Ingram Micro Holding Corporation (NYSE:INGM) Receives $24.44 Consensus Price Target from Analysts

Shares of Ingram Micro Holding Corporation (NYSE:INGM) have received an average rating of “Hold” from the eleven ratings firms that are covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $24.4444.

Several research firms have issued reports on INGM. JPMorgan Chase & Co. restated an “underweight” rating and issued a $24.00 price target on shares of Ingram Micro in a research report on Monday, December 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of Ingram Micro in a research note on Monday, December 29th. Morgan Stanley lowered their price target on Ingram Micro from $23.00 to $21.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 17th. The Goldman Sachs Group cut Ingram Micro from a “strong-buy” rating to a “neutral” rating and set a $24.00 price target for the company. in a report on Tuesday, January 13th. Finally, Wall Street Zen downgraded Ingram Micro from a “buy” rating to a “hold” rating in a research report on Monday, January 19th.

Ingram Micro Stock Performance

Shares of NYSE INGM opened at $21.04 on Friday. Ingram Micro has a 12 month low of $14.25 and a 12 month high of $24.81. The company has a quick ratio of 0.95, a current ratio of 1.41 and a debt-to-equity ratio of 0.75. The company has a market cap of $4.95 billion, a P/E ratio of 17.11, a P/E/G ratio of 0.76 and a beta of 2.32. The business’s 50 day moving average is $21.49 and its two-hundred day moving average is $21.01.

Ingram Micro (NYSE:INGM) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.05. Ingram Micro had a net margin of 0.57% and a return on equity of 17.03%. The business had revenue of $12.60 billion for the quarter, compared to the consensus estimate of $12.21 billion. Ingram Micro has set its Q4 2025 guidance at 0.850-0.950 EPS. On average, equities analysts expect that Ingram Micro will post 2.71 EPS for the current year.

Ingram Micro Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 24th. Shareholders of record on Monday, November 10th were paid a dividend of $0.08 per share. This is an increase from Ingram Micro’s previous quarterly dividend of $0.08. This represents a $0.32 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Monday, November 10th. Ingram Micro’s dividend payout ratio is presently 26.02%.

Hedge Funds Weigh In On Ingram Micro

Hedge funds and other institutional investors have recently made changes to their positions in the business. American Century Companies Inc. boosted its position in shares of Ingram Micro by 1.9% during the 3rd quarter. American Century Companies Inc. now owns 2,914,724 shares of the company’s stock valued at $62,637,000 after acquiring an additional 54,971 shares in the last quarter. Lind Value II ApS lifted its stake in Ingram Micro by 83.3% during the third quarter. Lind Value II ApS now owns 2,198,567 shares of the company’s stock worth $47,247,000 after purchasing an additional 999,172 shares during the period. Wellington Management Group LLP boosted its holdings in Ingram Micro by 17.3% during the third quarter. Wellington Management Group LLP now owns 2,106,326 shares of the company’s stock valued at $45,265,000 after purchasing an additional 310,058 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Ingram Micro by 28.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,323,583 shares of the company’s stock valued at $28,444,000 after purchasing an additional 293,562 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its holdings in shares of Ingram Micro by 1.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,030,570 shares of the company’s stock worth $22,827,000 after buying an additional 17,727 shares in the last quarter.

Ingram Micro Company Profile

Ingram Micro, headquartered in Irvine, California, is a global technology distributor and supply chain services provider. Listed on the New York Stock Exchange under the ticker INGM, the company connects leading technology manufacturers, cloud providers and channel partners through an integrated portfolio of products and services. Ingram Micro’s end-to-end solutions span product distribution, cloud enablement, e-commerce, logistics and lifecycle management, enabling customers of all sizes to bring new technology to market efficiently.

The company’s offerings are organized across several core areas.