Fieldview Capital Management LLC Increases Holdings in The Middleby Corporation $MIDD

Fieldview Capital Management LLC grew its holdings in shares of The Middleby Corporation (NASDAQ:MIDD) by 126.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,856 shares of the industrial products company’s stock after buying an additional 3,271 shares during the period. Fieldview Capital Management LLC’s holdings in Middleby were worth $871,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Torren Management LLC purchased a new stake in shares of Middleby in the 4th quarter valued at about $25,000. Clearstead Advisors LLC lifted its holdings in shares of Middleby by 201.8% in the 4th quarter. Clearstead Advisors LLC now owns 166 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 111 shares during the last quarter. Larson Financial Group LLC lifted its holdings in shares of Middleby by 1,292.9% in the 4th quarter. Larson Financial Group LLC now owns 195 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 181 shares during the last quarter. Danske Bank A S purchased a new stake in shares of Middleby in the 3rd quarter valued at about $27,000. Finally, Los Angeles Capital Management LLC purchased a new stake in shares of Middleby in the 4th quarter valued at about $35,000. 98.55% of the stock is owned by hedge funds and other institutional investors.

Middleby Price Performance

MIDD opened at $158.50 on Monday. The business has a 50 day moving average price of $147.23 and a two-hundred day moving average price of $147.29. The company has a quick ratio of 1.10, a current ratio of 1.96 and a debt-to-equity ratio of 0.77. The company has a market cap of $7.17 billion, a PE ratio of -18.69 and a beta of 1.36. The Middleby Corporation has a 52 week low of $110.82 and a 52 week high of $169.44.

Middleby (NASDAQ:MIDD) last posted its quarterly earnings data on Thursday, May 7th. The industrial products company reported $2.16 EPS for the quarter, beating the consensus estimate of $1.94 by $0.22. The firm had revenue of $839.91 million during the quarter, compared to the consensus estimate of $777.19 million. Middleby had a positive return on equity of 15.94% and a negative net margin of 11.46%.The firm’s revenue was up 15.0% compared to the same quarter last year. During the same period in the prior year, the business earned $2.08 EPS. Middleby has set its FY 2026 guidance at 9.540-9.700 EPS and its Q2 2026 guidance at 2.270-2.390 EPS. As a group, research analysts anticipate that The Middleby Corporation will post 9.56 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on MIDD. Weiss Ratings reissued a “sell (d+)” rating on shares of Middleby in a report on Friday, May 1st. JPMorgan Chase & Co. boosted their target price on Middleby from $150.00 to $185.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Canaccord Genuity Group set a $200.00 target price on Middleby in a report on Friday, May 8th. Barclays reissued an “overweight” rating and issued a $190.00 target price (up from $168.00) on shares of Middleby in a report on Friday, May 8th. Finally, KeyCorp boosted their target price on Middleby from $175.00 to $190.00 and gave the company an “overweight” rating in a report on Friday, February 27th. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Middleby presently has an average rating of “Moderate Buy” and a consensus target price of $189.71.

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.