Argus lowers target to USD 68.00 for Mueller Industries stock
Published on 10/17/2026 at 20:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings date
- Argus lowered its Mueller Industries target to USD 68.00 on October 14, 2026.
- Mueller Industries is expected to report USD 1.29 billion in revenue on October 27, 2026.
- Mueller Industries stock was last at EUR 53.46 at Lang & Schwarz on October 16, 2026 at 10:59 p.m. CEST, down 0.89 percent on the NYSE.
- Mueller Industries had a market capitalization of USD 13.3 billion and a P/E ratio of 15.64 as of October 16, 2026.
Argus lowered its Mueller Industries target to USD 68.00 on October 14, 2026, according to Yahoo Finance. Against the NYSE price of USD 60.06 on October 16, 2026, the target stood 13.22 percent higher. Mueller Industries was last at EUR 53.46 at Lang & Schwarz on October 16, 2026 at 10:59 p.m. CEST, down 0.89 percent on the NYSE.
October 27 results and estimates
Mueller Industries is estimated to report its third-quarter 2026 results on October 27, 2026, before the market opens, according to MarketBeat. The same page lists a consensus revenue estimate of USD 1.29 billion and consensus earnings per share of USD 1.08 for the quarter. The prior-year comparison is USD 1.08 billion in revenue and USD 0.94 earnings per share.
Price position after October 16
The NYSE price was USD 60.06 on October 16, 2026, with a session range of USD 59.96 to USD 61.48. Trading volume reached 2,287,803 shares, against an average volume of 1,447,681 shares. The stock stood 15.56 percent below its USD 71.12 52-week high and 23.07 percent above its USD 48.80 52-week low.
Mueller Industries reported USD 1.43 billion in revenue and USD 1.13 diluted earnings per share for the second quarter of 2026. Revenue increased 25.50 percent from the prior-year quarter, while earnings per share exceeded the USD 1.09 consensus estimate by USD 0.04, according to MarketBeat.
Valuation and next date
Mueller Industries had a market capitalization of USD 13.3 billion, a P/E ratio of 15.64 and a dividend yield of 1.00 percent as of October 16, 2026. Its next scheduled earnings date is October 27, 2026, while the conference call is scheduled for October 20, 2026 at 11:30 a.m. ET, according to MarketBeat.
Comparison with peers
MLI: minus 0.89 percent, P/E 15.64, market capitalization USD 13.3 billion
Badger Meter (NYSE, USD): minus 0.32 percent, P/E 29.55, market capitalization USD 3.7 billion
Xylem (NYSE, USD): plus 0.68 percent, P/E 24.78, market capitalization USD 24.3 billion
Price in euros after hours
For investors in Germany, the euro quotation provides the direct local-currency view. Mueller Industries was last at EUR 53.46 at Lang & Schwarz on October 16, 2026 at 10:59 p.m. CEST, while the NYSE session ended at USD 60.06.
The further course of trading is shown by the continuously updated real-time quote of Mueller Industries stock.
Mueller Industries stock facts
- Company: Mueller Industries, Inc.
- ISIN: US6247561029
- Ticker: MLI
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 16, 2026, 10:59 p.m. CEST): EUR 53.46
- Change on NYSE (October 16, 2026): minus 0.89 percent
- Market capitalization: USD 13.3 billion (as of October 16, 2026)
- 52-week range: USD 48.80-71.12 (as of October 16, 2026)
- Sector / Industry: Industrials / Manufacturing - Metal Fabrication
Market context: Market report S&P 500.
