What is Zacks Research’s Estimate for Middleby Q2 Earnings?

The Middleby Co. (NASDAQ:MIDD) – Stock analysts at Zacks Research lifted their Q2 2025 earnings per share estimates for shares of Middleby in a research report issued to clients and investors on Tuesday, March 18th. Zacks Research analyst R. Department now expects that the industrial products company will post earnings of $2.39 per share for the quarter, up from their previous estimate of $2.31. The consensus estimate for Middleby’s current full-year earnings is $9.11 per share. Zacks Research also issued estimates for Middleby’s Q3 2025 earnings at $2.37 EPS, Q4 2025 earnings at $2.67 EPS, FY2025 earnings at $9.36 EPS, Q1 2026 earnings at $2.13 EPS, Q2 2026 earnings at $2.60 EPS, Q3 2026 earnings at $2.56 EPS, Q4 2026 earnings at $2.89 EPS, FY2026 earnings at $10.18 EPS and FY2027 earnings at $12.15 EPS.

Middleby (NASDAQ:MIDD) last released its earnings results on Tuesday, February 25th. The industrial products company reported $2.88 earnings per share for the quarter, topping analysts’ consensus estimates of $2.50 by $0.38. The company had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $996.69 million. Middleby had a return on equity of 14.66% and a net margin of 10.14%. The firm’s quarterly revenue was up .4% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.65 earnings per share.

A number of other equities research analysts also recently weighed in on the company. StockNews.com downgraded Middleby from a “buy” rating to a “hold” rating in a research report on Monday, January 27th. Barclays upped their price objective on Middleby from $160.00 to $180.00 and gave the company an “overweight” rating in a report on Wednesday, February 26th. JPMorgan Chase & Co. upped their price objective on Middleby from $145.00 to $150.00 and gave the company an “underweight” rating in a report on Wednesday, February 26th. Robert W. Baird upped their price objective on Middleby from $157.00 to $227.00 and gave the company an “outperform” rating in a report on Tuesday, January 28th. Finally, Canaccord Genuity Group upped their price objective on Middleby from $192.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Middleby currently has an average rating of “Hold” and a consensus target price of $180.86.

Middleby Trading Up 1.0 %

MIDD stock opened at $154.90 on Thursday. The company has a market cap of $8.31 billion, a P/E ratio of 21.37 and a beta of 1.72. Middleby has a twelve month low of $118.41 and a twelve month high of $182.73. The company has a quick ratio of 1.70, a current ratio of 2.81 and a debt-to-equity ratio of 0.66. The business has a fifty day moving average of $158.88 and a 200-day moving average of $145.01.

Insider Buying and Selling at Middleby

In other Middleby news, Director Chapin Sarah Palisi sold 500 shares of the business’s stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $163.51, for a total value of $81,755.00. Following the completion of the transaction, the director now directly owns 6,111 shares of the company’s stock, valued at approximately $999,209.61. The trade was a 7.56 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.16% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Assenagon Asset Management S.A. boosted its position in shares of Middleby by 4,494.8% during the fourth quarter. Assenagon Asset Management S.A. now owns 1,266,327 shares of the industrial products company’s stock worth $171,524,000 after buying an additional 1,238,767 shares during the period. Garden Investment Management L.P. acquired a new position in shares of Middleby during the fourth quarter worth about $101,958,000. Clarkston Capital Partners LLC acquired a new position in shares of Middleby during the fourth quarter worth about $91,869,000. Ameriprise Financial Inc. boosted its position in shares of Middleby by 237.2% during the fourth quarter. Ameriprise Financial Inc. now owns 366,293 shares of the industrial products company’s stock worth $49,614,000 after buying an additional 257,669 shares during the period. Finally, Thompson Siegel & Walmsley LLC acquired a new position in shares of Middleby during the fourth quarter worth about $26,930,000. 98.55% of the stock is owned by institutional investors and hedge funds.

About Middleby

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.