Middleby (NASDAQ:MIDD) Shares Sold Off Rep. April McClain Delaney

Key Points

• Rep. April McClain Delaney sold Middleby shares valued between $1,001 and $15,000 on August 4, and later reported selling $15,001–$50,000 of Middleby stock on August 25.
• Middleby shares opened at $105.72, down 0.2%, near their 52-week low of $104.24 and well below the 52-week high of $180.13. Analysts have a consensus “Hold” rating with an average price target of $160.43.
• Middleby exceeded quarterly earnings expectations, reporting $2.35 EPS versus the $2.09 consensus and revenue of $875.55 million, though revenue declined 10.5% year over year. The company forecast full-year 2026 EPS of $6.73–$6.89.

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 4th.

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

• 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 Down 0.2%

Shares of NASDAQ:MIDD opened at $105.72 on Friday. The firm has a market capitalization of $4.78 billion, a PE ratio of -11.42 and a beta of 1.31. 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 Middleby Corporation has a 52-week low of $104.24 and a 52-week high of $180.13. The firm has a fifty day moving average of $126.21 and a 200 day moving average of $141.96.

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, topping the consensus estimate of $2.09 by $0.26. Middleby had a positive return on equity of 17.44% and a negative net margin of 13.22%.The firm had revenue of $875.55 million during the quarter, compared to analyst estimates of $836.99 million. During the same quarter in the previous year, the company posted $2.35 earnings per share. The company's revenue was down 10.5% compared to the same quarter last year. Middleby has set its Q3 2026 guidance at 1.670-1.830 EPS and its FY 2026 guidance at 6.730-6.890 EPS. As a group, research analysts anticipate that The Middleby Corporation will post 6.85 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Middleby in the second quarter worth $27,000. Clearstead Advisors LLC boosted its holdings in shares of Middleby by 201.8% during the 4th quarter. Clearstead Advisors LLC now owns 166 shares of the industrial products company's stock valued at $25,000 after buying an additional 111 shares in the last quarter. Elevation Wealth Partners LLC grew its position in shares of Middleby by 553.8% in the 2nd quarter. Elevation Wealth Partners LLC now owns 170 shares of the industrial products company's stock worth $29,000 after buying an additional 144 shares during the period. Larson Financial Group LLC increased its stake in shares of Middleby by 1,292.9% in the 4th quarter. Larson Financial Group LLC now owns 195 shares of the industrial products company's stock worth $29,000 after acquiring an additional 181 shares in the last quarter. Finally, Danske Bank A S purchased a new position in Middleby during the 3rd quarter valued at about $27,000. Hedge funds and other institutional investors own 98.55% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. JPMorgan Chase & Co. dropped their target price on Middleby from $151.00 to $141.00 and set a "neutral" rating for the company in a research report on Wednesday, August 12th. Wall Street Zen downgraded shares of Middleby from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. Oppenheimer restated an "outperform" rating and issued a $160.00 price objective (down from $205.00) on shares of Middleby in a report on Wednesday, August 12th. Seaport Research Partners set a $145.00 price objective on shares of Middleby in a research note on Wednesday, August 12th. Finally, Robert W. Baird cut Middleby from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 8th. Five analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Middleby has a consensus rating of "Hold" and an average price target of $160.43.

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

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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