Middleby Corporation (MIDD)

Over the past six months, The Middleby Corporation's stock price has decreased. Key events impacting the stock include the Q3 2025 earnings release, analyst ratings, institutional investor activity, acquisitions of Oka-Spezialmaschinenfabrik GmbH & Co. KG and Frigomeccanica S.p.A., the launch of its B2B lead generation and quoting platform, and the spin-off announcement of its Food Processing Business into a standalone company.

Demand for commercial kitchen equipment exhibits seasonal patterns, with a peak in consumer interest during the summer months. The hospitality sector's busiest times drive demand for equipment. Supply chain disruptions can lead to equipment shortages.

The Middleby Corporation is a global leader in the design, manufacture, marketing, distribution, and servicing of commercial restaurant, food processing, and residential kitchen equipment, operating within the Industrials sector. The company's business is structured into three primary segments: Commercial Foodservice Equipment Group, Food Processing Equipment Group, and Residential Kitchen Equipment Group. The Commercial Foodservice Equipment Group offers a wide array of products and serves a diverse customer base. The Food Processing Equipment Group manufactures preparation, cooking, baking, packaging, and food safety equipment. The Residential Kitchen Equipment Group offers premium kitchen appliances for home use.

The Middleby Corporation operates in over 150 countries and has a global footprint. The company distributes and markets its products through a network of independent dealers, sales representatives, distributors, consultants, and agents, as well as directly to customers. Middleby has operations across the Americas, Europe, Asia, the Middle East, and the Asia-Pacific region. Its international locations include the UK, US, Mexico, Spain, Brazil, India, China, UAE, Philippines, and Australia. The company's headquarters are located in Elgin, Illinois, U.S.

Middleby's brands are well-known in the industry and are used and endorsed by top chefs worldwide. The company has received top industry and customer awards for its patented cooking innovations. Events that have affected its reputation include the strategic spin-off, Q3 2025 earnings, and acquisitions.

The Middleby Corporation has a high level of institutional ownership. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and Select Equity Group, L.P. Edward P. Garden is the largest individual Middleby shareholder.