Mueller Water Products, Inc. Class A (MWA)

Over the past six months, Mueller Water Products' stock has experienced an increase of 12.92% in the past month and 9.3% over the last six months. As of February 6, 2026, the closing price was $27.94, with a market capitalization of $3.39 billion. In February 2026, Mueller Water Products reported strong Q1 2026 earnings, exceeding both EPS and revenue forecasts, and raised its full-year fiscal 2026 guidance.

Demand for certain Mueller Water Products is seasonal, influenced by construction activity. Net sales and operating income have historically been lowest in the company's first and second fiscal quarters due to cold weather conditions. The company anticipates its second-half Adjusted EBITDA margin to be higher than the first half, largely driven by the seasonality of net sales.

Mueller Water Products, Inc. (MWA) is a North American manufacturer and marketer of water transmission, distribution, and measurement products and solutions, operating primarily within the water infrastructure industry. The company operates through two segments: Water Flow Solutions and Water Management Solutions, offering a range of products and services under key brands like Mueller®, U.S. Pipe, and Echologics®.

Mueller Water Products' operations are primarily concentrated in North America, with facilities across the United States and Canada, with Canada accounting for approximately 6% of its net sales. The company has exposure to international sourcing, particularly from China and Israel.

Mueller Water Products has a longstanding history dating back to 1857, reflecting a commitment to product quality and supply chain resilience. The "Mueller" brand is considered the most recognized brand in the United States water infrastructure industry. The company's Q1 2026 performance highlighted strong results and strategic investments in domestic manufacturing capabilities.

Institutional investors and hedge funds hold a substantial portion of Mueller Water Products' stock, collectively owning over 91% as of March 30, 2025. Major institutional shareholders include BlackRock, Inc. and The Vanguard Group, Inc. BlackRock, Inc. is the largest single shareholder, holding 17.80% of the shares, followed by The Vanguard Group, Inc. with 12.63% ownership as of March 30, 2025.