Vanguard Group Inc. Sells 111,282 Shares of The Middleby Corporation $MIDD

Key Points

• Vanguard Group trimmed its stake in The Middleby Corporation by 2.5%, selling 111,282 shares in Q4 and now holds 4,302,674 shares (about 8.54%) valued at $639.68 million.
• Other institutions boosted exposure sharply—most notably Invesco (+1,046.4% to 1,018,536 shares)—and institutional ownership of Middleby stands at 98.55%.
• Middleby beat quarterly EPS estimates ($2.42 vs. $2.27), showed mixed profitability (negative net margin of 7.44% but ROE of 14.57%), issued FY2026 EPS guidance of 9.20–9.36, and carries a MarketBeat consensus of "Moderate Buy" with a $178.57 price target.

Vanguard Group Inc. trimmed its position in shares of The Middleby Corporation (NASDAQ:MIDD - Free Report) by 2.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,302,674 shares of the industrial products company's stock after selling 111,282 shares during the quarter. Vanguard Group Inc. owned approximately 8.54% of Middleby worth $639,679,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Invesco Ltd. boosted its stake in Middleby by 1,046.4% in the third quarter. Invesco Ltd. now owns 1,018,536 shares of the industrial products company's stock valued at $135,394,000 after acquiring an additional 929,688 shares during the last quarter. SG Capital Management LLC bought a new position in shares of Middleby during the third quarter worth $55,260,000. Marshall Wace LLP raised its holdings in shares of Middleby by 260.0% during the third quarter. Marshall Wace LLP now owns 419,936 shares of the industrial products company's stock worth $55,822,000 after acquiring an additional 303,293 shares during the period. Holocene Advisors LP raised its holdings in shares of Middleby by 397.3% during the third quarter. Holocene Advisors LP now owns 168,875 shares of the industrial products company's stock worth $22,449,000 after acquiring an additional 134,914 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Middleby by 9.5% during the third quarter. Dimensional Fund Advisors LP now owns 1,427,424 shares of the industrial products company's stock worth $189,749,000 after acquiring an additional 123,945 shares during the period. 98.55% of the stock is owned by institutional investors.

Middleby Price Performance

Shares of NASDAQ:MIDD opened at $138.87 on Monday. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.57 and a quick ratio of 1.92. The Middleby Corporation has a one year low of $110.82 and a one year high of $169.44. The firm has a 50 day simple moving average of $144.63 and a 200 day simple moving average of $141.69. The company has a market cap of $6.47 billion, a price-to-earnings ratio of -24.24 and a beta of 1.35.

Middleby (NASDAQ:MIDD - Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The industrial products company reported $2.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.15. Middleby had a negative net margin of 7.44% and a positive return on equity of 14.57%. The firm had revenue of $334.59 million during the quarter, compared to analysts' expectations of $1.01 billion. During the same period in the prior year, the company posted $2.88 EPS. The company's revenue was up 4.5% on a year-over-year basis. Middleby has set its FY 2026 guidance at 9.200-9.360 EPS and its Q1 2026 guidance at 1.900-2.020 EPS. Research analysts predict that The Middleby Corporation will post 9.23 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have issued reports on MIDD. Zacks Research lowered shares of Middleby from a "strong-buy" rating to a "hold" rating in a research note on Monday, January 26th. Wall Street Zen downgraded shares of Middleby from a "buy" rating to a "hold" rating in a report on Saturday, March 7th. Canaccord Genuity Group set a $187.00 target price on shares of Middleby and gave the stock a "buy" rating in a report on Tuesday, February 24th. Jefferies Financial Group reissued a "buy" rating and issued a $195.00 price objective on shares of Middleby in a report on Tuesday, March 31st. Finally, Weiss Ratings reissued a "sell (d+)" rating on shares of Middleby in a report on Friday. Six 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's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $178.57.

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.

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