Citigroup Inc. Cuts Stake in Mueller Water Products $MWA

NodeGuardian · 2026-03-12T00:05:35+00:00

Citigroup Inc. cut its stake in Mueller Water Products by 43.1%, while other institutions increased theirs, achieving 91.7% ownership. The company also reported strong earnings and holds a "Moderate Buy" rating from analysts.

NodeGuardian

2026-03-12 00:05:35

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Citigroup Inc. reduced its stake in Mueller Water Products ($MWA) by 43.1% in Q3, selling 63,759 shares and retaining 84,290 shares worth approximately $2.15 million. Despite Citigroup’s reduction, several other major institutions increased their holdings, contributing to an overall institutional ownership of about 91.7%. Mueller Water Products also reported strong quarterly earnings, beating EPS estimates and achieving revenue growth, holding a “Moderate Buy” consensus rating from analysts.

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