• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G filed by Middleby Corporation

    2/7/24 9:21:37 AM ET
    $MIDD
    Industrial Machinery/Components
    Industrials
    Get the next $MIDD alert in real time by email
    SC 13G 1 middlebycorp13g_123123.htm

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    SCHEDULE 13G

    Under the Securities Exchange Act of 1934
    (Amendment No. )*

    Middleby Corp

    (Name of Issuer)

    Common Stock

    (Title of Class of Securities)

    596278101

    (CUSIP Number)

    December 31, 2023

    (Date of Event which Requires Filing of this Statement)

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
    x  Rule 13d-1(b)
    ¨  Rule 13d-1(c)
    ¨  Rule 13d-1(d)

    * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

    The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     
     

     

             
    CUSIP No. 596278101   13G   Page 2 of 4 Pages
             

     

             
    1.  

    NAMES OF REPORTING PERSONS
    I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
    Victory Capital Management Inc.

    13-2700161

       
    2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (see instructions)
    (a)    ¨
    (b)    ¨
       
    3.   SEC USE ONLY
     
       
    4.   CITIZENSHIP OR PLACE OF ORGANIZATION
     
    New York
       

     

             
    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH   5.   SOLE VOTING POWER
     
    2,710,583
      6.   SHARED VOTING POWER
     
    0
      7.   SOLE DISPOSITIVE POWER
     
    2,762,555
      8.   SHARED DISPOSITIVE POWER
     
    0

     

             
    9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    2,762,555
       
    10.   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
    (see instructions)    ¨
       
    11.  

    PERCENT OF CLASS REPRSENTED BY AMOUNT IN ROW (9)

     

    5.15%

       
    12.   TYPE OF REPORTING PERSON (see instructions)

    IA
       
             
     
     

     

             
    CUSIP No. 596278101   13G   Page 3 of 4 Pages
             

    Item 1.

      (a)

    Name of Issuer

    Middleby Corp
      (b)

    Address of Issuer’s Principal Executive Offices

    1400 Toastmaster Drive Elgin, IL 60120

         

    Item 2.

      (a) Name of Persons Filing
      Victory Capital Management Inc.
         
      (b)

    Address of the Principal Office or, if none, residence
    4900 Tiedeman Rd. 4th Floor

    Brooklyn, OH 44144

         
      (c) Citizenship
      New York
         
      (d) Title of Class of Securities
      Common Stock
         
      (e) CUSIP Number
      596278101
         
         

    Item 3.  If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

      (a) ¨ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
           
      (b) ¨ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
           
      (c) ¨ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
           
      (d) ¨ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
           
      (e) x An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
           
      (f) ¨ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
           
      (g) ¨ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
           
      (h) ¨ A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
           
      (i) ¨ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
           
      (j) ¨ Group, in accordance with §240.13d-1(b)(1)(ii)(J).
     
     

    Item 4.  Ownership.

    Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

             
      (a)   Amount beneficially owned:  2,762,555
             
      (b)   Percent of class:  5.15%
             
      (c)   Number of shares as to which the person has:  
             
          (i) Sole power to vote or to direct the vote:  2,710,583
             
          (ii) Shared power to vote or to direct the vote:  0
             
          (iii) Sole power to dispose or to direct the disposition of: 2,762,555
             
          (iv) Shared power to dispose or to direct the disposition of:  0
               

     

    Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).

    Item 5.  Ownership of Five Percent or Less of a Class.

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ¨.

     

    Item 6.  Ownership of More than Five Percent on Behalf of Another Person.

    The clients of Victory Capital Management Inc., including investment companies registered under the Investment Company Act of 1940 and separately managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the class of securities reported herein of Middleby Corp. No client has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, more than 5% of such class.

     

    Item 7.  Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

    Not applicable.

    Item 8.  Identification and Classification of Members of the Group.

     Not applicable.

    Item 9.  Notice of Dissolution of Group.

     Not applicable.

             

     

     
     

     

             
    CUSIP No. 596278101   13G   Page 4 of 4 Pages
             

    Item 10.  Certification.

    (a)   The following certification shall be included if the statement is filed pursuant to §240.13d-1(b):
             
          By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.  
             

