Twin Capital Management Inc. Takes $772,000 Position in Ingram Micro Holding Corporation $INGM

Twin Capital Management Inc. acquired a new stake in Ingram Micro Holding Corporation (NYSE:INGM) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 36,180 shares of the company’s stock, valued at approximately $772,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. American Century Companies Inc. boosted its holdings 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 worth $62,637,000 after buying an additional 54,971 shares during the period. Crossingbridge Advisors LLC boosted its holdings in shares of Ingram Micro by 600.0% during the 3rd quarter. Crossingbridge Advisors LLC now owns 70,000 shares of the company’s stock worth $1,504,000 after buying an additional 60,000 shares during the period. Invenomic Capital Management LP boosted its holdings in shares of Ingram Micro by 58.2% during the 3rd quarter. Invenomic Capital Management LP now owns 929,332 shares of the company’s stock worth $19,971,000 after buying an additional 341,895 shares during the period. Hussman Strategic Advisors Inc. bought a new stake in shares of Ingram Micro during the 4th quarter worth about $896,000. Finally, Comerica Bank boosted its holdings in shares of Ingram Micro by 1,566.3% during the 4th quarter. Comerica Bank now owns 63,286 shares of the company’s stock worth $1,351,000 after buying an additional 59,488 shares during the period.

Ingram Micro Price Performance

Ingram Micro stock opened at $25.74 on Friday. The firm has a market cap of $5.96 billion, a PE ratio of 17.04, a price-to-earnings-growth ratio of 0.76 and a beta of 2.00. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.31 and a quick ratio of 0.93. The stock’s fifty day moving average price is $25.97 and its two-hundred day moving average price is $23.13. Ingram Micro Holding Corporation has a one year low of $18.09 and a one year high of $31.38.

Ingram Micro (NYSE:INGM) last released its earnings results on Thursday, April 30th. The company reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.05. The firm had revenue of $13.96 billion during the quarter, compared to the consensus estimate of $12.76 billion. Ingram Micro had a return on equity of 17.19% and a net margin of 0.66%.Ingram Micro’s revenue was up 13.7% on a year-over-year basis. Ingram Micro has set its Q2 2026 guidance at 0.680-0.780 EPS. As a group, research analysts expect that Ingram Micro Holding Corporation will post 3.25 EPS for the current fiscal year.

Ingram Micro announced that its Board of Directors has authorized a share buyback program on Monday, March 2nd that permits the company to buyback $100.00 million in shares. This buyback authorization permits the company to reacquire up to 2% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its stock is undervalued.

Ingram Micro Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 12th will be given a dividend of $0.084 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Tuesday, May 12th. This is a positive change from Ingram Micro’s previous quarterly dividend of $0.08. Ingram Micro’s dividend payout ratio is currently 22.52%.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Wall Street Zen downgraded shares of Ingram Micro from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. William Blair reaffirmed an “outperform” rating on shares of Ingram Micro in a report on Tuesday, March 3rd. Truist Financial lifted their target price on shares of Ingram Micro from $25.00 to $29.00 and gave the stock a “hold” rating in a report on Tuesday, May 5th. JPMorgan Chase & Co. lifted their target price on shares of Ingram Micro from $24.00 to $26.00 and gave the stock an “underweight” rating in a report on Monday, May 4th. Finally, Royal Bank Of Canada lifted their target price on shares of Ingram Micro from $24.00 to $33.00 and gave the stock an “outperform” rating in a report on Tuesday, April 21st. Three equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $28.71.

Ingram Micro 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.