Oppenheimer Asset Management Inc. Makes New $3.98 Million Investment in The Middleby Corporation $MIDD
Oppenheimer Asset Management Inc. has made a new investment of $3.98 million in The Middleby Corporation, acquiring 23,142 shares. This adds to the significant institutional ownership of Middleby, which stands at 98.55%. Middleby recently surpassed quarterly earnings and revenue expectations, reporting $2.35 EPS and $875.55 million in revenue, though its stock price is currently below its 52-week high, and analysts maintain a "Moderate Buy" consensus.
Middleby Stock Drop Presents Buying Opportunity
Middleby's stock recently dropped 12.3% after its first earnings report following the spin-off of its food processing unit, which analysts view as a potential buying opportunity. The company is now a pure-play commercial foodservice provider with projected sales growth and a competitive P/E ratio compared to major restaurant chains. Despite the short-term dip, Middleby has historically outperformed the S&P 500, and analysts maintain favorable ratings.
Middleby Completes Food Processing Spin-Off as Q2 Sales Rise 10%
The Middleby Corporation announced strong second-quarter 2026 results, exceeding revenue and Adjusted EBITDA guidance, driven by an 8% organic sales growth in its Commercial Foodservice business. The company successfully completed the spin-off of its Food Processing business into an independent public entity, Midera, and raised its full-year 2026 guidance for the Commercial Foodservice segment. Middleby also engaged in significant share repurchases, totaling 16% of outstanding shares over the past six quarters, reflecting confidence in its pure-play commercial foodservice strategy.
MIDD Maintained by Barclays -- Price Target Lowered to $145
Barclays has maintained its Overweight rating for Middleby (MIDD) but lowered the price target from $155 to $145. Despite this adjustment, the stock is considered 2.2% undervalued by GuruFocus's GF Value, with a strong GF Score of 81/100, indicating overall robust performance. While institutional investors show positive sentiment, the company's current unprofitability and financial strength rank warrant cautious consideration for investors.
Middleby (NASDAQ:MIDD) Price Target Cut to $141.00 by Analysts at JPMorgan Chase & Co.
JPMorgan Chase & Co. analysts have cut Middleby's price target to $141.00 from $151.00, while maintaining a "neutral" rating. This adjustment follows Middleby exceeding quarterly earnings and revenue estimates but providing 2026 guidance that is significantly below consensus, leading to a moderately positive overall analyst sentiment with an average price target of $161.62. The stock's performance reflects these concerns, trading below its 50-day and 200-day moving averages.
Canaccord lowers Middleby stock price target to $157 on estimates
Canaccord Genuity has lowered its price target for Middleby Corp (NASDAQ:MIDD) to $157 from $165, while maintaining a Buy rating. This adjustment follows stronger-than-expected Q2 results and the recent spin-off of the Food Processing division, which led Canaccord to modestly lower its estimates. Despite challenges like inflation, Middleby raised its full-year commercial foodservice organic growth guidance, and the stock is considered undervalued by InvestingPro analysis.
First Trust Advisors LP Has $517,000 Position in The Middleby Corporation $MIDD
First Trust Advisors LP significantly reduced its stake in The Middleby Corporation (NASDAQ:MIDD) by 95.9% in the first quarter, now holding 3,903 shares valued at $517,000. Despite Middleby exceeding Q2 earnings and revenue estimates, its shares fell 7.9% due to weaker-than-expected third-quarter and full-year guidance. Analysts maintain a "Moderate Buy" rating with a $169.50 average price target, although the stock's recent performance and outlook have raised some concerns.
Is The Middleby Corp (MIDD) a Bargain After 8.0% Drop? GF Value Says Undervalued
The Middleby Corp (MIDD) saw an 8.0% stock drop, leading to a current price of $119.99, which GuruFocus's GF Value suggests is 0.9% undervalued. Despite a strong GF Score of 88/100, indicating good profitability and growth, the company lacks a trailing P/E due to unprofitability and has moderate financial strength. Guru ownership shows mixed activity, with no recent insider transactions, suggesting caution for investors.
