Rep. April McClain Delaney Sells Off The Middleby Corporation (NASDAQ:MIDD) Stock

Representative April McClain Delaney (Democratic-Maryland) recently sold shares of The Middleby Corporation (NASDAQ:MIDD). In a filing disclosed on September 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in Middleby stock on August 10th.

Representative April McClain Delaney also recently made the following trade(s):

Get Middleby alerts:

• Sold $100,001 – $250,000 in shares of Wabtec (NYSE:WAB) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Viking (NYSE:VIK) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Trimble (NASDAQ:TRMB) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Transdigm Group (NYSE:TDG) on 8/25/2026.
• Sold $15,001 – $50,000 in shares of Tractor Supply (NASDAQ:TSCO) on 8/25/2026.
• Sold $15,001 – $50,000 in shares of Middleby (NASDAQ:MIDD) on 8/25/2026.
• Sold $15,001 – $50,000 in shares of Teledyne Technologies (NYSE:TDY) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of STERIS (NYSE:STE) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Somnigroup International (NYSE:SGI) on 8/25/2026.
• Sold $100,001 – $250,000 in shares of Signet Jewelers (NYSE:SIG) on 8/25/2026.

Middleby Stock Performance

Shares of NASDAQ:MIDD traded up $2.59 on Friday, hitting $108.31. 878,152 shares of the company were exchanged, compared to its average volume of 515,898. The company’s 50 day moving average price is $124.88 and its two-hundred day moving average price is $141.73. The Middleby Corporation has a one year low of $104.24 and a one year high of $180.13. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.10 and a current ratio of 1.99. The firm has a market capitalization of $4.90 billion, a price-to-earnings ratio of -11.70 and a beta of 1.31.

Middleby (NASDAQ:MIDD – Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The industrial products company reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.26. The firm had revenue of $875.55 million for the quarter, compared to analyst estimates of $836.99 million. Middleby had a positive return on equity of 17.44% and a negative net margin of 13.22%.The company’s quarterly revenue was down 10.5% compared to the same quarter last year. During the same period in the previous year, the company posted $2.35 earnings per share. Middleby has set its Q3 2026 guidance at 1.670-1.830 EPS and its FY 2026 guidance at 6.730-6.890 EPS. Research analysts expect that The Middleby Corporation will post 6.85 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on MIDD. Oppenheimer reiterated an “outperform” rating and set a $160.00 price target (down from $205.00) on shares of Middleby in a research note on Wednesday, August 12th. KeyCorp set a $152.00 price objective on shares of Middleby in a report on Tuesday, July 14th. JPMorgan Chase & Co. decreased their target price on shares of Middleby from $151.00 to $141.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 12th. Jefferies Financial Group dropped their price target on shares of Middleby from $200.00 to $160.00 and set a “buy” rating for the company in a research report on Wednesday, July 8th. Finally, Zacks Research cut shares of Middleby from a “hold” rating to a “strong sell” rating in a research note on Friday, August 14th. Five investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Middleby currently has a consensus rating of “Hold” and an average price target of $160.43.

Check Out Our Latest Stock Report on Middleby

Hedge Funds Weigh In On Middleby

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Middleby by 90.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 432 shares of the industrial products company’s stock valued at $66,000 after purchasing an additional 205 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Middleby by 6.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 157,149 shares of the industrial products company’s stock worth $23,884,000 after acquiring an additional 9,936 shares during the last quarter. Focus Partners Wealth increased its position in Middleby by 344.7% in the 1st quarter. Focus Partners Wealth now owns 2,228 shares of the industrial products company’s stock valued at $339,000 after acquiring an additional 1,727 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in Middleby by 280.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 327 shares of the industrial products company’s stock valued at $47,000 after acquiring an additional 241 shares in the last quarter. Finally, Cresset Asset Management LLC bought a new position in shares of Middleby in the second quarter worth about $202,000. 98.55% of the stock is currently owned by institutional investors and hedge funds.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.

April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

About Middleby

(Get Free Report)

Middleby Corporation is a global manufacturer of commercial foodservice, residential kitchen, and food processing equipment. Its products are used by restaurants, hotels, institutional kitchens, food retailers, and food manufacturers around the world.

The company’s commercial foodservice portfolio includes cooking, baking, frying, refrigeration, ventilation, beverage, and food preparation equipment. Its residential brands offer cooking appliances, refrigeration, outdoor kitchen products, and related specialty equipment.

Featured Articles

• Five stocks we like better than Middleby
• Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
• Optical Cable Corporation Is Starting to Get the Market’s Attention
• Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
• Is Nike’s Index Demotion a Warning or a Buying Opportunity?

Receive News & Ratings for Middleby Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Middleby and related companies with MarketBeat.com's FREE daily email newsletter.