Ingram Micro (NYSE:INGM) Price Target Raised to $23.00

Ingram Micro (NYSE:INGM) had its price objective hoisted by Morgan Stanley from $21.00 to $23.00 in a research note released on Tuesday,Benzinga reports. Morgan Stanley currently has an equal weight rating on the stock.

Other equities analysts also recently issued research reports about the company. Zacks Research upgraded Ingram Micro from a “strong sell” rating to a “hold” rating in a report on Monday, February 23rd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $24.00 target price on shares of Ingram Micro in a research note on Monday, December 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Ingram Micro in a report on Monday, December 29th. The Goldman Sachs Group cut shares of 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, JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $24.00 price target on shares of Ingram Micro in a research report on Monday, December 15th. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $24.43.

Ingram Micro Trading Down 0.0%

Ingram Micro stock opened at $26.28 on Tuesday. Ingram Micro has a one year low of $14.25 and a one year high of $26.38. The company’s fifty day moving average price is $21.54 and its two-hundred day moving average price is $21.32. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.33 and a quick ratio of 0.95. The company has a market capitalization of $6.18 billion, a price-to-earnings ratio of 19.04, a PEG ratio of 0.90 and a beta of 2.27.

Ingram Micro (NYSE:INGM) last released its quarterly earnings results on Monday, March 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.06. Ingram Micro had a return on equity of 16.78% and a net margin of 0.62%.The company had revenue of $14.88 billion during the quarter, compared to the consensus estimate of $14.18 billion. The company’s revenue for the quarter was up 11.5% on a year-over-year basis. On average, analysts forecast that Ingram Micro will post 2.71 earnings per share for the current fiscal year.

Ingram Micro announced that its board has authorized a share repurchase plan on Monday, March 2nd that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 2% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

Ingram Micro Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Tuesday, March 10th will be paid a dividend of $0.082 per share. This is a positive change from Ingram Micro’s previous quarterly dividend of $0.08. This represents a $0.33 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Tuesday, March 10th. Ingram Micro’s dividend payout ratio is 23.19%.

Hedge Funds Weigh In On Ingram Micro

Several hedge funds and other institutional investors have recently modified their holdings of the stock. CWM LLC raised its stake in Ingram Micro by 125.7% during the second quarter. CWM LLC now owns 3,333 shares of the company’s stock worth $69,000 after acquiring an additional 1,856 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Ingram Micro by 11.8% in the 2nd quarter. Geode Capital Management LLC now owns 103,184 shares of the company’s stock worth $2,150,000 after purchasing an additional 10,878 shares during the last quarter. Creative Planning acquired a new stake in shares of Ingram Micro during the 2nd quarter worth about $601,000. Franklin Resources Inc. lifted its holdings in Ingram Micro by 54.0% during the 2nd quarter. Franklin Resources Inc. now owns 17,682 shares of the company’s stock valued at $368,000 after purchasing an additional 6,199 shares during the last quarter. Finally, AXQ Capital LP acquired a new position in Ingram Micro in the second quarter valued at about $432,000.

Ingram Micro News Roundup

Here are the key news stories impacting Ingram Micro this week:

• Positive Sentiment: Record revenue and Q4 strength — Ingram reported 2025 net sales up 9.5% to $52.6B and a record Q4, a fundamental positive that supports higher revenue growth expectations. Ingram Micro (INGM) 2025 Net Sales Grow 9.5% to $52.6B on Record Q4 Performance
• Positive Sentiment: Earnings beat and price momentum — The company posted better-than-expected EPS and revenue, which pushed the stock to a new 12‑month high and helped re-rate valuation multiples. Ingram Micro (NYSE:INGM) Reaches New 12-Month High Following Better-Than-Expected Earnings
• Positive Sentiment: Share buybacks — The company announced a $100M share repurchase program, which supports EPS and signals management confidence. Ingram Micro (NYSE:INGM) to Repurchase $100.00 million in Shares
• Neutral Sentiment: Analyst coverage — Morgan Stanley raised its price target to $23.00 (context: target movement matters but should be weighed against current trading levels). Morgan Stanley Raises Ingram Micro (NYSE:INGM) Price Target to $23.00
• Neutral Sentiment: Evercore ISI maintains a Hold — Analyst stance unchanged, signaling no immediate consensus to upgrade despite recent momentum. Evercore ISI Sticks to Its Hold Rating for Ingram Micro Holding Corporation (INGM)
• Neutral Sentiment: Analyst/commentary pieces and conference presentation — Several write-ups and a Morgan Stanley conference transcript provide incremental detail for models and investor Q&A but are unlikely to move the stock materially on their own. Assessing Ingram Micro Holding (INGM) Valuation After Recent Share Price Momentum Ingram Micro Holding Corporation (INGM) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
• Negative Sentiment: Large secondary offering by principal stockholder — Ingram Holdco (Platinum Equity affiliate) launched a $200M secondary sale of common stock; underwriters may have an overallotment option. That increases near-term supply and can pressure the share price and float. Ingram Micro Holding Corporation Announces Launch of Secondary Offering of $200 Million of Common Stock by its Principal Stockholder and a Concurrent Stock Repurchase

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.