SG Americas Securities LLC Sells Shares of Mueller Industries,
January 28, 2023
Trending News ☀️
Mueller Industries ($NYSE:MLI) is a leading manufacturer of copper, brass, plastic, and aluminum products. It operates in three segments: Plumbing & Refrigeration, HVAC, and Industrial Manufacturing. Products are used in a range of applications including plumbing and refrigeration, air conditioning and ventilation, and industrial piping systems. The company also provides a range of related services. The company has grown to become a global leader in the manufacturing and distribution of copper, brass, plastic, and aluminum products. It serves a variety of industries ranging from residential and commercial construction to automotive and aerospace.
The company has operations throughout North America, Europe, Asia, and Latin America. It is headquartered in Memphis, Tennessee. The company’s shares have been trading at an all-time high recently, with a market capitalization of over $3 billion. Investors have been drawn to the company’s strong financial performance and its attractive dividend yield. With its innovative products and services, strong financial performance, and attractive dividend yield, Mueller Industries is an appealing investment opportunity for many investors.
Share Price
The news has been mostly positive so far and on Monday, the stock opened at $64.0 and closed at $64.6, a 1.1% increase from the previous closing price of $63.8. This is a sign of investor confidence in the company and its products. Mueller Industries has a long history of success and their products are used in multiple industries such as plumbing, HVAC, automotive, and refrigeration. The company consistently produces high quality products and its innovative technology helps them to stay ahead of the competition. The company has been focusing on expanding its presence in the global market and has recently made several strategic acquisitions which will help them to further strengthen their market position. The company is also investing heavily in research and development to bring new and improved products to the market.
Overall, Mueller Industries is well positioned to benefit from the growing demand for its products. Investors can expect the company’s stock to continue to increase in value as they continue to grow and expand their operations. With the recent sale of shares, investors are showing confidence in the future of the company and its products. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Mueller Industries. More…
| Total Revenues | Net Income | Net Margin |
| 4.06k | 645.01 | 15.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Mueller Industries. More…
| Operations | Investing | Financing |
| 647.13 | -31.01 | -213.87 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Mueller Industries. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.11k | 455.1 | 28.58 |
Key Ratios Snapshot
Some of the financial key ratios for Mueller Industries are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 18.4% | 66.6% | 21.2% |
| FCF Margin | ROE | ROA |
| 15.1% | 34.4% | 25.6% |
VI Analysis
The VI app makes analyzing the long-term potential of Mueller Industries‘ fundamentals easy. The VI Star Chart shows that the company is strong in asset, dividend, growth, and medium in profitability. This means that Mueller Industries is classified as a ‘gorilla’, a type of company that has achieved stable and high revenue or earning growth due to its strong competitive advantage. Such a company may attract investors who are looking for long-term, stable returns. These types of investors may be willing to accept a lower return in exchange for the security of the company’s strong fundamentals. This makes Mueller Industries an attractive option for conservative investors who prioritize safety and stability over higher returns. Furthermore, Mueller Industries has a high health score of 10/10 with regard to its cash flows and debt, meaning it is capable to sustain future operations in times of crisis. This is an important factor for investors as it reduces their risk exposure. In summary, Mueller Industries is a company with strong fundamentals that may be attractive to conservative investors seeking long-term stability. More…
VI Peers
Its competitors include Franklin Electric Co Inc, Furukawa Electric Co Ltd, PT Tembaga Mulia Semanan Tbk.
– Franklin Electric Co Inc ($NASDAQ:FELE)
Franklin Electric Co Inc is a manufacturer of submersible motors, pumps, and related parts and equipment. The company has a market capitalization of $3.95 billion as of 2022 and a return on equity of 18.79%. The company’s products are used in a variety of applications including residential, agricultural, commercial, and industrial water pumping.
– Furukawa Electric Co Ltd ($TSE:5801)
Furukawa Electric Co., Ltd. engages in the manufacture and sale of electric and electronic materials, products, and systems. It operates through the following segments: Electronic Devices, Optics, and Communication; Materials; Automotive; and Energy. The Electronic Devices, Optics, and Communication segment offers copper clad laminates, printed wiring boards, lead frames, optical fibers, optical fiber cables, and optical connectors. The Materials segment provides aluminum wire rods, aluminum alloys, aluminum foils, rare metals, and chemical products. The Automotive segment supplies automotive parts such as electric wires and cables, connectors, and battery terminals. The Energy segment offers power cables and power distribution equipment. The company was founded by Masaru Furukawa on June 8, 1949 and is headquartered in Tokyo, Japan.
– PT Tembaga Mulia Semanan Tbk ($IDX:TBMS)
PT Tembaga Mulia Semanan Tbk is one of the largest mining companies in Indonesia with a market cap of 593.25B as of 2022. The company is engaged in the exploration, mining, and smelting of copper and gold.
Summary
Mueller Industries, Inc. is an attractive investment opportunity for investors looking to diversify their portfolio. Recent news of SG Americas Securities LLC selling shares of Mueller Industries, Inc. indicates that investors are confident in the company’s future prospects. Analysts have been generally positive on Mueller Industries, Inc., with the majority of analysts rating the stock as a “Buy” or “Strong Buy”.
The company’s financials show a healthy balance sheet and a solid outlook for growth. Investing in Mueller Industries, Inc. could be a great way to add value to a portfolio.
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
