Ingram Micro Holding Corporation (NYSE:INGM) Plans Quarterly Dividend of $0.09

Ingram Micro Holding Corporation (NYSE:INGMGet Free Report) declared a quarterly dividend on Tuesday, July 28th. Shareholders of record on Tuesday, August 11th will be given a dividend of 0.086 per share on Tuesday, August 25th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date is Tuesday, August 11th. This is a 2.4% increase from Ingram Micro’s previous quarterly dividend of $0.08.

Ingram Micro Stock Performance

Shares of NYSE INGM opened at $28.38 on Friday. The firm’s 50-day moving average price is $28.72 and its 200-day moving average price is $25.87. The company has a quick ratio of 0.88, a current ratio of 1.31 and a debt-to-equity ratio of 0.60. The company has a market cap of $6.55 billion, a PE ratio of 15.51, a PEG ratio of 0.69 and a beta of 1.75. Ingram Micro has a 52-week low of $18.66 and a 52-week high of $31.69.

Ingram Micro (NYSE:INGMGet Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.08. Ingram Micro had a net margin of 0.77% and a return on equity of 18.07%. The firm had revenue of $14.53 billion during the quarter, compared to analysts’ expectations of $13.85 billion. Ingram Micro has set its Q3 2026 guidance at 0.720-0.820 EPS. As a group, analysts anticipate that Ingram Micro will post 3.37 EPS for the current year.

Insider Activity at Ingram Micro

In other news, major shareholder Platinum Equity, Llc sold 5,167,069 shares of Ingram Micro stock in a transaction 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 owned 177,466,319 shares in the company, valued at $5,151,847,240.57. This trade represents a 2.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Augusto Aragone sold 10,000 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $30.00, for a total transaction of $300,000.00. Following the sale, the vice president directly owned 140,465 shares of the company’s stock, valued at approximately $4,213,950. The trade was a 6.65% decrease in their position. 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 have sold 5,227,069 shares of company stock valued at $151,765,013 over the last 90 days. 0.95% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Ingram Micro

Institutional investors have recently bought and sold shares of the stock. Meeder Asset Management Inc. purchased a new position in Ingram Micro during the second quarter valued at $44,000. BlackRock Inc. purchased a new stake in Ingram Micro in the second quarter worth about $35,663,000. Deutsche Bank AG purchased a new stake in Ingram Micro in the second quarter worth about $6,909,000. Bank of New York Mellon Corp bought a new position in shares of Ingram Micro in the second quarter worth about $6,193,000. Finally, GSA Capital Partners LLP purchased a new position in shares of Ingram Micro during the 2nd quarter valued at about $1,397,000.

Ingram Micro Company Profile

(Get Free Report)

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.

Further Reading

Dividend History for Ingram Micro (NYSE:INGM)

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