Intech Investment Management LLC Grows Stock Holdings in The Middleby Corporation $MIDD

Posted by on Jun 8th, 2026

Intech Investment Management LLC lifted its position in shares of The Middleby Corporation (NASDAQ:MIDD – Free Report) by 119.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,311 shares of the industrial products company’s stock after buying an additional 3,437 shares during the quarter. Intech Investment Management LLC’s holdings in Middleby were worth $938,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Turtle Creek Asset Management Inc. lifted its stake in shares of Middleby by 4.2% during the 3rd quarter. Turtle Creek Asset Management Inc. now owns 1,461,810 shares of the industrial products company’s stock valued at $194,318,000 after buying an additional 59,050 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Middleby by 9.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,427,424 shares of the industrial products company’s stock valued at $189,749,000 after buying an additional 123,945 shares in the last quarter. Earnest Partners LLC lifted its stake in shares of Middleby by 0.7% during the 3rd quarter. Earnest Partners LLC now owns 1,329,439 shares of the industrial products company’s stock valued at $176,722,000 after buying an additional 9,524 shares in the last quarter. Invesco Ltd. lifted its stake in Middleby by 1,046.4% in the 3rd quarter. Invesco Ltd. now owns 1,018,536 shares of the industrial products company’s stock worth $135,394,000 after purchasing an additional 929,688 shares in the last quarter. Finally, Sei Investments Co. lifted its stake in Middleby by 2.5% in the 3rd quarter. Sei Investments Co. now owns 697,865 shares of the industrial products company’s stock worth $92,767,000 after purchasing an additional 17,177 shares in the last quarter. Hedge funds and other institutional investors own 98.55% of the company’s stock.

Middleby Stock Performance

Middleby stock opened at $154.93 on Monday. The company’s 50-day moving average price is $144.55 and its 200-day moving average price is $145.75. The Middleby Corporation has a twelve month low of $110.82 and a twelve month high of $169.44. The company has a quick ratio of 1.10, a current ratio of 1.96 and a debt-to-equity ratio of 0.77. The company has a market cap of $7.00 billion, a PE ratio of -18.27 and a beta of 1.36.

Middleby (NASDAQ:MIDD – Get Free Report) last posted its earnings results on Thursday, May 7th. The industrial products company reported $2.16 earnings per share for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $777.19 million. During the same period in the previous year, the firm posted $2.08 EPS. The business’s quarterly revenue was up 15.0% on a year-over-year basis. 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, equities research analysts forecast that The Middleby Corporation will post 9.56 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have commented on MIDD. KeyCorp boosted their price target on shares of Middleby from $175.00 to $190.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Jefferies Financial Group reiterated a “buy” rating and issued a $195.00 price target on shares of Middleby in a research note on Tuesday, March 31st. Canaccord Genuity Group set a $200.00 price target on shares of Middleby in a research note on Friday, May 8th. Robert W. Baird set a $205.00 price target on shares of Middleby in a research note on Friday, May 8th. Finally, Barclays reiterated an “overweight” rating and issued a $190.00 price target (up from $168.00) on shares of Middleby in a research note on Friday, May 8th. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Middleby presently has a consensus rating of “Moderate Buy” and an average price target of $189.71.

Read 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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