Ingram Micro (NYSE:INGM) to Repurchase $100.00 million in Shares

Ingram Micro (NYSE:INGM) announced that its board has authorized a share repurchase program on Monday, March 2nd, RTT News reports. The company plans to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 2% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.

Analysts Set New Price Targets

INGM has been the topic of several analyst reports. Zacks Research raised Ingram Micro from a “strong sell” rating to a “hold” rating in a research report on Monday, February 23rd. Raymond James Financial set a $27.00 price objective on shares of Ingram Micro in a research note on Tuesday. Royal Bank Of Canada reiterated an “outperform” rating and set a $24.00 price objective on shares of Ingram Micro in a report on Monday, December 22nd. William Blair reissued an “outperform” rating on shares of Ingram Micro in a report on Tuesday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Ingram Micro in a research note on Monday, December 29th. 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 stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $24.43.

Ingram Micro Trading Up 7.5%

NYSE:INGM opened at $26.23 on Thursday. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.41 and a quick ratio of 0.95. Ingram Micro has a 12 month low of $14.25 and a 12 month high of $26.35. The business’s 50-day moving average is $21.46 and its two-hundred day moving average is $21.29. The firm has a market capitalization of $6.17 billion, a PE ratio of 19.01, a price-to-earnings-growth ratio of 0.87 and a beta of 2.27.

Ingram Micro (NYSE:INGM) last posted its quarterly earnings data on Monday, March 2nd. The company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.06. Ingram Micro had a net margin of 0.62% and a return on equity of 17.04%. The company had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.18 billion. The business’s quarterly revenue was up 11.5% compared to the same quarter last year. Research analysts predict that Ingram Micro will post 2.71 earnings per share for the current fiscal year.

Ingram Micro Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th will be issued a $0.082 dividend. This is a positive change from Ingram Micro’s previous quarterly dividend of $0.08. The ex-dividend date is Tuesday, March 10th. This represents a $0.33 dividend on an annualized basis and a dividend yield of 1.3%. Ingram Micro’s dividend payout ratio (DPR) is presently 23.19%.

Ingram Micro News Summary

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

• Positive Sentiment: Ingram Micro reported strong Q4 results and management highlighted double‑digit cloud growth and higher AI‑driven revenue for 2026 — commentary that supports recurring, higher‑margin services growth and helped investor sentiment. Ingram Micro outlines double-digit cloud growth
• Positive Sentiment: The board approved a $100 million share repurchase authorization (~2% of shares outstanding), signaling management sees the stock as undervalued and directly supporting EPS/float reduction. RTT News: Stock Buybacks
• Neutral Sentiment: Management presented at the Morgan Stanley TMT conference — presentations increase investor access and may reinforce the company’s cloud/AI story but are informational rather than catalytic. Conference Transcript
• Neutral Sentiment: Q1 2026 guidance was set to EPS $0.670–$0.750 and revenue $12.5–12.8B, roughly in line with consensus — a mixed read: guidance leaves room for beat but doesn’t materially change near‑term estimates. (Guidance disclosed in company release and call.)
• Negative Sentiment: Morgan Stanley raised its price target from $21 to $23 but maintained an “equal weight” rating — the new target still sits below the current market price, implying limited analyst upside and suggesting some caution on valuation. Benzinga: Analyst Note

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.