Middleby (NASDAQ:MIDD) Releases Q1 2026 Earnings Guidance

26 Feb 2026, 14:04 by Sarita Garza · The Markets Daily

Middleby (NASDAQ:MIDD – Get Free Report) updated its first quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.900-2.020 for the period, compared to the consensus EPS estimate of 1.960. The company issued revenue guidance of $760.0 million-$788.0 million, compared to the consensus revenue estimate of $932.3 million. Middleby also updated its FY 2026 guidance to 9.200-9.360 EPS.

Middleby Price Performance

Shares of Middleby stock opened at $157.78 on Thursday. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.07 and a quick ratio of 1.10. The company has a market cap of $7.95 billion, a PE ratio of -35.86 and a beta of 1.40. The firm has a fifty day moving average price of $154.16 and a two-hundred day moving average price of $138.96. Middleby has a fifty-two week low of $110.82 and a fifty-two week high of $175.20.

Middleby (NASDAQ:MIDD – Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The industrial products company reported $2.14 EPS for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.16). Middleby had a negative net margin of 5.22% and a positive return on equity of 14.66%. Middleby has set its FY 2026 guidance at 9.200-9.360 EPS and its Q1 2026 guidance at 1.900-2.020 EPS. Analysts expect that Middleby will post 9.11 EPS for the current year.

Analyst Ratings Changes

MIDD has been the topic of several recent research reports. Wall Street Zen raised Middleby from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Weiss Ratings restated a “sell (d)” rating on shares of Middleby in a research note on Monday, December 29th. Barclays set a $168.00 target price on shares of Middleby and gave the company an “overweight” rating in a research report on Tuesday, November 11th. Canaccord Genuity Group set a $187.00 price target on shares of Middleby and gave the stock a “buy” rating in a research note on Tuesday. Finally, Zacks Research lowered Middleby from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 26th. Five equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Middleby currently has an average rating of “Moderate Buy” and an average target price of $165.83.

View Our Latest Analysis on Middleby

Insiders Place Their Bets

In other Middleby news, Director Robert A. Nerbonne acquired 780 shares of the business’s stock in a transaction on Tuesday, December 9th. The stock was purchased at an average price of $128.52 per share, for a total transaction of $100,245.60. Following the transaction, the director owned 21,471 shares in the company, valued at $2,759,452.92. This trade represents a 3.77% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 6.18% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Middleby

A number of hedge funds have recently added to or reduced their stakes in the stock. T. Rowe Price Investment Management Inc. increased its holdings in Middleby by 4,256.3% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 722,137 shares of the industrial products company’s stock valued at $107,361,000 after purchasing an additional 705,560 shares during the last quarter. Invesco Ltd. grew its position in shares of Middleby by 40.6% during the 4th quarter. Invesco Ltd. now owns 1,432,021 shares of the industrial products company’s stock worth $212,899,000 after buying an additional 413,485 shares during the period. Corient Private Wealth LLC grew its position in shares of Middleby by 300.5% during the 4th quarter. Corient Private Wealth LLC now owns 31,354 shares of the industrial products company’s stock worth $4,662,000 after buying an additional 23,526 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in shares of Middleby by 88.3% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 7,400 shares of the industrial products company’s stock valued at $1,100,000 after acquiring an additional 3,471 shares during the last quarter. Finally, Vident Advisory LLC raised its position in shares of Middleby by 15.2% in the 4th quarter. Vident Advisory LLC now owns 6,870 shares of the industrial products company’s stock valued at $1,021,000 after acquiring an additional 909 shares during the period. Institutional investors own 98.55% of the company’s stock.

About Middleby

(Get Free Report)

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.