Middleby Corp CAO Brittany Cerwin Receives 6,695 Time-Based Restricted Stock Units
Brittany C. Cerwin, Chief Accounting Officer of Middleby Corp (NASDAQ:MIDD), received 6,695 time-based restricted stock units on October 2, 2026. These units will vest in three equal installments on March 1, 2027, March 1, 2028, and March 1, 2029. After this transaction, Cerwin directly owns 28,675 shares of Middleby Corp common stock.
Middleby Corporation CTO James K. Pool III Awarded 9,181 Time-Based Restricted Stock Units
Middleby Corporation's Chief Technology and Operations Officer, James K. Pool III, was granted 9,181 time-based restricted stock units (RSUs) on October 2, 2026. These RSUs will vest in equal thirds on March 1 of 2027, 2028, and 2029, increasing his direct beneficial ownership to 67,410 shares of Middleby common stock. The grant was recorded as an acquisition (transaction code A) and is a derivative-free equity award with no cost to the recipient.
Form 4 Middleby Corp For: 5 October By Investing.com
This article from Investing.com reports on a Form 4 filing for Middleby Corp (MIDD) on October 5th. Form 4 filings typically disclose changes in beneficial ownership of securities by a company's insiders. The article provides the company name and date of the filing.
Middleby stock hits 52-week low at 104.23 USD By Investing.com
Middleby Corp's stock has dropped to a 52-week low of $104.23, marking a 42% decline from its high and a 22.12% loss over the past year. Despite this, InvestingPro analysis suggests the stock is undervalued, with analysts setting price targets between $145 and $169. This comes after Middleby reported strong Q2 2026 results, exceeding expectations for earnings and revenue, leading to mixed but cautiously optimistic outlooks from analysts.
Middleby stock hits 52-week low at 104.23 USD By Investing.com
Middleby Corp (MIDD) stock has fallen to a 52-week low of $104.23, representing a 42% decline from its high and a 22.12% drop over the past year. Despite this downturn, InvestingPro analysis suggests the stock is undervalued, with analyst price targets ranging from $145 to $169. Recent strong Q2 2026 earnings, exceeding expectations with $2.35 EPS and $875.55 million revenue, coupled with analyst upgrades (JPMorgan to Overweight) and maintained Buy ratings (Canaccord Genuity), indicate a cautiously optimistic outlook despite ongoing challenges like inflation and margin pressures.
Middleby stock hits 52-week low at 104.23 USD By Investing.com
Middleby Corp's stock has hit a 52-week low of $104.23, marking a significant 42% decline from its high of $180.13 and a 22.12% drop over the past year. Despite this downturn, InvestingPro analysis suggests the stock is undervalued, with analysts setting price targets between $145 and $169. Recent strong Q2 2026 results and strategic portfolio changes have led to a mixed but cautiously optimistic outlook from analysts, with some maintaining a "Buy" rating while others have upgraded the stock.
Middleby (NASDAQ:MIDD) Sets New 52-Week Low - Here's Why
Middleby (NASDAQ:MIDD) shares recently hit a new 52-week low of $104.22, trading significantly below their moving averages. Despite beating quarterly earnings and revenue expectations, the company experienced a 10.5% year-over-year revenue decline and a negative net margin of 13.22%. Analysts have a mixed "Hold" rating on the stock with an average price target of $159.50, and institutional investors retain a substantial 98.55% ownership.
The Middleby Corporation (MIDD) Stock Price, News, Quote & History
The Middleby Corporation (MIDD) stock is currently trading at $110.40, down 0.75% as of 10:19:24 a.m. EDT. The article provides a detailed overview of the company, including its stock performance, key financial metrics, earnings trends, analyst ratings, and company profile. It highlights that Middleby Corporation operates in the foodservice industry, manufacturing various solutions for commercial foodservice and food processing.
