Royce & Associates Reduces Stake in Mueller Industries

Institutional investor sells over 100,000 shares of industrial products company

Mar. 3, 2026 at 12:23am

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Royce & Associates LP, an investment management firm, has reduced its stake in Mueller Industries, Inc. (NYSE:MLI) by 19.2% in the third quarter, according to a recent SEC filing. The firm now owns 424,224 shares of the industrial products company, down from 524,741 shares previously.

Why it matters

This transaction provides insight into the investment strategy and portfolio adjustments of a major institutional investor. Changes in large shareholder positions can impact a company's stock price and trading volume, and signal potential shifts in market sentiment around the stock.

The details

According to the filing, Royce & Associates sold 100,517 shares of Mueller Industries during the third quarter. The firm now owns a 0.38% stake in the company, valued at $42.9 million as of the most recent filing. Mueller Industries is a diversified manufacturer and marketer of copper, brass, aluminum, and plastic products serving various industries including HVAC, refrigeration, plumbing, and automotive.

  • Royce & Associates reduced its stake in Mueller Industries during the third quarter of 2026.

The players

Royce & Associates LP

An investment management firm that focuses on small-cap and mid-cap stocks.

Mueller Industries, Inc.

A diversified manufacturer and marketer of copper, brass, aluminum, and plastic products serving various industries.

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The takeaway

This transaction highlights the ongoing portfolio adjustments and investment strategy changes made by major institutional investors like Royce & Associates. While the reasons behind the stake reduction are not explicitly stated, it provides a data point on the market's sentiment towards Mueller Industries and its industrial products business.