The Middleby Corp (MIDD) (Q2 2026) Earnings Call Highlights: Strong Organic Growth and ...
The Middleby Corp (MIDD) reported strong organic revenue growth of 8.3% in Q2 2026 for its Commercial Foodservice segment, following the spin-off of its Food Processing business. The company raised its full-year organic revenue growth guidance and highlighted broad-based growth driven by new product innovations and international expansion. Despite facing margin pressures from inflationary costs and investments in the ice and beverage platform, Middleby expects sequential margin improvement in the second half of the year due to pricing actions and reduced investment headwinds.
Earnings call transcript: Middleby tops Q2 2026 estimates but shares fall
Middleby Corp. reported stronger-than-expected Q2 2026 results, with adjusted EPS of $2.35 and revenue of $875.55 million, surpassing Wall Street forecasts. Despite the earnings beat and 8.3% organic revenue growth, the company's shares fell 3.56% in pre-market trading due to investor concerns over margin pressure, tariffs, and a softer second-half outlook. Management raised its full-year commercial foodservice organic growth guidance to 6%-8% but acknowledged accelerated inflation and ongoing tariff costs, while anticipating sequential margin improvements in Q3 and Q4.
All eyes on Middleby earnings as pure-play strategy begins
Middleby Corp is set to release its second-quarter results as its first earnings report since spinning off its food processing business, now known as Midera Food Processing, making it a pure-play commercial foodservice equipment company. Analysts anticipate earnings of $1.96 per share and revenue of $837.08 million, with the year-over-year declines attributed to the spin-off rather than operational weakness. Investors will be closely watching if the streamlined structure leads to improved operational execution, demand trends in the commercial foodservice market, and the company's margin trajectory in light of its three-year growth plan.
The Middleby Corporation (MIDD) Stock forecasts
Argus has raised its target price for The Middleby Corporation (MIDD) to $146.00, noting the company's engagement in designing, manufacturing, marketing, distribution, and servicing a broad line of foodservice equipment. The current stock price for MIDD is $134.50. This report from August 5, 2026, highlights the company's operations in commercial restaurants and institutional kitchens.
Bank of America Corp DE Sells 9,309 Shares of The Middleby Corporation $MIDD
Bank of America Corp DE reduced its stake in The Middleby Corporation (NASDAQ:MIDD) by 1.1% in the first quarter, selling 9,309 shares but still retaining 852,666 shares valued at $113 million. Middleby reported strong quarterly earnings, beating analyst estimates with an EPS of $2.16 and a 15% revenue increase year-over-year. Institutional investors hold a significant 98.55% of the company's stock, and analysts currently rate it with a "Moderate Buy" consensus.
The Middleby Corporation (MIDD) Stock Forecasts
Argus has raised its target price for The Middleby Corporation (MIDD) to $146.00, with the current price standing at $134.59. Middleby Corp specializes in designing, manufacturing, and distributing foodservice equipment for commercial restaurants and institutional kitchens. The report, dated August 5, 2026, highlights the company's broad line of equipment used for food preparation, cooking, baking, chilling, and packaging.
Middleby (MIDD) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates
Middleby (MIDD) is expected to report Q2 earnings of $2.28 per share, a 3% decline year-over-year, with revenues forecasted at $836.82 million, down 14.4%. Analysts have slightly revised the EPS estimate upwards by 0.2% in the last 30 days. Key segment projections include Food Processing revenue at $226.40 million and Commercial Foodservice revenue at $610.83 million, with operating income declines expected in both segments.
The Middleby Corporation (NASDAQ:MIDD) Given Consensus Rating of "Moderate Buy" by Analysts
Analysts have assigned The Middleby Corporation (NASDAQ:MIDD) a consensus rating of "Moderate Buy," with six out of ten analysts recommending a buy, three a hold, and one a sell, setting an average 12-month price target of $169.50. The company's shares opened lower at $135.34, below its 50-day and 200-day moving averages, despite exceeding quarterly expectations with $2.16 EPS and $839.91 million in revenue, a 15% year-over-year increase. Institutional investors hold approximately 98.55% of the stock.
