28,830 Shares in Ingram Micro Holding Corporation $INGM Purchased by Creative Planning

Creative Planning bought a new stake in Ingram Micro Holding Corporation (NYSE:INGM) in the second quarter, HoldingsChannel reports. The firm bought 28,830 shares of the company’s stock, valued at approximately $601,000.

Several other hedge funds have also bought and sold shares of the business. Pullen Investment Management LLC boosted its position in shares of Ingram Micro by 36.1% in the 2nd quarter. Pullen Investment Management LLC now owns 92,508 shares of the company’s stock worth $1,928,000 after purchasing an additional 24,531 shares in the last quarter. Public Employees Retirement System of Ohio boosted its position in shares of Ingram Micro by 16.8% during the second quarter. Public Employees Retirement System of Ohio now owns 6,369 shares of the company’s stock valued at $133,000 after buying an additional 917 shares during the last quarter. Lind Value II ApS bought a new stake in shares of Ingram Micro in the second quarter worth approximately $24,995,000. Invesco Ltd. grew its position in Ingram Micro by 36.5% in the 1st quarter. Invesco Ltd. now owns 46,917 shares of the company’s stock worth $832,000 after purchasing an additional 12,542 shares during the period. Finally, State of Alaska Department of Revenue increased its position in Ingram Micro by 62.5% during the second quarter. State of Alaska Department of Revenue now owns 78,000 shares of the company’s stock valued at $1,625,000 after acquiring an additional 30,000 shares during the last quarter.

Ingram Micro Stock Down 1.3%

NYSE INGM opened at $21.72 on Friday. The company has a current ratio of 1.41, a quick ratio of 0.95 and a debt-to-equity ratio of 0.75. The stock’s 50 day moving average is $21.48 and its 200 day moving average is $20.58. Ingram Micro Holding Corporation has a 12 month low of $14.25 and a 12 month high of $24.81. The stock has a market cap of $5.11 billion, a PE ratio of 17.66, a P/E/G ratio of 0.86 and a beta of 2.36.

Ingram Micro (NYSE:INGM) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.05. The company had revenue of $12.60 billion for the quarter, compared to the consensus estimate of $12.21 billion. Ingram Micro had a net margin of 0.57% and a return on equity of 17.03%. Ingram Micro has set its Q4 2025 guidance at 0.850-0.950 EPS. Research analysts predict that Ingram Micro Holding Corporation will post 2.71 EPS for the current fiscal year.

Ingram Micro Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, November 24th. Investors of record on Monday, November 10th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, November 10th. This is a boost from Ingram Micro’s previous quarterly dividend of $0.08. This represents a $0.32 dividend on an annualized basis and a yield of 1.5%. Ingram Micro’s dividend payout ratio is currently 26.02%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on INGM. Wall Street Zen upgraded shares of Ingram Micro from a “hold” rating to a “buy” rating in a research note on Friday, September 5th. Zacks Research upgraded shares of Ingram Micro from a “strong sell” rating to a “hold” rating in a research report on Friday, August 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of Ingram Micro in a research report on Monday. Finally, Raymond James Financial decreased their target price on Ingram Micro from $26.00 to $24.00 and set an “outperform” rating on the stock in a report on Thursday, August 7th. Six research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, Ingram Micro has an average rating of “Moderate Buy” and an average price target of $25.11.

About Ingram Micro

Ingram Micro is a leading solutions provider by revenue for the global information technology (“IT”) ecosystem helping power the world’s leading technology brands. With our vast infrastructure and focus on client and endpoint solutions (formerly referred to as commercial & consumer, as described elsewhere in this prospectus), advanced solutions offerings and cloud-based solutions, we enable our business partners to scale and operate more efficiently in the markets they serve.