     

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     

     

    2/7/2024

    Date

     

    /s/ Barry Garrett

     

    Barry Garrett/Chief Compliance Officer

     

     

     

    Get the next $MIDD alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $MIDD

    DatePrice TargetRatingAnalyst
    12/12/2024$170.00 → $160.00Buy → Hold
    Jefferies
    6/28/2024Mkt Perform
    Raymond James
    5/22/2024$145.00 → $118.00Neutral → Underweight
    JP Morgan
    11/17/2022$171.00Buy
    Canaccord Genuity
    8/26/2022$190.00Buy
    The Benchmark Company
    2/23/2022$194.00 → $198.00Neutral
    JP Morgan
    1/25/2022$210.00 → $220.00Overweight
    Keybanc
    1/13/2022$215.00 → $217.00Overweight
    Barclays
    More analyst ratings

    $MIDD
    Financials

    Live finance-specific insights

    See more
    • The Middleby Corporation Reports First Quarter Results and Board of Directors Increases Share Buyback Authorization to 21% of Equity

      Prioritization of Free Cash Flow to Accelerate Share Repurchases Increase of Shares Available for Buyback to 11.4 million shares, an increase of 7.5 million shares Operating income of $141 million as compared to $137 million in prior year Adjusted EBITDA of $182 million as compared to $186 million in prior year Operating cash flows of $141 million in current and prior year Net leverage at 2.0x The Middleby Corporation (NASDAQ:MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today reported net earnings for the first quarter of 2025. Middleby further announced an acceleration to its share rep

      5/7/25 7:00:00 AM ET
      $MIDD
      Industrial Machinery/Components
      Industrials
    • Middleby Schedules First Quarter Earnings Release and Conference Call

      The Middleby Corporation (NASDAQ:MIDD) will release 2025 first quarter earnings on Wednesday, May 7 at 7 a.m. Eastern Time. The company has scheduled a conference call to discuss the results at 11 a.m. Eastern Time on May 7. 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 access the conference by dialing 1-844-676-5090 for domestic participants or 1-412-634-6754 for international access. Please note the dial in numbers have been updated from previous conference calls. ABOUT THE MIDDLEBY CORPORATION The Middleby Corporation is a global leader in the foodservice industry. The company

      4/29/25 8:00:00 AM ET
      $MIDD
      Industrial Machinery/Components
      Industrials
    • Middleby Announces Intent to Separate Food Processing Business into a Standalone Public Company, Creating Independent Innovative Leaders in the Kitchen Equipment and Food Processing Industries

      Food Processing to be a Fast-Growing and Nimble Standalone Business with Best-in-Class Technologies for Industrial Protein, Bakery, and Snack Processors Middleby RemainCo Well-Positioned to Drive Sustainable Growth and Margin Expansion Through Innovation Leadership and Differentiated Go-To-Market Capabilities in Commercial Foodservice and Residential Kitchens Separation of Food Processing Expected to be Achieved Through Tax-Free Spin-Off and be Completed Early 2026 Company Separately Announces Q4 and Full-Year 2024 Financial Results and Appointment of Independent Directors to its Board The Middleby Corporation (NASDAQ:MIDD), a leading worldwide manufacturer of equipment for commerci

      2/25/25 7:01:00 AM ET
      $MIDD
      Industrial Machinery/Components
      Industrials

    $MIDD
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Garden Edward P bought $20,279,599 worth of shares (137,000 units at $148.03) (SEC Form 4)

      4 - MIDDLEBY Corp (0000769520) (Issuer)

      5/22/25 4:30:11 PM ET
      $MIDD
      Industrial Machinery/Components
      Industrials
    • Director Garden Edward P bought $7,665,034 worth of shares (51,571 units at $148.63) (SEC Form 4)

      4 - MIDDLEBY Corp (0000769520) (Issuer)

      5/16/25 9:54:32 PM ET
      $MIDD
      Industrial Machinery/Components
      Industrials
    • Director Scherger Stephen R. bought $293,400 worth of shares (2,000 units at $146.70), increasing direct ownership by 89% to 4,248 units (SEC Form 4)

      4 - MIDDLEBY Corp (0000769520) (Issuer)

      5/14/25 4:07:17 PM ET
      $MIDD
      Industrial Machinery/Components
      Industrials

