The Middleby Corporation (MIDD) reported second-quarter 2026 net sales of $875.5 million, up 9.9% from the prior-year period. GAAP net earnings were $54.8 million, with basic and diluted earnings per share of $1.21.
The company said results exceeded the high end of its guidance range for revenue and adjusted EBITDA, raised full-year 2026 guidance, and completed the Food Processing spin on July 6, 2026.
- Net sales were $875.5 million, compared with $796.8 million a year earlier.
- Net earnings from continuing operations were $54.2 million, compared with $101.7 million in the prior year.
- Diluted GAAP EPS from continuing operations was $1.20, compared with $1.91 a year earlier.
- Commercial Foodservice net sales were $630.6 million, with organic sales growth of 8.3%.
- Middleby repurchased 1.4 million shares in Q2 2026 and 3.8 million shares year to date.
- For full-year 2026 post-spin guidance, the company expects net sales of $2.48 billion to $2.53 billion.
$MIDD Hedge Fund Activity
We have seen 192 institutional investors add shares of $MIDD stock to their portfolio, and 204 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SELECT EQUITY GROUP, L.P. removed 1,527,822 shares (-50.5%) from their portfolio in Q1 2026, for an estimated $202,558,640
- VICTORY CAPITAL MANAGEMENT INC removed 1,330,032 shares (-99.5%) from their portfolio in Q2 2026, for an estimated $228,778,804
- PRICE T ROWE ASSOCIATES INC /MD/ added 642,152 shares (+11.1%) to their portfolio in Q1 2026, for an estimated $85,136,512
- CLARKSTON CAPITAL PARTNERS, LLC removed 499,293 shares (-63.3%) from their portfolio in Q1 2026, for an estimated $66,196,265
- DIMENSIONAL FUND ADVISORS LP removed 376,261 shares (-25.3%) from their portfolio in Q1 2026, for an estimated $49,884,683
- BLACKROCK, INC. removed 321,998 shares (-7.6%) from their portfolio in Q2 2026, for an estimated $55,386,875
- UBS GROUP AG added 194,562 shares (+88.9%) to their portfolio in Q1 2026, for an estimated $25,795,029
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$MIDD Congressional Stock Trading
Members of Congress have traded $MIDD stock 7 times in the past 6 months. Of those trades, 0 have been purchases and 7 have been sales.
Here’s a breakdown of recent trading of $MIDD stock by members of Congress over the last 6 months:
- REPRESENTATIVE APRIL MCCLAIN DELANEY has traded it 7 times. They made 0 purchases and 7 sales worth up to $105,000 on 06/15, 06/12, 05/07, 05/01, 02/18, 02/17, 02/11.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
