The Middleby Corporation $MIDD Shares Sold by Caxton Associates LLP

Caxton Associates LLP cut its holdings in The Middleby Corporation (NASDAQ:MIDD) by 42.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 7,423 shares of the industrial products company’s stock after selling 5,408 shares during the period. Caxton Associates LLP’s holdings in Middleby were worth $984,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Torren Management LLC acquired a new stake in shares of Middleby during the fourth quarter worth $25,000. Clearstead Advisors LLC increased its stake in Middleby by 201.8% in 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. Danske Bank A S acquired a new position in Middleby in the third quarter valued at $27,000. 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 worth $29,000 after buying an additional 181 shares during the period. Finally, Caitong International Asset Management Co. Ltd lifted its position in Middleby by 135.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 245 shares of the industrial products company’s stock worth $33,000 after buying an additional 141 shares during the period. Hedge funds and other institutional investors own 98.55% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on the company. Canaccord Genuity Group set a $200.00 price target on Middleby in a report on Friday, May 8th. Jefferies Financial Group cut their price objective on shares of Middleby from $200.00 to $160.00 and set a “buy” rating on the stock in a report on Wednesday, July 8th. Weiss Ratings reissued a “sell (d+)” rating on shares of Middleby in a research report on Friday, May 1st. JPMorgan Chase & Co. lowered their target price on shares of Middleby from $185.00 to $151.00 and set a “neutral” rating for the company in a report on Monday, July 13th. Finally, KeyCorp set a $152.00 price target on shares of Middleby in a research report on Tuesday, July 14th. Six equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $173.88.

Middleby Price Performance

MIDD stock opened at $133.88 on Monday. The company has a market cap of $6.05 billion, a PE ratio of -15.79 and a beta of 1.33. 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 stock has a 50-day moving average price of $153.08 and a two-hundred day moving average price of $150.38. The Middleby Corporation has a 12-month low of $110.82 and a 12-month high of $180.13.

Middleby (NASDAQ:MIDD) last released its quarterly earnings data on Thursday, May 7th. The industrial products company reported $2.16 EPS for the quarter, topping analysts’ consensus estimates of $1.94 by $0.22. The company had revenue of $839.91 million for 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%.The company’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same period last year, the business posted $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. As a group, research analysts predict that The Middleby Corporation will post 9.54 EPS for the current year.

Middleby Profile

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.