Argent Trust Co Acquires New Position in Mueller Industries, Inc.

The institutional investor acquired 27,746 shares of the industrial products company's stock, valued at approximately $2.8 million.

Mar. 3, 2026 at 1:23am

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Argent Trust Co acquired a new stake in Mueller Industries, Inc. (NYSE:MLI) during the 3rd quarter, according to the company's most recent filing with the SEC. The institutional investor acquired 27,746 shares of the industrial products company's stock, valued at approximately $2,805,000.

Why it matters

This investment by Argent Trust Co in Mueller Industries, a diversified manufacturer and marketer of copper, brass, aluminum and plastic products, suggests the institutional investor sees growth potential in the company's industrial products and services.

The details

Argent Trust Co acquired the 27,746 shares of Mueller Industries in the 3rd quarter. The shares were valued at approximately $2.8 million. The investment comes as Mueller Industries has seen its stock price rise over the past year, reaching a 52-week high of $139.29 in January 2026.

  • Argent Trust Co acquired the new stake in Mueller Industries during the 3rd quarter of the year.

The players

Argent Trust Co

An institutional investor that acquired a new stake in Mueller Industries, Inc.

Mueller Industries, Inc.

A diversified manufacturer and marketer of copper, brass, aluminum and plastic products serving a wide range of markets including HVAC, refrigeration, plumbing, industrial gas, automotive and agricultural sectors.

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The takeaway

Argent Trust Co's investment in Mueller Industries suggests the institutional investor sees growth potential in the company's industrial products and services, as Mueller Industries' stock price has risen over the past year to reach new highs.