The Middleby Corp (0K1G) Q4 2023 Earnings Report - Results, Call & Slides
The Middleby Corp (0K1G) released its Q4 2023 earnings report, beating EPS estimates by $0.15 with actual EPS of $2.13 against a consensus of $1.98. However, the company missed revenue expectations, reporting $1.01 billion against an expected $1.02 billion, marking a -2.24% YoY revenue growth. The earnings announcement took place on February 20, 2024, before market open, and the next earnings date is estimated for August 11, 2026.
Midera Food Processing details intended growth with Middleby spin-off
Midera Food Processing, formerly Middleby Food Processing, recently debuted as an independent company on Nasdaq after spinning off from The Middleby Corp. CEO Mark Salman explained that the spin-off was necessary due to Midera's unique growth pattern and the complexity within Middleby's business. Midera plans to drive organic growth through Total Line Solutions (TLS), strategic acquisitions, innovation, and an enhanced focus on aftermarket service, all encapsulated in its "EDGE" strategy.
The Middleby Corp (0K1G) Q3 2024 Earnings Report - Results, Call & Slides
The Middleby Corp (0K1G) reported its Q3 2024 earnings, missing both EPS and revenue expectations. The company posted an actual EPS of $1.87 against a consensus of $1.99, and actual revenue of $942.81 million compared to an expected $996.60 million. The next earnings report for Middleby is estimated for August 11, 2026.
Midera Food Processing charts growth after Middleby spin-off
Midera Food Processing, formerly Middleby Food Processing, debuted as an independent public company under the ticker symbol MFP after spinning off from The Middleby Corp. CEO Mark Salman explained that the spin-off was necessary due to Midera's unique growth pattern and the complexity of Middleby's business. Midera plans to achieve organic growth through total line solutions (TLS), strategic mergers and acquisitions to fill portfolio gaps, innovation centers, and enhanced aftermarket service and support, all encompassed in its EDGE strategy.
Salman describes Midera’s ‘new era’
Midera Food Processing, formerly Middleby Food Processing, recently spun off from the Middleby Corp. and began trading as an independent company. CEO Mark Salman emphasizes the company's focus on total line solutions, innovation for cleaner labels, and a customer-centric, decentralized leadership model. Midera, with a valuation of nearly $1 billion, aims to support bakers in creating quality products efficiently through advanced technology and four global innovation centers.
Middleby Number of Employees 2026 | Employee Count & Headcount Data
The Middleby Corp. (NASDAQ: MIDD) has approximately 8,876 employees worldwide as of March 2026, a 1.5% increase since 2023 but a 0.8% decrease year-over-year in 2026. The company is actively hiring, with 331 job postings in 2026, and its workforce is concentrated in the United States, United Kingdom, and India, with Denmark being the fastest-growing location. The average salary is $64,430, and employee sentiment is currently negative and broadly flat.
MIDD|Middleby Corp|Price:133.330|Chg%:+0.310
TradingKey provides a comprehensive stock analysis for Middleby Corp (MIDD), noting its healthy fundamentals and high growth potential, despite a recent turnaround to loss and institutional selling. The stock is considered fairly valued and analysts largely rate it as a "Buy" with a target price of $179.12. The analysis covers financial health, valuation, earnings forecast, price momentum, institutional confidence, and risk assessment dimensions.
Vanguard Capital Management (MIDD) reports 2.19M Middleby shares
Vanguard Capital Management has filed an amended Schedule 13G, reporting beneficial ownership of 2,186,922 shares of Middleby Corp (MIDD) common stock, which represents 4.83% of the class. The filing indicates Vanguard has sole voting power over 326,564 shares and sole dispositive power over all 2,186,922 shares. This report aggregates securities managed by Vanguard Capital Management LLC and its specified affiliated entities for various funds and managed accounts.
