Mueller Industries Inc

More Details of Mueller Industries Inc Company

Mueller Industries, Inc. is a manufacturer of copper, brass, and aluminum products. The Company's products include copper tubes and fittings; line sets; steel nipples; brass rods, bars and shapes; aluminum and brass forgings; aluminum impact extrusions; compressed gas valves; refrigeration valves and fittings; pressure vessels; coaxial heat exchangers; insulated flexible duct systems, and wire and cable solutions. It also resells brass and plastic plumbing valves, faucets, and plumbing specialty products. Its Piping Systems segment is composed of Domestic Piping Systems Group, Great Lakes Copper, European Operations, Trading Group, Jungwoo Metal Ind. Co., LTD and Mueller Middle East WLL. Its Industrial Metals segment is composed of Brass Rod, Impacts & Micro Gauge, Brass Value-Added Products, Precision Tube, and Nehring Electrical Works Company. Its Climate segment is composed of Refrigeration Products, Westermeyer Industries, Inc., Turbotec Products, Inc., Flex Duct and Linesets, Inc.

Company Info

Company codeMLI

Company nameMueller Industries Inc

IPO dateFeb 25, 1991

Founded at1990

CEOMr. Gregory L. (Greg) Christopher

Number of employees5168

Security typeOrdinary Share

Fiscal year-endFeb 25

Address150 Schilling Blvd., Suite 100

CityCOLLIERVILLE

Stock exchangeNYSE Consolidated

CountryUnited States of America

Postal code38017

Phone19017533200

Websitehttps://www.muellerindustries.com/

Company codeMLI

IPO dateFeb 25, 1991

Founded at1990

Company Executives

Name

Name/Position

Position

Shareholding

Change

Mr. Gregory L. (Greg) Christopher

Chairman of the Board, Chief Executive Officer

1.46M

--

Mr. Jeffrey Andrew Martin

Chief Financial Officer, Executive Vice President, Treasurer

342.96K

--

Mr. Gary S. Gladstein

Independent Director

310.10K

+3.26%

Mr. Steffen Sigloch

Chief Manufacturing Officer

159.54K

-10.93%

Mr. John B. Hansen

Independent Director

110.91K

-1.77%

Mr. Terry Hermanson

Lead Independent Director

100.08K

-9.08%

Mr. Scott Jay Goldman

Independent Director

39.62K

-29.38%

Mr. Christopher J. Miritello

Executive Vice President, General Counsel, Corporate Secretary

--

Ms. Elizabeth M. Donovan

Independent Director

--

Mr. William C. Drummond

Independent Director

--

Name

Name/Position

Position

Shareholding

Change

Mr. Gregory L. (Greg) Christopher

Chairman of the Board, Chief Executive Officer

1.46M

--

Mr. Jeffrey Andrew Martin

Chief Financial Officer, Executive Vice President, Treasurer

342.96K

--

Mr. Gary S. Gladstein

Independent Director

310.10K

+3.26%

Mr. Steffen Sigloch

Chief Manufacturing Officer

159.54K

-10.93%

Mr. John B. Hansen

Independent Director

110.91K

-1.77%

Mr. Terry Hermanson

Lead Independent Director

100.08K

-9.08%

Revenue Breakdown

Currency: USDUpdate time: Sun, Apr 6

FY2024

FY2024Q4

FY2024Q3

FY2024Q2

FY2024Q1

FY2023

FY2023Q4

FY2023Q3

FY2023Q2

FY2023Q1

FY2022

FY2022Q4

FY2022Q3

FY2022Q2

FY2022Q1

FY2021

FY2020

FY2019

FY2018

By BusinessUSD

Name

Revenue

Proportion

Tube and fittings

2.06B

54.76%

Brass rod and forgings

695.88M

18.46%

Valves and plumbing specialties

450.32M

11.95%

By RegionUSD

Name

Revenue

Proportion

United States

2.83B

75.00%

Canada

344.61M

9.14%

United Kingdom

280.73M

7.45%

Asia

231.09M

6.13%

Mexico

85.76M

2.28%

By Business

By Region

By BusinessUSD

Name

Revenue

Proportion

Tube and fittings

2.06B

54.76%

Brass rod and forgings

695.88M

18.46%

Valves and plumbing specialties

450.32M

11.95%

Shareholder

Update time: Sun, May 4

Shareholder Statistics

Type

Shareholder Statistics

Shareholder

Proportion

BlackRock Institutional Trust Company, N.A.

11.76%

The Vanguard Group, Inc.

10.42%

First Trust Advisors L.P.

5.62%

State Street Global Advisors (US)

3.95%

Gabelli Funds, LLC

3.95%

Other

64.31%

Shareholder Statistics

Shareholder

Proportion

BlackRock Institutional Trust Company, N.A.

11.76%

The Vanguard Group, Inc.

10.42%

First Trust Advisors L.P.

5.62%

State Street Global Advisors (US)

3.95%

Gabelli Funds, LLC

3.95%

Other

64.31%

Type

Shareholder

Proportion

Investment Advisor

43.98%

Investment Advisor/Hedge Fund

40.82%

Pension Fund

3.18%

Individual Investor

2.46%

Hedge Fund

2.44%

Research Firm

1.60%

Sovereign Wealth Fund

1.46%

Bank and Trust

0.74%

Family Office

0.43%

Other

2.89%

Institutional Shareholding

Update time: Mon, Jan 20

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q1

920

108.36M

97.92%

+68.42K

2024Q4

905

108.60M

95.88%

-6.34M

2024Q3

832

110.32M

97.35%

-4.08M

2024Q2

778

110.60M

97.37%

-3.10M

2024Q1

755

110.72M

97.47%

-6.24M

2023Q4

724

114.75M

101.07%

-2.92M

2023Q3

688

115.44M

101.69%

-3.52M

2023Q2

668

116.16M

101.90%

-1.98M

2023Q1

637

115.94M

101.72%

+3.57M

2022Q4

602

109.47M

96.25%

-2.81M

Shareholder Activity

Name

Shares Held

Proportion

Change

Chg %

Date

BlackRock Institutional Trust Company, N.A.