    $MIDD
    SEC Filings

    See more
    • SEC Form 8-K filed by Middleby Corporation

      8-K - MIDDLEBY Corp (0000769520) (Filer)

      5/16/25 4:06:57 PM ET
      $MIDD
      Industrial Machinery/Components
      Industrials
    • Amendment: SEC Form SCHEDULE 13G/A filed by Middleby Corporation

      SCHEDULE 13G/A - MIDDLEBY Corp (0000769520) (Subject)

      5/15/25 6:26:04 PM ET
      $MIDD
      Industrial Machinery/Components
      Industrials
    • SEC Form SCHEDULE 13G filed by Middleby Corporation

      SCHEDULE 13G - MIDDLEBY Corp (0000769520) (Subject)

      5/14/25 10:45:26 AM ET
      $MIDD
      Industrial Machinery/Components
      Industrials

    $MIDD
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • The Middleby Corporation Reports First Quarter Results and Board of Directors Increases Share Buyback Authorization to 21% of Equity

      Prioritization of Free Cash Flow to Accelerate Share Repurchases Increase of Shares Available for Buyback to 11.4 million shares, an increase of 7.5 million shares Operating income of $141 million as compared to $137 million in prior year Adjusted EBITDA of $182 million as compared to $186 million in prior year Operating cash flows of $141 million in current and prior year Net leverage at 2.0x The Middleby Corporation (NASDAQ:MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today reported net earnings for the first quarter of 2025. Middleby further announced an acceleration to its share rep

      5/7/25 7:00:00 AM ET
      $MIDD
      Industrial Machinery/Components
      Industrials
    • Middleby Schedules First Quarter Earnings Release and Conference Call

      The Middleby Corporation (NASDAQ:MIDD) will release 2025 first quarter earnings on Wednesday, May 7 at 7 a.m. Eastern Time. The company has scheduled a conference call to discuss the results at 11 a.m. Eastern Time on May 7. 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 access the conference by dialing 1-844-676-5090 for domestic participants or 1-412-634-6754 for international access. Please note the dial in numbers have been updated from previous conference calls. ABOUT THE MIDDLEBY CORPORATION The Middleby Corporation is a global leader in the foodservice industry. The company

      4/29/25 8:00:00 AM ET
      $MIDD
      Industrial Machinery/Components
      Industrials
    • Middleby Announces Intent to Separate Food Processing Business into a Standalone Public Company, Creating Independent Innovative Leaders in the Kitchen Equipment and Food Processing Industries

      Food Processing to be a Fast-Growing and Nimble Standalone Business with Best-in-Class Technologies for Industrial Protein, Bakery, and Snack Processors Middleby RemainCo Well-Positioned to Drive Sustainable Growth and Margin Expansion Through Innovation Leadership and Differentiated Go-To-Market Capabilities in Commercial Foodservice and Residential Kitchens Separation of Food Processing Expected to be Achieved Through Tax-Free Spin-Off and be Completed Early 2026 Company Separately Announces Q4 and Full-Year 2024 Financial Results and Appointment of Independent Directors to its Board The Middleby Corporation (NASDAQ:MIDD), a leading worldwide manufacturer of equipment for commerci

      2/25/25 7:01:00 AM ET
      $MIDD
      Industrial Machinery/Components
      Industrials

    $MIDD
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Garden Edward P bought $20,279,599 worth of shares (137,000 units at $148.03) (SEC Form 4)

      4 - MIDDLEBY Corp (0000769520) (Issuer)

      5/22/25 4:30:11 PM ET
      $MIDD
      Industrial Machinery/Components
      Industrials
    • Director Garden Edward P bought $7,665,034 worth of shares (51,571 units at $148.63) (SEC Form 4)

      4 - MIDDLEBY Corp (0000769520) (Issuer)

      5/16/25 9:54:32 PM ET
      $MIDD
      Industrial Machinery/Components
      Industrials
    • Chief Accounting Officer Cerwin Brittany C was granted 2,863 shares, increasing direct ownership by 15% to 21,353 units (SEC Form 4)

      4 - MIDDLEBY Corp (0000769520) (Issuer)