All eyes on Middleby earnings after Midera Food Processing spinoff By Investing.com
Middleby Corp is set to report its second-quarter earnings as a pure-play commercial foodservice equipment company following the Midera Food Processing spinoff. Analysts anticipate a decline in earnings per share and revenue year-over-year, but the company's transformation is expected to unlock value through a focus on industry-leading margins and strong cash flow generation. Investors will be scrutinizing margin performance, cash flow, and organic growth trends in the core foodservice segment to assess the success of its strategic shift.
SummitTX Capital L.P. Makes New Investment in The Middleby Corporation $MIDD
SummitTX Capital L.P. has acquired a new stake in The Middleby Corporation (NASDAQ:MIDD), purchasing 13,389 shares valued at approximately $1,775,000 during the first quarter. This investment is part of a broader trend of institutional investors modifying their holdings in Middleby. Analysts have a "Moderate Buy" consensus rating for Middleby, with an average price target of $173.88.
MIDD|Middleby Corp|Price:133.110|Chg%:-1.980
This article provides a detailed financial summary of Middleby Corp (MIDD), including its income statement, balance sheet, and cash flow statement, covering quarterly and annual periods up to FY2026Q1 and FY2025 respectively. It highlights key financial indicators such as EPS, revenue, net profit, margins, and debt-to-asset ratios. The report also includes upcoming earnings guidance and answers frequently asked questions about the company's financial performance.
All eyes on Middleby earnings after Midera Food Processing spinoff
Middleby Corp is set to report its second-quarter earnings as a pure-play commercial foodservice equipment company following the Midera Food Processing spinoff. Analysts anticipate a decline in earnings and revenue year-over-year, yet maintain a "Buy" rating with significant upside potential. Investors will closely watch margin performance, cash flow, and organic growth in the foodservice segment to assess the success of the company's strategic transformation.
Middleby Corp (MIDD) Financial Health: Profitability & Balance Sheet Analysis
Middleby Corp (MIDD) has a current financial score of 7.26, placing it 97th out of 180 in its industry, indicating stable financial health and average operating efficiency. The company recently reported a 7.36% year-over-year decrease in quarterly revenue to $839.91M and a 154.22% year-over-year decrease in net profit. Key financial metrics such as cash and cash equivalents, total assets, total liabilities, and free cash flow have not been disclosed by the company.
When Middleby will share second-quarter results on Aug. 11
The Middleby Corporation (NASDAQ: MIDD) will release its 2026 second-quarter earnings on Tuesday, August 11, 2026, at 7 a.m. Eastern Time. A conference call to discuss these results is scheduled for 10 a.m. Eastern Time on the same day, accessible via the company's Investor Relations website or through a dial-in number. Middleby is a significant global manufacturer of commercial foodservice solutions, serving a diverse customer base with innovative products.
MIDD|Middleby Corp|Price:135.060|Chg%:-0.940
Middleby Corp (MIDD) experienced a slight decline of 0.94% today, closing at $135.06. Despite turning to a recent loss and institutional selling, analysts rate the stock as a "Buy" with a target price of $179.125, indicating a significant upside potential. The company, a manufacturer of equipment for commercial foodservice, residential kitchens, and food processing, currently has a high institutional ownership and is considered fairly valued within its industry.
Middleby Corp (MIDD) Shareholder Structure: Major Shareholders & Institutional Holdings
This article details the shareholder structure of Middleby Corp (MIDD), identifying its major institutional investors and their respective holdings. Key information includes the top institutional shareholders such as T. Rowe Price Associates and BlackRock, a breakdown of shareholder types, and historical institutional shareholding data from Q1 2023 to Q1 2026. It also lists related ETFs that hold MIDD shares.
