Company The Middleby Corporation

Equities

MIDD

US5962781010

Industrial Machinery & Equipment

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for The Middleby Corporation

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Industrial Machinery & Equipment

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
144.7 ^USD	-0.46%		+1.24%	-1.69%

Mar. 18	Seaport Adjusts Price Target on Middleby to $184 From $175, Maintains Buy Rating	MT
Feb. 21	Canaccord Genuity Adjusts Price Target on Middleby to $166 From $164, Maintains Buy Rating	MT

The Middleby Corporation is an engaged in designing, manufacturing and selling of commercial foodservice, food processing equipment and residential kitchen equipment. The company operates through three segments. Commercial Foodservice Equipment Group has a portfolio of foodservice equipment, which enables it to serve virtually any cooking, warming, holding, refrigeration, freezing and beverage application within a commercial kitchen or foodservice operation. Food Processing Equipment Group offers a portfolio of processing solutions for customers producing protein products, such as bacon, salami, hot dogs, dinner sausages, poultry and lunchmeats and bakery products, such as muffins, cookies, crackers, pastries, bread and buns. Residential Kitchen Equipment Group manufactures, sells and distributes kitchen equipment for the residential market. Principal product lines of this group are ranges, cookers, stoves, cooktops, microwaves, refrigerators, refrigeration, wine cellars and others.

Number of employees: 10,722

USD in Million	2022	Weight	2023	Weight	Delta
Commercial Foodservice 62.5 %	2,410	59.8 %	2,521	62.5 %	+4.61%
Residential Kitchen 19.7 %	1,048	26.0 %	795	19.7 %	-24.20%
Food Processing 17.9 %	574	14.2 %	721	17.9 %	+25.44%

USD in Million	2022	Weight	2023	Weight	Delta
United States and Canada 69.9 %	2,879	71.4 %	2,821	69.9 %	-2.01%
Europe and Middle East 19.2 %	768	19.0 %	773	19.2 %	+0.67%
Asia 7.1 %	265	6.6 %	286	7.1 %	+8.03%
Latin America 3.9 %	121	3.0 %	156	3.9 %	+29.20%

Managers	Title	Age	Since
Timothy Fitzgerald CEO	Chief Executive Officer	53	98-10-31
Bryan Mittelman DFI	Director of Finance/CFO	53	18-07-15
James Pool COO	Chief Operating Officer	52	07-12-31
Darcy Bretz IRO	Public Communications Contact	-	02-12-31
John Joyner IRC	Investor Relations Contact	-	23-09-30
Matthew Fuchsen PRN	Corporate Officer/Principal	53	10-12-31
Brittany Cerwin AUD	Comptroller/Controller/Auditor	40	10-12-31
Steven Spittle PRN	Corporate Officer/Principal	43	21-02-17

Members of the board	Title	Age	Since
Timothy Fitzgerald CEO	Chief Executive Officer	53	98-10-31
Sarah Chapin BRD	Director/Board Member	62	13-11-06
John Miller BRD	Director/Board Member	83	77-12-31
Gordon O'Brien CHM	Chairman	58	00-12-31
Cathy McCarthy BRD	Director/Board Member	76	15-11-08
Stephen Scherger BRD	Director/Board Member	59	Jan. 11
Nassem Ziyad BRD	Director/Board Member	58	16-12-31
Tejas Shah BRD	Director/Board Member	44	Jan. 11
Robert Nerbonne BRD	Director/Board Member	66	19-08-05

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	64,102,377	53,119,720 ( 82.87 %)	10,338,922 ( 16.13 %)	82.87 %

Name	Equities	%	Valuation
Select Equity Group LP 10.29 %	5,515,084	10.29 %	887 M $
Vanguard Fiduciary Trust Co. 9.510 %	5,097,488	9.510 %	820 M $
Select Equity Group LP 9.242 %	4,953,982	9.242 %	797 M $
BlackRock Advisors LLC 8.024 %	4,301,110	8.024 %	692 M $
Wellington Management Co. LLP 7.402 %	3,967,460	7.402 %	638 M $
JPMorgan Investment Management, Inc. 5.935 %	3,181,457	5.935 %	512 M $
Victory Capital Management, Inc. (Investment Management) 5.154 %	2,762,555	5.154 %	444 M $
Edgepoint Investment Group, Inc. 3.690 %	1,978,011	3.690 %	318 M $
Nordea Investment Management AB (Denmark) 3.165 %	1,696,476	3.165 %	273 M $
Turtle Creek Asset Management, Inc. 3.010 %	1,613,645	3.010 %	259 M $

The Middleby Corp.

1400 Toastmaster Drive

60120, Elgin

+847 741 3300

http://www.middleby.com

Name	Category and Sector
Middleby Celfrost Innovations Pvt Ltd. Middleby Celfrost Innovations Pvt Ltd. Industrial MachineryProducer Manufacturing Part of The Middleby Corp., Middleby Celfrost Innovations Pvt Ltd. is an Indian company that manufactures and supplies food preparation equipment. The private company is based in Gurgaon, India. The company was founded in 2013. Middleby Celfrost Innovations was acquired by Middleby Commercial Food Innovations Pvt Ltd. on October 15, 2013 for $12.30 million.	Industrial Machinery
Middleby India Engineering Pvt Ltd. Middleby India Engineering Pvt Ltd. Industrial MachineryProducer Manufacturing Part of The Middleby Corp., Middleby India Engineering Pvt Ltd. is an Indian company that manufactures food processing equipment. The private company is based in Bangalore, India.	Industrial Machinery
Middleby Sweden Holdings AB

Trading Rating

Investor Rating

ESG Refinitiv

B+

More Ratings

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

144.7 USD

Average target price

168 USD

Spread / Average Target

+16.11%

Consensus

Estimates Revisions

Company calendar

Industrials

Industrial Goods

Machinery, Equipment & Components

Industrial Machinery & Equipment

Other Industrial Machinery & Equipment

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