Thompson Siegel & Walmsley LLC Acquires Shares of 43,526 The Middleby Corporation $MIDD

Thompson Siegel & Walmsley LLC bought a new position in The Middleby Corporation (NASDAQ:MIDD) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 43,526 shares of the industrial products company’s stock, valued at approximately $6,471,000. Thompson Siegel & Walmsley LLC owned approximately 0.09% of Middleby as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in MIDD. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Middleby by 90.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 432 shares of the industrial products company’s stock worth $66,000 after buying an additional 205 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Middleby by 6.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 157,149 shares of the industrial products company’s stock valued at $23,884,000 after buying an additional 9,936 shares during the period. Focus Partners Wealth grew its holdings in shares of Middleby by 344.7% in the 1st quarter. Focus Partners Wealth now owns 2,228 shares of the industrial products company’s stock worth $339,000 after purchasing an additional 1,727 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Middleby by 280.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 327 shares of the industrial products company’s stock worth $47,000 after purchasing an additional 241 shares during the last quarter. Finally, Cresset Asset Management LLC bought a new stake in shares of Middleby in the 2nd quarter worth about $202,000. 98.55% of the stock is owned by institutional investors.

Middleby Stock Performance

Shares of Middleby stock opened at $156.46 on Tuesday. The company has a 50 day moving average of $143.03 and a 200-day moving average of $144.72. The Middleby Corporation has a 1-year low of $110.82 and a 1-year high of $169.44. The company has a current ratio of 1.96, a quick ratio of 1.10 and a debt-to-equity ratio of 0.77. The company has a market cap of $7.07 billion, a PE ratio of -18.45 and a beta of 1.36.

Middleby (NASDAQ:MIDD) last posted its quarterly earnings results on Thursday, May 7th. The industrial products company reported $2.16 earnings per share for the quarter, beating analysts’ consensus estimates of $1.94 by $0.22. The company had revenue of $839.91 million for the quarter, compared to the consensus estimate of $777.19 million. Middleby had a negative net margin of 11.46% and a positive return on equity of 15.94%. The firm’s quarterly revenue was up 15.0% compared to the same quarter last year. During the same period last year, the company posted $2.08 EPS. Middleby has set its FY 2026 guidance at 9.540-9.700 EPS and its Q2 2026 guidance at 2.270-2.390 EPS. As a group, equities research analysts forecast that The Middleby Corporation will post 9.56 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have commented on MIDD shares. Jefferies Financial Group reissued a “buy” rating and set a $195.00 price objective on shares of Middleby in a report on Tuesday, March 31st. Wall Street Zen raised Middleby from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. KeyCorp raised their target price on shares of Middleby from $175.00 to $190.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Middleby in a report on Friday, May 1st. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Middleby from $150.00 to $185.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Middleby currently has an average rating of “Moderate Buy” and a consensus price target of $189.71.

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.