MIDD|Middleby Corp|Price:135.870|Chg%:+1.990
This article provides a detailed company profile for Middleby Corp (MIDD), outlining its business segments, financial data, and market performance. Middleby Corp manufactures equipment for commercial foodservice, residential kitchens, and food processing industries. It also lists key executives and top shareholders, offering insights into the company's corporate structure and institutional holdings.
Weiss Asset Management LP Acquires New Shares in The Middleby Corporation $MIDD
Weiss Asset Management LP acquired 34,900 shares of The Middleby Corporation (NASDAQ:MIDD) in the first quarter, valued at approximately $4.63 million, representing a 0.07% stake in the company. Other institutional investors also adjusted their holdings. Middleby reported strong quarterly earnings, exceeding analyst expectations with $2.16 EPS and $839.91 million in revenue, leading to a "Moderate Buy" consensus rating among analysts with an average target price of $173.88.
Middleby Market Sentiment
This article provides an overview of market sentiment for The Middleby Corp (MIDD), including analyst consensus, short interest, options flow, and insider activity. It highlights that 14 analysts have a "Buy" consensus with an average price target of $176, representing a 30.7% upside. The short interest is 4.8% and declining, while options flow and recent insider activity are not available or not significant enough to report trending data.
Middleby Corp (MIDD) Valuation: PE, PB & Fair Value Analysis
This article provides a valuation analysis of Middleby Corp (MIDD), noting its current valuation score of 8.87, ranking it 51st in its industry. It highlights the company's P/E ratio of -16.41 and mentions that other key valuation metrics like P/B, P/S, and P/CF have not yet been disclosed by the company.
Middleby Corp (MIDD) Institutional Confidence
Middleby Corp (MIDD) has an institutional shareholding score of 10.00, placing it first in its industry. The institutional shareholding proportion increased by 11.95% quarter-over-quarter, reaching 120.72%. John Rogers is the largest institutional shareholder, holding 1.35M shares, though his holdings decreased by 2.94%.
Sei Investments Co. Has $106.51 Million Stake in The Middleby Corporation $MIDD
Sei Investments Co. significantly increased its stake in The Middleby Corporation by 6.5% during the first quarter, now holding 803,383 shares valued at approximately $106.5 million. Middleby recently reported strong quarterly results, surpassing EPS and revenue consensus estimates, and provided positive FY 2026 guidance. Despite some mixed analyst sentiment resulting in a "Moderate Buy" rating, institutional investors collectively own 98.55% of the company's stock.
The Middleby Corp (MIDD) Stock Down 3.6% but Still Overvalued -- GF Score: 78/100
The Middleby Corp (MIDD) shares dropped 3.6% to $133.22, but the stock is still considered overvalued with a GF Value™ estimate of $110.50, representing a 20.6% overvaluation. Despite a GF Score™ of 78/100, indicating above-average quality, its financial strength and valuation ranks are average. The current P/E ratio of 20.2x is above its 5-year median, further suggesting it's trading at a premium.
KeyBanc cuts Middleby stock price target on Midera spin-off
KeyBanc has reduced its price target for Middleby Corp (NASDAQ:MIDD) to $152 from $190, while maintaining an Overweight rating, following the spin-off of Midera Food Processing. The adjustment reflects Middleby's strategy to become a focused leader in Commercial Food Service Equipment. The company's stock currently trades at $134.92, and the spin-off is expected to allow Middleby to concentrate on its core business.
Wall Street Zen Downgrades Middleby (NASDAQ:MIDD) to Hold
Wall Street Zen downgraded Middleby (NASDAQ:MIDD) from "buy" to "hold," joining other firms like Jefferies and Robert W. Baird in adjusting their ratings or price targets. Despite the downgrades, Middleby recently reported strong quarterly results, with EPS of $2.16 and revenue up 15% year-over-year, beating analyst estimates. The stock, currently trading around $135.67, has an average analyst rating of "Moderate Buy" with a target price of $187.25.
