The Benchmark Company initiated coverage on Middleby with a new price target
$MIDD
Industrial Machinery/Components
Industrials
The Benchmark Company initiated coverage of Middleby with a rating of Buy and set a new price target of $190.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/10/2025 | $175.00 | Hold → Buy | Jefferies |
| 11/7/2025 | $125.00 | Underweight → Neutral | Analyst |
| 9/4/2025 | $163.00 | Outperform | Wolfe Research |
| 12/12/2024 | $170.00 → $160.00 | Buy → Hold | Jefferies |
| 6/28/2024 | Mkt Perform | Raymond James | |
| 5/22/2024 | $145.00 → $118.00 | Neutral → Underweight | JP Morgan |
| 11/17/2022 | $171.00 | Buy | Canaccord Genuity |
| 8/26/2022 | $190.00 | Buy | The Benchmark Company |
Q4 & FY 2025 Results Exceeded High End of Guidance Range for Revenue, Adj. EBITDA and Adj. EPS Initiates 2026 Organic Growth Guidance of +1-3% in Commercial Foodservice and +4-6% in Food Processing Repurchased 4.9 Million Shares (9.1% of Equity) in 2025 and 1.7 Million Shares (3.5% of Equity) YTD 2026 FOURTH QUARTER CONTINUING OPERATIONS HIGHLIGHTS All results reflect Residential Kitchen as discontinued operations unless otherwise stated Net Sales of $866 million increased 5% over prior year; marginally positive on organic basis Record Q4 Food Processing orders increased 66% organically and year-end backlog up 36% Operating income of $150 million, as compared to $182 milli
Current Food Processing President to Assume CEO Role Upon Completion of Q2 2026 Spin-Off The Middleby Corporation (NASDAQ:MIDD), a global leader in the foodservice industry, today announced that Mark Salman, currently President of the Middleby Food Processing Group (FPG), will serve as Chief Executive Officer of the Food Processing business when it becomes an independent public company in the second quarter of 2026. It was also announced that Mark Bowie will serve as the Chief Operating Officer of the Food Processing business upon the completion of the spin-off transaction. Mr. Salman will continue in his current role as President of Middleby FPG during the separation process and will a
The Middleby Corporation (NASDAQ:MIDD) will release 2025 fourth quarter earnings on Thursday, February 26 at 7 a.m. Eastern Time. The company has scheduled a conference call to discuss the results at 10 a.m. Eastern Time on February 26. The call is accessible through the Investor Relations section of the company website at www.middleby.com. If website access is not available, attendees can join the conference via the domestic dial-in 1-844-676-5090. International participants can access the conference by dialing 1-412-634-6754. About The Middleby Corporation The Middleby Corporation is a global leader in the foodservice industry. The company develops and manufactures a broad line of sol
8-K - MIDDLEBY Corp (0000769520) (Filer)
8-K - MIDDLEBY Corp (0000769520) (Filer)
SCHEDULE 13G/A - MIDDLEBY Corp (0000769520) (Subject)
4 - MIDDLEBY Corp (0000769520) (Issuer)
4 - MIDDLEBY Corp (0000769520) (Issuer)
4 - MIDDLEBY Corp (0000769520) (Issuer)
Jefferies upgraded Middleby from Hold to Buy and set a new price target of $175.00
Analyst upgraded Middleby from Underweight to Neutral and set a new price target of $125.00
Wolfe Research initiated coverage of Middleby with a rating of Outperform and set a new price target of $163.00
3 - MIDDLEBY Corp (0000769520) (Issuer)
4 - MIDDLEBY Corp (0000769520) (Issuer)
4 - MIDDLEBY Corp (0000769520) (Issuer)
The Middleby Corporation (NASDAQ:MIDD), a global leader in the foodservice industry, today announced the appointment of Christopher Hix to its Board of Directors, effective February 1. With the addition of Mr. Hix, the Middleby Board expands to eleven members. "We are pleased to welcome Chris to the Middleby Board," said Tim FitzGerald, Middleby CEO. "His deep financial experience across multiple industries and proven track record of driving shareholder value through corporate transformations make him an ideal addition, particularly as we transform into a leading, pure-play commercial foodservice equipment company. His expertise will be particularly valuable to the Company as we focus on
