Platinum Equity Advisors LLC DE Purchases New Stake in Ingram Micro Holding Corporation $INGM

Platinum Equity Advisors LLC DE acquired a new position in shares of Ingram Micro Holding Corporation (NYSE:INGM) in the 2nd quarter, HoldingsChannel reports. The fund acquired 177,466,319 shares of the company’s stock, valued at approximately $4,867,901,130,000. Ingram Micro makes up 54.3% of Platinum Equity Advisors LLC DE’s investment portfolio, making the stock its largest position. Platinum Equity Advisors LLC DE owned about 0.77% of Ingram Micro at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in INGM. Royal Bank of Canada lifted its holdings in shares of Ingram Micro by 252.2% during the 1st quarter. Royal Bank of Canada now owns 1,472 shares of the company’s stock valued at $34,000 after acquiring an additional 1,054 shares in the last quarter. Allworth Financial LP acquired a new position in shares of Ingram Micro during the second quarter worth about $35,000. Meeder Asset Management Inc. purchased a new stake in shares of Ingram Micro in the second quarter worth about $44,000. Comerica Bank boosted its position in shares of Ingram Micro by 2,844.2% in the third quarter. Comerica Bank now owns 3,798 shares of the company’s stock worth $82,000 after buying an additional 3,669 shares during the period. Finally, CWM LLC grew its stake in shares of Ingram Micro by 20.5% in the fourth quarter. CWM LLC now owns 4,144 shares of the company’s stock valued at $88,000 after buying an additional 705 shares in the last quarter.

Ingram Micro Price Performance

INGM opened at $29.07 on Thursday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.88 and a current ratio of 1.31. Ingram Micro Holding Corporation has a 1-year low of $18.77 and a 1-year high of $31.69. The company has a 50-day moving average of $28.28 and a 200-day moving average of $26.52. The company has a market capitalization of $6.71 billion, a P/E ratio of 15.89, a PEG ratio of 0.71 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 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.08. Ingram Micro had a return on equity of 18.07% and a net margin of 0.77%.The business had revenue of $14.53 billion during the quarter, compared to the consensus estimate of $13.85 billion. Ingram Micro has set its Q3 2026 guidance at 0.720-0.820 EPS. Equities analysts expect that Ingram Micro Holding Corporation will post 3.37 EPS for the current fiscal year.

Ingram Micro Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Tuesday, August 11th were given a dividend of $0.086 per share. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $0.34 annualized dividend and a dividend yield of 1.2%. This is an increase from Ingram Micro’s previous quarterly dividend of $0.08. Ingram Micro’s dividend payout ratio is currently 18.58%.

Analyst Ratings Changes

Several equities analysts recently commented on the company. The Goldman Sachs Group reissued a “neutral” rating and set a $33.00 price target on shares of Ingram Micro in a research report on Friday, July 31st. JPMorgan Chase & Co. upgraded shares of Ingram Micro from an “underweight” rating to a “neutral” rating and set a $27.00 target price for the company in a research note on Wednesday, May 27th. Weiss Ratings lowered shares of Ingram Micro from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, August 21st. Zacks Research cut shares of Ingram Micro from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 19th. Finally, Wall Street Zen lowered Ingram Micro from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 16th. Three investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $31.00.

Insider Buying and Selling 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 on Monday, June 15th. The shares were sold at an average price of $29.03, for a total value of $150,000,013.07. Following the completion of the transaction, the insider 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 transaction was disclosed in a document filed with the SEC, which is available through this link. Also, VP Augusto Aragone sold 50,000 shares of Ingram Micro stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $29.30, for a total transaction of $1,465,000.00. Following the completion of the transaction, the vice president directly owned 150,465 shares of the company’s stock, valued at $4,408,624.50. This trade 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. Insiders have sold 5,227,069 shares of company stock worth $151,765,013 over the last 90 days. 0.95% of the stock is currently owned by company insiders.

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.