Pacer Advisors Inc. Makes New $3.91 Million Investment in Ingram Micro Holding Corporation $INGM

Pacer Advisors Inc. purchased a new stake in Ingram Micro Holding Corporation (NYSE:INGM) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 167,595 shares of the company’s stock, valued at approximately $3,907,000. Pacer Advisors Inc. owned 0.07% of Ingram Micro at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Royal Bank of Canada grew its position in Ingram Micro by 252.2% in the 1st quarter. Royal Bank of Canada now owns 1,472 shares of the company’s stock valued at $34,000 after buying an additional 1,054 shares in the last quarter. Comerica Bank raised its position in shares of Ingram Micro by 2,844.2% during the 3rd quarter. Comerica Bank now owns 3,798 shares of the company’s stock worth $82,000 after buying an additional 3,669 shares in the last quarter. CWM LLC lifted its stake in shares of Ingram Micro by 20.5% in the 4th quarter. CWM LLC now owns 4,144 shares of the company’s stock worth $88,000 after acquiring an additional 705 shares during the period. Wells Fargo & Company MN lifted its stake in shares of 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 acquiring an additional 1,031 shares during the period. Finally, Aster Capital Management DIFC Ltd bought a new position in shares of Ingram Micro in the fourth quarter valued at approximately $94,000.

Insider Buying and Selling at Ingram Micro

In other news, major shareholder Platinum Equity, Llc sold 5,167,069 shares of the firm’s 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 approximately $5,151,847,240.57. This trade represents a 2.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Augusto Aragone sold 50,000 shares of the company’s stock in a transaction 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 completion of the sale, the vice president owned 150,465 shares of the company’s stock, valued at $4,408,624.50. This represents a 24.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 5,227,069 shares of company stock worth $151,765,013. 0.95% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Truist Financial upped their target price on Ingram Micro from $29.00 to $31.00 and gave the stock a “hold” rating in a research report on Tuesday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Ingram Micro in a research report on Friday, July 24th. Morgan Stanley boosted their price objective on Ingram Micro from $27.50 to $33.00 and gave the stock an “equal weight” rating in a research note on Tuesday, June 23rd. Wall Street Zen cut Ingram Micro from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $33.00 target price on shares of Ingram Micro in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $31.00.

Ingram Micro Price Performance

INGM opened at $28.60 on Friday. The company has a current ratio of 1.31, a quick ratio of 0.88 and a debt-to-equity ratio of 0.60. Ingram Micro Holding Corporation has a 1 year low of $18.09 and a 1 year high of $31.69. The stock has a fifty day moving average price of $28.72 and a 200 day moving average price of $25.86. The stock has a market cap of $6.60 billion, a price-to-earnings ratio of 15.63, a PEG ratio of 0.70 and a beta of 1.75.

Ingram Micro (NYSE:INGM) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.08. The company had revenue of $14.53 billion during the quarter, compared to the consensus estimate of $13.85 billion. Ingram Micro had a return on equity of 18.07% and a net margin of 0.77%.Ingram Micro has set its Q3 2026 guidance at 0.720-0.820 EPS. Analysts forecast that Ingram Micro Holding Corporation will post 3.37 EPS for the current fiscal year.

Ingram Micro Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 25th. Shareholders of record on Tuesday, August 11th will be given a $0.086 dividend. This is a positive change from Ingram Micro’s previous quarterly dividend of $0.08. This represents a $0.34 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, August 11th. Ingram Micro’s payout ratio is presently 18.58%.

About Ingram Micro

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.