The Middleby Corporation (NASDAQ:MIDD), a global leader in foodservice equipment and technology, today announced the appointment of Rebecca Ellin as Senior Vice President, Investor Strategy and Corporate Development. This newly created role reflects Middleby's strategic focus on accelerating growth and enhancing stakeholder engagement as the Company executes its transformation initiatives, including the planned Food Processing segment spinoff. Rebecca will report directly to Tim FitzGerald, Chief Executive Officer, and collaborate closely with Middleby's executive leadership team to drive investor engagement while participating in the development of the Company's long-term growth strategy
Michael Casamento to return home to Australia to be closer to his family on a full-time basis; Will leave the Company as a result, remaining in an advisory role until June 30, 2026 to support transition Company reaffirms Fiscal 2026 and first quarter Fiscal 2026 outlook ZURICH, Oct. 9, 2025 /PRNewswire/ -- Amcor (NYSE:AMCR, ASX: AMC)), a global leader in consumer packaging and dispensing solutions for Nutrition, Health, Beauty and Wellness, announced the appointment of Stephen R. Scherger as Executive Vice President and Chief Financial Officer, effective Nov. 10, 2025. Mr. Scherger succeeds Michael Casamento, who after ten years as Amcor's Chief Financial Officer has decided to return home t
SC 13G/A - MIDDLEBY Corp (0000769520) (Subject)
SC 13G/A - MIDDLEBY Corp (0000769520) (Subject)
SC 13G/A - MIDDLEBY Corp (0000769520) (Subject)
Q4 & FY 2025 Results Exceeded High End of Guidance Range for Revenue, Adj. EBITDA and Adj. EPS Initiates 2026 Organic Growth Guidance of +1-3% in Commercial Foodservice and +4-6% in Food Processing Repurchased 4.9 Million Shares (9.1% of Equity) in 2025 and 1.7 Million Shares (3.5% of Equity) YTD 2026 FOURTH QUARTER CONTINUING OPERATIONS HIGHLIGHTS All results reflect Residential Kitchen as discontinued operations unless otherwise stated Net Sales of $866 million increased 5% over prior year; marginally positive on organic basis Record Q4 Food Processing orders increased 66% organically and year-end backlog up 36% Operating income of $150 million, as compared to $182 milli
The Middleby Corporation (NASDAQ:MIDD) will release 2025 fourth quarter earnings on Thursday, February 26 at 7 a.m. Eastern Time. The company has scheduled a conference call to discuss the results at 10 a.m. Eastern Time on February 26. The call is accessible through the Investor Relations section of the company website at www.middleby.com. If website access is not available, attendees can join the conference via the domestic dial-in 1-844-676-5090. International participants can access the conference by dialing 1-412-634-6754. About The Middleby Corporation The Middleby Corporation is a global leader in the foodservice industry. The company develops and manufactures a broad line of sol
Transforms Middleby into a Pure-Play Leader in Commercial Foodservice Equipment Following the Announced Spin-off of Food Processing Approximately $540 million of Cash Proceeds Available to Repurchase Shares and Optimize Capital Structure Ahead of Food Processing Spin-off Transaction is the Culmination of Middleby Board of Directors' Strategic Review of Business Portfolio in Order to Maximize Shareholder Value Conference Call and Webcast to Discuss Announcement at 8:30 a.m. Eastern Time Today The Middleby Corporation ("Middleby") (NASDAQ:MIDD) today announced entry into a definitive agreement under which it will sell a 51% stake in its Residential Kitchen business to affiliates of 26Nort