<div id="readability-page-1"><p>Cresset Asset Management LLC trimmed its position in shares of  Mueller Industries, Inc. (NYSE:MLI - Free Report) by 30.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,717 shares of the industrial products company's stock after selling 11,890 shares during the quarter. Cresset Asset Management LLC's holdings in Mueller Industries were worth $2,123,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><div><p><span></span><span>Get <strong>Mueller Industries</strong> alerts:</span></p></div><ul><li>Russell 2000 Surge Post-Election: How to Play the Small-Cap Pop</li></ul><p>Several other institutional investors and hedge funds also recently made changes to their positions in MLI. Brooklyn Investment Group lifted its position in shares of  Mueller Industries by 267.3% during the first quarter. Brooklyn Investment Group now owns 382 shares of the industrial products company's stock valued at $29,000 after purchasing an additional 278 shares in the last quarter.  Rise Advisors LLC purchased a new stake in  Mueller Industries in the 1st quarter valued at about $30,000.  Employees Retirement System of Texas purchased a new stake in  Mueller Industries in the 2nd quarter valued at about $34,000.  Northwestern Mutual Wealth Management Co. lifted its position in shares of  Mueller Industries by 108.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 501 shares of the industrial products company's stock worth $40,000 after buying an additional 261 shares in the last quarter.  Finally, Maseco LLP purchased a new position in shares of  Mueller Industries in the 2nd quarter worth approximately $40,000. Hedge funds and other institutional investors own  94.50% of the company's stock. </p><h2>Insider Activity</h2><p>In other Mueller Industries news, Director Scott Jay Goldman sold 4,234 shares of the company's stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $108.64, for a total transaction of $459,981.76. Following the sale, the director directly owned 41,745 shares of the company's stock, valued at $4,535,176.80. This represents a 9.21% 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 transaction, the chief executive officer owned 1,119,241 shares of the company's stock, valued at $116,759,221.12. This represents a 12.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 355,234 shares of company stock valued at $36,944,652 in the last 90 days. Insiders own  2.70% of the company's stock. </p><h2>Mueller Industries Stock Performance</h2><ul><li>3 Value Stocks Too Small For Buffett’s Portfolio</li></ul><p>Shares of MLI stock opened at $111.68 on Tuesday. The firm has a market cap of $12.40 billion, a price-to-earnings ratio of 16.67 and a beta of 1.04. Mueller Industries, Inc. has a 52 week low of $66.84 and a 52 week high of $113.89. The firm's 50-day simple moving average is $105.10 and its two-hundred day simple moving average is $93.53. </p><p>Mueller Industries (NYSE:MLI - Get Free Report) last issued its quarterly earnings results on Tuesday, October 21st. The industrial products company reported $1.88 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.99 by ($0.11). Mueller Industries had a return on equity of 25.02% and a net margin of 18.10%.The company had revenue of $1.08 billion for the quarter, compared to analysts' expectations of $942.00 million. During the same quarter in the previous year, the business earned $1.48 EPS. The company's revenue for the quarter was up 8.0% on a year-over-year basis. </p><h2>Mueller Industries Announces Dividend</h2><p>The company also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, December 5th will be paid a $0.25 dividend. The ex-dividend date is Friday, December 5th. This represents a $1.00 annualized dividend and a dividend yield of 0.9%. Mueller Industries's payout ratio is presently 14.93%. </p><h2>Analyst Ratings Changes</h2><p>Separately, Weiss Ratings  reaffirmed a &#34;buy (b)&#34; rating on shares of Mueller Industries in a research report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating,  According to MarketBeat, Mueller Industries presently has a consensus rating of &#34;Buy&#34; and a consensus price target of $105.00.</p><p><b>Read Our Latest Stock Analysis on Mueller Industries</b></p><h2>Mueller Industries Company 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>Read More</h2><ul><li>Five stocks we like better than Mueller Industries</li><li>Technology Stocks Explained: Here's What to Know About Tech</li><li>What Dollar Tree’s Surge and Home Depot’s Slide Say About Consumer Health</li><li>What is a Special Dividend?</li><li>3 Stocks Most Likely to Split in 2026</li><li>Manufacturing Stocks Investing</li><li>ChargePoint's Comeback Story: Why This EV Stock Is Charging Up Again</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>Cresset Asset Management LLC reduced its stake in Mueller Industries, Inc. by 30.8% in Q2, selling 11,890 shares. The fund now holds 26,717 shares valued at $2,123,000. Other institutional investors also adjusted their positions in Mueller Industries. Insiders sold 355,234 shares worth $36,944,652 in the last 90 days. Mueller Industries reported Q3 earnings of $1.88 per share, missing estimates, with revenue up 8% year-over-year. The company announced a $0.25 quarterly dividend, yielding 0.9%. Analysts maintain a 'Buy' rating with a $105 price target.</p>

Cresset Asset Management LLC Sells 11,890 Shares of Mueller Industries, Inc. $MLI