Middleby (NASDAQ:MIDD) Sets New 12-Month High – Here’s What Happened

Posted by Geri Gentry on Jul 6th, 2026

The Middleby Corporation (NASDAQ:MIDD – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $177.86 and last traded at $176.3150, with a volume of 68490 shares traded. The stock had previously closed at $175.12.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Canaccord Genuity Group set a $200.00 target price on shares of Middleby in a research note on Friday, May 8th. Barclays restated an “overweight” rating and issued a $190.00 price target (up from $168.00) on shares of Middleby in a research report on Friday, May 8th. Jefferies Financial Group reiterated a “buy” rating and set a $195.00 price objective on shares of Middleby in a research report on Tuesday, March 31st. Weiss Ratings reissued a “sell (d+)” rating on shares of Middleby in a research note on Friday, May 1st. Finally, Robert W. Baird set a $205.00 target price on Middleby in a report on Friday, May 8th. Seven research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $191.62.

Read Our Latest Stock Report on MIDD

Middleby Stock Performance

The firm’s fifty day moving average is $156.08 and its 200 day moving average is $151.73. The firm has a market capitalization of $7.98 billion, a price-to-earnings ratio of -20.83 and a beta of 1.33. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.96 and a quick ratio of 1.10.

Middleby (NASDAQ:MIDD – Get Free Report) 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. 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, analysts predict that The Middleby Corporation will post 9.58 EPS for the current fiscal year.

Institutional Trading of Middleby

A number of institutional investors have recently bought and sold shares of MIDD. Broyhill Asset Management LLC bought a new stake in shares of Middleby in the 3rd quarter valued at approximately $2,455,000. M&T Bank Corp bought a new position in Middleby during the fourth quarter valued at approximately $15,085,000. Tudor Investment Corp ET AL raised its position in Middleby by 45.5% during the third quarter. Tudor Investment Corp ET AL now owns 75,950 shares of the industrial products company’s stock valued at $10,096,000 after acquiring an additional 23,737 shares in the last quarter. Eschler Asset Management LLP acquired a new stake in Middleby in the third quarter valued at approximately $931,000. Finally, Allspring Global Investments Holdings LLC acquired a new stake in Middleby in the fourth quarter valued at approximately $11,980,000. Institutional investors and hedge funds own 98.55% of the company’s stock.

About Middleby

(Get 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.