Middleby
MIDD
About: The Middleby Corp is engaged in designing, manufacturing, marketing, distribution and service of a broad line of foodservice equipment used in all types of commercial restaurants and institutional kitchens, food preparation, cooking, baking, chilling and packaging equipment for food processing operations, and premium kitchen equipment including ranges, ovens, refrigerators, ventilation, dishwashers and outdoor cooking equipment used in the residential market. The company conducts its business through three principal business segments namely the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The firm derives majority revenue from Commercial Foodservice Equipment Group segment.
Employees: 10,616
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
42% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 50
25% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 5 (+1) [Q2]
4% more funds holding
Funds holding: 406 [Q1] → 421 (+15) [Q2]
0.99% less ownership
Funds ownership: 105.7% [Q1] → 104.71% (-0.99%) [Q2]
9% less repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 149
6% less capital invested
Capital invested by funds: $8.61B [Q1] → $8.09B (-$520M) [Q2]
47% less call options, than puts
Call options by funds: $184M | Put options by funds: $348M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Wolfe Research
Chris Senyek
|
$163
|
Outperform
Initiated
|
4 Sep 2025 |
Canaccord Genuity
Brian McNamara
|
$175
|
Buy
Maintained
|
2 Sep 2025 |
JP Morgan
Tami Zakaria
|
$125
|
Underweight
Maintained
|
7 Aug 2025 |
Barclays
Adam Seiden
|
$165
|
Overweight
Maintained
|
21 Jul 2025 |
Financial journalist opinion