Taylor Promotes Mago
Rachel Mago has been promoted to senior vice president of global sales and marketing for Taylor Company, a division of Middleby. Mago, who joined Taylor in 2019, will now oversee sales teams in Europe, APAC, and India, in addition to her previous role. Service and sales employees in these regions will also report to her.
Bank of America Corp DE Invests $138.80 Million in The Middleby Corporation $MIDD
Bank of America Corp DE has made a significant investment in The Middleby Corporation (NASDAQ:MIDD), acquiring 806,947 shares valued at approximately $138.8 million, representing a 1.78% stake in the company. Middleby recently surpassed quarterly earnings expectations but saw a 10.5% year-over-year revenue decline. Analyst sentiment for Middleby is mixed, with a consensus "Hold" rating and a target price of $159.50, although some firms have recently downgraded the stock or reduced price targets.
JPMorgan upgrades Middleby stock rating on portfolio focus By Investing.com
JPMorgan upgraded Middleby Corp (NASDAQ:MIDD) to Overweight from Neutral, raising its price target to $147.00, citing the company's renewed focus on top-line growth and margin improvement following the MFP spin-off and residential business deconsolidation. Despite a recent stock sell-off due to Q2 margin performance, JPMorgan believes the simplified portfolio positions Middleby for earnings upside and valuation re-rating. The company also reported strong Q2 2026 results, exceeding analyst expectations, with organic revenue growth driven by demand from chain restaurants and new products.
JPMorgan Upgrades Middleby to Overweight From Neutral, Adjusts Price Target to $147 From $141
JPMorgan has upgraded Middleby (MIDD) from Neutral to Overweight and increased its price target from $141 to $147. This upgrade follows a recent presentation by The Middleby Corporation at the Jefferies Global Industrials Conference. Middleby's shares rose after the upgrade, reflecting positive market sentiment.
Middleby (MIDD) Down 10.9% Since Last Earnings Report: Can It Rebound?
Middleby (MIDD) shares have dropped 10.9% since its last earnings report, underperforming the S&P 500. Despite beating Q2 2026 earnings estimates driven by strong Commercial Foodservice sales and the spin-off of its Food Processing segment, the stock faces downward-trending estimates and a "Strong Sell" Zacks Rank due to margin pressures from tariffs, inflation, and new-product investments. Investors are questioning if the stock can rebound ahead of its next earnings release.
Middleby to Wind Down Brewing Group after $24M 2025 Sales, Expects 2027 EBITDA Benefit
Middleby (MIDD) is discontinuing its Brewing & Distilling Solutions Group, which had $24 million in 2025 sales but resulted in a $9 million adjusted EBITDA loss. This wind-down is expected to be largely complete by the end of 2026 and should provide an annual benefit to adjusted EBITDA margins starting in 2027. The company reiterated its 2026 financial guidance.
Middleby Corporation Announces Closure of Brewing & Distilling Solutions Division
The Middleby Corporation has announced the closure of its Brewing & Distilling Solutions Group business, as revealed in a Form 8-K filed with the SEC on September 9, 2026. This decision was disclosed via a press release and signifies the company's exit from this particular segment. The filing was furnished under Regulation FD, and the company's shares trade on NASDAQ under the ticker MIDD.
Middleby Corp stock hits 52-week low at 109.67 USD By Investing.com
Middleby Corp's stock has fallen to a 52-week low of $109.67, a 39% decrease from its high, despite InvestingPro analysis suggesting it is undervalued. The company faces downward earnings revisions from analysts and a projected 22% decline in revenue this year, yet recently reported better-than-expected Q2 2026 results driven by strong organic growth in commercial foodservice. Strategic moves like portfolio changes and raised growth guidance suggest a mixed outlook for the company.
Middleby Corp stock hits 52-week low at 109.67 USD
Middleby Corp (MIDD) stock has fallen to a 52-week low of $109.67, representing a 39% decline from its peak. Despite this, InvestingPro analysis suggests the stock is undervalued with a fair value of $127.24. Analysts have revised earnings estimates downwards for the upcoming period, expecting a 22% revenue decline this year, even though the company recently reported better-than-expected Q2 2026 results with an 8.3% organic revenue increase in commercial foodservice.
