Q3 Earnings Estimate for Middleby Issued By William Blair

Key Points

• William Blair has revised its Q3 2025 earnings estimates for Middleby, lowering the forecast from $2.46 to $2.05 per share.
• Recent analyst reports have seen price targets for Middleby decrease from multiple firms, with Barclays reducing it from $180.00 to $165.00 and JPMorgan lowering theirs from $145.00 to $125.00.
• Middleby's stock is currently well-rated by analysts with an average rating of "Moderate Buy" and a consensus target price of $159.00, despite recent adjustments in earnings outlook.

The Middleby Corporation (NASDAQ:MIDD - Free Report) - Investment analysts at William Blair reduced their Q3 2025 earnings per share (EPS) estimates for shares of Middleby in a report released on Thursday, August 7th. William Blair analyst R. Sparenblek now forecasts that the industrial products company will post earnings of $2.05 per share for the quarter, down from their prior forecast of $2.46. The consensus estimate for Middleby's current full-year earnings is $9.11 per share. William Blair also issued estimates for Middleby's Q4 2025 earnings at $2.30 EPS, FY2025 earnings at $8.85 EPS and FY2026 earnings at $10.00 EPS.

Several other equities research analysts have also commented on the company. Barclays cut their price objective on Middleby from $180.00 to $165.00 and set an "overweight" rating for the company in a research note on Monday, July 21st. Wall Street Zen cut Middleby from a "buy" rating to a "hold" rating in a research note on Sunday, July 20th. Canaccord Genuity Group reduced their target price on Middleby from $186.00 to $162.00 and set a "buy" rating for the company in a report on Thursday, August 7th. JPMorgan Chase & Co. lowered their price target on Middleby from $145.00 to $125.00 and set an "underweight" rating on the stock in a report on Thursday, August 7th. Finally, Robert W. Baird lowered their price objective on Middleby from $188.00 to $162.00 and set an "outperform" rating on the stock in a report on Thursday, May 8th. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $159.00.

Middleby Stock Performance

MIDD traded down $3.58 on Monday, reaching $134.41. 321,212 shares of the stock were exchanged, compared to its average volume of 914,905. The firm has a market capitalization of $6.81 billion, a PE ratio of 17.08 and a beta of 1.58. The company's 50-day moving average price is $143.29 and its 200 day moving average price is $147.97. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.57 and a quick ratio of 1.56. Middleby has a fifty-two week low of $118.09 and a fifty-two week high of $182.73.

Middleby (NASDAQ:MIDD - Get Free Report) last announced its earnings results on Wednesday, August 6th. The industrial products company reported $2.35 earnings per share for the quarter, topping the consensus estimate of $2.20 by $0.15. Middleby had a return on equity of 14.14% and a net margin of 11.06%. The firm had revenue of $977.86 million for the quarter, compared to the consensus estimate of $979.59 million. During the same period in the previous year, the business earned $2.39 EPS. The firm's revenue for the quarter was down 1.4% on a year-over-year basis.

Insiders Place Their Bets

In other Middleby news, Director Edward P. Garden acquired 137,000 shares of the company's stock in a transaction that occurred on Wednesday, May 21st. The shares were purchased at an average price of $148.03 per share, for a total transaction of $20,280,110.00. Following the completion of the purchase, the director directly owned 3,276,834 shares in the company, valued at $485,069,737.02. The trade was a 4.36% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 6.18% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. TCTC Holdings LLC increased its holdings in shares of Middleby by 116.7% during the 1st quarter. TCTC Holdings LLC now owns 169 shares of the industrial products company's stock worth $26,000 after purchasing an additional 91 shares during the period. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of Middleby during the second quarter worth approximately $30,000. Allworth Financial LP lifted its position in shares of Middleby by 168.8% during the second quarter. Allworth Financial LP now owns 207 shares of the industrial products company's stock worth $30,000 after purchasing an additional 130 shares in the last quarter. AdvisorShares Investments LLC bought a new stake in shares of Middleby during the second quarter worth approximately $37,000. Finally, Versant Capital Management Inc raised its stake in shares of Middleby by 760.0% during the first quarter. Versant Capital Management Inc now owns 258 shares of the industrial products company's stock worth $39,000 after buying an additional 228 shares during the last quarter. 98.55% of the stock is currently owned by institutional investors.

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.