TSX gains after CPI shows US inflation rose 3%
Mueller Industries Inc. has reached a significant milestone as its stock hit an all-time high of 100.66 USD. The company’s exceptional performance is reflected in its perfect Piotroski Score of 9, as reported by InvestingPro, indicating strong operational efficiency and financial stability. This achievement underscores the company’s robust performance and investor confidence over the past year. The stock has experienced a notable 39.14% increase over the last 12 months, with a healthy P/E ratio of 15.85 and strong financial metrics, including a current ratio of 4.86 and minimal debt exposure. This upward trajectory highlights Mueller Industries’ resilience and strategic positioning in the market, marking a period of growth and opportunity for the company and its shareholders. InvestingPro subscribers have access to 13 additional key insights about Mueller Industries, including detailed valuation analysis and growth projections.
In other recent news, Mueller Industries reported impressive second-quarter earnings that exceeded analyst expectations. The company achieved adjusted earnings per share of $1.96, surpassing the consensus estimate of $1.62 by $0.34. Additionally, Mueller Industries reported revenue of $1.14 billion, slightly above the projected $1.11 billion, marking a 14.3% increase from $997.7 million in the same quarter last year. In another development, the Board of Directors declared a regular quarterly cash dividend of 25 cents per share on its common stock. The dividend is set to be paid on September 19, 2025, to shareholders of record as of September 5, 2025. These recent developments highlight the company’s robust financial performance and commitment to returning value to its shareholders.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