Canaccord raises Middleby stock price target on foodservice growth By Investing.com
Canaccord Genuity increased its price target for Middleby Corp (NASDAQ:MIDD) to $160 from $157, maintaining a Buy rating due to the robust growth in its Commercial Foodservice business. Despite the stock trading near its 52-week low and analysts revising earnings downwards, the segment saw an 8.3% organic sales increase in the first two quarters of 2026. The firm's survey indicated that while restaurant equipment prices and a challenging macro environment pressure demand, the quick payback period for Middleby's equipment offers a favorable return on investment.
Canaccord raises Middleby stock price target on foodservice growth
Canaccord Genuity has raised its price target for Middleby Corp (NASDAQ:MIDD) to $160 from $157, maintaining a Buy rating due to renewed growth in its Commercial Foodservice business. Despite the stock trading near its 52-week low and analysts revising earnings downwards, Middleby's second-quarter 2026 results surpassed expectations, with adjusted earnings and revenue exceeding forecasts. The firm's survey, however, indicates potential ongoing pressure on equipment demand due to increasing prices, sluggish traffic, and a challenging macroeconomic environment.
Middleby (MIDD) Q4 2025 Earnings: Results, Market Reaction & History
Middleby Corporation (MIDD) reported disappointing Q4 2025 earnings, missing consensus estimates for both EPS and revenue, primarily due to the restatement of figures following the sale of a 51% stake in its Residential Kitchen segment. Despite the misses, the company highlighted strong performance in its Food Processing segment and confirmed plans to spin off this business in Q2 2026. Management provided forward guidance for 2026, anticipating revenue growth and further structural transformations.
Middleby Corp stock hits 52-week low at $110.80
Middleby Corp (MIDD) stock has fallen to a 52-week low of $110.80, marking an 18.83% decline over the past year, despite InvestingPro analysis suggesting it is undervalued with potential upside. Eight analysts have revised earnings downwards, but the company remains profitable and recently reported better-than-expected Q2 2026 results. Middleby also raised its full-year commercial foodservice organic growth guidance.
Middleby (MIDD) officer lifts stake to 58,229 shares
James K. Pool III, an officer at Middleby (MIDD), increased his direct holdings to 58,229 common stock shares by acquiring 1,823 shares through the conversion of derivative securities on July 20, 2026. This transaction was part of an adjustment related to the spin-off of Midera Food Processing, Inc., which involved the conversion of 6,080 RSUs into 7,903 RSUs under an Employee Matters Agreement. The spin-off was completed on July 6, 2026.
Middleby (NASDAQ: MIDD) director logs 907-share award
Middleby director Sarah Palisi Chapin reported the acquisition of 907 shares through two equity-related transactions. On July 20, 2026, she acquired 349 shares via a restricted stock unit (RSU) conversion following an adjustment related to the Midera Food Processing spin-off. Additionally, on August 26, 2026, she received a grant of 558 time-based RSUs that vested in full, with no sales or dispositions reported.
Middleby (MIDD) CEO now holds 350,833 shares
Middleby Corp CEO Timothy John FitzGerald was granted 4,455 shares of common stock on July 20, 2026, as part of an adjustment related to the spin-off of Midera Food Processing, Inc. This transaction, involving the conversion of RSUs, brings his direct holdings to 350,833 shares. The SEC Form 4 filing also clarifies his indirect holdings and corrects previous reporting errors regarding shares held by his spouse and children.
Middleby (NASDAQ: MIDD) adds shares after spin-off adjustment
Middleby's Chief Commercial Officer, Steve Spittle, acquired 1,823 shares of common stock on July 20, 2026, through the conversion of a derivative security. This transaction is an adjustment related to the spin-off of Midera Food Processing, Inc., which was completed on July 6, 2026. Following this, Spittle directly holds 56,414 common shares.
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.
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 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.
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.