      5/15/25 5:32:10 PM ET
      $MIDD
      Industrial Machinery/Components
      Industrials

    $MIDD
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Middleby Corporation

      SC 13G/A - MIDDLEBY Corp (0000769520) (Subject)

      11/14/24 4:26:26 PM ET
      $MIDD
      Industrial Machinery/Components
      Industrials
    • SEC Form SC 13G/A filed by Middleby Corporation (Amendment)

      SC 13G/A - MIDDLEBY Corp (0000769520) (Subject)

      4/10/24 4:15:10 PM ET
      $MIDD
      Industrial Machinery/Components
      Industrials
    • SEC Form SC 13G/A filed by Middleby Corporation (Amendment)

      SC 13G/A - MIDDLEBY Corp (0000769520) (Subject)

      2/14/24 4:13:47 PM ET
      $MIDD
      Industrial Machinery/Components
      Industrials

    $MIDD
    Leadership Updates

    Live Leadership Updates

    See more
    • Middleby Appoints Ed Garden and Julie Bowerman to its Board of Directors

      The Middleby Corporation (NASDAQ:MIDD), a leading worldwide manufacturer of equipment for commercial foodservice, residential kitchens and food processing industries, today announced the appointment of Julie Bowerman and Ed Garden to its Board of Directors, effective immediately. Ms. Bowerman is an experienced public company director with more than 25 years of success in the food and beverage industry. She currently serves as Chief Marketing Officer of Kellanova Company. Ms. Bowerman previously served as Chief Marketing Officer and E-Commerce Officer of Kellogg Company before Kellanova was created through a 2023 spin-off by Kellogg's. Prior to that, she held senior leadership positions at

      2/25/25 7:01:00 AM ET
      $MIDD
      Industrial Machinery/Components
      Industrials
    • Middleby Appoints Stephen Scherger and Tejas Shah to its Board of Directors

      The Middleby Corporation (NASDAQ:MIDD) today announced the expansion of its Board of Directors with the appointment of Stephen Scherger and Tejas Shah. Mr. Scherger is Chief Financial Officer of Graphic Packaging Holding Company with extensive business expertise in audit, acquisitions, distribution, and capital strategies. Mr. Shah is Global Chief Information Officer of Fluence Energy and brings a deep knowledge of cybersecurity and IoT to the Middleby Board along with proven success in implementing business-to-business and business-to-consumer strategies. "Steve and Tejas bring deep experience to the Middleby Board, expanding our proficiencies in risk management, cybersecurity, innovat

      1/16/24 7:00:00 AM ET
      $MIDD
      Industrial Machinery/Components
      Industrials
    • Middleby Announces Corporate Officer Retirement and Additions

      -Martin Lindsay Retires, Brittany Cerwin and Matthew Fuchsen Named Company Officers- Middleby (NASDAQ:MIDD) announced today the retirement of Chief Risk and Administration Officer Martin M. Lindsay and the appointment of two company officers. Brittany Cerwin was named Chief Accounting Officer and Matthew Fuchsen was named Chief Development Officer of the company. Mr. Lindsay, a senior leader with Middleby for nearly 25 years, will be retiring at the end of July and plans to remain an advisor to the company until the end of 2023. He will begin this transition immediately and step down as a company officer. Joining Middleby in 1999, Mr. Lindsay began his Middleby career at a time when t

      5/16/23 8:00:00 AM ET
      $MIDD
      Industrial Machinery/Components
      Industrials

    $MIDD
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Middleby downgraded by Jefferies with a new price target

      Jefferies downgraded Middleby from Buy to Hold and set a new price target of $160.00 from $170.00 previously

      12/12/24 8:12:15 AM ET
      $MIDD
      Industrial Machinery/Components
      Industrials
    • Raymond James initiated coverage on Middleby

      Raymond James initiated coverage of Middleby with a rating of Mkt Perform

      6/28/24 8:03:57 AM ET
      $MIDD
      Industrial Machinery/Components
      Industrials
    • Middleby downgraded by JP Morgan with a new price target

      JP Morgan downgraded Middleby from Neutral to Underweight and set a new price target of $118.00 from $145.00 previously

      5/22/24 7:32:16 AM ET
      $MIDD
      Industrial Machinery/Components
      Industrials