13.17M

11.89%

-3.25M

-19.78%

Dec 31, 2024

The Vanguard Group, Inc.

11.68M

10.54%

-1.04M

-8.17%

Dec 31, 2024

First Trust Advisors L.P.

6.21M

5.61%

+327.48K

+5.56%

Dec 31, 2024

State Street Global Advisors (US)

4.37M

3.95%

-81.01K

-1.82%

Dec 31, 2024

Gabelli Funds, LLC

4.37M

3.94%

-275.60K

-5.94%

Dec 31, 2024

Dimensional Fund Advisors, L.P.

3.45M

3.12%

-434.31K

-11.17%

Dec 31, 2024

Geode Capital Management, L.L.C.

2.71M

2.44%

+117.33K

+4.53%

Dec 31, 2024

Invesco Capital Management LLC

2.67M

2.41%

+1.08M

+67.78%

Dec 31, 2024

William Blair Investment Management, LLC

2.54M

2.29%

+2.15M

+558.80%

Dec 31, 2024

Allspring Global Investments, LLC

2.61M

2.36%

-420.59K

-13.86%

Dec 31, 2024

Related ETFs

Update time: Tue, May 6

Name

Proportion

AdvisorShares Focused Equity ETF

3.6%

VictoryShares Free Cash Flow Growth ETF

3.26%

Bancreek U.S. Large Cap ETF

3.16%

Acquirers Fund

3.09%

Invesco Water Resources ETF

3.08%

Themes US Small Cap Cash Flow Champions ETF

3.06%

First Trust RBA Amer Industrial Renaissance ETF

2.97%

First Trust Water ETF

2.83%

Invesco Dorsey Wright Industrials Momentum ETF

2.27%

FT Cboe Vest Rising Dividend Achievers Target Inc

2.19%

AdvisorShares Focused Equity ETF

Proportion3.6%

VictoryShares Free Cash Flow Growth ETF

Proportion3.26%

Bancreek U.S. Large Cap ETF

Proportion3.16%

Acquirers Fund

Proportion3.09%

Invesco Water Resources ETF

Proportion3.08%

Themes US Small Cap Cash Flow Champions ETF

Proportion3.06%

First Trust RBA Amer Industrial Renaissance ETF

Proportion2.97%

First Trust Water ETF

Proportion2.83%

Invesco Dorsey Wright Industrials Momentum ETF

Proportion2.27%

FT Cboe Vest Rising Dividend Achievers Target Inc

Proportion2.19%

Dividend

A total of 263.24M USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

Feb 21, 2025

MLI.NB Interim Cash Dividend of gross USD 0.25 paid on Mar 28, 2025 going ex on Mar 14, 2025

Mar 14, 2025

Mar 28, 2025

Mar 14, 2025

Nov 08, 2024

MLI.NB Final Cash Dividend of gross USD 0.2 paid on Dec 20, 2024 going ex on Dec 06, 2024

Dec 06, 2024

Dec 20, 2024

Dec 06, 2024

Aug 01, 2024

MLI.NB Interim Cash Dividend of gross USD 0.2 paid on Sep 20, 2024 going ex on Sep 06, 2024

Sep 06, 2024

Sep 20, 2024

Sep 06, 2024

May 10, 2024

MLI.NB Interim Cash Dividend of gross USD 0.2 paid on Jun 21, 2024 going ex on Jun 07, 2024

Jun 07, 2024

Jun 21, 2024

Jun 07, 2024

Feb 23, 2024

MLI.NB Interim Cash Dividend of gross USD 0.2 paid on Mar 29, 2024 going ex on Mar 14, 2024

Mar 15, 2024

Mar 29, 2024

Mar 14, 2024

Nov 03, 2023

MLI.NB Final Cash Dividend of gross USD 0.15 paid on Dec 15, 2023 going ex on Nov 30, 2023

Dec 01, 2023

Dec 15, 2023

Nov 30, 2023

Jul 28, 2023

MLI.NB Interim Cash Dividend of gross USD 0.3 paid on Sep 15, 2023 going ex on Aug 31, 2023

Sep 01, 2023

Sep 15, 2023

Aug 31, 2023

May 05, 2023

MLI.NB Interim Cash Dividend of gross USD 0.3 paid on Jun 16, 2023 going ex on Jun 01, 2023

Jun 02, 2023

Jun 16, 2023

Jun 01, 2023

Feb 21, 2023

MLI.NB Interim Cash Dividend of gross USD 0.3 paid on Mar 31, 2023 going ex on Mar 16, 2023

Mar 17, 2023

Mar 31, 2023

Mar 16, 2023

Nov 04, 2022

MLI.NB Final Cash Dividend of gross USD 0.25 paid on Dec 16, 2022 going ex on Dec 01, 2022

Dec 02, 2022

Dec 16, 2022

Dec 01, 2022

Stock Split

Date

Type

Ratio

Sep 26, 2023

Split

1>2

Date

Type

Ratio

Sep 26, 2023

Split

1>2

74.990USD

Mueller Industries Inc

74.990

Overview

Company