Northcoast upgrades Mueller Industries, Inc (MLI) rating to a Buy

Mueller Industries, Inc’s filing revealed that its Chief Manufacturing Officer Sigloch Steffen unloaded Company’s shares for reported $1.47 million on Jul 02 ’25. In the deal valued at $82.62 per share,17,831 shares were sold. As a result of this transaction, Sigloch Steffen now holds 120,375 shares worth roughly $10.4 million.

Then, Sigloch Steffen sold 1,754 shares, generating $144,705 in total proceeds. Upon selling the shares at $82.50, the Chief Manufacturing Officer now owns 138,206 shares.

Before that, Steffen Sigloch bought 19,585 shares. Mueller Industries, Inc shares valued at $1,556,420 were divested by the Officer at a price of $79.47 per share.

Northcoast upgraded its Mueller Industries, Inc [MLI] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Northcoast’s analysts, who decreased its forecast for the stock in mid January from “a Buy” to “a Neutral”. Boenning & Scattergood also remained covering MLI and has increased its forecast on December 14, 2020 with a “an Outperform” recommendation from previously “Neutral” rating. Boenning & Scattergood revised its rating on February 04, 2020. It rated MLI as “an Outperform” which previously was an “a Neutral”.

Price Performance Review of MLI

On Friday, Mueller Industries, Inc [NYSE:MLI] saw its stock jump 0.90% to $86.39. Over the last five days, the stock has gained 4.54%. Mueller Industries, Inc shares have risen nearly 55.02% since the year began. Nevertheless, the stocks have risen 8.86% over the past one year. While a 52-week high of $96.81 was reached on 07/11/25, a 52-week low of $58.31 was recorded on 04/07/25.

Levels Of Support And Resistance For MLI Stock

The 24-hour chart illustrates a support level at 84.97, which if violated will result in even more drops to 83.55. On the upside, there is a resistance level at 87.18. A further resistance level may holdings at 87.96.

How much short interest is there in Mueller Industries, Inc?

A steep rise in short interest was recorded in Mueller Industries, Inc stocks on 2025-06-13, dropping by -0.39 million shares to a total of 3.95 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 4.34 million shares. There was a decline of -9.76%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on May 18, 2018 when Boenning & Scattergood began covering the stock and recommended ‘”a Neutral”‘ rating .

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