Argus raises Mueller Industries stock target to USD 69.00

Published on 10/15/2026 at 22:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter results are scheduled for October 27, 2026. Mueller Industries stock costs EUR 53.99 on October 15, 2026, down 0.25 percent on the NYSE.

Analyst target and dates

Argus raised its Mueller Industries price target to USD 69.00 on October 7, 2026.
Mueller Industries is scheduled to report third-quarter results on October 27, 2026.
Mueller Industries stock costs EUR 53.99 at Lang & Schwarz on October 15, 2026 at 10:29 p.m. CEST, down 0.25 percent on the NYSE versus the prior close.
Mueller Industries had a market capitalization of USD 13.4 billion and a P/E ratio of 15.78 as of October 15, 2026.

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Argus raised its Mueller Industries price target to USD 69.00 on October 7, 2026, according to Yahoo Finance. Against the NYSE price of USD 60.60, the target stands 13.86 percent higher. At Lang & Schwarz, Mueller Industries stock was trading at EUR 53.99 on October 15, 2026 at 10:29 p.m. CEST, down 0.25 percent on the NYSE versus its prior close.

Third-quarter date and estimates

Mueller Industries is scheduled to report third-quarter results on October 27, 2026, before the market opens, according to MarketBeat. The same calendar lists a conference call for October 20, 2026 at 11:30 a.m. ET. The published consensus calls for USD 1.08 in earnings per share and USD 1.29 billion in revenue for the quarter.

Revenue growth meets a wider range

Mueller Industries generated USD 1.43 billion in revenue in the second quarter of 2026, up 25.50 percent from the year-earlier period. Operating profit reached USD 309.97 million, while net income was USD 250.29 million and diluted earnings per share were USD 1.13. MarketBeat reported that revenue exceeded the USD 1.27 billion consensus estimate, while earnings per share exceeded the USD 1.09 estimate.

Price position and valuation

The USD 60.60 NYSE price stood 14.80 percent below the 52-week high of USD 71.12 and 24.18 percent above the USD 48.80 low on October 15, 2026. The stock had a market capitalization of USD 13.4 billion, a P/E ratio of 15.78 and a trading volume of 1,305,282 shares against an average of 1,451,718 shares.

The company declared a quarterly dividend of USD 0.175, equal to an annualized USD 0.70, according to MarketBeat's October 13, 2026 report. The cited yield was 1.20 percent, while the payout ratio was 18.23 percent.

Comparison with peers

Mueller Industries (NYSE, USD): minus 0.25 percent, P/E 15.78, market capitalization USD 13.4 billion

Watts Water Technologies (NYSE, USD): plus 0.85 percent, P/E 30.98, market capitalization USD 11.9 billion

Franklin Electric (Nasdaq, USD): plus 0.83 percent, P/E 29.02, market capitalization USD 4.5 billion

What the next date adds

The October 27, 2026 report will test whether the revenue expansion recorded in the second quarter carries into the next period. The October 20 call comes first and gives investors an earlier scheduled date for management commentary.

Stock price after the Xetra close

Mueller Industries stock was trading at EUR 53.99 at Lang & Schwarz on October 15, 2026 at 10:29 p.m. CEST, down 0.25 percent on the NYSE versus the prior close. The further course of trading is shown by the continuously updated real-time quote of Mueller Industries stock.