Rockefeller Capital Management L.P. Sells 42,997 Shares of The Middleby Corporation $MIDD

Posted by on Jul 6th, 2026

Rockefeller Capital Management L.P. lessened its stake in shares of The Middleby Corporation (NASDAQ:MIDD – Free Report) by 94.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,662 shares of the industrial products company’s stock after selling 42,997 shares during the period. Rockefeller Capital Management L.P.’s holdings in Middleby were worth $396,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Broyhill Asset Management LLC bought a new stake in Middleby in the 3rd quarter valued at $2,455,000. M&T Bank Corp acquired a new position in shares of Middleby during the fourth quarter valued at about $15,085,000. Tudor Investment Corp ET AL lifted its stake in shares of Middleby by 45.5% in 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 buying an additional 23,737 shares during the period. Eschler Asset Management LLP acquired a new stake in Middleby during the third quarter worth about $931,000. Finally, Allspring Global Investments Holdings LLC bought a new position in Middleby during the fourth quarter valued at about $11,980,000. 98.55% of the stock is owned by institutional investors.

Middleby Stock Performance

MIDD stock opened at $175.12 on Monday. The Middleby Corporation has a 1-year low of $110.82 and a 1-year high of $176.44. The company has a current ratio of 1.96, a quick ratio of 1.10 and a debt-to-equity ratio of 0.77. The business’s 50 day moving average is $156.08 and its 200-day moving average is $151.73. The firm has a market cap of $7.92 billion, a P/E ratio of -20.65 and a beta of 1.33.

Middleby (NASDAQ:MIDD – Get Free Report) last posted its earnings results on Thursday, May 7th. The industrial products company reported $2.16 EPS for the quarter, topping the consensus estimate of $1.94 by $0.22. The business had revenue of $839.91 million during the quarter, compared to the consensus estimate 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 was up 15.0% on a year-over-year basis. During the same quarter last year, the company earned $2.08 EPS. Middleby has set its FY 2026 guidance at 9.540-9.700 EPS and its Q2 2026 guidance at 2.270-2.390 EPS. Equities analysts anticipate that The Middleby Corporation will post 9.58 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on the company. Jefferies Financial Group reiterated a “buy” rating and issued a $195.00 price objective on shares of Middleby in a research report on Tuesday, March 31st. Barclays restated an “overweight” rating and set a $190.00 price objective (up from $168.00) on shares of Middleby in a research report on Friday, May 8th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Middleby in a research report on Friday, May 1st. Oppenheimer assumed coverage on shares of Middleby in a research note on Wednesday, June 17th. They set an “outperform” rating and a $205.00 price target on the stock. Finally, Wall Street Zen upgraded shares of Middleby from a “hold” rating to a “buy” rating in a research note on Sunday, June 14th. Seven research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $191.62.

View Our Latest Analysis on MIDD

Middleby 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.

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Institutional Ownership by Quarter for Middleby (NASDAQ:MIDD)

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