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

Shares of Ingram Micro Holding Corporation (NYSE:INGM) have been given an average rating of “Hold” by the nine analysts that are covering the stock, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $28.8571.

A number of equities research analysts have issued reports on the stock. William Blair reiterated an “outperform” rating on shares of Ingram Micro in a report on Tuesday, March 3rd. Truist Financial boosted their price target on shares of Ingram Micro from $25.00 to $29.00 and gave the stock a “hold” rating in a research note on Tuesday, May 5th. Evercore set a $26.00 price objective on Ingram Micro in a research report on Monday, April 20th. Raymond James Financial reiterated an “outperform” rating and issued a $34.00 price objective on shares of Ingram Micro in a research note on Friday, May 1st. Finally, JPMorgan Chase & Co. upgraded Ingram Micro from an “underweight” rating to a “neutral” rating and set a $27.00 target price for the company in a report on Wednesday, May 27th.

Ingram Micro Stock Performance

NYSE INGM opened at $30.04 on Tuesday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.31 and a quick ratio of 0.93. The company has a market cap of $6.96 billion, a P/E ratio of 19.89, a P/E/G ratio of 0.87 and a beta of 1.79. The stock has a 50-day moving average of $28.14 and a two-hundred day moving average of $24.07. Ingram Micro has a 1-year low of $18.09 and a 1-year high of $31.69.

Ingram Micro (NYSE:INGM) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.70 by $0.05. The business had revenue of $13.96 billion for the quarter, compared to analysts’ expectations of $12.76 billion. Ingram Micro had a net margin of 0.66% and a return on equity of 17.19%. The company’s quarterly revenue was up 13.7% compared to the same quarter last year. Ingram Micro has set its Q2 2026 guidance at 0.680-0.780 EPS. As a group, analysts anticipate that Ingram Micro will post 3.27 EPS for the current year.

Ingram Micro declared that its Board of Directors has initiated a stock repurchase plan on Monday, March 2nd that authorizes the company to repurchase $100.00 million in shares. This repurchase authorization authorizes the company to buy up to 2% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.

Ingram Micro Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 12th were paid a $0.084 dividend. This represents a $0.34 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Tuesday, May 12th. This is a boost from Ingram Micro’s previous quarterly dividend of $0.08. Ingram Micro’s dividend payout ratio (DPR) is 22.52%.

Institutional Trading of Ingram Micro

A number of large investors have recently made changes to their positions in INGM. Royal Bank of Canada lifted its stake in Ingram Micro by 252.2% in the first quarter. Royal Bank of Canada now owns 1,472 shares of the company’s stock worth $34,000 after acquiring an additional 1,054 shares during the last quarter. Comerica Bank increased its position in shares of Ingram Micro by 2,844.2% in the 3rd quarter. Comerica Bank now owns 3,798 shares of the company’s stock valued at $82,000 after purchasing an additional 3,669 shares during the last quarter. CWM LLC increased its position in shares of Ingram Micro by 20.5% in the 4th quarter. CWM LLC now owns 4,144 shares of the company’s stock valued at $88,000 after purchasing an additional 705 shares during the last quarter. Wells Fargo & Company MN raised its holdings 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 valued at $88,000 after purchasing an additional 1,031 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new stake in shares of Ingram Micro during the 4th quarter worth $94,000.

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.