Ingram Micro Holding Corporation (NYSE:INGM) Receives Consensus Rating of “Hold” from Analysts

Shares of Ingram Micro Holding Corporation (NYSE:INGM) have earned an average recommendation of “Hold” from the nine research firms that are covering the company, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $30.2857.

A number of equities research analysts recently issued reports on INGM shares. Truist Financial boosted their target price on shares of Ingram Micro from $25.00 to $29.00 and gave the company a “hold” rating in a report on Tuesday, May 5th. Evercore set a $26.00 price target on shares of Ingram Micro in a report on Monday, April 20th. Weiss Ratings raised shares of Ingram Micro from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Wall Street Zen downgraded Ingram Micro from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Finally, Morgan Stanley lifted their target price on Ingram Micro from $27.50 to $33.00 and gave the company an “equal weight” rating in a report on Tuesday, June 23rd.

Ingram Micro Trading Up 0.3%

Shares of NYSE:INGM traded up $0.08 during midday trading on Friday, reaching $29.12. The company’s stock had a trading volume of 705,488 shares, compared to its average volume of 1,546,528. The firm has a market cap of $6.74 billion, a price-to-earnings ratio of 19.28, a price-to-earnings-growth ratio of 0.85 and a beta of 1.78. The business has a 50 day moving average price of $27.80 and a 200 day moving average price of $24.81. Ingram Micro has a 1 year low of $18.09 and a 1 year high of $31.69. The company has a quick ratio of 0.93, a current ratio of 1.31 and a debt-to-equity ratio of 0.61.

Ingram Micro (NYSE:INGM) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.70 by $0.05. The company had revenue of $13.96 billion during the quarter, compared to analysts’ expectations of $12.76 billion. Ingram Micro had a return on equity of 17.19% and a net margin of 0.66%.The business’s revenue for the quarter was up 13.7% compared to the same quarter last year. Ingram Micro has set its Q2 2026 guidance at 0.680-0.780 EPS. Research analysts forecast that Ingram Micro will post 3.28 EPS for the current year.

Ingram Micro Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 12th were issued a dividend of $0.084 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Tuesday, May 12th. This is an increase from Ingram Micro’s previous quarterly dividend of $0.08. Ingram Micro’s dividend payout ratio (DPR) is presently 22.52%.

Insider Activity at Ingram Micro

In other Ingram Micro news, major shareholder Platinum Equity, Llc sold 5,167,069 shares of Ingram Micro stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $29.03, for a total transaction of $150,000,013.07. Following the transaction, the insider directly owned 177,466,319 shares of the company’s stock, valued at $5,151,847,240.57. The trade was a 2.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Augusto Aragone sold 50,000 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $29.30, for a total transaction of $1,465,000.00. Following the sale, the vice president owned 150,465 shares of the company’s stock, valued at approximately $4,408,624.50. This represents a 24.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 5,227,069 shares of company stock worth $151,765,013 in the last 90 days. 0.95% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Ingram Micro

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada lifted its position in shares of Ingram Micro by 252.2% during the first quarter. Royal Bank of Canada now owns 1,472 shares of the company’s stock worth $34,000 after purchasing an additional 1,054 shares in the last quarter. Comerica Bank grew its holdings in Ingram Micro by 2,844.2% during the 3rd quarter. Comerica Bank now owns 3,798 shares of the company’s stock valued at $82,000 after purchasing an additional 3,669 shares in the last quarter. CWM LLC increased its stake in Ingram Micro by 20.5% during the 4th quarter. CWM LLC now owns 4,144 shares of the company’s stock worth $88,000 after buying an additional 705 shares during the period. Wells Fargo & Company MN lifted its holdings in Ingram Micro by 33.2% in the 4th quarter. Wells Fargo & Company MN now owns 4,136 shares of the company’s stock worth $88,000 after buying an additional 1,031 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new position in Ingram Micro in the 4th quarter valued at about $94,000.

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.