Professional
Added to YB: 2025-05-28
Pitch date: 2025-03-31
MLI [neutral]
Mueller Industries, Inc.
+51.46%
current return
Author Info
No bio for this author
Company Info
Mueller Industries, Inc. manufactures and sells copper, brass, and aluminum products in the United States, the United Kingdom, Canada, Asia and the Middle East, and Mexico.
Market Cap
$11.9B
Pitch Price
$75.17
Price Target
N/A
Dividend
0.94%
EV/EBITDA
10.65
P/E
16.00
EV/Sales
2.56
Sector
Machinery
Category
value
The Gabelli Small Cap Growth Fund Portfolio Holding: Mueller Industries, Inc.
MLI (holding update): Copper/brass/aluminum manufacturer, dominant in piping systems where 4th competitor exit enabled strong margins despite weak volumes. $1.5B cash enabled diversification with Nehring utility wiring ($575M) acquisition plus $38M Elkhart copper fittings deal. $1B cash remains for future M&A despite copper substitution & rate headwinds.
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