mueller industries, inc. (nyse: mli) is an industrial manufacturer specializing in copper and copper alloy manufacturing while also producing goods made from aluminum, steel, and plastics. headquartered in memphis, tennessee, the company comprises a network of operations in the united states, canada, mexico, great britain, and china. products include tubing, fittings, valves, vessels, and related items for plumbing, hvacr, and related piping systems, as well as rod, forgings, extrusions, and various components for oem applications. products are distributed into sectors such as building construction, appliance, defense, energy, and automotive.
![Mueller Industries logo](/files/LOGO/89439-MLI.png)
Company profile
Ticker
MLI
Exchange
Website
CEO
Gregory Christopher
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
ATCO Rubber Products, Inc. • Mueller Brass Holding Company, Inc. • Mueller Brass Co. • Extruded Metals, Inc. • Mueller Industrial Realty Co. • Itawamba Industrial Gas Company, Inc. • Mueller Plastics Holding Company, Inc. • Mueller Brass Forging Company, Inc. • Mueller East, Inc. • Mueller Formed Tube Company, Inc. ...
IRS number
250790410
MLI stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
24 Jul 24
8-K
Mueller Industries, Inc. Reports Second Quarter 2024 Earnings
23 Jul 24
SD
Conflict minerals disclosure
31 May 24
8-K
Mueller Industries, Inc. Declares Cash Dividend for Second Quarter
13 May 24
10-Q
2024 Q1
Quarterly report
24 Apr 24
8-K
Mueller Industries, Inc. Reports First Quarter 2024 Earnings
24 Apr 24
8-K
Mueller Industries, Inc. Agrees to Acquire Nehring Electrical Works Company
23 Apr 24
DEFA14A
Additional proxy soliciting materials
4 Apr 24
ARS
2023 FY
Annual report to shareholders
28 Mar 24
DEFA14A
Additional proxy soliciting materials
28 Mar 24
Latest ownership filings
4
GARY S GLADSTEIN
4 Jun 24
4
ELIZABETH M DONOVAN
31 May 24
144
Notice of proposed sale of securities
30 May 24
4
JOHN B HANSEN
15 May 24
4
JOHN B HANSEN
13 May 24
4
Charles P Herzog Jr
13 May 24
4
SCOTT JAY GOLDMAN
13 May 24
4
GARY S GLADSTEIN
13 May 24
4
William C. Drummond
13 May 24
4
TERRY HERMANSON
13 May 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 842.02 mm | 842.02 mm | 842.02 mm | 842.02 mm | 842.02 mm | 842.02 mm |
Cash burn (monthly) | 174.26 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 162.71 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 679.30 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 3.9 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
95.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 397 |
Opened positions | 342 |
Closed positions | 11 |
Increased positions | 21 |
Reduced positions | 20 |
13F shares | Current |
---|---|
Total value | 5.23 tn |
Total shares | 108.50 mm |
Total puts | 99.30 k |
Total calls | 55.10 k |
Total put/call ratio | 1.8 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 18.52 mm | $998.58 bn |
Vanguard | 12.36 mm | $666.52 bn |
First Trust Portfolios | 7.09 mm | $0.00 |
First Trust Advisors | 5.71 mm | $307.84 bn |
Allspring Global Investments | 4.69 mm | $253.08 bn |
STT State Street | 4.35 mm | $234.45 bn |
Dimensional Fund Advisors | 4.17 mm | $225.09 bn |
Gamco Investors | 3.64 mm | $196.46 bn |
Pacer Advisors | 3.64 mm | $196.43 bn |
Geode Capital Management | 2.84 mm | $153.23 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
31 May 24 | Gladstein Gary S | Common Stock | Sell | Dispose S | Yes | No | 58.822 | 2,000 | 117.64 k | 290,206 |
31 May 24 | Gladstein Gary S | Common Stock | Sell | Dispose S | No | No | 58.9 | 4,000 | 235.60 k | 10,111 |
30 May 24 | Donovan Elizabeth M | Common Stock | Sell | Dispose S | No | No | 57.7325 | 2,000 | 115.47 k | 24,733 |
13 May 24 | Hansen John B | Common Stock | Sell | Dispose S | No | No | 58.61 | 2,733 | 160.18 k | 103,914 |
9 May 24 | Goldman Scott Jay | Common Stock | Grant | Acquire A | No | No | 0 | 2,733 | 0.00 | 58,276 |
9 May 24 | Gladstein Gary S | Common Stock | Grant | Acquire A | No | No | 0 | 2,733 | 0.00 | 14,111 |