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

Shares of The Middleby Corporation (NASDAQ:MIDD) have earned a consensus recommendation of “Moderate Buy” from the eight brokerages that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $163.8333.

A number of equities research analysts recently weighed in on the company. Barclays set a $168.00 price objective on Middleby and gave the stock an “overweight” rating in a research report on Tuesday, November 11th. JPMorgan Chase & Co. boosted their price target on Middleby from $125.00 to $140.00 and gave the stock a “neutral” rating in a report on Wednesday, January 14th. Zacks Research raised Middleby from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 29th. Canaccord Genuity Group lifted their target price on shares of Middleby from $171.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, December 5th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Middleby in a report on Monday, December 29th.

Insiders Place Their Bets

In related news, Director Robert A. Nerbonne acquired 780 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The stock was acquired at an average cost of $128.52 per share, for a total transaction of $100,245.60. Following the completion of the acquisition, the director directly owned 21,471 shares of the company’s stock, valued at approximately $2,759,452.92. This trade represents a 3.77% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. 6.18% of the stock is owned by insiders.

Institutional Investors Weigh In On Middleby

Institutional investors have recently made changes to their positions in the stock. Turtle Creek Asset Management Inc. raised its position in shares of Middleby by 4.2% during the third quarter. Turtle Creek Asset Management Inc. now owns 1,461,810 shares of the industrial products company’s stock worth $194,318,000 after acquiring an additional 59,050 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Middleby by 9.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,427,424 shares of the industrial products company’s stock valued at $189,749,000 after purchasing an additional 123,945 shares during the period. Earnest Partners LLC raised its holdings in Middleby by 0.7% during the 3rd quarter. Earnest Partners LLC now owns 1,329,439 shares of the industrial products company’s stock worth $176,722,000 after purchasing an additional 9,524 shares during the last quarter. Invesco Ltd. lifted its position in shares of Middleby by 1,046.4% in the 3rd quarter. Invesco Ltd. now owns 1,018,536 shares of the industrial products company’s stock worth $135,394,000 after purchasing an additional 929,688 shares during the period. Finally, Sei Investments Co. lifted its position in shares of Middleby by 2.5% in the 3rd quarter. Sei Investments Co. now owns 697,865 shares of the industrial products company’s stock worth $92,767,000 after purchasing an additional 17,177 shares during the period. Institutional investors own 98.55% of the company’s stock.

Middleby Price Performance

MIDD stock opened at $149.72 on Friday. The stock has a market cap of $7.54 billion, a price-to-earnings ratio of -34.03 and a beta of 1.39. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.07 and a quick ratio of 1.10. The company has a 50 day simple moving average of $138.93 and a 200 day simple moving average of $136.67. Middleby has a 1 year low of $110.82 and a 1 year high of $182.73.

Middleby (NASDAQ:MIDD) last posted its earnings results on Thursday, November 6th. The industrial products company reported $2.37 earnings per share for the quarter, topping analysts’ consensus estimates of $2.03 by $0.34. The firm had revenue of $982.13 million for the quarter, compared to analysts’ expectations of $961.21 million. Middleby had a negative net margin of 5.22% and a positive return on equity of 14.66%. The company’s revenue was up 4.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.33 earnings per share. Middleby has set its FY 2025 guidance at 8.990-9.140 EPS and its Q4 2025 guidance at 2.190-2.340 EPS. Research analysts anticipate that Middleby will post 9.11 EPS for the current fiscal year.

Key Stories Impacting Middleby

Here are the key news stories impacting Middleby this week:

• Positive Sentiment: Zacks Research kept a “Strong-Buy” rating on Middleby (MIDD), signaling that the firm still expects upside over the longer term despite the cuts. MarketBeat MIDD
• Neutral Sentiment: The revisions are generally small in magnitude (examples: Q2 2026 cut to $2.32 from $2.39; Q3 2026 to $2.22 from $2.24; Q4 2026 to $2.80 from $2.82; FY2026 to $9.21 from $9.31; FY2027 to $9.24 from $9.35), suggesting model updates rather than a large structural change. Consensus full‑year estimates remain near ~$9.11, so headline earnings expectations haven’t materially diverged. MarketBeat MIDD
• Negative Sentiment: Zacks trimmed EPS across many quarters (Q1–Q4 2026/2027 and FY2026/FY2027), which increases near‑term earnings risk and likely pressured the stock today as investors mark down short‑term expectations. For traders, the revisions plus a higher intraday volume point to renewed near‑term caution; watch upcoming quarterly results and management commentary for confirmation. MarketBeat MIDD

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.