Mueller Industries (NYSE: MLI) reported third-quarter 2026 net sales of $1.42 billion, up from $1.08 billion a year earlier. Net income attributable to Mueller Industries rose to $221.2 million from $208.1 million.
Basic earnings per share were $1.02, compared with $0.95, while diluted earnings per share increased to $1.00 from $0.94. Per-share figures were adjusted retroactively for the company’s two-for-one stock split effective June 30, 2026.
- Operating income was $281.6 million, compared with $276.1 million in the prior-year quarter.
- Net cash generated from operations was $337.0 million during the quarter.
- Cash and short-term investments totaled $1.48 billion at quarter end.
- The company repurchased 3.2 million shares for $201.9 million during the quarter.
- COMEX copper averaged $6.48 per pound, up 34.2% from the prior-year period.
$MLI Insider Trading Activity
$MLI insiders have traded $MLI stock on the open market 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $MLI stock by insiders over the last 6 months:
- GREGORY L. CHRISTOPHER (Chairman of the Board & CEO) has made 0 purchases and 4 sales selling 443,266 shares for an estimated $37,561,699.
- JEFFREY ANDREW MARTIN (EVP, CFO & Treasurer) sold 86,209 shares for an estimated $5,778,847
- SCOTT JAY GOLDMAN has made 0 purchases and 2 sales selling 4,000 shares for an estimated $383,980.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$MLI Hedge Fund Activity
We have seen 370 institutional investors add shares of $MLI stock to their portfolio, and 343 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 7,414,844 shares (+205.3%) to their portfolio in Q2 2026, for an estimated $455,753,386
- AQR CAPITAL MANAGEMENT LLC removed 5,047,549 shares (-51.7%) from their portfolio in Q2 2026, for an estimated $310,247,599
- NORGES BANK added 2,890,240 shares (+inf%) to their portfolio in Q2 2026, for an estimated $177,648,601
- FIRST TRUST ADVISORS LP added 2,476,348 shares (+22.1%) to their portfolio in Q2 2026, for an estimated $152,208,729
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 2,244,286 shares (+inf%) to their portfolio in Q2 2026, for an estimated $137,945,038
- VICTORY CAPITAL MANAGEMENT INC removed 1,905,558 shares (-81.0%) from their portfolio in Q2 2026, for an estimated $117,125,122
- INVESCO LTD. removed 1,264,954 shares (-31.5%) from their portfolio in Q2 2026, for an estimated $77,750,397
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
