Capital World Investors Buys 302,858 Shares of Ingram Micro Holding Corporation $INGM

Capital World Investors increased its position in shares of Ingram Micro Holding Corporation (NYSE:INGM) by 12.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,642,029 shares of the company’s stock after purchasing an additional 302,858 shares during the period. Capital World Investors owned approximately 1.12% of Ingram Micro worth $56,381,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Comerica Bank grew its position in Ingram Micro by 2,844.2% during the 3rd quarter. Comerica Bank now owns 3,798 shares of the company’s stock worth $82,000 after acquiring an additional 3,669 shares during the last quarter. CWM LLC lifted its holdings in Ingram Micro by 20.5% during the 4th quarter. CWM LLC now owns 4,144 shares of the company’s stock worth $88,000 after buying an additional 705 shares during the period. Aquatic Capital Management LLC acquired a new position in Ingram Micro during the 3rd quarter worth about $110,000. PNC Financial Services Group Inc. lifted its holdings in Ingram Micro by 855.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,400 shares of the company’s stock worth $116,000 after buying an additional 4,835 shares during the period. Finally, Covestor Ltd lifted its holdings in Ingram Micro by 15.4% during the 4th quarter. Covestor Ltd now owns 5,669 shares of the company’s stock worth $121,000 after buying an additional 756 shares during the period.

Analyst Upgrades and Downgrades

INGM has been the topic of a number of recent analyst reports. Raymond James Financial reissued an “outperform” rating and issued a $34.00 price objective on shares of Ingram Micro in a research note on Friday, May 1st. William Blair reissued an “outperform” rating on shares of Ingram Micro in a research note on Tuesday, March 3rd. Wall Street Zen downgraded Ingram Micro from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. Evercore set a $26.00 price objective on Ingram Micro in a research note on Monday, April 20th. Finally, Zacks Research raised Ingram Micro from a “strong sell” rating to a “hold” rating in a research note on Monday, February 23rd. Three research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $28.86.

Ingram Micro Stock Down 1.4%

INGM stock opened at $29.13 on Wednesday. The stock’s 50 day simple moving average is $27.69 and its 200 day simple moving average is $23.83. Ingram Micro Holding Corporation has a fifty-two week low of $18.09 and a fifty-two week high of $31.69. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.93 and a current ratio of 1.31. The company has a market cap of $6.75 billion, a P/E ratio of 19.29, a price-to-earnings-growth ratio of 0.86 and a beta of 1.78.

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

Ingram Micro Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Tuesday, May 12th were paid a dividend of $0.084 per share. This is an increase from Ingram Micro’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $0.34 dividend on an annualized basis and a yield of 1.2%. Ingram Micro’s dividend payout ratio (DPR) is currently 22.52%.

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

About Ingram Micro

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.