ETFs Investing in Middleby Corporation Stocks
This article lists various ETFs that include Middleby Corporation stocks in their holdings. The ETFs are sorted by market value and provide details such as issuer, management style, expense ratio, AUM, and 3-year NAV total return. The information aims to help investors understand the range of ETFs offering exposure to Middleby Corporation.
Frontier tech research, news & data
The article references an 8-K/A filing from MIDDLEBY Corp on July 9, 2026, accessible via SEC EDGAR. It also highlights research on fuel-cell deployments at U.S. data centers, indicating 154 MW currently operating and 6.31 GW proposed across seven projects, primarily in New Mexico, Texas, and Wyoming.
Middleby (NASDAQ: MIDD) posts pro forma results after Midera spin-off
The Middleby Corporation has filed an amended report providing unaudited pro forma financial statements reflecting the completed spin-off of its food processing business, Midera Food Processing, Inc. On July 6, 2026, Middleby distributed 100% of Midera’s common stock to its shareholders, with Midera now trading independently on Nasdaq under the symbol MFP. This filing includes pro forma balance sheet and earnings data showing Middleby’s results from continuing operations, reclassifying the Food Processing business as discontinued operations, and detailing the impact of a $233.0 million cash distribution from Midera used to reduce Middleby’s long-term debt, along with estimated transaction costs.
Middleby (MIDD) Loses 14% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Middleby (MIDD) has experienced a 14% stock drop in the last four weeks, but indicators suggest a potential trend reversal. The stock's Relative Strength Index (RSI) of 28.41 indicates it's in oversold territory, and analysts have raised earnings estimates for the current year, with the consensus EPS estimate increasing by 0.3% over the last 30 days. Additionally, MIDD holds a Zacks Rank #2 (Buy), further supporting expectations for a near-term turnaround.
The Middleby Corp (MIDD) Shares Fall 22.3% -- What GF Score of 83 Tells Investors
The Middleby Corp (MIDD) shares dropped significantly by 22.3% to $139.26, despite a strong GF Score of 83/100, which suggests robust fundamentals. The stock is currently deemed "Modestly Undervalued" by GuruFocus's GF Value, indicating a potential investment opportunity as its current price is below its intrinsic value estimate. The analysis reveals strong profitability but notes a lack of recent insider transactions, offering limited insight into insider sentiment.
Midera Food Processing completes spin-off from The Middleby Corp.
Midera Food Processing has successfully completed its spin-off from The Middleby Corp. and is now trading as an independent public company under the ticker symbol “MFP.” The company, with over 30 brands and 100,000 installed units globally, is a pure-play food processing technology platform focused on protein, bakery, and snack production. Midera's leadership team expressed confidence in its strong financial position and growth strategy, aiming to be a key partner for global food manufacturers.
S&P 500 Futures Drop in Premarket Trading; Middleby, Rivian Automotive Lag
S&P 500 futures experienced a drop in premarket trading. Despite the overall decline, Fiserv Inc. (FISV) and Figma Inc. Cl A (FIG) saw increases of 5.3% and 4.6% respectively. Middleby and Rivian Automotive were noted as lagging.
Middleby Approves Spin-Off of $853 Million Food Processing Business
The Middleby Corp. has approved the spin-off of its food processing business, creating Midera Food Processing, an independent public company with $853 million in annual revenue. Midera will focus exclusively on supplying equipment and automation systems to food manufacturers worldwide, while Middleby will continue to concentrate on commercial foodservice equipment. This separation aims to allow both companies to accelerate growth in their respective markets and better serve their specific customer bases.
Middleby's refocus to commercial kitchens is its 'natural evolution': CEO
Middleby CEO Tim FitzGerald discusses the company's decision to spin off Midera Food Processing (MFPVV) to focus solely on commercial and restaurant kitchens. FitzGerald explains that this move is a "natural evolution" and was contemplated for years, allowing both companies to pursue their own growth strategies. He highlights Middleby's continued focus on innovation and expanding into new markets, addressing restaurant operators' needs for efficiency, labor savings, and speed of service.
