New York Life Investment Management LLC Purchases New Position in The Middleby Corporation $MIDD

Posted by Brenda Bartman on May 21st, 2026

New York Life Investment Management LLC purchased a new stake in The Middleby Corporation (NASDAQ:MIDD – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 4,365 shares of the industrial products company’s stock, valued at approximately $649,000.

A number of other institutional investors have also recently bought and sold shares of MIDD. Torren Management LLC acquired a new position in Middleby during the fourth quarter valued at approximately $25,000. Danske Bank A S acquired a new position in Middleby during the third quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd grew its holdings 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 valued at $33,000 after purchasing an additional 141 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in Middleby during the third quarter valued at approximately $46,000. Finally, EverSource Wealth Advisors LLC grew its holdings in Middleby by 280.2% during the second quarter. EverSource Wealth Advisors LLC now owns 327 shares of the industrial products company’s stock valued at $47,000 after purchasing an additional 241 shares during the period. Institutional investors and hedge funds own 98.55% of the company’s stock.

Middleby Stock Up 1.3%

MIDD stock opened at $143.40 on Thursday. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.96 and a quick ratio of 1.10. The stock has a market capitalization of $6.48 billion, a P/E ratio of -16.91 and a beta of 1.34. The business has a 50-day moving average of $141.85 and a 200-day moving average of $143.10. The Middleby Corporation has a fifty-two week low of $110.82 and a fifty-two week high of $169.44.

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

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on MIDD shares. Barclays restated an “overweight” rating and set a $190.00 price objective (up from $168.00) on shares of Middleby in a report on Friday, May 8th. Zacks Research downgraded Middleby from a “strong-buy” rating to a “hold” rating in a report on Monday, January 26th. KeyCorp increased their price target on Middleby from $175.00 to $190.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Wall Street Zen upgraded Middleby from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Finally, JPMorgan Chase & Co. increased their price target on Middleby from $150.00 to $185.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Middleby currently has a consensus rating of “Moderate Buy” and a consensus price target of $189.71.

Get Our Latest Report on MIDD

Middleby Company Profile

(Free Report)

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.