The Middleby Corporation (NASDAQ:MIDD) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of The Middleby Corporation (NASDAQ:MIDD) have earned an average rating of “Moderate Buy” from the nine research firms that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $177.1429.

Several research analysts recently weighed in on the stock. KeyCorp upped their price target on shares of Middleby from $175.00 to $190.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Zacks Research cut Middleby from a “strong-buy” rating to a “hold” rating in a report on Monday, January 26th. JPMorgan Chase & Co. boosted their price objective on Middleby from $125.00 to $140.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Weiss Ratings restated a “sell (d)” rating on shares of Middleby in a research report on Monday, December 29th. Finally, Robert W. Baird lifted their price target on Middleby from $159.00 to $197.00 and gave the stock an “outperform” rating in a research note on Friday, February 27th.

Middleby Price Performance

Shares of NASDAQ MIDD opened at $132.09 on Friday. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.92 and a current ratio of 2.57. The firm has a fifty day moving average of $150.84 and a 200 day moving average of $140.64. The firm has a market cap of $6.23 billion, a PE ratio of -23.05 and a beta of 1.41. Middleby has a one year low of $110.82 and a one year high of $169.44.

Middleby (NASDAQ:MIDD) last posted its quarterly earnings data on Thursday, February 26th. The industrial products company reported $2.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.15. Middleby had a negative net margin of 7.44% and a positive return on equity of 14.57%. The business had revenue of $334.59 million for the quarter, compared to the consensus estimate of $1.01 billion. During the same period last year, the firm posted $2.88 earnings per share. The company’s revenue was up 4.5% compared to the same quarter last year. Middleby has set its FY 2026 guidance at 9.200-9.360 EPS and its Q1 2026 guidance at 1.900-2.020 EPS. As a group, research analysts predict that Middleby will post 9.11 EPS for the current fiscal year.

Institutional Trading of Middleby

Several large investors have recently bought and sold shares of MIDD. Hsbc Holdings PLC purchased a new position in Middleby in the 4th quarter worth approximately $2,464,000. Corient Private Wealth LLC grew its position in shares of Middleby by 107.0% in the fourth quarter. Corient Private Wealth LLC now owns 16,201 shares of the industrial products company’s stock valued at $2,409,000 after purchasing an additional 8,373 shares in the last quarter. Aristides Capital LLC purchased a new stake in shares of Middleby in the fourth quarter valued at approximately $249,000. Kera Capital Partners Inc. increased its holdings in shares of Middleby by 44.9% in the fourth quarter. Kera Capital Partners Inc. now owns 2,589 shares of the industrial products company’s stock valued at $381,000 after purchasing an additional 802 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. increased its holdings in shares of Middleby by 4,256.3% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 722,137 shares of the industrial products company’s stock valued at $107,361,000 after purchasing an additional 705,560 shares during the last quarter. Hedge funds and other institutional investors own 98.55% of the company’s stock.

Middleby Company Profile

Middleby Corporation is a global manufacturer and distributor of commercial foodservice and food processing equipment. The company designs, engineers and markets a wide range of cooking, baking, refrigeration, warewashing, holding and dispensing solutions. Middleby’s products serve restaurants, hotels, convenience stores, institutional cafeterias, cruise ships and other foodservice operators.

The company’s portfolio spans multiple well-known brands, including Blodgett ovens, TurboChef rapid‐cook ovens, Southbend ranges and broilers, Pitco fryers, and Viking residential and commercial kitchen appliances.