<div id="readability-page-1"><p>Hunter Perkins Capital Management LLC decreased its stake in shares of  The Middleby Corporation (NASDAQ:MIDD - Free Report) by 18.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities &amp; Exchange Commission. The institutional investor  owned 32,568 shares of the industrial products company's stock after selling 7,284 shares during the period. Hunter Perkins Capital Management LLC owned 0.06% of Middleby worth $4,329,000 at the end of the most recent quarter.</p><ul><li>Insiders Spent Millions on These 3 Stocks Over the Past 2 Months</li></ul><p>Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of  Middleby in the second quarter worth about $19,285,000.  Leith Wheeler Investment Counsel Ltd. increased its holdings in shares of  Middleby by 200.0% in the second quarter. Leith Wheeler Investment Counsel Ltd. now owns 200,409 shares of the industrial products company's stock valued at $28,859,000 after purchasing an additional 133,608 shares in the last quarter.  Franklin Resources Inc. raised its position in  Middleby by 27.0% in the 2nd quarter. Franklin Resources Inc. now owns 621,794 shares of the industrial products company's stock worth $89,538,000 after purchasing an additional 132,191 shares during the last quarter.  Amundi lifted its holdings in  Middleby by 34.9% during the 1st quarter. Amundi now owns 501,718 shares of the industrial products company's stock worth $71,329,000 after buying an additional 129,864 shares in the last quarter.  Finally, Ameriprise Financial Inc. boosted its position in  Middleby by 33.3% in the 1st quarter. Ameriprise Financial Inc. now owns 488,238 shares of the industrial products company's stock valued at $74,202,000 after buying an additional 121,945 shares during the last quarter. Institutional investors and hedge funds own  98.55% of the company's stock. </p><h2>Insider Buying and Selling at Middleby</h2><p>In other news, Director Robert A. Nerbonne purchased 780 shares of the firm's stock in a transaction dated Tuesday, December 9th. The stock was bought at an average price of $128.52 per share, with a total value of $100,245.60. Following the acquisition, the director directly owned 21,471 shares of the company's stock, valued at approximately $2,759,452.92. This represents a 3.77% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 6.18% of the stock is currently owned by corporate insiders. </p><h2>Middleby Stock Performance</h2><p>Shares of MIDD stock opened at $150.73 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 stock has a market cap of $7.59 billion, a PE ratio of -34.26 and a beta of 1.39. The stock has a 50-day moving average of $128.65 and a 200-day moving average of $135.62. The Middleby Corporation has a one year low of $110.82 and a one year high of $182.73. </p><p>Middleby (NASDAQ:MIDD - Get Free Report) last released its quarterly earnings data on Thursday, November 6th. The industrial products company reported $2.37 earnings per share for the quarter, topping the consensus estimate of $2.03 by $0.34. The business had revenue of $982.13 million for the quarter, compared to analyst estimates of $961.21 million. Middleby had a negative net margin of 5.22% and a positive return on equity of 14.66%. Middleby's quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the firm earned $2.33 EPS. Middleby has set its FY 2025 guidance at 8.990-9.140 EPS and its Q4 2025 guidance at 2.190-2.340 EPS.  As a group, sell-side analysts expect that  The Middleby Corporation will post 9.11 earnings per share for the current year. </p><h2>Analysts Set New Price Targets</h2><p>MIDD has been the subject of a number of recent research reports. JPMorgan Chase &amp; Co. upgraded Middleby from an &#34;underweight&#34; rating to a &#34;neutral&#34; rating and dropped their target price for the stock from $140.00 to $125.00 in a research report on Friday, November 7th. Zacks Research raised Middleby from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a report on Monday, October 27th. Weiss Ratings  restated a &#34;sell (d)&#34; rating on shares of Middleby in a research report on Monday. KeyCorp  reiterated an &#34;overweight&#34; rating on shares of Middleby in a research report on Friday, December 5th. Finally, Canaccord Genuity Group increased their price objective on shares of Middleby from $171.00 to $175.00 and gave the company a &#34;buy&#34; rating in a report on Friday, December 5th. Five analysts have rated the stock with a Buy rating, two have assigned  a Hold rating and one  has issued  a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of &#34;Moderate Buy&#34; and an average price target of $161.33.</p><p><b>Read Our Latest Report on MIDD</b></p><h2>About Middleby</h2> (Free Report)<p>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.  </p><p>The company's portfolio spans multiple well-known brands, including Blodgett ovens, TurboChef rapid‐cook ovens, Southbend ranges and broilers, Pitco fryers, and Viking residential and commercial kitchen appliances.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Middleby</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li><li>Forget AI, This Will Be the Next Big Tech Breakthrough</li></ul><p><strong>Want to see what other hedge funds are holding MIDD?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Middleby Corporation (NASDAQ:MIDD - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TUlERA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TUlERA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Middleby Right Now?</h2><p>Before you consider Middleby, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Middleby wasn't on the list.</p><p>While Middleby currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

MIDD

<p>Hunter Perkins Capital Management LLC reduced its stake in The Middleby Corporation by 18.3% in Q3, selling 7,284 shares. Middleby stock opened at $150.73, with a market cap of $7.59 billion. Analysts have adjusted price targets, with JPMorgan downgrading to $125.00 and Canaccord Genuity upgrading to $175.00. Middleby reported Q3 earnings of $2.37 per share, exceeding estimates.</p>

Hunter Perkins Capital Management LLC Sells 7,284 Shares of The Middleby Corporation $MIDD