Compare · MLI vs VATE
MLI vs VATE
Side-by-side comparison of Mueller Industries Inc. (MLI) and INNOVATE Corp. (VATE): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both MLI and VATE operate in Metal Fabrications (Industrials), so they compete in similar markets.
- MLI is the larger of the two at $13.60B, about 129.2x VATE ($105.3M).
- VATE has been more active in the news (21 items in the past 4 weeks vs 10 for MLI).
- MLI has more recent analyst coverage (4 ratings vs 0 for VATE).
- Company
- Mueller Industries Inc.
- INNOVATE Corp.
- Price
- -
- -
- Market cap
- $13.60B
- $105.3M
- 1M return
- -4.13%
- -
- 1Y return
- +28.22%
- -
- Industry
- Metal Fabrications
- Metal Fabrications
- Exchange
- NYSE
- NYSE
- IPO
- News (4w)
- 10
- 21
- Recent ratings
- 4
- 0
Mueller Industries Inc.
Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. The company's Piping Systems segment offers copper tubes, fittings, line sets, and pipe nipples; PEX plumbing and radiant systems; and plumbing-related fittings and plastic injection tooling. It also resells steel pipes, brass and plastic plumbing valves, malleable iron fittings and faucets, and plumbing specialties; and supplies water tubes. This segment sells its products to wholesalers in the plumbing and refrigeration markets, distributors to the manufactured housing and recreational vehicle industries, building material retailers, and air-conditioning original equipment manufacturers (OEMs). The company's Industrial Metals segment manufactures brass, bronze, and copper alloy rods; copper bar and alloy shapes; plumbing brass, valves, and fittings; cold-form aluminum and copper products; machining of aluminum, steel, brass, and cast iron impacts and castings; brass and aluminum forgings; brass, aluminum, and stainless-steel valves; fluid control solutions; and gas train assembles to OEMs in the industrial, construction, HVAC, plumbing, and refrigeration markets. Its Climate segment offers valves, protection devices, brass fittings, and tubular assemblies and fabrications for various OEMs in the commercial HVAC and refrigeration markets; high-pressure components and accessories for the air-conditioning and refrigeration markets; coaxial heat exchangers and twisted tubes for the HVAC, geothermal, refrigeration, swimming pool heat pump, marine, ice machine, commercial boiler, and heat reclamation markets; insulated HVAC flexible duct systems; and brazed manifolds, headers, and distributor assemblies. The company was founded in 1917 and is headquartered in Collierville, Tennessee.
INNOVATE Corp.
INNOVATE Corp., through its subsidiaries, provides construction, insurance, life sciences, broadcasting, and other services in the United States, the United Kingdom, and internationally. The company models, details, fabricates, and erects structural steel for commercial and industrial, and infrastructure construction projects, including building and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, and power plants. It also fabricates trusses and girders; and fabricates and erects water pipes, water storage tanks, pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and various customized products. In addition, the company provides equipment for the oil and gas industry. Further, it offers long-term care, life, annuity, and other accident and health coverage; focuses on developing products for early osteoarthritis of the knee, as well as skin lightening technology; and operates over-the-air broadcasting stations and Azteca America, a Spanish-language broadcast network. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. INNOVATE Corp. was founded in 1994 and is headquartered in New York, New York.
Latest MLI
- EVP, CFO & Treasurer Martin Jeffrey Andrew sold $5,778,848 worth of shares (86,209 units at $67.03), decreasing direct ownership by 13% to 572,716 units (SEC Form 4)
- Chairman of the Board & CEO Christopher Gregory L. sold $23,384,310 worth of shares (340,000 units at $68.78), decreasing direct ownership by 11% to 1,598,850 units (SEC Form 4)
- Mueller Industries Inc. filed SEC Form 8-K: Leadership Update, Other Events, Financial Statements and Exhibits
- Mueller Industries, Inc. Announces Retirement of Gary S. Gladstein from the Board of Directors Effective December 31, 2026
- Mueller Industries, Inc. Declares Cash Dividend for Third Quarter
- Executive VP - Admin Pieralisi Daniel was granted 6,000 shares, increasing direct ownership by 7% to 89,108 units (SEC Form 4)
- EVP, CFO & Treasurer Martin Jeffrey Andrew was granted 34,000 shares, increasing direct ownership by 5% to 658,925 units (SEC Form 4)
- EVP, Gen. Counsel, Secretary Miritello Christopher John was granted 9,000 shares, increasing direct ownership by 3% to 271,036 units (SEC Form 4)
- Chairman of the Board & CEO Christopher Gregory L. was granted 125,000 shares, increasing direct ownership by 7% to 1,798,850 units (SEC Form 4)
- Director Hansen John B sold $233,640 worth of shares (3,444 units at $67.84) and gifted 250 shares, decreasing direct ownership by 1% to 181,078 units (SEC Form 4)
Latest VATE
- SEC Form PRE 14C filed by INNOVATE Corp.
- SEC Form EFFECT filed by INNOVATE Corp.
- Amendment: SEC Form S-3/A filed by INNOVATE Corp.
- INNOVATE Corp. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
- MediBeacon® Transdermal GFR System Nominated for 2026 Prix Galien USA Best Medical Technology
- CFO and Corporate Secretary Sena Michael J. was granted 15,576 shares, increasing direct ownership by 13% to 131,558 units (SEC Form 4)
- Interim CEO Voigt Paul was granted 133,511 shares and covered exercise/tax liability with 60,643 shares, increasing direct ownership by 12% to 698,758 units (SEC Form 4)
- Director Gfeller Warren H was granted 12,016 shares, increasing direct ownership by 18% to 79,719 units (SEC Form 4)
- Director Wilkinson Amy Marie was granted 12,016 shares, increasing direct ownership by 26% to 58,920 units (SEC Form 4)
- Director Goldstein Brian Steven was granted 12,016 shares, increasing direct ownership by 25% to 60,999 units (SEC Form 4)