Mueller Industries, Inc (NYSE: MLI) is 51.54% higher on its value in year-to-date trading and has touched a low of $56.07 and a high of $96.81 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MLI stock was last observed hovering at around $84.83 in the last trading session, with the day’s gains setting it 0.79%.
Currently trading at $85.62, the stock is 8.67% and 10.33% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing 0.93% at the moment leaves the stock 8.65% off its SMA200. MLI registered 7.89% gain for a year compared to 6-month loss of 5.99%. The firm has a 50-day simple moving average (SMA 50) of $77.6066 and a 200-day simple moving average (SMA200) of $78.80385.
The stock witnessed a 10.56% gain in the last 1 month and extending the period to 3 months gives it a 24.99%, and is 2.97% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.01% over the week and 2.38% over the month.
Mueller Industries, Inc (MLI) has around 5168 employees, a market worth around $9.47B and $3.92B in sales. Current P/E ratio is 15.60 and Fwd P/E is 12.88. Profit margin for the company is 15.92%. Distance from 52-week low is 52.70% and -11.56% from its 52-week high. The company has generated returns on investments over the last 12 months (23.19%).
The EPS is expected to grow by 13.37% this year
703.0 institutions hold shares in Mueller Industries, Inc (MLI), with institutional investors hold 96.49% of the company’s shares. The shares outstanding are 110.65M, and float is at 106.83M with Short Float at 3.70%. Institutions hold 94.12% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 18.07 million shares valued at $1.03 billion. The investor’s holdings represent 16.2449 of the MLI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 12.34 million shares valued at $702.62 million to account for 11.0952 of the shares outstanding. The other top investors are FIRST TRUST ADVISORS LP which holds 6.64 million shares representing 5.9727 and valued at over $378.23 million, while STATE STREET CORP holds 3.8769 of the shares totaling 4.31 million with a market value of $245.51 million.
Mueller Industries, Inc (MLI) Insider Activity
The most recent transaction is an insider sale by Sigloch Steffen, the company’s Chief Manufacturing Officer. SEC filings show that Sigloch Steffen sold 17,831 shares of the company’s common stock on Jul 02 ’25 at a price of $82.62 per share for a total of $1.47 million. Following the sale, the insider now owns 0.12 million shares.
Mueller Industries, Inc disclosed in a document filed with the SEC on Jul 01 ’25 that Sigloch Steffen (Chief Manufacturing Officer) sold a total of 1,754 shares of the company’s common stock. The trade occurred on Jul 01 ’25 and was made at $82.50 per share for $0.14 million. Following the transaction, the insider now directly holds 0.14 million shares of the MLI stock.
