Middleby (MIDD) Expected to Post Quarterly Earnings on Wednesday

Middleby (NASDAQ:MIDD) is expected to be posting its Q2 2026 results before the market opens on Wednesday, August 5th. Analysts expect the company to post earnings of $2.18 per share and revenue of $839.2250 million for the quarter. Middleby has set its FY 2026 guidance at 9.540-9.700 EPS and its Q2 2026 guidance at 2.270-2.390 EPS. Parties can check the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Tuesday, August 11, 2026 at 12:30 AM ET.

Middleby (NASDAQ:MIDD) last released its quarterly earnings data on Thursday, May 7th. The industrial products company reported $2.16 earnings per share for the quarter, beating the consensus estimate of $1.94 by $0.22. Middleby had a negative net margin of 11.46% and a positive return on equity of 15.94%. The firm had revenue of $839.91 million for the quarter, compared to analyst estimates of $777.19 million. During the same quarter in the prior year, the business earned $2.08 EPS. The company’s revenue for the quarter was up 15.0% compared to the same quarter last year. On average, analysts expect Middleby to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Middleby Stock Down 0.7%

MIDD stock opened at $135.09 on Wednesday. The company has a 50 day moving average of $152.78 and a two-hundred day moving average of $150.11. The company has a market cap of $6.11 billion, a price-to-earnings ratio of -15.93 and a beta of 1.33. Middleby has a 12-month low of $110.82 and a 12-month high of $180.13. The company has a quick ratio of 1.10, a current ratio of 1.96 and a debt-to-equity ratio of 0.77.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on MIDD. JPMorgan Chase & Co. dropped their price target on shares of Middleby from $185.00 to $151.00 and set a “neutral” rating on the stock in a research note on Monday, July 13th. Canaccord Genuity Group set a $200.00 price objective on Middleby in a research report on Friday, May 8th. Jefferies Financial Group lowered their target price on Middleby from $200.00 to $160.00 and set a “buy” rating on the stock in a research note on Wednesday, July 8th. Robert W. Baird lowered Middleby from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 8th. Finally, Barclays set a $155.00 price target on Middleby and gave the stock an “overweight” rating in a research note on Monday, July 20th. Six research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Middleby has an average rating of “Moderate Buy” and a consensus target price of $173.88.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Federation des caisses Desjardins du Quebec raised its holdings in shares of Middleby by 2.2% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 4,317 shares of the industrial products company’s stock valued at $642,000 after purchasing an additional 91 shares in the last quarter. Cresset Asset Management LLC boosted its holdings in Middleby by 7.6% in the third quarter. Cresset Asset Management LLC now owns 1,509 shares of the industrial products company’s stock worth $201,000 after purchasing an additional 107 shares in the last quarter. First Citizens Bank & Trust Co. boosted its holdings in Middleby by 1.8% in the fourth quarter. First Citizens Bank & Trust Co. now owns 6,530 shares of the industrial products company’s stock worth $971,000 after purchasing an additional 114 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its position in Middleby by 135.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 245 shares of the industrial products company’s stock worth $33,000 after buying an additional 141 shares during the last quarter. Finally, Syon Capital LLC lifted its position in shares of Middleby by 8.3% in the fourth quarter. Syon Capital LLC now owns 2,585 shares of the industrial products company’s stock worth $384,000 after buying an additional 199 shares during the last quarter. Institutional investors and hedge funds 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.