<div id="readability-page-1"><p>Huntington National Bank boosted its stake in  Mueller Industries, Inc. (NYSE:MLI - Free Report) by 3,725.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor  owned 3,634 shares of the industrial products company's stock after buying an additional 3,539 shares during the quarter. Huntington National Bank's holdings in Mueller Industries were worth $289,000 at the end of the most recent quarter.</p><ul><li>Russell 2000 Surge Post-Election: How to Play the Small-Cap Pop</li></ul><p>A number of other institutional investors also recently modified their holdings of the stock. D.A. Davidson &amp; CO. acquired a new stake in shares of  Mueller Industries in the 1st quarter valued at $317,000.  OneDigital Investment Advisors LLC acquired a new position in  Mueller Industries in the first quarter valued at about $272,000.  Envestnet Asset Management Inc. increased its stake in  Mueller Industries by 134.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 290,573 shares of the industrial products company's stock worth $22,124,000 after purchasing an additional 166,637 shares in the last quarter.  TD Private Client Wealth LLC raised its holdings in shares of  Mueller Industries by 218.7% during the first quarter. TD Private Client Wealth LLC now owns 8,747 shares of the industrial products company's stock worth $666,000 after acquiring an additional 6,002 shares during the period.  Finally, Alps Advisors Inc. lifted its holdings in shares of  Mueller Industries by 7.0% in the first quarter. Alps Advisors Inc. now owns 148,727 shares of the industrial products company's stock valued at $11,324,000 after purchasing an additional 9,710 shares in the last quarter. 94.50% of the stock is owned by institutional investors. </p><div><p><span></span><span>Get <strong>Mueller Industries</strong> alerts:</span></p></div><h2>Analyst Ratings Changes</h2><p>Separately, Weiss Ratings  restated a &#34;buy (b)&#34; rating on shares of Mueller Industries in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating,  Based on data from MarketBeat, the company  has an average rating of &#34;Buy&#34; and a consensus price target of $105.00.</p><ul><li>3 Value Stocks Too Small For Buffett’s Portfolio</li></ul><p><b>Read Our Latest Research Report on MLI</b></p><h2>Mueller Industries Stock Performance</h2><p>Shares of MLI stock opened at $106.54 on Friday. Mueller Industries, Inc. has a 52 week low of $66.84 and a 52 week high of $109.48. The company has a 50-day simple moving average of $100.54 and a 200 day simple moving average of $88.13. The company has a market capitalization of $11.83 billion, a price-to-earnings ratio of 15.90 and a beta of 1.04. </p><p>Mueller Industries (NYSE:MLI - Get Free Report) last released its quarterly earnings results on Tuesday, October 21st. The industrial products company reported $1.88 earnings per share for the quarter, missing the consensus estimate of $1.99 by ($0.11). The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $942.00 million. Mueller Industries had a return on equity of 25.02% and a net margin of 18.10%.The business's revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the previous year, the business posted $1.48 earnings per share. </p><h2>Insider Activity at Mueller Industries</h2><p>In related news, Director John B. Hansen sold 1,000 shares of the business's stock in a transaction dated Thursday, October 23rd. The stock was sold at an average price of $105.71, for a total value of $105,710.00. Following the completion of the transaction, the director owned 91,664 shares of the company's stock, valued at $9,689,801.44. The trade was a 1.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available through this link. Also, CEO Gregory L. Christopher sold 158,000 shares of the stock in a transaction dated Thursday, October 23rd. The stock was sold at an average price of $104.32, for a total transaction of $16,482,560.00. Following the sale, the chief executive officer owned 1,119,241 shares in the company, valued at $116,759,221.12. The trade was a 12.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 352,000 shares of company stock worth $36,576,640 over the last ninety days. Insiders own  2.70% of the company's stock. </p><h2>Mueller Industries Profile</h2> (Free Report)<p>Mueller Industries, Inc manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. It operates through three segments: Piping Systems, Industrial Metals, and Climate. The Piping Systems segment offers copper tubes, fittings, line sets, and pipe nipples.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Mueller Industries</li><li>3 Natural Gas Stocks That Offer Great Dividend Yields</li><li>CAVA Stock Looking for Direction After Earnings Miss</li><li>Buy P&amp;G Now, Before It Sets A New All-Time High</li><li>3 Small AI Stocks Ready to Explode (All Under $20)</li><li>What is a Stock Market Index and How Do You Use Them?</li><li>After 16% Fall, Analysts Eye a Big Recovery in Meta Platforms</li></ul><p><strong>Want to see what other hedge funds are holding MLI?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mueller Industries, Inc. (NYSE:MLI - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1MSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU1MSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Mueller Industries Right Now?</h2><p>Before you consider Mueller Industries, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Mueller Industries wasn't on the list.</p><p>While Mueller Industries currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Huntington National Bank significantly increased its stake in Mueller Industries, Inc. (NYSE: MLI) by 3,725.3% in Q2, owning 3,634 shares valued at $289,000. Other institutional investors also raised their holdings. Mueller Industries reported Q3 earnings of $1.88 per share, missing estimates, with revenue of $1.08 billion, up 8% year-over-year. The stock opened at $106.54, with a 52-week range of $66.84 to $109.48. Insiders sold shares recently, with 94.5% of the stock owned by institutional investors.</p>

Huntington National Bank Has $289,000 Stock Holdings in Mueller Industries, Inc. $MLI