13,400 Shares in The Middleby Corporation $MIDD Purchased by Louisiana State Employees Retirement System

Posted by Brenda Bartman on Jul 1st, 2026

Louisiana State Employees Retirement System purchased a new stake in shares of The Middleby Corporation (NASDAQ:MIDD – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 13,400 shares of the industrial products company’s stock, valued at approximately $1,777,000.

A number of other large investors have also added to or reduced their stakes in MIDD. Torren Management LLC purchased a new position in shares of Middleby in the fourth quarter valued at $25,000. Clearstead Advisors LLC lifted its position in Middleby by 201.8% during the fourth quarter. Clearstead Advisors LLC now owns 166 shares of the industrial products company’s stock valued at $25,000 after purchasing an additional 111 shares during the last quarter. Larson Financial Group LLC lifted its position in Middleby by 1,292.9% during the fourth quarter. Larson Financial Group LLC now owns 195 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 181 shares during the last quarter. Danske Bank A S purchased a new position in shares of Middleby in the 3rd quarter worth $27,000. Finally, Los Angeles Capital Management LLC bought a new stake in shares of Middleby in the 4th quarter worth about $35,000. Institutional investors own 98.55% of the company’s stock.

Middleby Stock Down 0.6%

Shares of MIDD opened at $171.98 on Wednesday. The firm has a fifty day moving average price of $154.28 and a 200-day moving average price of $151.16. 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 firm has a market capitalization of $7.78 billion, a P/E ratio of -20.28 and a beta of 1.36. The Middleby Corporation has a 12-month low of $110.82 and a 12-month high of $176.44.

Middleby (NASDAQ:MIDD – Get Free Report) last posted its quarterly 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. Middleby had a negative net margin of 11.46% and a positive return on equity of 15.94%. The company had revenue of $839.91 million for the quarter, compared to the consensus estimate of $777.19 million. During the same quarter last year, the firm posted $2.08 EPS. The firm’s revenue 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. Equities research analysts expect that The Middleby Corporation will post 9.58 earnings per share for the current year.

Analysts Set New Price Targets

MIDD has been the subject of a number of analyst reports. Oppenheimer started coverage on shares of Middleby in a report on Wednesday, June 17th. They issued an “outperform” rating and a $205.00 price target for the company. Barclays reaffirmed an “overweight” rating and issued a $190.00 price objective (up from $168.00) on shares of Middleby in a research note on Friday, May 8th. Canaccord Genuity Group set a $200.00 target price on Middleby in a report on Friday, May 8th. Wall Street Zen raised Middleby from a “hold” rating to a “buy” rating in a research report on Sunday, June 14th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Middleby in a report on Friday, May 1st. 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $191.62.

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.