Rep. April McClain Delaney Sells Off Shares of The Middleby Corporation (NASDAQ:MIDD)

Key Points

• Rep. April McClain Delaney sold shares of The Middleby Corporation (NASDAQ:MIDD) valued between $1,001 and $15,000 on September 18th, as disclosed in a filing on October 6th.
• The Middleby Corporation's stock opened at $137.34, with notable performance metrics including a market cap of $6.96 billion and a 12-month price range from $118.09 to $182.73.
• Equity analysts have mixed ratings on Middleby, with five analysts rating it as a Buy and some lowering price targets, including Barclays from $180.00 to $165.00.

Representative April McClain Delaney (D-Maryland) recently sold shares of The Middleby Corporation NASDAQ: MIDD. In a filing disclosed on October 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Middleby stock on September 18th.

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

• Purchased $15,001 - $50,000 in shares of Nasdaq NASDAQ: NDAQ on 9/19/2025.
• Sold $1,001 - $15,000 in shares of Silicon Graphics International NASDAQ: SGI on 9/19/2025.
• Purchased $1,001 - $15,000 in shares of STERIS NYSE: STE on 9/18/2025.
• Purchased $1,001 - $15,000 in shares of Brown & Brown NYSE: BRO on 9/18/2025.
• Purchased $1,001 - $15,000 in shares of Jones Lang LaSalle NYSE: JLL on 9/18/2025.
• Sold $1,001 - $15,000 in shares of Dayforce NYSE: DAY on 9/11/2025.
• Purchased $1,001 - $15,000 in shares of STERIS NYSE: STE on 9/11/2025.
• Purchased $1,001 - $15,000 in shares of BJ's Wholesale Club NYSE: BJ on 8/25/2025.
• Purchased $15,001 - $50,000 in shares of Markel Group NYSE: MKL on 8/21/2025.
• Sold $15,001 - $50,000 in shares of Dayforce NYSE: DAY on 8/19/2025.

Middleby Stock Performance

Shares of MIDD stock opened at $137.34 on Wednesday. The company has a market cap of $6.96 billion, a price-to-earnings ratio of 17.47 and a beta of 1.52. The stock has a 50 day simple moving average of $135.18 and a 200-day simple moving average of $140.36. The Middleby Corporation has a 12-month low of $118.09 and a 12-month high of $182.73. The company has a current ratio of 2.57, a quick ratio of 1.56 and a debt-to-equity ratio of 0.64.

Middleby (NASDAQ:MIDD - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The industrial products company reported $2.35 earnings per share for the quarter, topping analysts' consensus estimates of $2.20 by $0.15. The business had revenue of $977.86 million for the quarter, compared to analysts' expectations of $979.59 million. Middleby had a return on equity of 14.14% and a net margin of 11.06%.The company's revenue was down 1.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.39 EPS. On average, equities analysts forecast that The Middleby Corporation will post 9.11 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Price T Rowe Associates Inc. MD raised its position in shares of Middleby by 59.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,029,484 shares of the industrial products company's stock worth $460,422,000 after buying an additional 1,133,931 shares during the period. Earnest Partners LLC raised its position in shares of Middleby by 0.6% in the 1st quarter. Earnest Partners LLC now owns 1,319,757 shares of the industrial products company's stock worth $200,577,000 after buying an additional 7,791 shares during the period. Clarkston Capital Partners LLC raised its position in shares of Middleby by 0.6% in the 2nd quarter. Clarkston Capital Partners LLC now owns 692,764 shares of the industrial products company's stock worth $99,758,000 after buying an additional 4,204 shares during the period. Sei Investments Co. raised its position in shares of Middleby by 4.0% in the 2nd quarter. Sei Investments Co. now owns 680,688 shares of the industrial products company's stock worth $98,019,000 after buying an additional 26,022 shares during the period. Finally, Franklin Resources Inc. raised its position in shares of Middleby by 27.0% in the 2nd quarter. Franklin Resources Inc. now owns 621,794 shares of the industrial products company's stock worth $89,538,000 after buying an additional 132,191 shares during the period. Hedge funds and other institutional investors own 98.55% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on MIDD shares. Zacks Research upgraded Middleby to a "strong sell" rating in a report on Monday, August 11th. Wall Street Zen cut Middleby from a "buy" rating to a "hold" rating in a report on Sunday, July 20th. Barclays lowered their target price on Middleby from $180.00 to $165.00 and set an "overweight" rating on the stock in a report on Monday, July 21st. JPMorgan Chase & Co. lowered their target price on Middleby from $145.00 to $125.00 and set an "underweight" rating on the stock in a report on Thursday, August 7th. Finally, Wolfe Research set a $163.00 target price on Middleby and gave the company an "outperform" rating in a report on Thursday, September 4th. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $160.71.

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.

Middleby Company Profile

The Middleby Corporation designs, markets, manufactures, distributes, and services foodservice, food processing, and residential kitchen equipment worldwide. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, and rethermalizers; steam cooking, food warming, catering, induction cooking, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, and freezers; soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment; and fry dispensers, bottle filling and canning equipment, IoT solutions, and controls development and manufacturing.

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