declined after completing a two-for-one stock split effective July 1, 2026, with shares also pressured by removal from a Russell index, which analysts note could reduce passive demand in the near term. Despite the pullback, the company's fundamentals remain compelling — including a 19%+ YoY revenue increase, ~$1.4 billion in cash reserves, and a P/E of ~14x below the industrials sector average — while after-hours trading recovered sharply, with shares gaining nearly 2% to around $58.12, suggesting dip-buying interest.

-1.5036

July 10, 2026Mueller Industries rallied nearly 4%, outperforming both the broader market and the industrials sector (XLI closed little changed), as a sharp rebound in global copper prices lifted copper-linked manufacturers and analyst commentary highlighted MLI's strong cash position (~$1.4B), debt-free balance sheet, and attractive valuation. A recent Seeking Alpha piece called out MLI's intermediate price weakness as a buying opportunity, while a MarketBeat analysis flagged the stock's low P/E (~14-15x) relative to industrial peers. Renewed US-Iran tensions, though a macro headwind, may also be drawing investors toward domestic manufacturers with pricing power in copper, brass, and aluminum products.

3.8034

July 9, 2026Mueller Industries closed essentially flat amid a broadly volatile session driven by Middle East tensions and a tech-led selloff. A Seeking Alpha piece flagged the recent price weakness as a buying opportunity, citing the company's debt-free balance sheet and leading market positions, while a MarketBeat analysis highlighted its $1.4 billion cash reserves, 19% YoY revenue growth, and a recent two-for-one stock split as signs of underlying strength. With a P/E of ~14x—below the industrials sector average—and the XLI industrials ETF up over 16% YTD, investors are weighing MLI's relative underperformance against its compelling valuation.

0.1257

July 8, 2026Mueller Industries closed lower after a 2-for-1 stock split took effect July 1, with shares pulling back amid broader U.S. market weakness as the S&P 500 fell roughly 0.7% and the industrials sector ETF (XLI) declined on the day. A Seeking Alpha piece highlighted the recent 15% pullback as a potential entry point, noting the company trades at a modest 14.8x P/E following record Q1 earnings and a debt-free balance sheet, while InvestorPlace downgraded MLI's ranking from 'Very Strong' to 'Strong.' In after-hours trading, shares edged up ~1%.

-2.0584

July 7, 2026Mueller Industries edged higher, supported by investor interest following its 2-for-1 stock split that took effect July 1 and record Q1 2026 results — including a 51.4% surge in operating income and net income growth of 51.8%. Despite a ~15% pullback from pre-split highs, the stock screens attractively at a 14.8x P/E versus a peer-estimated fair P/E of 24.5x, with a debt-free balance sheet and cash representing ~13% of market cap. Volume ran well above average, while the industrials sector (XLI) closed near its 52-week high amid a broader market rotation away from tech into cyclicals and industrials.

0.6018

MarketBeat · July 16, 2026Mueller Industries (NYSE:MLI) Upgraded to Buy at Northcoast ResearchGuruFocus · July 15, 2026Mueller Industries Inc (MLI) Stock Up 3.5% and Still Undervalued -- GF Score: 90/100MarketBeat · July 14, 2026Mueller Industries (MLI) to Release Earnings on TuesdaySimply Wall Street · July 12, 2026Is Mueller Industries (MLI) A Bargain After Its Two For One Stock Split?Webull · July 11, 2026How Investors Are Reacting To Mueller Industries (MLI) Forward Stock Split And Share Authorization IncreaseBusiness Wire · May 8, 2026Mueller Industries, Inc. Declares Cash Dividend for Second QuarterQuiver Quantitative · April 21, 2026Mueller Industries Inc. (MLI) Stock Rises on Q1 2026 EarningsInvesting.com · February 3, 2026Mueller Industries shares tumble nearly 9% after Q4 results despite revenue beat
Mt Newswire · June 1, 2026Mueller Industries Plans 2-for-1 Forward Stock Split
Benzinga · June 1, 2026Mueller Industries Announces 2-For-1 Forward Stock Split, Effective July 1
Mt Newswire · May 29, 2026Mueller Industries Insider Sold Shares Worth $255,820, According to a Recent SEC Filing
Mt Newswire · May 28, 2026Northcoast Research Downgrades Mueller Industries to Neutral From Buy
Mt Newswire · May 8, 2026Mueller Industries Keeps Quarterly Dividend at $0.35 a Share, Payable June 19 to Holders of Record June 5
Mt Newswire · April 29, 2026Mueller Industries Insider Sold Shares Worth $14,177,389, According to a Recent SEC Filing
Benzinga · April 21, 2026Mueller Industries Q1 Adj. EPS $1.90 Beats $1.50 Estimate, Sales $1.193B Beat $1.102B Estimate
Mt Newswire · April 21, 2026Mueller Industries Q1 Earnings, Revenue Rise

Peers

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