Ingram Micro Holding Corporation (NYSE:INGM) Receives Consensus Recommendation of “Hold” from Analysts

Ingram Micro Holding Corporation (NYSE:INGM) has been given an average rating of “Hold” by the eleven analysts that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $24.5556.

A number of brokerages have recently weighed in on INGM. JPMorgan Chase & Co. reissued an “underweight” rating and set a $24.00 price objective on shares of Ingram Micro in a report on Monday, December 15th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $24.00 target price on shares of Ingram Micro in a report on Monday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ingram Micro in a report on Monday, December 15th. Morgan Stanley decreased their price objective on shares of Ingram Micro from $23.00 to $21.00 and set an “equal weight” rating on the stock in a report on Wednesday, December 17th. Finally, Wall Street Zen upgraded Ingram Micro from a “hold” rating to a “buy” rating in a report on Friday, September 5th.

Ingram Micro Trading Down 1.0%

Shares of NYSE INGM opened at $22.19 on Tuesday. Ingram Micro has a twelve month low of $14.25 and a twelve month high of $24.81. The firm has a market cap of $5.22 billion, a PE ratio of 18.04, a price-to-earnings-growth ratio of 0.88 and a beta of 2.36. The business has a fifty day simple moving average of $21.66 and a two-hundred day simple moving average of $20.81. The company has a quick ratio of 0.95, a current ratio of 1.41 and a debt-to-equity ratio of 0.75.

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

Ingram Micro Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, November 24th. Stockholders of record on Monday, November 10th were issued a dividend of $0.08 per share. The ex-dividend date was Monday, November 10th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.4%. This is a boost from Ingram Micro’s previous quarterly dividend of $0.08. Ingram Micro’s dividend payout ratio (DPR) is currently 26.02%.

Hedge Funds Weigh In On Ingram Micro

Hedge funds have recently bought and sold shares of the company. Alyeska Investment Group L.P. lifted its position in shares of Ingram Micro by 634.6% during the first quarter. Alyeska Investment Group L.P. now owns 1,436,187 shares of the company’s stock worth $25,478,000 after purchasing an additional 1,240,675 shares in the last quarter. Lind Value II ApS purchased a new stake in Ingram Micro during the 2nd quarter worth approximately $24,995,000. American Century Companies Inc. lifted its holdings in Ingram Micro by 24.0% during the 2nd quarter. American Century Companies Inc. now owns 2,859,753 shares of the company’s stock worth $59,597,000 after buying an additional 552,620 shares in the last quarter. Norges Bank purchased a new position in Ingram Micro in the 2nd quarter valued at approximately $8,336,000. Finally, Invenomic Capital Management LP grew its stake in shares of Ingram Micro by 58.2% in the third quarter. Invenomic Capital Management LP now owns 929,332 shares of the company’s stock worth $19,971,000 after acquiring an additional 341,895 shares in the last quarter.

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.